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258 Cowes Bay Road, Waiheke Island, Waiheke Island

Waiheke Private and Commercial Estate with Award Winning Business

dollar

$9,200,000

Section
Lifestyle property
Bedroom
4
Bathroom
3
Floor area
730m2
Land area
1.86ha
Title type
Freehold
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Property details

Listing # WAG11353 | Listed on 11 March

Welcome to 258 Cowes Bay Road, Waiheke Island.

The outlook often described as the most breath-taking on Waiheke. The islands of Pakatoa, Ponui and Rotoroa punctuate the horizon.

A 1.86-hectare freehold site. Home to the acclaimed Waiheke Distilling Company with the distillery building, tasting room and hospitality venue consented for up to 263 guests per day.

Sale of the land and buildings with a lease back option presents an attractive land holding investment with an established passive income opportunity. The asking price includes Land, Buildings and The Waiheke Distilling Co commercial offering that includes fixtures and fittings, together with a very impressive still.

Paths and formed resting spots weave through the aromatic botanical gardens that provide a buffer between the private and commercial use. The separately accessed private accommodation is only two years old and offers complete privacy from the commercial development. Clean lines, birch ply ceilings, Italian Riverstone tiling, drapes and plush NZ wool carpets have created a spacious, light, nurturing home with the views constantly in focus, a literal dream scape.

The title affords you gated access to PIKAU Bay - enjoy the beach, a 49-metre jetty, two all tide boat launching ramps, a registered mooring and helipad an aquatic wonderland with ease of access to the sea and scope rarely offered. A separate boat or storage shed is also included as part of the purchase. At an all-inclusive asking price of $9.2M; except for the business related activity which is zero rated, and depending on your future use, your intentions and purchasing structure, this may allow you to claim GST against the property purchase price.

Distilling curious or a complete reimagine, perhaps it’s time to invest in your own legacy. eBook and property documents available on request.

Contact Lisa Hopewell from New Zealand Sotheby's International Realty for more details.

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Additional features

Roofing: Steel/G-Iron, Colour Steel

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