For Sale - 10 Magrath Avenue, Paraparaumu Beach

The property occupies a large elevated site just off Kapiti Road at Paraparaumu Beach and has views to the east towards the hills and over Paraparaumu Airport, while to the west sits the iconic Kapiti Island. \n\nInitially built as a rest home, the buildings have undergone alterations and modifications over time to keep them up to date.\n\nA large part of the buildings (around 800sqm) are taken up with single room accommodation, amenities across the four interlinked accommodation blocks which join into dining, recreation and common rooms, a full commercial kitchen, laundry etc. \n\nCurrently, after school programmes use these common areas plus additional space during the day as well as having designated play areas etc outside.\n\nIn addition to the main buildings, there is a standalone block of four self contained apartments. There is also a near new 95m? 'Keith Hay' style house currently being used by the local food bank and a youth group.\n\nThe large 9070sqm section has a 'finger' of land extending to the south of the main site comprising approximately 1,700sqm. This land could potentially be subdivided off from the main section and sold off or developed separately.\n\nThe property is a five minute walk to Paraparaumu Beach Golf Club, Paraparaumu Beach and the Paraparaumu Airport with the proposed development of the new Kapiti Landings Business Park and new expressway some 1 kilometer along Kapiti Road. \n\nParaparaumu is the main commercial hub of the Kapiti Coast region which covers some 40 kilometres of coastal plain northwest of Wellington and is home to over 45,000 inhabitants. \n\nDon't delay - call now as this property for sale will create good interest.\n\n