CO-HOUSE LIVING OR HOLIDAY INVESTMENT OPPORTUNITY
Secure your share of paradise
TWO SELF-CONTAINED APARTMENTS AVAILABLE
Tapu Bay co-house features three private dwellings on the one freehold title. Two of those shares are now available for sale:
Option 1: A two-bedroom 81.58m² ground floor apartment
Option 2: A 38.78² ground floor studio apartment
Option 1: A two-bedroom 81.58m² ground floor apartment
Option 2: A 38.78² ground floor studio apartment
Co-house location
The Tapu Bay co-house is situated in one of the most beautiful places on the planet: the sought-after coastal community of Kaiteriteri in Te Tauihu (the top of Aotearoa New Zealand's South Island) and enjoys all-day sun.
Option 1: Two-bedroom 81.58m² ground floor apartment
33.4% share with right to occupy stylish new* fully self-contained apartment with garden views, featuring:
- Open plan living/dining
- Full kitchen
- 1 large bedroom
- Separate office (or second bedroom)
- 1 bathroom
- Two large indoor storage areas
- Fully sound/fire-proofed
- Garden shed
- Ample off-street parking
* Constructed and fully consented in 2020-21
- Open plan living/dining
- Full kitchen
- 1 large bedroom
- Separate office (or second bedroom)
- 1 bathroom
- Two large indoor storage areas
- Fully sound/fire-proofed
- Garden shed
- Ample off-street parking
* Constructed and fully consented in 2020-21
Two-bedroom apartment photo gallery
The two-bedroom apartment is 81.58m². There is an open plan living and dining room, full kitchen with external access to courtyard, a large master bedroom with built-in wardrobe, a bathroom, a large office (or second bedroom) with external access, and two adjacent indoor storage areas.
Asking price
$450,000
$450,000
Two-bedroom apartment floor plan
The two-bedroom apartment is highlighted in purple and yellow below. The communal indoor spaces are highlighted in pink.
Option 2: 38.78m² ground floor studio apartment
16.6% share with right to occupy recently* remodelled studio apartment, featuring:
- Open plan living/dining
- Kitchenette
- 1 bedroom
- 1 bathroom
- Sunny veranda
- Garden shed
- Small boat storage
*Remodelled in 2022
- Open plan living/dining
- Kitchenette
- 1 bedroom
- 1 bathroom
- Sunny veranda
- Garden shed
- Small boat storage
*Remodelled in 2022
Studio apartment photo gallery
The studio apartment is 38.78m². There is an open plan living, dining and kitchenette which opens on to a west-facing veranda, a bedroom with built-in wardrobe and a separate, adjoining bathroom.
Asking price
$260,000
$260,000
Studio apartment floor plan
The studio apartment is highlighted in blue below. The communal indoor spaces are highlighted in pink.
Co-housing benefits
Why join the Tapu Bay co-house?
Living or holidaying in a co-house has many benefits.
- Affordable way to live or holiday in a stunning locationLocated mid-way between Tapu Bay (with its gentle tidal beach) and Stephens Bay (with its all-day swimming beach and boating access), the co-house is a great base for a range of outdoor activities and the heart of a small community committed to sharing with each other. Or you may wish to invest in the property so you and friends can use it as holiday accommodation.
- Purpose-built private spacesThe 310m² two-storey home was purchased in 2019 and has been renovated and remodelled over the past three years to provide privacy and comfort in three separate spaces. If you are considering using the co-house as a holiday destination, it's a great investment opportunity with excellent returns on Airbnb (with the added benefit of your co-house partners being on site to protect your investment).
- Tenants in common ownership, with a simple and legally watertight property sharing agreementThe property is owned as "tenants in common", a common legal structure, and the land title will show the names of each owner and their respective shares in the property. There is also a legally-binding property sharing agreement that anticipates every eventuality. If it is time for something different, our property sharing agreement includes a simple exit strategy.
On the doorstop of Abel Tasman National Park
Only one hour's drive from Nelson City and 15 minutes from Motueka. The co-house is three minutes walk from two beaches and only five minutes drive (or a 30-minute coastal walk) from local restaurants and convenience store.
Be surrounded by nature
Kaiteriteri has been a favourite coastal destination for generations. Located 15 minutes from Motueka, Kaiteriteri regularly features in national and international top 10 lists of the best beaches in the world. Only a short walk away you will find the smaller, quieter Stephen's Bay and Tapu Bay community.
Kaiteriteri Recreation Reserve
The Kaiteriteri Recreation Reserve is 250ha of Crown land that includes Kaiteriteri Beach, Kākā Point Historic Reserve, Kākā Island, Kaiteriteri Estuary, Kaiteriteri Mountain Bike Park and the hills with native bush surrounding the beach and estuary. The Kaiteriteri Mountain Bike Park offers great riding for all abilities in a stunning and unique setting. Jump on your bike and be in the park in less than three minutes.
Contact us:
To express interest and for more information including the Council property file and shared property agreement please contact:
Steve Henry on 021705873
OR
Ali Law on 0276837400
Steve Henry on 021705873
OR
Ali Law on 0276837400
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All photo and video materials belong to Tapu Bay co-house owners.