Commercial

17.7 ha of future residential development

601 Wainui Road, Outer Kaiti

Commercial Land
dollar

Negotiation

Land area
17.72ha
Title type
Freehold

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Property description

Listing # 2752606|Listed on 23 June 2022

This elevated and centrally located opportunity boasts circa 650 metres of road frontage to State Highway 35 and the new cycle/walkway connecting the CBD, Wainui Beach and coastal suburbs. The site is currently in two zones, with the majority of the area being General Residential and the balance in Rural Residential, permitting a range of residential and retirement development options. After years of earthworks, geotechnical testing and recording, the site is now positioned as the next logical development to cater for the regions expanding population, or to land bank and watch as the city continues to sprawl outward, making sites like this increasingly valuable. Very rarely do opportunities like this come to the market. Call today for a copy of the Information Memorandum and access to the comprehensive geotechnical reports for this property.

(Boundary lines are indicative only)

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Bousfield MacPherson Ltd  (Licensed: REAA 2008) - Bayleys, Gisborne

Mike Florance

Bousfield MacPherson Ltd (Licensed: REAA 2008) - Bayleys, Gisborne
22 active listings

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