Ready now! Consented development site
1381, State Highway 10, Kerikeri, Far North
- Proposed Usage
- Development Site
- Land Area
- 42115.00 m²
- Property ID
A unique opportunity to secure a significant development site in a prime location in go-ahead Kerikeri.
Situated on busy State Highway 10, one of the major arterial roads into Kerikeri, the property is within minutes of the town centre and the growing residential suburbs.
This is the perfect location for a hotel and conference centre, benefiting from the airport, wineries, chocolate cafe and farmers market, being within close proximity.
Resource consent is in place for a service station, tourism centre and 30 room hotel complex, plus other amenities.
The holding income is $95,552pa + GST, from current commercial and residential tenants. First state of construction could be completed, while enjoying existing rental income from the current tenants.
Expressions of interest and enquiries are welcome from tenants, investors and developers.
An Information Memorandum is available on request.