An outstanding opportunity to secure a high-profile, main road property in Kaitaia. This property (formerly a motel) has undergone extensive refurbishment and is now offered as an unfinished development ready for completion.
Development Overview:
- 15 self-contained units
- 1 x 2 bedroom unit with double garage (largest unit)
- 6 x Two-bedroom units - 2 with single lock-up garages
- 7 x One bedroom units - 4 with single lock up garages
- Allocated on-site parking spaces for all remaining units
- All units have private patios, new roof and rear gardens
- Significant refurbishment works completed to Council
- Established services and infrastructure in place
- Prominent North Road frontage with excellent visibility
- Easy access to town centre and local amenities
- Land area 7449 square metres (more or less)
With much of the groundwork already done, this property presents a compelling value-add opportunity for developers, investors, or housing providers. Potential uses (subject to council approval) include:
- Long-term residential acommodation
- Worker or contractor housing
- Supported or transitional housing
- Further unit development on residual land
- Rental estimate for units available on request.
Demand for quality accommodation in the Far North continues to grow, making this a strategic project with strong upside potential.
Complete the development and capitalise on this prime Kaitaia opportunity.
Contact us today for further details or to arrange a viewing.
