An exciting opportunity to secure 1.2623 hectares (more or less) of strategically located land in the central North Island town of Turangi, with Resource Consent. The vendor has commissioned draft scheme plans that would see a successful purchaser benefit from developing the land into 51 units.
This property would appeal to a range of buyer groups including developers, builders, and investors.
With the shortage of housing in the district, this proposal could lead to a turn key project for the astute buyer that would supply and fill the extensive gap in the current Taupo-Turangi market.
Turangi is a small town on the west bank of the Tongariro River, 50 kilometers south-west of Taupo on the North Island volcanic plateau of New Zealand.
It was built to accommodate the workers associated with the Tongariro hydro-electric power development. Nestled on the plains below the forest-clad Kaimanawa Ranges, Turangi is a basecamp for world-class fly fishing for trout on the pristine Tongariro River, and the gateway to the awe inspiring beauty and adventure of the Tongariro National Park.
Turangi is an easy 40 minute drive (approximately) by car or bus from Taupo town. In the other direction, it's also 40 minutes to the Whakapapa Ski area and 20 minutes to the start point for the Tongariro Alpine Crossing.
On offer also is the variety of holiday destinations from Whareroa, Kuratau, Pukawa and around to Motuoapa with its fabulous new marina.
This property is to be sold on a Plus GST (if any) basis.