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Waipukurau 106 Racecourse Road, Waipukurau

ID WL180145
By Negotiation

100 + residential section potential development

With very few residential sections on the market in Waipukurau at present, buyers crying out for quality land and tradies at the ready - there's no denying the shortage of sections within the township is almost hitting crisis point! Central Hawke's Bay's population has grown at unprecedented levels in recent years and like many places, Waipukurau too is experiencing a high demand for housing, further exasperated by the limited availability of land on which to develop. Therefore, this 9.406 hectare (23.243 acre) residentially zoned parcel bounding the Waipukurau Racecourse to the south, "already comprises a large part of Council's residential growth strategy for Central Hawke's Bay" and is no doubt a super attractive opportunity for a seasoned developer. The vendor has undertaken some due diligence with initial concept plans showing that "more than 100 residential units is achievable for this site spatially in accordance with the Central Hawkes Bay operative and proposed District Planning controls". All of the vendors research including proposed scheme plan and development assessments are available for interested parties. Waipukurau is the largest town in Central Hawke's Bay, situated 50km south of Hastings City with proven popularity across the ages to call home. It's well equipped with excellent everyday essential services including several early childhood education centres, three primary schools, high school, medical centre, two rest homes and two nationally branded supermarkets along with a bustling CDB of boutique shopping, numerous bakeries and cafes, thriving businesses and industries. It boosts excellent community and recreational facilities including an indoor pool/ stadium/multi sports complex, lovely parks, reserves, cycling and walking trails, popular mountain bike park while being easy day tripping of the Ruahine Ranges to the west and a beautiful coastline to the east. Think big picture for big future gains!
Features
Land | 9.41 hectares(23.25 Acres)Rates | $6,654.43Regional rates | $841.33LV | $1,220,000RV | $1,510,000
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M  027 447 0612  P  06 928 0521

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