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263 Main Highway, Otaki, Kapiti Coast, Manawatu, 0 Bedrooms, 0 Bathrooms, Lifestyle Section

Buyers $850,000+

263 Main Highway, Otaki, Kapiti Coast, Manawatu

49000m2
Lifestyle SectionListed on Thu Mar 28

Otaki Endless opportunities

Unlock the potential of this 4.9ha land parcel nestled on the edge of Otaki township. Designated for Future Urban Development by KCDC, this prime property offers endless possibilities.

Experience the best of both worlds with a convenient "walk to town" lifestyle, where urban amenities meet rural tranquillity. Seize this opportunity to create your dream retreat or investment land bank.

With multiple breathtaking house sites offering panoramic views of the sprawling landscape and native bush. Complete with an 80m2 approx. farm shed, ideal for storage or workshop. The On-site bore ensures reliable water supply for house and stock.

Enjoy a steady yearly income from a Telecoms lease which can help cover holding costs.

Awaiting new title to be issued, expected mid-2024.

Don't miss out - schedule your viewing today and start envisioning the future on this remarkable piece of land!

Location

Council Data

Last update : 2024 06 12
Improvement value$30,000Reduced by 0% from year 2020
Land value$860,000Increased by 24% from year 2020
CV(Year 2023 Month 08)$890,000Increased by 23% from year 2020
View typeNo appreciable view
ContourLevel
Land area65847m²
TitleWNA1/836
Type of titleFreehold
Legal descriptionPT LOT 1 DP 11972
CouncilKapiti Coast
Estate descriptionFSIM,1/1,PART LOT 1 DEPOSITED PLAN 11972
ConstructionExternal Walls: Unknown Roof: Unknown
ConditionExternal Walls: Unknown Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Otaki College
0.54 km
Secondary
7-15
Government
Co-Educational
EQI: 485
4

Property history

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For developers

Unitary plan:-
Land:49000m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.26 km
3
156m2
Year 2024 Month 04 Day 08
$730,000
Council approved
19d Dunstan Street
0.14 km
3
148m2
Year 2024 Month 03 Day 23
$780,000
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0.16 km
3
1
102m2
Year 2024 Month 02 Day 20
$621,000
Council approved
0.17 km
3
128m2
Year 2024 Month 02 Day 13
$545,000
Council approved
0.08 km
0m2
Year 2024 Month 01 Day 03
$500,000
Council approved

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Ref:OTL177488Last update:2024-05-23 09:36:11