Parnwell Place, Ohauiti, Bay Of Plenty

This solid aerated concrete home with EIFS over cavity on solid concrete basement and floors with feature linea weatherboard is an opportunity for astute buyers with an eye to the future to enjoy income streams to pay down the mortgage faster – with the current owners earning around $30K per year from Air BnB. Enjoy living in this renovated, substantial home with minimal maintenance (current builders report available) leaving weekends free to indulge your sports and hobbies. The self-contained apartment will also appeal to multi-generational families for grandparents or adult kids living with mum and dad whilst saving for their first home. A bonus 77sqm (approx.) of studio space with its own access could be adapted as another BNB, teen retreat, or home business – this latter offering opportunities to reap the financial and logistic rewards of working from home.

The freshly repainted 458sqm (approx.) interior has a glamorous entrance atrium with stairs (and potential shaft to install a lift) leading to the first floor. On the upper level, living and dining areas are divided into open plan casual zones with formal sitting/media room while multiple exit points flow to the balcony where views from hills to harbour are the reward. A big kitchen is a stylish social hub with handsome stone benchtops amidst modern stainless-steel appliances including cooking range with gas hob top. Five bedrooms comprises of four upstairs where the master has door to the deck, heat pump, walk in robe and tiled ensuite. The other bedrooms are served by a full-size bathroom with separate toilet. The main foyer links into the consented ground floor flat with its own entrance and parking space, a kitchenette, double bedroom, and tiled bathroom. The super-sized rumpus area with guest toilet and separate access is presently used to run a bridal business.

Carpeted four car garaging or potential double garage with sizeable workshop will appeal to DIY mancave-dwellers, while outside there’s plenty of parking for the boat and...