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A893 Kerikeri Inlet Road, Kerikeri
$1,060,000 listed in Aug 2016
Lifestyle Section:
Land size: 131,500 sqm [Measure]
Agent: Mackys Real Estate Ltd Bayleys, Kerikeri

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Property Description:
Known as Stonegate due to the natural volcanic stone and features, this well advanced project is approximately 15 minutes from Kerikeri Town Centre.

The expired resource consent was to subdivide into 16 lots for housing (expired in 2014). Property developers looking for their next project will be well ahead of the game, with all the information from the previous resource consent made available to them.

This includes engineering, geotechnical, storm water and waste water reports as well as roading plans. The Northland Regional Council consent for waste water discharge is still current, expiring in 2019. Vertical storm water drains have already been installed at each house site as has five vertical drains into the planned centralised effluent system. This in itself is a considerable cost saving for whoever takes on this project.

The beautiful volcanic landscape lends itself to the original development plan and a quality housing development, subject to the resource consent being reinstated. It has wonderful rural and inlet views (from some sites). The surge in price and demand for sections in Kerikeri will make this a compelling development prospect.

This potential development may also fit the criteria for those looking for an investment visa into New Zealand.
Nearby Schools:
NameTypeDecileDistance
Kerikeri High SchoolSecondary76.4 km
Te Tii SchoolPrimary38.8 km
Motatau SchoolPrimary27.7 km
Paihia SchoolPrimary49.9 km
Springbank SchoolCombined810.5 km
>>More schools

The property data is from the public websites.

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