Tairua SH25 Road, Tairua, Waikato

This iconic property is a substantial 46 ha Rural Residential zoned land parcel, offering a mix of gentle rolling grazing land and steeper sideling’s. Positioned 2.6km south of Tairua, with a scenic outlook over Tairua Harbour, the township, Pauanui, and beyond to the Aldermans and the Pacific Ocean, it's an ideal holiday and lifestyle location on the eastern side of the Coromandel Peninsula where these land parcels for development are increasingly rare.  The infrastructure includes a 1970s dwelling with a 2000s extension, providing a 227m2 single-level residence with four bedrooms and two bathrooms. Additional improvements consist of a one-bedroom unit, a 255m2 half-round barn with an attached lean-to storage room and two half-round implement sheds. The property is currently used for smaller scale dairy support and grazing, forming part of a larger farming operation.
 
Notably, a Resource Consent has been sought for a seven-lot rural residential subdivision, with one remaining balance lot of 36.6ha. Approval of the application is anticipated in the first half of 2024. Given the zoning, the 'Highest and Best Use' as a land bank opportunity for Rural Residential subdivision is clear and imminent . This presents a promising development opportunity in the sought-after Tairua locality of the Coromandel Peninsula, offering an elevated position with an easterly aspect over Tairua Harbour and beyond to the Pacific Ocean. With the nearby Pepe Ridge development experiencing a good sell down this parcel is essentially the last elevated ground with scale left for development in the area.
 
The vendor is open to all options and would consider combinations of ownership models and or Joint Ventures . Enquire today by calling the exclusive agent Conrad Headland Colliers Rural BOP 0800CONRAD.