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Coastal Village Expansion Zone
- Land: 6.65 ha (16 acres)
Located at the White sand end of Ngunguru Estuary approximately 150 meters from the beach and short walking distance to the waterfront school is this stunning approx 6.6 hectare development block that enjoys amazing views out over the estuary and sand spit area. Golf, tennis, bowls, boat ramps and a bustling friendly community all sit at your doorstep. Council have recently included this property as part of their Rural Village expansion zone making this a very rare and collectible investment opportunity for the astute developer and or syndicate buyer.
After 12 years of battling council through appeals, environmental courts and the commissioner the current owners have finally been given the green light to develop. They have a concept plan for 28 good sized sections and with the balance as a large standalone portion taking in the highest point of the property along with adjoining native plantings and established bush.
This concept is not set in concrete giving a new owner the potential to alter the plan and submit a resource consent more along their tastes.
Sewer connection is near the entrance and subdivision has the potential to become a mix of living 1 and living 3 environments.
There is a huge demand for homes and sections out here on the Tutukaka coast and in particular close to the Ngunguru village area. There really is no where else to expand and so an opportunity such as this may only come once or twice in a lifetime.
Vendors are ready to move on after having spent many years and large sums of money on their dream and welcome all offers by way of Tender.
2pm, Monday 7th May 2018
Ray White Whangarei
Cnr Porowini Avenue and Tarewa Road
6.65 ha / 16 acres