Listed: Sat, 12 Apr

RETIREMENT VILLAGE DEVELOPMENT OPPORTUNITY

30 Kennedy Drive, Putaruru, South Waikato, Waikato

Price by negotiation

160776m² Land

Attribute	Value
Property type	Section
Agency reference	905992
Apply Online	http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149702319&sellerId=0

Barfoot & Thompson Commercial and Property Brokers are pleased to present this exciting retirement village opportunity to the market.

The property comprises 17.28 hectares of land situated in Putaruru adjacent to the golf course, with resource consents granted in March 2023 for a 210-unit retirement village to be marketed as Springwater Country Estate.

This is designed to be a high-quality comprehensive village with an option on adjacent land to provide for up to 500 units in total.

The development is planned in five stages with initial earthworks for 25 units in stage 1 underway.

The market research report rated this location 8/10 based on demographics, latent demand, and lack of competition.

Putaruru benefits from its central location in close proximity to Hamilton, Tauranga, and Rotorua.

Due to a change of circumstances the property is reluctantly offered for sale.

Take advantage of all the hard work done to date in this high-growth demand sector in an affordable North Island location.

KEY FEATURES:

17.28 hectares adjacent to golf course
Resource consent granted for 210-unit retirement village
Earthworks are underway
High-quality development – Springwater Country Estate
Take advantage of the hard work to date
High growth demand sector
Affordable central North Island location

For further information, please contact the listing agents John Stringer at j.stringer@barfoot.co.nz or on 021 758 078, and Alan Copeman at alan.copeman@pb.co.nz or on 021 874 222.

Open home times

No times scheduled

Property Files

Discover more about this property.

Request the files from John.

These property files are supplied by the agent and Trade Me Limited has no responsibility for the completeness or accuracy of the property files

Local Schools

IN ZONE putāruru college
Junction Street
2.4 km
Secondary (Year 7-13) (Intermediate & Secondary), State, 433 enrolled
UNZONED putāruru primary school
Kennedy Drive
229 m
Contributing (Primary), State, 208 enrolled
UNZONED st mary's catholic school (putāruru)
5 Mackenzie Street
1.5 km
Full Primary (Primary & Intermediate), State : Integrated, 174 enrolled

UNZONED te wharekura o te kaokaoroa o patetere
117 Buckland Street
1.9 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 317 enrolled
OUT OF ZONE lichfield school
779 Lichfield Road
5.9 km
Contributing (Primary), State, 87 enrolled
OUT OF ZONE tirau primary school
69 Main Road
9.7 km
Contributing (Primary), State, 128 enrolled
OUT OF ZONE te waotu school
1274 Waotu Road
12 km
Full Primary (Primary & Intermediate), State, 117 enrolled
UNZONED horahora school (cambridge)
1798 Maungatautari Road
16 km
Full Primary (Primary & Intermediate), State, 40 enrolled
UNZONED forest view high school
Baird Road
18.6 km
Secondary (Year 9-13) (Secondary), State, 422 enrolled
UNZONED pukeatua school
2110 Arapuni Road
19.3 km
Full Primary (Primary & Intermediate), State, 76 enrolled
UNZONED pa harakeke teen parent unit
Billah Street
19.8 km
Teen Parent Unit (Secondary), State
UNZONED tokoroa high school
Billah Street
19.8 km
Secondary (Year 9-13) (Secondary), State, 515 enrolled
UNZONED tkkm o te hiringa
12-24 Tainui Street
20.9 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 136 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.