Slightly inland from Doubtless Bay and boasting an elevated position above the picturesque Taipa River. This exceptional 5-acre block offers a 2-bed cottage, sheds and an incredible opportunity for subdivision.
With a Resource Consent already in place to create 3 Lifestyle Lots, this property is an opportunity waiting to be explored - Rent, Build, Land bank it's up to you!
The $1,249,000 purchase price will comprise 2 portions.
Portion 1 = $795,000 paid on settlement
Portion 2 = balancing figure of $454,000 retained in a Trust account and released to Vendor upon completion of Stage1 which is expected to take 6-12 mths
As the vendor will be putting in all the infrastructure (roading, drainage and power to lots incl 5&7) there will be little more than paperwork to uplift these 3 titles once stage 1 is complete.
The proposed Lots:
Lot 5 at 5,000sqm. Excellent views of the Taipa River with a small dam at the northern end of the Lot.
Lot 6 at 6,550sqm with a 2-bedroom cottage along with double lock up garage. Of Healthy Homes standard & recently rented at $430 per week the cottage offers a north-facing aspect with open-plan kitchen, dining and lounge area that leads out to covered deck area. Enjoy all day sun-shine, spectacular sunsets and uninterrupted wide views.
Lot 7 at 9,610sqm. Indulge in the splendor of the breath-taking views looking out over beautiful Doubtless Bay and Taipa River. This is where you can bring your dream home to life. With its elevated location above the Taipa River, you'll relish the coastal and river views as well as the picturesque views of the countryside up the Oruru Valley.
This property is being sold as Stage 2 of a larger subdivision project, with 7 additional titles to be created in Stage 1.
Minutes away from Taipa Village and the stunning beaches of Doubtless Bay, hotels, schools, sports clubs, and a multitude of shops. If you're a boatie you'll appreciate the convenience of a nearby boat ramp. Contact Sean on 0272 188 188 to view.
