Jewel in the crown

  • Price by negotiation
  • Listed: Fri 16 Jun, 3:35 pm
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Listing #: 1350011627
Location: 30 Okaia Drive
Property use: Bare Land
Land area: 34.60 hectares
Price: Price by negotiatio­n
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One of the last remaining landholdings of this size (34ha more or less) within a prime lake-front location featuring uninterrupted views of the lake, Mount Ruapehu and Mount Tongariro, both mountains enjoying popular ski fields and abundant natural volcanic beauty. Calling all people looking to secure a slice of paradise as a trophy farm block or for a large scale future residential development. Situated just 20 kilometres from Taupo Central Business District on the shores of Lake Taupo, in the centre of New Zealand's North Island.

The settlement of Kinloch was first established by two families, the Gibbs and the Holyoakes (former Prime Minister Sir Keith Holyoake) who shared a common love for this area of the Western Bays.

Described as the jewel in the crown of Kinloch, the land sits within close proximity to the village on the western side, across the Department of Conservation reserve on an easy contoured plateau that reaches to the lake shore. The opportunity for subdivision is now a very real prospect with this holding offering a potentially lucrative investment to an astute developer.

With favourable residential zoning on 61% of the land, this site is ready for development, with the remaining land being zoned low density residential, suitable for a mix of both larger and smaller sites. Here you can easily see the potential for a 170 site subdivision, or more, with appropriate consents obtained.

This desirable block meets the Department of Conservation reserve that incorporates part of the ever popular New Zealand walk/cycle tracks.

An opportunity now exists as the owners have made the decision to sell by tender, so don't hesitate, contact me today for further details on this valuable block of pristine New Zealand.

*The property is currently 36.598 hectares. 2 Hectares (approx) located on the northern back boundary will be retained by the family hence remaining land offered for sale is 34.598...

Agency reference #: 2650423
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Price by negotiation
30 Okaia Drive, Kinloch, Taupo, Waikato

Agent's details

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Helen Webb
Westerman Realty Ltd
, Licensed Agent (REAA 2008)
(07) 3760099
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Expires: Thu 26 Oct, 11:00 am
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