Premium Island Lifestyle Opportunity

Auckland City

Price On Application

Proposed Usage
Development Site
Land Area
47752.00 m²
Description:
Property ID
1c652cg

This intriguing opportunity involves an island gem in the Hauraki Gulf. 23 acres of land on a private peninsula on Rakino Island is the site of a modern Lodge popular for high-end private functions and weddings. The Lodge makes a modest profit and covers all the maintenance and ongoing costs of the property.

The property is also well suited to owner occupation when not in use for commercial functions. With its own jetty, golf driving range, and on-site helipad, this could become a private family enclave to be enjoyed for generations to come.

The location should be very positive to the Lodge in terms of forthcoming America's Cup.

The vendor is well advanced in sub-dividing the Titles into smaller 5 acre blocks with spectacular views and great building platform options.

There will be options to maybe purchase portions of the property packages.

The owner is motivated to convert this property into an income-generating asset and will seriously look at swaps with commercial property anywhere in New Zealand. The valuation of the property is close to $10M so any commercial properties of substance plus some cash could be swapped for this luxury lifestyle asset.

Price on Application

Contact Anthony - 021 784 865 for further details..

Enquire about this property

Auckland City Area