A substantial landholding on the southern edge of Te Awamutu township, this 8.86 hectare (more or less) property presents a strategic opportunity for developers, investors and land bankers looking to secure a significant parcel within the town's planned growth area.
Zoned Medium Density Residential and within Waipa District Council's T8 Growth Cell, the property sits within an area earmarked for residential expansion, with development already well underway around it. A modern subdivision and retirement village sit on its north-eastern boundary.
The land itself is well suited to future development, with mostly gentle contour providing a practical platform for longer-term planning and development.
A solid four-bedroom home is positioned on a slightly elevated corner of the property, providing comfortable accommodation for an owner or tenant. Additional improvements include an aircraft hangar or implement shed.
For developers and land bankers, the scale, zoning and position within the T8 Growth Cell make this a holding worthy of serious consideration. It provides the opportunity to secure a large parcel adjacent to established development, with the potential to benefit from the continued expansion of Te Awamutu.
For those looking beyond development, the property also makes an excellent large-scale lifestyle holding. The existing modern home provides a comfortable base close to town, while 8.86 hectares gives you genuine scope for grazing, cropping, horticulture or leasing the land to generate an income whilst you hold.
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