The ‘winterless north’ of New Zealand has long been a favoured destination for those seeking an unsurpassed lifestyle. Now there’s the opportunity for an astute buyer (or even multiple buyers) to own a significant coastal property that presents numerous options for development.
What makes this property truly unique is that large parcels of the land have already been subdivided, with titles already in place, and according to John Duder, Northland Sales Manager for PGG Wrightson Real Estate, this is something that doesn’t come along every day.
“In the 1960s, the family (who are the current owners) decided to undertake the subdividing, with the foresight to realise that in years to come, such property would be at a premium - and of course they were correct.
“I think you would struggle to get something like this ticked off nowadays, dividing up such a substantial piece of land. It’s a massive job taken care of, providing a huge advantage for the buyer.”
Ticking off the most coveted boxes of real estate, approximately 100 hectares of the 435-hectare holding extends along several kilometres of pristine, untouched coastline. Comprising of 29 titles, these range from bay and/or ocean views, to beach access and close proximity of boating facilities - to make the most of world-class recreational activities in the region, such as fishing and diving.
Along with the ‘smaller’ coastal blocks (of at least 4 hectares or more), there are several larger farm titles, all with exceptional building sites and coastal views. And located just 45 minutes north of the picturesque tourist town of Kerikeri and a mere 10-minute drive to the internationally renowned Kauri Cliffs, it's easy to connect the dots when it comes to the potential of this offering.
“This region has a number of high-end lifestyle properties and luxury accommodation providers. Down the road, Russell and Paihia are both huge tourist attractions in their own right, and Kerikeri has a fantastic airport for connecting to Auckland and surrounds. It really is a very special place.” says Duder.
Image: Pahia Wharf in the neighbouring town of Paihia. Image not taken from the property.
Just like the weather, Northland has its own property ‘microclimate’, with steady year-on-year increases that typically shun the huge rises and falls that other parts of New Zealand’s property market experience. This may see a buyer value its future possibilities, or the immediate benefit of further development.
Whatever the outcome, Duder says there’s no doubt this property is extraordinary, both in location and size, and he’s confident of how attractive it will be to both domestic and international buyers.
“This is certainly the most remarkable Far North real estate offering for many years - listings like this are rare. Buyers need to recognise the opportunity available to them here.”
Included within the property are three lots with dwellings, and one with a woolshed that could lend itself to a straightforward conversion for 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.
Now the time has come for the family to part with it, presenting new owners the chance to take the property in a new and exciting direction.
“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 brings with it plenty of alternatives.” says Duder.
