This highly desirable 1870 sq m (approx.) sunny, northerly facing, prime piece of real estate in the main street of Whitianga presents multiple options to the savvy investor/developer.
The waterfront zoning allows and encourages a wide range of opportunities, including commercial, residential, service, entertainment, or a mixture of these activities. The site can also be broken down to 200 sq m sites so could potentially support up to 9 townhouses (subject to council approval).
Whitianga is the main settlement of the Mercury Bay on the Coromandel Peninsula. An attractive thriving coastal town with 4,000 permanent residents, Whitianga is evolving into a delightful place to visit and fast becoming one New Zealand's most popular North Island summer holiday destinations, with pristine beaches, fishing and water sports on offer and an international Golf Course.
The township offers an excellent selection of fine restaurants and cafes, and a thriving retail community provides an interesting collection of outlets, and within a short drive there are plenty of stunning beaches, scenic walks and beautiful sights waiting for you.
Vendors are highly motivated and will consider offers around the rateable value - NZD $1,550,000