61 years of ownership is a testament to this iconic property and it’s location. Welcome to your home and income, one of the original homesteads where the essence of country living meets future potential. Nestled on a substantial, near-level 5 hectares of land, this beautifully presented 1950s weatherboard home offers character beyond your imagination. It features a bonus minor dwelling, ideal for extended family or additional income. While the home is comfortable and tidy, it would benefit from an extensive renovation, presenting a significant opportunity to unlock its true value.
With expansive usable land, six paddocks, a loading race, a stable, one freestanding large garage/workshop, and an existing orchard, the infrastructure is already in place for your ideal lifestyle retreat. The Rural Countryside zoning provides ultimate privacy and space, all just minutes from the thriving Kumeu hub. The area is highly regarded for its community, local eateries, famous wineries, excellent schooling, and many local businesses and amenities.
The property has a capital value of $2,405,000, with a land value of $1,875,000. Please note there is a Notice of Requirement (NOR) designation on the majority of this land issued by Waka Kotahi (the New Zealand Transport Agency).
Viewing is strictly by appointment. Please reach out to me today to arrange a time.
Please see our disclosures below.
GIS viewer Designations - 6789, Construction, operation and maintenance of a public transport corridor, (Rapid Transit Corridor), Designations, New Zealand Transport Agency
Disclosures:
1. This property is largely impacted by the New Zealand Transport Agency designation. Please refer to the LIM report designation for details.
2. The designation has impacted the value of the property. It is being marketed to support an application for a whole property purchase order under s185 of the Resource Management Act 1991, requiring the New Zealand Transport Agency to buy the property under the provisions of the Public Works Act 1981. Section 185 specifies that the owner must market the property at the market value it would have had if it had not been designated. No allowance for the effect of the designation on the property's value can be considered in any sale.
3. Apart from the above disclosures, the vendor does not give any warranty or make any representations regarding the effects of the designation. As the instructed real estate agent, I am not authorised to advise intending purchasers on the effects of the designation. We strongly urge you to seek independent legal advice and other technical advice from your expert advisers.
