Beachfront


44 Waitangi Street, Tokomaru Bay

Asking Price NZD $599,000

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Beachfront | 44 Waitangi Street, Tokomaru Bay | 2752278 |      X Close
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Beachfront


Just one hour north of Gisborne to this beautiful coastal township and right by the beach are five, beckoning, vacant sections.

With more than 5,000sqm of recently Geoteched opportunity and at just a fraction of Freehold Title value, 44 Waitangi Street is the blank canvas for your dream Coast lifestyle, where the legendary hunting and fishing throughout this region are waiting, just for you.

The sections stand ready as a fabulous lifestyle block or maybe a holiday campsite for family or syndicate of friends. The combination of the Perpetual Lease, with its security of tenure and the Rural Commercial zoning provide a wide variety of untapped options, ranging from a single home right through to a possible multi-unit housing complex or tourist development, all with the bush clad Toko hills as a backdrop and the beautiful Tokomaru Bay right out in front.

Just consider what a landholding of this size would sell for on today's open market, then ask the question - "Why is the sale price so low?".

44 Waitangi Street is held in Perpetual Lease and the Assignment of that Lease in Perpetuity to a new occupier is for sale.

With beachfront sale prices skyrocketing, Perpetual Leases are being openly discussed.

Greg Robertson

Gisborne

Licensed under the REA Act 2008

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44 Waitangi Street, Tokomaru Bay

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Greg Robertson

Gisborne

Licensed under the REA Act 2008

View profile