77 Maioro Road, Otaua, Waiuku, Franklin

Subdivide or redevelop - pocket project - SOLD

SOLD by Tender - This property is now under contract and no longer available

This is an excellent opportunity for you to invest in a 1.1933ha property with resource consent granted for a nine lot residential subdivision. The property was built as a Dominion Breweries tavern in the 1970's and features the original tavern building, a sizeable sealed parking area and a three bedroom managers dwelling. There is scope to restore & repurpose the existing infrastructure under the 'Village business zone' or subdivide into the approved 9 residential lots. The property is located on the fringe of Otaua, 6km from Waiuku, South Auckland and minutes north of the Waikato River.

The land is rolling to level contour and features; the original tavern which is a single level 478sqm building (approx.) and infrastructure with a 2,200sqm+ sealed carpark and a three bedroom house (approx 96sqm) built for the tavern manager. The balance of land is in grass/pasture.

Originally under the jurisdiction of Auckland Regional Council (Franklin District), Otaua was transferred into the Waikato District Council (WDC) after the formation of the Auckland super city in 2010.

The Resource consent for subdivision was granted by the WDC in mid 2018 and is for 9 residential lots ranging from 1,090sqm to 1,590sqm which would require the removal of the existing tavern & infrastructure as set in out in the consent.

The managers dwelling is a 96sqm Spaceline Home built in 1974. Layout includes; kitchen, dining, and a living area that open out to a deck with a bathroom, toilet and three bedrooms.

Otaua country school is a short walk from the proposed subdivision and supermarket and shops and college are located in nearby Waiuku.

The property is available to view strictly by appointment only as there is an existing tenant. Copies of consents and scheme plans available on enquiry. To view the property or find out more about how the tender process works feel free to call Ben or Shona. (will not be sold prior)