Unique opportunity with fantastic potential


40 Waitangi Street, Tokomaru Bay

By Negotiation

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Unique opportunity with fantastic potential | 40 Waitangi Street, Tokomaru Bay | 2752038 |      X Close
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Unique opportunity with fantastic potential


The jewel of Tokomaru Bay is for sale after 55 years of family ownership. This stunning property has a total of 6 Titles, all with access to the sandy beach just metres away and with the views over the bay, it is absolutely prime for either lifestyle linked with investment, residential or commercial development.

The secret of Tokomaru Bay is out with beachfront property near impossible to find, as people become aware of the inherent beauty, warm community and laid back way of life.

Perfectly positioned in the heart of Tokomaru Bay, these properties deserve careful consideration as they can be enjoyed as in past years or take advantage of the wide range of future opportunity as our East Coast blossoms.

The 2 parcels coming up for offer are 42 and 44 Waitangi Street Tokomaru Bay.

Tender option 1:

This parcel contains 5 historic sections totaling 5,055sqm of vacant land, and is truly a special offering. The zoning provides possibilities to erect 2 residential dwellings on each section or allows for commercial activity, creating fantastic possibilities or a lifestyle investment, syndication of friends, beachfront housing, development or tourism.

Tender option 2:

Section 8 sits on its own 1,012sqm Title, providing two standalone low maintenance motel units. With their constant demand as rental units they offer a wide range of opportunities - investment option, beach front holiday base for a family or a syndicate of friends, contractors base.

Both parcels are held under a rock solid perpetual lease in perpetuity structure.

This structure is managed by the Trustee, giving similar security and similar ownership rights of freehold land.

Call Greg to discuss the opportunities and benefits that the Leases in Perpetuity present.

40 Waitangi Street, Tokomaru Bay

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