A tidy 20.8ha development block with two road boundaries. Reasonably flat with undulating contours and nicely elevated, sitting at around 10m -11m above mean sea level.
One Tree Point continues to grow and this property is well located to benefit from the upgraded infrastructure which continues to expand due to increased development in the area. The adjoining property to the north is under development, and the latest stage of Hoppers developments is just a stone's throw away.
Sitting in the Marsden Point Urban Expansion Zone, this property has an underlying General Residential zoning allowing subdivision down to an average density of 400 sqm (subject to Council approval) in the near future.
Exceptionally well located being close to gorgeous coastal beaches, the sheltered Whangarei Harbour, Marsden Cove Marina, and Port Marsden Business Park. With access to childcares, One Tree Point Primary School, Bream Bay College, golf courses, cafes and restaurants, various shops and retirement villages. This community really caters for all.
This is an opportunity primed for subdivision for the astute developer or land banker.
Property highlights:
- One of the last residential development sites available in One Tree Point
- Two long road frontages
- Reasonably flat
- Elevation 10-11 m above Mean Sea Level
- Favourable zoning for long term residential development (average density 400 sqm)
- Sought after location in an established seaside residential suburb
- Holding income of $24,960 plus GST from grazing.
Call Megan McGregor (027346 4194) or John Haselden (0272 808 980) today to discuss this opportunity.