Southland Express Property Press Liftout

Unique beachfront development opportunity

Porpoise Bay, 534 Waikawa Curio Bay Road, Catlins, Southland

Price by negotiation Listing#: 439847 Land: 54494.00 m2

Purchase a slice of New Zealand's finest coastal real estate and unlock the potential of this relatively undiscovered area. Facing directly onto the stunning surfing and swimming beach of Porpoise Bay and neighbouring the iconic fossilised forest of Curio Bay, this 5.44ha site is the Catlins at its finest. Just off the Southern Scenic Route, the site has full resource consent in place for subdivision into 16 generous lots, plus an additional 2.61ha of reserve land. Resource consent for the land includes a 2226sqm lot designated for restaurant/cafe premises plus four lots approved for visitor accommodation. The current owner has done all the hard work - finish off the infrastructure and bring the beachfront lots to the market or hold onto this special site as a landbank. Porpoise Bay sees over 100,000 visitors each year and is ripe for investment to show its real potential as a holiday destination. Just an hour's drive from Invercargill or approx. 2.5 hours from Dunedin, as a holiday getaway the position is unrivalled. Water-based activities, walks, bike rides, natural attractions and rare wildlife mean visitor accommodation in the area is often booked out. Consider the options for new tourism ventures in this unique position. Infrastructure improvements by community groups and government including installation of a new waste treatment plant plus new visitor centre and improved roading are adding value to the area. • 5.44ha beachfront landholding with 16 lot consented subdivision onsite including provision for visitor accommodation and restaurant • Current vendor is selling as a whole package, allowing new owners to see the project to completion • Resource consent and land use consents have unlimited timeframe • Price is plus GST (if any) Boundary indicative only. Agency Reference : 26809

Property type: residential land
Listed on: 16 May 2017 01:13 a.m.
View all listings in Southland
Agency details
Hoamz Southland

© 2015 hoamz. All rights reserved. hoamz ltd, licensed real estate agent (REAA 2008)

Hoamz Southland
99 Spey Street, Invercargill, New Zealand

Agents
Myles Green

Myles Green
invercargill@hoamz.co.nz
027 277 6656
027 277 6656

Margot Berney

Margot Berney
balclutha@hoamz.co.nz
027 266 3094
027 266 3094

Contact the agency

or

(Captcha Image)