Take in the beauty of Mangonui Harbour with this exceptional property, offering a dwelling and a generous 5,329sqm of prime land overlooking the mesmerizing waters.

With almost 1.5 acres of opportunity, this is an offering you simply can't miss, whether you're an investor, developer, or a dream home seeker!

Nestled in the historic village of Mangonui, this property offers the perfect blend of tranquility and convenience. A delightful 3min walk will lead you to the vibrant retail amenities of the village, where you can indulge in local shops, cafes and the unique charm of this coastal community.

The Dwelling: 3 Bed Villa estimated at over 100 yrs old is in need of serious refurbishment. This is NOT in the Mangonui Heritage Zone. The dwelling presents an opportunity to restore a piece of history or explore various options for renovation or redevelopment.

Zoning: The property is currently zoned as Residential in the Draft District Plan while the forthcoming Proposed District Plan, estimated to be at least 2 years away (as at Jul 2023), has this block eventually being zoned as "Light Industrial."

Developer? As the 5,329sqm block is currently zoned Residential, it can be carved into 600sqm sections as a Controlled Activity, subject to Council approval.

Residential Buyer? A renovated house or a new domestic residence that replaces it, will still be permitted, subject to Council approval, even if the zoning changes.

Commercial Buyer? - if the Proposed Light Industrial Zoning goes ahead (in 2 years time at the earliest), this allows for subdivision to 500sqm as a Controlled Activity for a range of businesses including convenience stores, restaurants, cafes, emergency facilities, outdoor storage and trade suppliers.

Utilities: A reticulated sewer line is available to hook into and power is in place. Doubtless Bay Water runs past the driveway.

Vendor Finance may be an option for the right purchaser.

This is rare opportunity to secure a prime coastal haven.

Call Sean or Catherine to view.