Residential Development Opportunity


228 Ngati Maru Highway, Thames

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Residential Development Opportunity | 228 Ngati Maru Highway, Thames | 2312715 |      X Close
Description

Residential Development Opportunity


Here is an exciting opportunity to invest in 5.9977 hectares (more or less) of residentially zoned land with captivating views over the Firth of Thames and a striking rural vista up Totara Valley towards the beautiful Kauaeranga Valley.

This fully serviced property is located less than five kilometres from the centre of Thames, the gateway to the popular Coromandel. The flat to elevated land is north facing with frontage to both SH25 and Totara Valley Road. Being zoned residential, the site has potential for a premium subdivision. A draft scheme plan has already been prepared showing potential for up to 53 lots. Bare land this close to Thames is rare, with the Totara Palms subdivision only 200 meters from the gate being all but sold out.

The elegant brick homestead, spanning a total of 280sqm (more or less) is set in spacious parklike surrounds with mature trees and gardens. Built in the early 80s, she has remained largely the same since. This gives the opportunity to renovate, redecorate and create your own interior styling. With a total of five bedrooms, three bathrooms and three living areas, this spacious dwelling has enough room for the whole family.

The land is currently fenced into fourteen paddocks, four dedicated to horses with equine fencing. The 1/2 round barn is equipped with stables, a tack room, mezzanine floor, power and water. Adjacent to the barn are the stock yards with loading ramp.

Seldom do properties of this scale and potential come to the market, lifestyle farmers, land bankers and developers, here is your chance to secure a once-in-a-lifetime opportunity that might just be too good to be true!

Don't delay, call today for more information and viewing options.

Seth Roe

Hamilton

Licensed under the REA Act 2008

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Karl Davis

Hamilton

Licensed under the REA Act 2008

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228 Ngati Maru Highway, Thames

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Seth Roe

Hamilton

Licensed under the REA Act 2008

View profile

Karl Davis

Hamilton

Licensed under the REA Act 2008

View profile