e-valuation

OH! WOW!

Asking price $4,500,000 (incl GST)
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OH! WOW!
Features
548m2
9452 m2
Please note that the price is INCLUSIVE of GST (if any). Do you consider yourself a Visionary and do you have... Read more
Please note that the price is INCLUSIVE of GST (if any).

Do you consider yourself a Visionary and do you have Boundless Energy?

Sanctuary in the Cove, the premier waterfront real estate in Doubtless Bay, nestled between Coopers Beach and Cable Bay, is positioned for a dynamic new custodian to elevate its business potential. This exceptional property offers numerous opportunities for innovative entrepreneurs.

Business Opportunities:
- Subdivision: Capitalize on the 9,452 sqm of Residentially Zoned, waterfront land by subdividing (600sqm Controlled Activity or 300sqm as Discretionary Activity). A Registered Valuer suggested "6 excellent lots" could be created.
- Resource Consent Renewal: Renew the Resource Consent to expand with a fourth residence.
- Holiday Let: Fully let all three existing dwellings. Currently, only one cottage is regularly rented out.
- Retreat Utilization: Transform the property into a retreat for yoga, cold plunge, meditation, art gallery or a business park.
- Endless Possibilities: The options for future development and creativity are limitless.

Currently promoted as a boutique resort, Sanctuary in the Cove features:
- Main Residence: A two-story home, extensively renovated offering 4 bedrooms, office, living room, games room, 3 bathrooms plus additional WC, walk-in robe, rimu flooring, i/a dble garage, and boat storage.
- Guest Cottages: Two self-contained cottages, each with 2 double bedrooms. Cove Cottage averages $350/night, while Pohutukawa Cottage houses a caretaker.
- Waterfront Access: Over 100m of waterfrontage with easy boat and kayak launch access.
- Stunning Gardens: Architecturally designed gardens featured in NZ House and Garden, with mature native trees, shady pathways, a running stream, and a central waterfall.

With an entrance on SH10 secured by electronic gates, the property slopes over 200 meters down to a private cove, offering complete privacy between the three north-west facing residences built on expansive flat land at the water's edge.
NAKI3317
Agent Details
Sean Vercammen
Sean Vercammen
Ph:
0272 188 188
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