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Thousand Acre Road, Oamaru, Waitaki, Otago, 0 Bedrooms, 0 Bathrooms, Lifestyle Section

By Negotiation

Thousand Acre Road, Oamaru, Waitaki, Otago

247942m2
Lifestyle SectionListed on Thu Mar 28
$2,332/Monthly repayments
Based on estimate value
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Oamaru Oamaru's coastal gem - prime development land

Nestled directly on the waterfront in the sought-after Kakanui/Awamoa area, just minutes south of Oamaru, lies a rare bare land opportunity tailormade for developers and land bankers.

With resource consent already granted for subdivision into six four hectare lifestyle lots, this property's prime location and surrounding land uses position it as one of the most coveted lifestyle developments in the region. As the district plan review process progresses, opportunities to develop such a property will become increasingly scarce.

With its breathtaking views of the Pacific Ocean, panoramic vistas of the Kakanui Mountain Range, and gently sloping terrain, each future property promises to capture the essence of coastal living at its finest.

Moreover, the Waitaki District Council's infrastructure ensures convenient access to essential services such as water, electricity, and telephone along the Thousand Acre Road boundary.

Just seven kilometres on sealed roads from the vibrant Oamaru township, which is home to attractions like the Victorian Precinct, Steampunk HQ, Blue Penguin Colony, Oamaru harbour, public gardens, and only moments away the local surf break, this property offers both tranquillity and proximity to urban conveniences.

Now is the time to seize this exceptional investment opportunity. Your dream coastal development awaits.

Please contact Nick for further information or download the property files via the Bayleys website. www.bayleys.co.nz/4620440

Location

Estimate update: 2024 05Data Disclaimer
Low$380,000
Mid$392,500
High$405,000

Estimate accuracy

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Totara School
4.07 km
Primary
1-8
Government
Co-Educational
EQI: 429
6
Kakanui School
4.32 km
Primary
1-8
Government
Co-Educational
EQI: 457
1

Property history

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For developers

Unitary plan:-
Land:247942m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
Promote

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
57 Stuart Street
0.18 km
3
1
110m2
Year 2024 Month 04 Day 26
$480,000
Council approved
25 Hannah Place
1.90 km
3
2
170m2
Year 2024 Month 03 Day 06
$665,000
Council approved
27 Arthur Street
0.19 km
3
1
170m2
Year 2024 Month 01 Day 23
$460,000
Council approved
6 Oban Street
2.01 km
3
1
170m2
Year 2024 Month 01 Day 12
$452,500
Council approved
46 Glendale Crescent
0.11 km
4
1
160m2
Year 2023 Month 11 Day 22
$450,000
Council approved

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Ref:4620440Last update:2024-05-08 09:05:47