20 and 20A Owai Avenue (2 cross-lease titles), Teal Bay, Oakura Coast

Discover an outstanding and truly unique waterfront opportunity in the ever-popular Teal Bay.

Designed in the 1980s by celebrated architect James Hackshaw of the iconic Group Architects, this distinctive U-shaped, double-unit bach is a rare piece of architectural history. Hackshaw himself considered it one of his finest works—designed for an effortless, easy-living lifestyle perfect for long summer days at the beach, where relaxing, socialising, and entertaining take centre stage.

Thoughtfully planned and highly functional, the property is the envy of the bay with each Bach being self contained, each unit offers exceptional open-plan living with two double bedrooms that provide comfort and privacy, in addition to their own living, dining, kitchen, bathroom, and laundry facilities. Unit 1 has an additional bunk area for overflow sleeping.

The generous, level section is perfectly suited for parking, pitching tents, or storing kayaks and boats. A bore and water tank ensure reliable year-round water supply. With fantastic recreational options, a peaceful bay, and a warm, friendly community, Teal Bay is the ultimate getaway destination.

Relax in all-day sun in the sheltered central courtyard, tucked away from the coastal breeze, or unwind on the covered deck overlooking the stunning waterfront and its picturesque surroundings—an ideal setting for gathering with friends and family.

The units have each been owned and cherished by the same families since their construction in the 1980s, but they are now ready for new owners to come together to create their own lifelong memories.

Don’t miss this rare opportunity to purchase both waterfront units together.

Please note: Each unit is on its own title but is part of a cross-lease (refer to picture of the double unit house plan to see how the units come together and to note the minor variations of each unit). The units have separate electrical meters and septic tanks, but currently share a water tank, bore and pumps.

CV on each property is $1,150,000 as of 2024.

Please refer to www.trademe.co.nz for 20A Owai Avenue, Teal Bay listing.

To see the write-up on this fabulous property, please refer to: www.stuff.co.nz

Price by negotiation