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Overview
Secure your position within one of the South Pacific’s most exclusive property markets with this remarkable opportunity. Located in one of the region’s most tightly held and esteemed destinations, this property at 137 Taylors Road offers not just a residence but a unique strategic lifestyle asset with immediate income potential and significant long-term capital growth prospects.
Set within a tranquil and highly desirable enclave on Norfolk Island, this multi-dwelling residence beautifully blends the relaxed essence of island living with the performance attributes of a smart investment. The location is surrounded by natural beauty, enhancing the inherent calm and privacy, creating a rare oasis in a sought-after community.
This property has been designed with versatility in mind, enabling multiple income streams. Its configuration is ideally suited for short-term accommodation, long-term leasing, or a hybrid lifestyle-business approach. Investors will appreciate the strong and diversified yield opportunities, while lifestyle purchasers can enjoy the tranquility of island life alongside rental income generation.
What differentiates this property is its placement within a market characterized by scarcity and ongoing demand. Limited land supply coupled with growing interest in Norfolk Island as a boutique tourism and lifestyle destination means properties of this calibre are increasingly difficult to acquire.
Backing this asset is the strength of location, exclusivity, and escalating worldwide demand for authentic living experiences that integrate lifestyle and investment benefits seamlessly.
The property comprises four independent and viable living spaces crafted to offer flexibility and income maximization:
- Main Residence: A spacious three-bedroom home featuring one bathroom with a separate toilet, an open-plan dining and living space complete with a cozy wood stove, a functional kitchen with ample storage, a shared breezeway, welcoming veranda, and a carport accommodating two vehicles.
- Parent Retreat: A self-contained one-bedroom unit, fully equipped and perfect for single occupancy, providing privacy and comfort.
- Recently Renovated In-Law Accommodation: A large, newly refreshed one-bedroom unit suitable for one to two occupants, including selected furnishings with some items slated for updating.
- Ground Floor Studio/Home Office: A self-contained one-bedroom unit, fully equipped and ideal for a single occupant or workspace at home.
Additional features and infrastructure are thoughtfully included to enhance tenant management and cost efficiency. Each dwelling has an individual gas supply and separate hot water systems. Recently installed individual electricity sub-meters for all four areas plus owner and laundry spaces facilitate simplified tenant billing and cost recovery.
The large concrete slab area downstairs offers excellent potential for future expansion, such as an entertainment zone, additional communal space, or conversion into extra parking space for two or more vehicles.
Investment Highlights:
- Potential for lifestyle enhancement combined with a solid income stream.
- Zoned for both tourist accommodation and long-term rental uses, increasing rental flexibility and opportunities.
- High demand driven by Norfolk Island’s limited housing supply and unique location.
- Flexibility to reside in one unit while leasing out others, optimizing the financial return and lifestyle benefits.
- Opportunity to increase returns further through upgrades or repositioning strategies.
Future Potential: This asset is more than an immediate income generator. It is a strategic property with significant upside possibilities. With zoning support for tourism and residential uses, as well as additional space for enhancement, the future owner can expand accommodation offerings, create a boutique retreat experience, increase rental yields through modernization, and capitalize on the growing demand for distinctive and experience-driven stays on the island.
Lifestyle Meets Investment: Owning property on Norfolk Island is a lifestyle decision as much as a financial one. The investment encompasses:
- A peaceful, close-knit community environment.
- A globally emerging tourism and lifestyle destination.
- A market distinguished by scarcity, exclusivity, and rising global interest.
Opportunities such as this are exceptionally rare on Norfolk Island, making this an outstanding proposition for both investors and lifestyle buyers seeking a unique position in paradise.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Norfolk Island NSW 2899