For Sale

65 North Road,
Kaitaia, Far North District

7,449m² land size
670m² building size
Investment Flats

$3,100,000 plus GST (if any)


Property details

Chattels

  • Floor Covers
  • Curtains
  • Drapes

Prime Residential Development Opportunity

An outstanding opportunity to secure a high-profile, main road property in Kaitaia. This property (formerly a motel) has undergone extensive refurbishment and is now offered as an unfinished development ready for completion.

Development Overview:

• 15 self-contained units
• 1 x 2 bedroom unit with double garage (largest unit)
• 6 x Two-bedroom units - 2 with single lock-up garages
• 7 x One bedroom units - 4 with single lock up garages
• Allocated on-site parking spaces for all remaining units
• All units have private patios, new roof and rear gardens
• Significant refurbishment works completed to Council
• Established services and infrastructure in place
• Prominent North Road frontage with excellent visibility
• Easy access to town centre and local amenities
• Land area 7449 square metres (more or less)

With much of the groundwork already done, this property presents a compelling value-add opportunity for developers, investors, or housing providers. Potential uses (subject to council approval) include:

• Long-term residential acommodation
• Worker or contractor housing
• Supported or transitional housing
• Further unit development on residual land
• Rental estimate for units available on request.

Demand for quality accommodation in the Far North continues to grow, making this a strategic project with strong upside potential.
Complete the development and capitalise on this prime Kaitaia opportunity.
Contact us today for further details or to arrange a viewing.

Inspections


Explore the area


School catchments

  • Kaitaia Intermediate Intermediate Years 7-8 State 0.21km
  • Pompallier Catholic School Full primary Years 1-8 State integrated 1.4km
  • TKKM o Tūtūtarakihi Full primary Years 1-8 State 1.7km
  • Kaitaia School Primary Years 1-6 State 1.9km
  • TKKM o Pukemiro Composite Years 1-15 State 2.3km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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