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Back 113 Main North Road
Off Market

113 Main North Road

Otorohanga Waikato

9
3
2
5915 m²
Rural
Last sold for $1,400,000
Matt ScobleMatt Scoble, last sold this property on 22 October 2025 after 29 days on market.

Overview

Prime development opportunity – Otorohanga

Rarely do properties of this size and scope come to market in Otorohanga. 113 Main North Road offers 5,915sqm (more or less) of prime freehold land with multiple income streams and future potential that is hard to match. Currently, the property features three dwellings — all tenanted and returning strong rental income. This provides buyers with holding income from day one, giving you the freedom to develop immediately, landbank for the future, or simply invest while you plan your next move. Onsite dwellings include: • 4-bedroom home with 1 bathroom • 3-bedroom home plus office with 1 bathroom • 2-bedroom home with 1 bathroom Development potential is significant. Previous concept plans have already been drafted for approximately nine sections, highlighting the possibilities this land presents. Dual access — with main road frontage at the front and a cul-de-sac connection at the side — makes subdivision practical and appealing, further enhancing the value for developers. Situated in a well-connected location, close to Otorohanga township amenities, schools, and transport links, the site is perfectly positioned to meet the ongoing demand for quality housing in the district. Key highlights: •5,915sqm (more or less) freehold site •Three tenanted dwellings providing strong returns •Drafted plans for approx. nine sections •Dual access: main road frontage and cul-de-sac link •Rare large-scale opportunity in Otorohanga •Multiple strategies: develop, invest, or landbank Opportunities of this size and flexibility are increasingly hard to find. Whether you’re a seasoned developer, an investor looking for strong returns, or a landbanker seeking long-term security, 113 Main North Road is a property that demands serious consideration. Contact Matt Scoble at Bayleys Waikato today for more information or to arrange a viewing 027 299 2883.

Features

9 bedrooms
3 bathrooms
2 carspaces
2 carport spaces
5915 m² lot size
Rural

Estimated Value

We need at least 3 similar 9 bedroom rurals sold in Otorohanga over the last 12 months.

Property history for 113 Main North Road

2025
Sold
$1,400,000
22 Oct 2025 by Matt Scoble, of Bayleys Hamilton

Happy sellers in Otorohanga

74%
74% of sellers in Otorohanga reported that their sale price either exceeded or met their price expectations.

Otorohanga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 26 reviews in Otorohanga over the last 12 months.

Local market activity for 9 bedroom rurals in Otorohanga

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