Turbo-Charged Income Earner
$1,750,000
114 Stalker Road offers a lot.
First you have the high quality spacious four-bedroom home (plus office) in popular and family-friendly Shotover Country.
Add to that a fully furnished one bedroom unit (with spa) with resource consent for 365 days per year visitor accommodation.
Combine these two and this property can produce a gross income of $110-$125k per annum.
The main home is in fantastic condition with four spacious bedrooms plus a separate office area. The master has an ensuite and walk in robe. The kitchen has impressive proportions with a 3.2m long silestone island benchtop, high quality appliances and a spacious walk-in butler’s pantry. The open plan living and dining flows outside to a private north facing deck. The double garage provides access to a huge loft space for storage. The house and flat are kept warm in winter and cool in summer with a heat pump in the living areas and a multi room ducted heat pump servicing the bedrooms. Underfloor heating for all bathrooms means no frosty toes. A very low maintenance exterior makes this the perfect investment property.
The attached one-bedroom unit is fully furnished and comes with a spa. Our owners are registered for GST for the visitor accommodation activity because they knew they would exceed the $60,000 per annum income threshold. The unit brought in a gross income of $63,000 in the 12 months ending July 2023.
114 Stalker Road also qualifies as a “new build” (CCC issued May 2023), bringing tax and financing advantages.
Please book a private viewing via this website, or ring Karen on 027 525 0255 or come to our open homes.
Karen Castiglione
Lawyer/Director
Looking to sell?
but with no commission