Prime Kerikeri development opportunity (33ha)


39 Riddell Road, Kerikeri

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Prime Kerikeri development opportunity (33ha) | 39 Riddell Road, Kerikeri | 1002757 |      X Close
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Prime Kerikeri development opportunity (33ha)


Calling the property developers, investors, farmers or discerning buyers - a premium slice of land just three minutes from Kerikeri Township has presented itself. Seldom available and stacked with scope, this one is not to be missed.

It's no secret that demand for quality housing is red hot against a lack of supply. Here is a lucrative opportunity to acquire land on the edge of town (on two separate titles) to develop or landbank for the future.

The hospitality, growth and amenities of Kerikeri is grabbing the attention of Auckland buyers and the Far North is firmly on the map for offering a fantastic lifestyle. Be the master of an exciting future for several families by launching approximately 30 new sections to a strong market.

An address this close to town will make the end product irresistible to buyers. Best still, the vision and consenting process has been well-advanced - ready for you to hit the ground running.

IN DETAIL:

LOT 3

Zoned rural production, this 22.4 hectare block has a proposed survey plan for a subdivision of five lots. Access is via 39 Riddell Road (as below). The proposed lots include four at 2.10 hectares, and one at 14.03 hectares.

The contour here is rolling country and the soil is productive. Neighbouring housing is of a very high-quality and is indicative of the possibilities and return on investment for a developer or group housing company. Likewise, a farmer may wish to landbank and subdivide upon retirement, perhaps keeping a lifestyle block of choice.

LOT 2

39 Riddell Road is on the school bus route to Kerikeri schools. Offering rural living at 10.6 hectares, the property comes with a pleasant 201sqm, three bedroom home overlooking a pond. Of course the sales pitch here is the option to subdivide the land into approximately 28-30 lifestyle sections.

Sold plus GST (if any).

David Baguley

Bay of Islands

Licensed under the REA Act 2008

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39 Riddell Road, Kerikeri

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David Baguley

Bay of Islands

Licensed under the REA Act 2008

View profile