45 - 55 Marina Drive, Waikawa

Positioned above the renowned Waikawa Marina and moments from Picton, this rare and substantial landholding offers a unique opportunity to secure one of the last significant undeveloped blocks in this coveted location. With sweeping views across Waikawa Bay and out through the Marlborough Sounds, these two adjoining titles present enormous potential for future development, land banking, or the creation of an exceptional private estate. Lot 18 DP 1086 offers 4.1943 hectares (more or less) of undeveloped land, rising to elevated vantage points that showcase panoramic outlooks over the marina and beyond into the Sounds. Lot 19 DP 1086 spans 3.8713 hectares (more or less) and includes two existing cottages, along with established private road access and services to the dwellings. Importantly, Lot 19 also holds a record of Marlborough District Council subdivision consent (2001) for five residential lots. While titles were never issued and the consent has since lapsed, it provides a strong indication of the site’s development viability and future potential. Together, the two titles deliver approximately 8 hectares of prime land, blending privacy, elevation, and accessibility within minutes of Picton township and the Interislander ferry terminal. This site will appeal to astute developers seeking an exclusive project in one of the region’s most desirable coastal settings, or to discerning buyers wishing to secure a large-scale Marlborough Sounds property within close reach of local amenities. These properties are offered for sale together or individually. Property boundary lines are indicative only for illustration purposes. For further information or to arrange a private viewing, please contact Hannah Burns. Deadline Sale: 12:00 p.m. Tuesday 16 December 2025 (unless sold prior) To download the property file, copy and paste the following link: https://propertyfiles.co.nz/property/CHR10313...