BEACHFRONT - TOURISM DEVELOPMENT OPPORTUNITY

449, Matai Bay Road, Karikari Peninsula, Far North

$8,000,000

Proposed Usage
Development Site
Description:
Property ID
1c3h135

All the hard work has been done, civil works completed, infrastructure in place, extensive landscaping undertaken, separate Titles issued.

This spectacular beachfront property, over 28ha in total, is now ready to further develop whether that be a tourist resort, luxury villa accommodation, global company retreat, or even a multi-dwelling gated community.

Everything the owner has done here has enhanced this spectacular property and only due to a change in circumstances has this rare opportunity presented itself for an experienced developer to take it to the next level and unlock the underlying value.

The property now consists of 8 titles; 7 titles are 5000m² to 8000m² individual lots that each have a 1/7th share in the balance of 24ha which is subject to a QEII Covenant protecting and enhancing the very extensive landscaping developed over the last 10 years. This place is beautiful now and can only get better.

All of this and we haven't even talked about Karikari Beach, one of the most spectacular beaches in the country, if not the world, with its turquoise waters and white silica sand evoking images of those tropical getaways we usually only get to see very occasionally in our lifetime. No Riviera crowds here, Europeans and North Americans don't believe there are places that still exist in the world where you could almost have a spectacular beach to yourself.

Eco tourism is on the up, experiential tourism is on the up, tourism in general is on the up, and beautiful beach tourism will always be on the top ten holiday wish list, so if you have the vision, resources and ability to further develop this prime property, please start your due diligence now and email for an information pack.

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Karikari Peninsula Area