The cottage and cabin are ready to move into immediately if buyers wish enjoy an instant tree/sea change and join the vibrant offshore community, or to retain as a weekend escape from the city.

 

For investment purposes the property can be let long term to provide excellent rental returns, or can continue to operate as short term BNB accomodation, offering buyers the flexibility of spending time at the property themselves, but opening the calendar to gain extra income at other times.

 

Many new owners and investors will wish to make a fresh start and build a new home.

 

The building and development options for this property are exceptional as the existing structures are simple, minimal, sit lightly on the land, and can be easily and inexpensively demolished to leave a perfect blank canvas for a new designer home.

 

The blank canvas is further enhanced by the fact that all the practical necessities such as retaining walls, inclinator rail, jetty, sea wall and level boat shed site are already in place.

These represent several hundred thousand dollars worth of improvements and make the logistics of construction considerably easier, allowing site preparation to begin as soon as required, without the delay or expense that would be the result of creating these structures from scratch.

 

The existing building footprint is already established and well positioned, and minimal site disturbance and excavation are required to extend this to a significantly larger and more extensive development envelope.

 

The fact that there are existing structures allow greater flexibility in development options, as the cottage can be retained as accommodation during the planning stages, or the cabin retained as an office or workshop.

 

The land is ideally suited to a split level or pavillion style home that steps down the gently sloping site, with the optional addition of a boat shed at waterfront.

 

The primary benefit of this type of split level construction is that not only is disturbance to the site minimised, but also that it ensures that panoramic water views can be enjoyed from every level of the dwelling.

This is the general layout of most other waterfront properties on the island.

 

An option might be to first build a boat shed and then proceed to a staged additions/alterations project or new build.

  

A 3D scale model of the land and existing structures is available for purchasers as are many surveys and architectural drawings / plans for alterations and additions to the cottage, boat shed plans, and also plans for a brand new designer home. These all utilise the existing site to great effect.

 

These plans will be provided to the purchaser and should they wish to proceed with the design or make alterations to it, an introduction to the architect can be arranged.

 

The current owner has lived on the property for many years and has conducted extensive research into the development potential of the site and the specific planning guidelines that apply to the property and is happy to provide this information to the buyer and to advise or assist buyers with development applications and any other council paperwork.

 

Recent council approvals to construction on neighbouring properties indicate greater development possibilities than have previously been possible. These new precedents suggest that council are relaxing some of the strict requirements and allowing significantly more flexibility in terms of the regulations than they have in the past. 

 

As such there is enhanced scope for extensive re development of the site. 

 

Documentation relating to these new precedents can be provided on request to the purchaser.

 

The current owner is also well versed in the logistics of offshore building  and is happy to assist with introductions to local architects, builders, barge operators and tradespeople and to obtain quotes for proposed works if required.

 

The property has excellent access for builders and tradespeople, with a level seafront area and deepwater frontage that allows barges to access the sea wall on a high tide to unload materials, and there is good road access at the rear for trucks and building material deliveries.