Strategically positioned in one of Waikawa’s most sought‑after accommodation areas, this expansive property offers outstanding home‑and‑income potential. Configured for flexibility, the impressive 290sqm floorplan includes 8 bedrooms, plus a sleepout, and 2 additional bedrooms across the courtyard, supported by 3 bathrooms and an en‑suite, generous communal spaces and excellent indoor–outdoor flow. Water views add further appeal for guests.

Purpose‑built for high occupancy and strong returns, the layout suits contractor crews, workers, short‑ or long‑term boarders and backpacker lodging. Private entrances to the upper and lower levels provide four bedrooms on each floor, each with good natural light and ample storage, while both living areas open to small decks for relaxed outdoor connection.

Close to the marina, beach, cafés, restaurants, walking tracks and the sparkling Marlborough Sounds, the location consistently attracts both workers and visitors. The flat 1,012sqm section offers off‑street parking for up to 11 vehicles, a major advantage for workforce accommodation.

Bathed in all‑day sun and framed by established trees, the outdoor spaces create inviting areas to unwind and enjoy the coastal lifestyle. With proven performance and exceptional versatility, this property stands out as a high‑performing, adaptable and future‑proof investment.

318 Waikawa Road delivers immediate returns and long‑term potential.

Tender closes 12.00pm Monday 27 April 2026 at Summit, 56 High Street, Picton (will not be sold prior).