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Seize the chance to own a substantial parcel of land on both sides of Matokitoki Valley Road, offering a variety of options for farming, lifestyle living, or long-term investment. This expansive 48.6-hectare property is zoned Rural Residential, providing the potential for subdivision in line with council zoning rules.
Key Features:
•Zoned Rural Residential: Potential for subdivision (subject to council approval), making this an ideal opportunity for developers or those seeking long-term land banking.
•Diverse Terrain: The property is a mix of flat land, medium-grade hills, and steep hill areas, providing the perfect backdrop for various agricultural pursuits or creating a bespoke lifestyle retreat.
•Stock Fattening & Farming Potential: The fertile land is well-suited for stock fattening or farming, offering excellent opportunities for those looking to establish a productive rural enterprise.
•Multiple Building Sites: There are a number of potential building sites across the property, each offering unique views and the possibility of creating your dream home or multiple dwellings (subject to subdivision approval).
•Prime Location: Located just minutes from Gisborne City, the Lytton West shopping precinct, and Gisborne Hospital, offering the perfect balance of rural tranquillity and urban convenience.
•Sunny Climate: Enjoy the benefits of Gisborne’s renowned sunny climate, perfect for outdoor living, farming, and a wide range of recreational activities.
•Privacy with Accessibility: Situated in a highly sought-after neighbourhood, the property is surrounded by nature and spaciousness, yet remains close enough to essential amenities and services. A fantastic opportunity for those seeking peace and privacy without being too isolated.
Boundary lines are indicative only.
Tenders close: 4pm, Thurs 20 Mar 2025 (unless sold prior)
10 Reads Quay, Gisborne