+13
LANDBANK, FARM OR DEVELOP!
Tender (unless sold prior) 4pm Wed 21th July 2021
A once in a lifetime opportunity to acquire a strategically positioned, 50 hectares of land in Mangawhai is now a reality. Located near to the internationally recognised 'Tara Iti' Golf Course, within a short drive to Mangawhai Central development and surf beaches, make this property a prime prize for those with an eye on the future.
Presently Kaipara Council zoned as 'Rural Harbour', and with dual road frontages, provides the potential for subdivision for up to 25 lots (2 ha lots). Neighbouring subdivisions and those along the road, with the same zoning, have 3000 sqm and 1 ha lot sizes. This will clearly help satisfy the continued strong demand for residential and lifestyle housing in this high growth area.
Rich fertile black peat and condensed sand soils on a predominantly flat contour provide a great base for the property's current use as dairy support and cropping farm or for horticultural options. Continuing with these rural activities, and renting out the three-bedroom home, will provide real income stream possibilities until its full development potential is realised. Other infrastructural features on the property include three-phase power, a farm water bore, a disused cowshed, cattle yards and a five-bay implement shed.
This well positioned landholding offers huge future potential gains. Property of this quality and strategic development value are extremely rare to find in this market, making it a 'must see'.
Continue to farm it, lifestyle it, call in the diggers, or landbank it for your future!
