This is a property that will get you excited when you look at how much is on offer. Rental income and possible subdivision potential make this a stand out option if you are looking for gains to be made.

With a passive income from the rental of two units plus a self-contained guest suite, the design of this home can provide the perfect income opportunity.

Once known as Manaia Club, this iconic Whangarei Heads property situated on approximately 1.8ha, is steeped in local history and is commanding in size and position.

Sprawling over three levels this spacious home provides options aplenty with opportunities for multi-generational living, home and income, or a business opportunity such as a bnb, passive rental, cafe, gallery or studio. You will be restricted only by your imagination. Recent rezoning also presents possible subdivision potential.

Panoramic north facing water views over McLeod Bay and to Mount Manaia and Aubrey, with an easy stroll to the beach, make the position second to none.

The top level includes an open plan kitchen with walk in pantry, dining and spacious living area with direct access to a wide balcony for outdoor living at its best. Two suites with ensuites plus another two bedrooms and laundry complete this level.

The second level also boasts a stunning balcony that allows independent access to two spacious self-contained units - one bedroom and two-bedroom respectively.

The ground level provides three garages plus room for storage or a workshop with ample parking.

The property is approximately 25 minutes from the CBD in one of the most popular seaside neighborhoods. Walking tracks, ocean and harbour beaches, boat ramps, fishing and diving grounds are all on your doorstep. A great golf course, local primary schools and Parua Bay Village are only minutes away.

This commanding property is truly exceptional and offers a great opportunity to live a dream lifestyle. The astute purchaser will recognise the potential.

Our seller is motivated - Calling for all reasonable offers.