An exceptional Northland rural property, subdivided to enable the establishment of a series of spectacular coastal lifestyle blocks, is set to come to the market in April.
John Duder, Northland Sales Manager for PGG Wrightson Real Estate and his team are marketing the property.
This is the most significant Far North real estate offering for many years. Thanks to the astute long-term vision of the family that has owned and farmed it for more than 60 years, its subdivision in the late 1960s has set up a unique development opportunity.
“Approximately 100 hectares of the holding comprises numerous coastal and beach blocks, all at least four hectares and all with viable building sites. Extending along several kilometres of coastline, this part of the holding is set to become one of Northland’s most highly prized coastal settlements.
“These are lots that tick all the most coveted boxes: bay or ocean views, beach access, seclusion, and proximity to boating facilities within easy reach of outstanding fishing and diving. Once developed these are properties that will provide a beguiling and coveted lifestyle that their owners will seek to pass down through the generations,” he says.
Included within the property and also subdivided are two lots already with dwellings, and one with a woolshed that has potential for straightforward conversion to commercial or residential use.
Situated approximately 100 metres from the beach and currently utilised as a short-term holiday rental, one of these blocks includes a three-bedroom bungalow with attic, veranda, native flooring, a garage, covenanted sea views and a large flat section with further building opportunities.
Also currently in holiday rental use, the other presently developed lot includes a 100 square metre two-bedroom Lockwood cottage, plus additional sleepout, classified as ‘a true kiwi bach’ right on the waterfront.
John Duder says the property’s unique character and multiple lots presents numerous selling options.
“Initially we will seek expressions of interest via a tender process. While finding a single purchaser would be a good outcome, with so many separate titles the property presents plenty of alternatives. Our vendors have had this scenario in mind for many years. We want to see how the market reacts to such a unique offer, and will assess responses before deciding how to proceed,” he says.
North of Kerikeri and a few kilometres from the internationally ranked Kauri Cliffs golf course, previously the land has had various uses, including pine plantation, native bush and pasture.
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