MORTGAGEE SALE

Mortgagee Tender - 1177C & 1195 East Coast Road, Whakatiwai 98.5177ha Coastal Subdivision Opportunity!

Situated on the stunning Firth of Thames, this 98-hectare coastal property in three titles presents a potential rare development opportunity. A Resource Consent application has been submitted for a 17-hectare subdivision, offering 30 residential sections ranging from 2,500 sqm to 6,026 sqm. The subdivision promises sweeping sea views over the Firth of Thames, with easy access to the Kaiaua township and boat ramp just minutes away. The remaining 82 hectares includes productive grazing land, complete with an airstrip, hangar for your aircraft, and storage sheds. There is also an 86m², two-bedroom bungalow, located on a 2,069m² section with road frontage providing direct access to the proposed subdivision at the rear.

This is an exceptional opportunity, both in terms of its prime location and its expansive size and potential. Explore the development opportunities yourself, tender for one or all three titles.