123 Cable Bay Block Road, Cable Bay, Far North

Short Notice Deadline Sale: Coastal Development

- Finance Company needs to offload. They have chosen a deadline sale to get all offers in. The closest offer to $200,000 likely to be accepted. Offers due by 4pm the 4th of October.\n- The section has stunning views overlooking Doubtless Bay. Minutes from the beaches of Coopers Beach and Cable Bay.\n- 2.7ha of rural production and residential land.\n- Previous consent to develop into seven sections (stage one). Buy now with an eye to developing in the future.\n- Small sections of around 800sqm selling between $100,000 and $150,000 in the area demonstrate the value.\n- The site according to the council maps has town sewage and wastewater access, there is a line at Eagles way. The area does not have access to town water, water normally provide by roof systems in the area.\n- Buy and develop or build a home with some privacy on the relatively large sized lot - few lots left of this size.\n- Our other mortgagee property in the area has sold, this will be next.\n- CV $475,000. Recent independent valuation at $475,000.\n\nAll parties are invited to submit their best offer by the deadline. Offers with settlement before 31 October are likely to be viewed more favourably.\n\nThis property would make a good development project, alternatively you could just build a dream home on the property with sweeping views of Doubtless Bay.\n\nCall or e-mail for more information including recent sales in the area, title, council septic plan and previous consent notices.\n\nDeadline sale closes: 4pm, Friday 4 October 2013. Bayleys, 41 Kerikeri Road, Kerikeri.\n