540 Wallace Terrace, Te Awamutu, Waipa

Te Awamutu residential development opportunity

•Zoned future residential
•Sort after location on town fringe
•Will suit developers, land bankers or retirement operators

A fantastic platform for residential growth, this 8.99ha block at the end of Wallace Terrace has potential for approximately 120 lots. A dream site, the tract of land frames expansive views of Kakepuku and Mt Pirongia, and its gentle sloping contours allow homes to optimise the vista. The outlook and location set the scene for a quality housing development in prosperous Te Awamutu. With demand for housing across the country growing, this subdivision in the making has the ability to serve future generations and allow a new community to flourish.

It is zoned future residential and identified as cell T4 in the Waipa District plan. A private plan change could potentially accelerate development. Known as the Rose Capital of New Zealand, Te Awamutu is a booming township and vibrant service centre for the surrounding farming communities. It lies in easy commuting distance of Hamilton and Cambridge, has a friendly vibe, and some wonderful natural assets.