This opportunity that will appeal to buyers with vision, entrepreneurial spirit, and an appreciation for a unique coastal location. Positioned on the prominent corner site of State Highway 2 and Dunlop Road, this property lies approximately 4.5 kilometres west of Opotiki on the renowned Pacific Coast Highway. Located just a few hundred metres inland from the beautiful Waiotahe Beach and near the growing Waiotahe Drifts subdivision.
Set on approximately 0.45 hectares, the property spans two distinct land levels, offering both functional space and elevated coastal outlooks.
At the northern, lower level, the land is flat and level. Here you'll find a substantial steel portal shed that has been partially converted into a cafe. The cafe area features lined interior walls, a compact kiosk-style serving space, and bifold doors opening onto a covered outdoor dining area overlooking a well-maintained lawn and gravel parking area. One bay functions as a storeroom and workshop, while adjacent sits a timber portable cabin, previously used as office space.
The elevated southern portion of the property accommodates a two-level, three-bedroom dwelling. The home includes two double bedrooms, a bathroom, and a combined kitchen, dining, and living area on the lower level. Upstairs you'll find a large master bedroom and generous lounge, where elevated views toward the Pacific Ocean are available.
The dwelling also features a large covered deck running along the northern and eastern sides, accessible from multiple doors. A single internal-access garage in located at the southern end of this structure. Constructed with shadow-clad plywood exterior and a long-run Colorsteel roof, the home is functional but currently presents in an unfinished condition, offering clear scope for refurbishment and improvement.
Between the dwelling and the lower level sits a 12-metre-wide right-of-way, providing legal access through the centre of the property to the neighbouring 0.98-hectare block.
This property offers multiple potential uses or could serve as a project ready for redevelopment that has the location advantage of being on a high-profile coastal corridor.
Please note: This property is being sold under Mortgagee Auction conditions, and interested parties are required to undertake their own due diligence prior to bidding.
Mortgagee Auction Wednesday 8th April at 11am at Property Brokers, 38 Landing Road, Whakatane (no prior sale).
