|Lot Size||1 hectares|
Garden View, Pastoral View, Pasture View, Trees, View.
Here is a property with significant intrinsic value. Whether you are a developer looking to maximize the potential of this central Kerikeri land parcel or a family looking to be close to schools, shops and facilities without sacrificing the ability to live on a lifestyle property, this could be for you. Either way, this almost two-hectare site within Kerikeri township has to be a rare offering. For the developer, subdivision opportunities are exceptional as the property is in the residential zone and in the proposed area of benefit for the new sewerage system, so has potential for multiple sites. Other options could be townhouses or retirement living developments, subject to council consents as always. The existing homestead is of sufficient size to house a large family, with its own formal living and music room, dining room, library and a kitchen/dining room. The four bedrooms and two bathrooms are located in a separate wing and there is another area currently in use as a professional office suite for working from home. The option could exist to remove the main part of the dwelling to a new title, renovate and sell it off to reduce your initial outlay. The opportunity to reclaim the GST as part of the secondhand goods provision of the GST Act could create additional cash flow in the short term. Either way, the property provides an excellent investment base whether you are looking to maximize the outcome in the short term or over many years. One thing for sure is that a land parcel of this size coming on the market in the Kerikeri township is unlikely to be a regular occurrence. • Significant residentially zoned development opportunity • Generous four-bedroom family home on approximately 1.99 hectares • Walking distance to Kerikeri town centre, cafes and shops • Lifestyle opportunity in Kerikeri, large enough for a few animals • To be sold inclusive of GST