Family Estate Settlement

40 Hectares of freehold beef grazing land in McLeod Bay on Whangarei Harbour.

One of the last larger blocks of bare land in McLeod Bay to become available for purchase. Featuring a large selection of elevated building sites with spectacular views over and up to the Whangarei Harbour, the property has several natural fresh water springs and streamways. There are several stands of native bush which includes Kauri, Puriri, Totara and Pohutukawa and others which may be utilised as covenanted reserves if so desired.

Located immediately behind the residential settlement area of McLeod Bay and under the crown owned Mt Manaia range providing a spectacular setting for residential living or a larger lifestyle farm-park development with views up the Whangarei Harbour and surrounding countryside.

The property may also hold appeal as a landbanking investment to beheld in trust for future generations to exploit, or perhaps as a private estate and farm park. There are three entrances to the property which consists of three separate zones:
Living 1 - adjoining Whangarei Heads Road
Living 3 - lower to mid slopes
Coastal Countryside - upper slopes
The Living 3 zoned land is approximately 18 hectares. Coastal Countryside land is approximately 22 hectares. The balance of the land is zoned Living 1 however is made up mainly of the three entranceways and may be of little use. CV $1,791,000 (as at Sept 2012).

Interested parties are advised to obtain subdivision and development regulations from the appropriate authorities and research the criteria required.

The property is now offered for sale as a family estate settlement by long time family owners to be sold by Tender.

Viewing strictly by appointment only.

Tender closes 2pm, Monday 2nd March 2015 (unless sold prior),
Bayleys office
84 Walton Street
Whangarei