-Prominent strategic site in seaside township

-Residential subdivision potential

-Create a dynamic mixed-use development project

Presenting an extraordinary opportunity being 4,082sqm site (more or less) in the heart of Urenui Village. This property is more than just a landbank; it holds immense potential for a mixed-use development that can redefine the landscape of this vibrant seaside community.

Situated in the local centre zone, the existing bar/restaurant and accommodation is on a generous floor area of 680sqm (more or less). This property's land area and zoning open up a plethora of possibilities, from a retail hub to medium density residential or a combination of both. Benefit from the dual corner site, attracting a high volume of traffic from State Highway 3. The property's strategic location is ideal for businesses seeking visibility and accessibility with multiple vehicle crossings as a real plus.

Within a 500m walk, you'll find the picturesque river reserve, adding an abundance of natural scenery with immediate access to everyday amenities nearby. Moreover, this property comes with an iconic business available as a freehold going concern, adding even more value to the package. The holding income and category B seismic rating ensure a solid foundation for any development you choose. 28km approximately to New Plymouth's CBD, this property offers excellent connectivity via SH3.

Don't miss out on this unprecedented opportunity to shape the future of this community. Contact Bayleys Taranaki today and secure your stake in this prime freehold site.

Property Details

Land area 4,082sqm (more or less)

Zoning NPDC local centre

Tenancy Details

Holding income from accommodation units

For sale by Deadline Private Treaty (unless sold prior). 1pm, Thursday 21st September 2023. 15 Courtenay Street, CBD, New Plymouth.