Beachfront opportunity

  • Price by negotiation
  • Listed: Thu 12 Jan, 3:10 pm
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Listing #: 1344678562
Location: Lot 4 Beach Road
Hawke's Bay
Property use: Bare Land
Land area: 8.35 hectares
Rateable value (RV): $1,190,000
Price: Price by negotiatio­n
Property ID#: FIA263
Situated at Tangoio Beach, around 20 km North of Napier and only 15 min from Napier Airport. The property consists of 8.3527 ha, of mainly flat arable land and the remainder is beachfront including approximately 150 meters of coastline. Records show that the first fishing bach was built at Tangoio around 1932 and subsequently a further 21 were built. In 2006 the 13 front row baches were demolished leaving the remaining 9 baches on the property today, all tenanted and included in the sale.
In 2008 the Hastings District Council rezoned this land at Tangoio to allow for Coastal Residential Development. A Concept plan has been developed proposing 37 Coastal Residential sites and 1 Lifestyle site but no formal resource consent applications have as yet been lodged. Extensive engineering and design material is however available on request. This plan has been designed to replicate the small scale of the former holiday community and retain the casual fishing camp character and history of the area. The sale of this property allows the option of taking advantage of the rezoning and continuing with the plans for further development or simply enjoying the property as is with the land and baches providing some income.

Agency reference #: R17916
See sold records and estimated market values.
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Price by negotiation
Lot 4 Beach Road, Tangoio, Hastings, Hawke's Bay

Agent's details

John Simmons
  •  (06) 8735917
  •  (027) 2453317
Tremains Real Estate (2012) Ltd
, Licensed Agent (REAA 2008)
(0508) 8736246
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