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Open Home - 11-12pm Sunday 26th March
Now is your chance to purchase 5.8 acres (2.3 ha more or less) of prime land in popular Tara Road.
The property has four buildings, three of which are unconsented. The owner and extended family have lived on the property and developed infrastructure over the years and there was one Code Compliance Certificate issued in 2010 for a 36 sqm Skyline Garage. The property is being offered for sale by Tender (if not sold prior) on an “as is, where is” basis, with no vendor warranties.
A scheme plan was done a few years ago for three lifestyle lots to be subdivided off the slopes at the rear of the property, accessed from a concrete right of way up the northern boundary. Two lots have since been sold for $520,000 each, leaving 2.3460 hectares of land.
Prospective purchasers should investigate subdivision options under the draft Unitary KDC Plan. This property is in a great location – walking/cycling distance to the village and school on a footpath at the gate and close proximity to the best Mangawhai has to offer.
Infrastructure includes good concrete accessway and driveways, electricity availability to three unconsented dwellings and three water tanks.
There is also a double garage/outbuilding at the back of one of the properties, a pond and other infrastructure, including landscape/building supply bays which would suit a contractor.
Most of the land is flat to gently sloping, apart from the rear portion of the property which rises up to a moderate slope.
This is an unusual opportunity which requires a purchaser to see past the current condition of the property and realise the potential of this land size and location.
Being sold by Tender (unless sold prior) on 29th March, at 1.00pm at Bayleys Mangawhai.
