561 State Highway 29

$1,569,959
5
Bedrooms
2
Bathrooms
4 833
ft2
4
Ac

Description

An Urban 'Oasis' with Scope to Benefit from City

It is rare in a burgeoning city like Tauranga to find an undeveloped tract of land right in the middle of the urban sprawl.

For the past 25 years this property has held its ground while the city has edged closer from the Greerton and Tauriko (The Lakes) sides.

The 1.2504 hectares, zoned residential, includes a five-bedroom H...

An Urban 'Oasis' with Scope to Benefit from City

It is rare in a burgeoning city like Tauranga to find an undeveloped tract of land right in the middle of the urban sprawl.

For the past 25 years this property has held its ground while the city has edged closer from the Greerton and Tauriko (The Lakes) sides.

The 1.2504 hectares, zoned residential, includes a five-bedroom Hinuera stone home with very generous living spaces, five car garaging and a studio. It is in excellent condition with a spacious rimu kitchen and timeless features but ready for a facelift. Its setting is a peaceful parklike country garden accessed up a pin oak tree framed drive. Plus, beside the drive is approx. an acre of sloping paddock with access from The Lakes and there is more spare flat land below the house. This property provides a family oasis in the city with grazing, and/ or an opportunity to subdivide and create more sites to be soaked up by the insatiable demand for urban development land.

Future roading plans suggest the highway it fronts will, in the future, become a quiet inner-city road.

The property abuts 14.8040 hectares of land up the valley between existing densely urban areas, with two street entrances and earthwork in progress around and above a pond and wetland, sheds and apartment-style accommodation already in situ. This far-sighted development project may be available, offering the chance to subdivide a big block within the city. Boundary indicative only.


https://www.propertyfiles.co.nz/property/NTTG00574

Building Info

Property type
House

Location

561 State Highway 29 Greerton , Tauranga, BOP, Pyes Pa, Bay of Plenty, New Zealand

Contact Agent

Jeremy Pryor
Jeremy Pryor
Show phone number
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For sale by

Registered on JamesEdition
2019
Address
51 The Strand, Level 1, Tauranga, New Zealand
Listing Reference
RB26B4

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