Kerikeri - Residential Development in the Heart of Kerikeri

Description

An exceptional opportunity awaits at 31 Hobson Avenue, Kerikeri, also known as Theatre Lane, located directly behind Cathay Cinema. This 3,055m² freehold property is commercially zoned, offering multiple development possibilities.
Currently, the site features a tenanted residential home on a short-term lease, providing holding rental income while you plan your development. With commercial zoning, your business could operate from this prime location, or you could take advantage of the resource consent already granted for 10 residential sections, ranging from 172m² to 282m². The property has 223 consents issued with no development levies required, making this an attractive investment.
Bordered by council stormwater and wastewater services, the infrastructure is already in place, streamlining the development process. This property sits in a prime locationa short stroll from Kerikeri Road and a 10-minute drive to the Waipapa Industrial Hubmaking it highly appealing for both residents and commercial tenants who value easy access to amenities.
Offering excellent value for this rare opportunity to secure one of the last development sites in the heart of Kerikeri.
Dont miss out on this prime development opportunity!
Key Features:

• 223 Resource Consent for 10 residential sections
• Zoned for commercial use, offering flexibility for either commercial or residential development
• 3,055m² Freehold section
• Price includes GST
• Council stormwater and wastewater services on-site
• Prime location for a new central Kerikeri development
• Tenanted residential house on a short-term contract providing holding rental income
• No development levies required

Price includes GST