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361 Matapouri Road,
Tutukaka, Whangarei District
NZD 1,377,000
Property details
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Agents
Ray White Tutukaka: Goode Leith Realty Limited Licensed (REAA 2008)
1983 Ngunguru Road, Ngunguru Whangarei District 0173
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Coastal Home and income
Two modern homes! Both three bedrooms, masters with ensuites. Entertainment decks and ocean views, this property is located on the ridge above Tutukaka Village. Two homes with views to the ocean and Tutukaka Harbour below. A private position amongst 7,276 sqm of planted grounds complete with walking tracks, exotic flora, and, for the garden enthusiast, a shade house that doubles as an undercover outdoor setting.
A standout feature of this property is its exceptional value proposition. Compared with a similar property offering just one home, the second dwelling represents an additional investment of approximately $300,000, yet provides the potential to generate around $30,000 per annum in rental income. That's an estimated 10% gross rental yield on the additional investment alone-an outstanding return for residential real estate, before considering any future capital growth.
The main house is a wonderful design. The family hub includes 2 living areas, kitchen and dining that connect with large rear entertaining deck and front courtyard. The accommodation wing provides three large bedrooms, two bathrooms and links to the entertaining deck for an afternoon sunny outlook over surrounding bushlands. A large internal access double garage completes the picture.
The guest home is fresh and provides three bedrooms and a large open plan living kitchen/dining/living space with great flow to the front patio for views to the Tutukaka shores.
Rental appraisals - Main house ($700 - $750pw) - Guest house ($600 - $650pw).
Heat pumps, gas hot water, ventilation systems - two modern homes comfortable and convenient.
Across the road to Landowners Lane offers a pleasant walk to the Tutukaka village. A range of cafes, restaurants and bars along with boutique stores and shopping for the basics. The deep-sea anglers' club is a hive of activity and the marina is full with beautiful launches and a chance for you to land that trophy fish.
The Tutukaka coast is a short drive from the city of Whangarei (pop 100,000+). From the seaside village of Ngunguru to the surf beach of Sandy Bay this stretch of coast is some of the best the world has to offer. Great people, great facilities - a place you just won't want to leave.
Property pack available upon request.
www.rwwhangarei.co.nz/TUT30514
A standout feature of this property is its exceptional value proposition. Compared with a similar property offering just one home, the second dwelling represents an additional investment of approximately $300,000, yet provides the potential to generate around $30,000 per annum in rental income. That's an estimated 10% gross rental yield on the additional investment alone-an outstanding return for residential real estate, before considering any future capital growth.
The main house is a wonderful design. The family hub includes 2 living areas, kitchen and dining that connect with large rear entertaining deck and front courtyard. The accommodation wing provides three large bedrooms, two bathrooms and links to the entertaining deck for an afternoon sunny outlook over surrounding bushlands. A large internal access double garage completes the picture.
The guest home is fresh and provides three bedrooms and a large open plan living kitchen/dining/living space with great flow to the front patio for views to the Tutukaka shores.
Rental appraisals - Main house ($700 - $750pw) - Guest house ($600 - $650pw).
Heat pumps, gas hot water, ventilation systems - two modern homes comfortable and convenient.
Across the road to Landowners Lane offers a pleasant walk to the Tutukaka village. A range of cafes, restaurants and bars along with boutique stores and shopping for the basics. The deep-sea anglers' club is a hive of activity and the marina is full with beautiful launches and a chance for you to land that trophy fish.
The Tutukaka coast is a short drive from the city of Whangarei (pop 100,000+). From the seaside village of Ngunguru to the surf beach of Sandy Bay this stretch of coast is some of the best the world has to offer. Great people, great facilities - a place you just won't want to leave.
Property pack available upon request.
www.rwwhangarei.co.nz/TUT30514
Explore the area
School catchments
- Ngunguru School Full primary Years 1-8 State 2.7km
- Whananaki School Full primary Years 1-8 State 11.9km
- Huanui College Secondary Years 7-15 Private 16.3km
- Glenbervie School Primary Years 1-6 State 17.8km
- Parua Bay School Full primary Years 1-8 State 18.8km
- TKKM o Te Rawhiti Roa Composite Years 1-15 State 19.6km
- Tikipunga High School Secondary Years 7-15 State 19.8km
- Tikipunga Primary School Primary Years 1-6 State 20.2km
- Totara Grove School Primary Years 1-6 State 20.7km
- Te Kura O Otangarei Full primary Years 1-8 State 21.0km
- Hikurangi School Full primary Years 1-8 State 21.5km
- Excellere College Composite Years 1-15 State integrated 21.7km
- Kaurihohore School Primary Years 1-6 State 21.7km
- Whau Valley School Primary Years 1-6 State 21.7km
- Te Kamo Intermediate School Intermediate Years 7-8 State 21.9km
- St Francis Xavier Catholic School (Whangarei) Primary Years 1-6 State integrated 21.9km
- Te Kamo High School Secondary Years 9-15 State 21.9km
- Whangārei Girls' High School Secondary Years 9-15 State 22.1km
- Whangarei Adventist Christian School Full primary Years 1-8 State integrated 22.1km
- Te Kāpehu Whetū Composite Years 1-15 State 22.3km
- Whangārei Boys' High School Secondary Years 9-15 State 22.4km
- Renew School Composite Years 1-15 State integrated 23.4km
- Pompallier Catholic College Secondary Years 7-15 State integrated 27.4km
- Bream Bay College Secondary Years 7-15 State 30.8km
- Te Kura o Waikare Composite Years 1-15 State 39.5km
- Tauraroa Area School Composite Years 1-15 State 40.7km
- Mangakahia Area School Composite Years 1-15 State 44.4km
- Bay of Islands College Secondary Years 9-15 State 47.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Murray Coop
361 Matapouri Road, Tutukaka 0153
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Murray Coop
361 Matapouri Road, Tutukaka 0153