Opportunity Knocks: Versatile Lifestyle Property with Income Potential

266 Wairoa Gorge Road, Wairoa Gorge, Brightwater

Offers Over $940,000

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Description

If you're a savvy buyer looking for flexibility, dual-living options, or creative ways to reduce your mortgage, this 26-hectare lifestyle block offers an exceptional opportunity—and it’s priced to sell!

The main residence is a private, partially renovated 3-bedroom home full of rustic charm. It features open-plan living, a fenced section, garaging, and plenty of space for the family—or it could serve as a solid rental investment.

In addition, a 2015 Goldpine shed has been converted (unconsented) into a self-contained unit, offering extra accommodation or rental potential. A covered workshop and an additional 3-bay implement shed provide ample storage and workspace.

The land itself consists of some steeper cleared grazing hill, and approx. 5 hectares of Pinus Radiata at various stages of growth, offering future income from timber harvests. A previously consented operational commercial quarry adds another layer of potential value for the right buyer.

Mature native bush enhances the property’s natural beauty and supports a range of recreational activities—from hiking to bird watching. Well-formed tracks run throughout the block, leading up to the top boundary where panoramic views await.

This is a unique property that needs to be seen to be fully appreciated. Whether you’re looking for a family lifestyle, rental income, or long-term investment potential, this block delivers.

Property Information

Location 266 Wairoa Gorge Road, BRIGHTWATER

Legal Description Lot 1 DP 8950

Local Authority Tasman District Council

Certificate of Titles NL10D/121

Land Area 26.2883 HA more or less

Valuation (Sept 23) RV $ 985,000 LV $ 570,000 VI $415,000

Annual Rates $3030.12( TDC)

Tenure Freehold

Zoned Rural 2

Trees/ Plantings Approx 2000, 10 month old trees.

Approx 1500, 1 year old trees

Approx 1000, 8 year old trees.

Built Circa 1985

Construction Hardy Board or Similar and Concrete Block

Roof Long Run

Bedrooms Three

Bathrooms One

Kitchen Open Plan Kitchen and Dining

Living Open Plan

Flooring Carpet, Vinyl, Timber

Insulation Ceiling, Floors, Walls

Heating/ Cooling Fireplace, Ceiling Fans

Water Heating Electric, Wetback

Water Supply Tank, Natural Supply

Garaging Double with Off Street Parking

Sewerage Septic Tank

Fencing Fully Fenced

Chattels Curtains, Fireplace, Stove, TV Aerial, Smoke Detectors

Farm Shed The Goldpine Shed has council consent for the construction of the shed. But the internal improvements, including kitchen, bathroom and bedroom are not consented by TDC.