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7 Ridgeway Terrace, Taradale, Napier City

Additional Income Opportunity With Executive Style

dollar

Negotiation

House
House
Bedroom
4
Bathroom
3
Land area
2681m2
Garage
2
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Property details

Listing # TL22995 | Listed on 14 April

Positioned in one of Taradale West's most prestigious neighbourhoods, 7 Ridgeway Terrace presents a contemporary, near-new executive home offering flexibility, quality, and income potential within a thoughtfully designed layout.

Cleverly configured for versatility, the home features a near-new Airbnb wing, privately positioned and separated by the double integral garage. This well-appointed addition includes a double bedroom, an open-plan kitchen, dining and living area, and a stylish tiled bathroom. With its own parking and grassed outdoor area, it is ideal for guest accommodation, extended family living, or a seamless supplementary income stream, offering exceptional flexibility and a strong income opportunity.

Currently returning $600 per week as a long-term rental, this self-contained space provides an immediate and proven revenue stream for the new owner. Whether you choose to continue with the existing tenancy, operate it as short-term accommodation (subject to local regulations), or use it for extended family or guests, the options are numerous.

This additional accommodation can help offset mortgage repayments, supplement your household income, or enhance the property's overall investment appeal. With a demonstrated rental return already in place, buyers can purchase with confidence, knowing the property has an established history of generating income.

The main home is finished to a high standard and offers three double bedrooms and two bathrooms, including a master suite with a walk-in wardrobe and ensuite. The open-plan kitchen, dining and living area forms the hub of the home, showcasing stone benchtops and quality appliances, while being supported by both a heat pump and a fireplace for year-round comfort. Large doors extend this living space out to a deck and lawn, framed by established gardens and mature trees, while elevated views add an extra layer of appeal.

Properties that combine quality family living with a genuine secondary income opportunity are increasingly sought after, making this a compelling proposition for homeowners and investors alike.

Conveniently located close to Taradale's shops, schools, and amenities, and just moments from the iconic Church Road Winery and concert venue, this is a standout opportunity in a highly regarded neighbourhood.

Viewings by private appointment only - Call Tania to arrange

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Additional features

Water closet
3 Separate toilets
Rates
Rates: $8,153.27 per annum
Other Features: Cooktop x 2,Dishwasher x 2,Bathroom Extractor Fan x 3,Wall Oven x 2,Lounge TV and Bracket,TV and Bracket in Master Bedroom,Fridge in Garage,White Pots at Front Door x 2,BBQ Table,Heat Pump x 2,Wood Shed x 1,Rangehood x 2,Mirrors in All Bathrooms,Heat

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Fibre
Starter

Installed

Fibre Starter 100
100/20
mbps

from
$60
per month

Fibre
500

Installed

Fibre 500
500/100
mbps

from
$89
per month

Fibre
Max

Installed

Fibre Max
900/500
mbps

from
$99
per month

Hyperfibre
2000


Hyperfibre 2000
2000/2000
mbps

from
$149
per month

Hyperfibre
4000


Hyperfibre 4000
4000/4000
mbps

from
$179
per month
Not available
Hyperfibre
8000
currently is not available at this address

Hyperfibre
8000


Hyperfibre 8000
8000/8000
mbps

from
$260
per month

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