Lot 4 Beach Road, TangoioBy negotiation
Situated at Tangoio Beach, around 20 km North of Napier and only 15 min from Napier Airport. The property consists of 8.3527 ha, of mainly flat arable land and the remainder is beachfront including approximately 150 meters of coastline. Records show that the first fishing bach was built at Tangoio around 1932 and subsequently a further 21 were built. In 2006 the 13 front row baches were demolished leaving the remaining 9 baches on the property today, all tenanted and included in the sale.
In 2008 the Hastings District Council rezoned this land at Tangoio to allow for Coastal Residential Development. A Concept plan has been developed proposing 37 Coastal Residential sites and 1 Lifestyle site but no formal resource consent applications have as yet been lodged. Extensive engineering and design material is however available on request. This plan has been designed to replicate the small scale of the former holiday community and retain the casual fishing camp character and history of the area. The sale of this property allows the option of taking advantage of the rezoning and continuing with the plans for further development or simply enjoying the property as is with the land and baches providing some income.
|Land Area||8.35 hectares (more or less)|