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House

498 Sea View Road Onetangi, Waiheke Island 1081

Sold on 10 Jul 2015
  • 2 Beds
  • 2 Baths
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House in Onetangi

Outstanding Business & Lifestyle Opportunity

  • 2 Beds
  • 2 Baths

Potential 7% Net Return per annum - unlimited owners use -Fully Managed options - substantial capital gain potential

The Opportunity:
The Dome House has already achieved enviable returns as a holiday accommodation business with substantial advance bookings through until March 2016! On target to achieve a 7% net return this year (self-managed) this will only improve in the future. There is also an option for a 'hands-free' fully managed service with projections of between 5-7% net return in the next few years. This combined with the owners use makes the Dome House a sound investment which you can work as hard or as little as your lifestyle dictates. There is also large potential in the lucrative wedding market as the Dome House would make a unique venue. (It has already been used in a magazine fashion shoot).

The Property:
Just up the road from popular Onetangi Beach, playground and beachfront cafes. The appealing ambience of the sensual curves of the domes and the Greek-island inspired white-washed walls and blue feature doorways and windowsills are what sets this property apart. The Dome Home has been renovated beautifully to the very highest standards with signature features such as mosaic lights, cabana bar, polished concrete and aggregate flooring, plus that wonderful rustic wooden front door. The Dome House is set back from the road behind bespoke electric gates to allow privacy when desired. The versatile layout of this three-bedroom, two-bathroom property with living areas inside and out means you can separate it into two accommodation areas, which can be rented simultaneously or as one substantial complex.

The owners have reduced the asking price by $26,000 as they want action. Time to act: NOW. Phone me now to arrange to view and for further information on financial performance/projections. There is a very extensive list of chattels that comes with the sale of the property.

View the HD Video and Interactive Floorplan at www.rwwaiheke.co.nz/WAI20650

Bedrooms:

2

Bathrooms:

2

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