Here's your chance to secure a beautifully sheltered property in one of Stewart Island's most sought-after locations. Tucked away in the peaceful surroundings of Evening Cove, this unique property offers an excellent lifestyle and business investment opportunity.
Set up to provide immediate returns, the property is perfectly suited to both short and long-term accommodation. Everything has been thoughtfully designed, making it a true turnkey opportunity. Whether you're looking to establish a tourism venture, provide accommodation for local workers, or simply invest in a growing market, this property is ready to go.
The current owners are achieving an approximate 12% return on investment, with confirmed bookings for the 2027 season already exceeding $47,000 and continuing to grow daily.
Stewart Island continues to attract visitors from around the world-adventurers, nature lovers, hunters, and fishermen-creating consistent demand for quality accommodation throughout the year. Located just a scenic 20-minute walk from Oban along the waterfront, you'll enjoy easy access to the township while taking in the beauty of the island's native bush tracks along the way.
The property includes:
- Three high-spec one-bedroom units, designed for comfort and practicality for Island activities.
- Bore water, providing a reliable year-round water supply.
- Fully equipped on-site laundry for guests and housekeeping.
- Spacious 30m2 covered BBQ and fire area, ideal for entertaining in any season with plenty of room to prepare and store the day's catch.
- Digital assets and future bookings - (www.eveningcove.co.nz)
- Vehicle included with each unit
- Extensive chattel list making the units ready for upcoming bookings
If you're looking for a lifestyle investment with proven income and an unbeatable Stewart Island setting, this is an opportunity not to be missed.
For more information or to arrange a viewing, contact Jordan today.
$980,000 (plus GST if any)
Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents. Land and floor area measurements are approximate, and boundary lines indicative only. All efforts have been made to source accurate information from reputable sources (i.e. Regional/City councils, Property-Guru, Core Logic etc). We cannot, however, verify its accuracy and suggest this should not replace independent clarification through standard due diligence.