55 and 92 Racecourse Road, Whitianga, Thames-Coromandel

Urban-edge Whitianga development opportunity

•Positioned to benefit from Whitianga's population growth and tourism
•141.8564 ha (more or less) of flat usable land
•Ideal for forward-thinking investors looking for a prime development site
Commanding a substantial landholding fronting Racecourse Road, this strategically located site presents a rare opportunity to acquire scale, certainty and flexibility in an evolving growth environment. The property comprises a large, largely open greenfield holding bordered by established residential development, with expansive views across the surrounding countryside and toward the township beyond.
Held in trust, the vendor is seeking a clean, outright sale. The property will be sold as one complete holding, with no staged sell down, joint venture or deferred structure contemplated. This approach provides the incoming purchaser with full control to determine development timing, staging and end outcomes aligned with their own commercial objectives.
The site's size, configuration and frontage lend themselves to a range of future development or land banking strategies (subject to planning), while adjacency to housing and infrastructure supports long term demand fundamentals.
A straightforward acquisition for developers or investors seeking simplicity, scale and upside.