Kaiti
601 Wainui Road, Kaiti, Gisborne
For Sale by Negotiation
17.7 ha of future residential development
This elevated and centrally located opportunity boasts circa 650 metres of road frontage to State Highway 35 and the new cycle/walkway connecting the CBD, Wainui Beach and coastal suburbs. The site is currently in two zones, with the majority of the area being General Residential and the balance in Rural Residential, permitting a range of residential and retirement development options. After years of earthworks, geotechnical testing and recording, the site is now positioned as the next logical development to cater for the regions expanding population, or to land bank and watch as the city continues to sprawl outward, making sites like this increasingly valuable. Very rarely do opportunities like this come to the market. Call today for a copy of the Information Memorandum and access to the comprehensive geotechnical reports for this property.
(Boundary lines are indicative only)
Tenders close: 4pm, Wed 17 Aug 2022 (unless sold prior)
10 Reads Quay, Gisborne
Mike Florance
Bousfield Macpherson Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location:
Circa 2kms from the Gisborne CBD
Rare:
Centrally located large scale development opportunity to service surrounding growth
Zoning:
Predominantly general residential being conducive to an array of housing typologies
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