New Accommodation Opportunity - Whangarei

158 Bank Street, Regent

By Negotiation

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New Accommodation Opportunity - Whangarei | 158 Bank Street, Regent | 1051814 |      X Close

New Accommodation Opportunity - Whangarei

This 599sqm (more or less) freehold, vacant site, stands on prestigious Bank Street, in the suburb known as the Regent, Whangarei.

The section of Bank Street that connects the Regent to the CBD Whanagarei, is a main arterial road and carries a high volume of traffic on a direct route in and out of the North side of the CBD.

The neighbourhood has a wide mix of high value land use, ranging from medical/professional, education and childcare, through to major national brand fast food outlets and high end supermarkets.

Recent proposed Council changes to zoning and Land Use rules, now signal potential new opportunities. Of particular relevance to this site, is the proposed introduction of a 'mixed use' zone, which will incentivise owners and developers to maximise new living or accommodation opportunities on the CBD fringe.

Council projections show that the City's population growth is tracking ahead of projection and tourism promoters are upbeat about Whangarei's emergence as a destination stop-over.

Investors or developers with an eye to new opportunities would be well advised to investigate all options this site offers.

For Sale by Deadline Private Treaty

2:00pm, Friday, 6th March 2020

84 Walton Street, Whanagarei

158 Bank Street, Regent

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