384 and A-C/362 Paekakariki Hill Road, Paekakariki Hill, Porirua 5381
Residential Lifestyle/Forestry Development
Acreage Semi-rural Sold - Paekakariki Hill Porirua
This is a unique and varied development opportunity that will appeal to a wide range of buyers. With views across the neighbouring golf course providing stunning fairway views from your own dream home.
Split over two titles:
384 Paekakariki Hill Road is 70.0416 ha of gentle rolling country currently used for stock finishing.
362 Paekakariki Hill Road is 60.4715 ha of near mature forestry land on elevated slopes with views to the north and west.
Upside for potential development includes:
• Immediate return on Forestry post-harvest
• Split title advantage
• Proximity to Pauatahnui Village
• Northwestern sunny aspect
• Subdivision potential
• Handy to major transport routes (Transmission Gully)
• Abundance of local lifestyle amenities
Demand for small to medium lifestyle blocks is on the rise. The nature of this offering is such that the savvy investor/developer can be positioned to release major value in this asset over time and also see an immediate return on capital investment.
The land is such that it lends itself to this type of further development and some impressive obvious building platforms exist already through the natural contours of the land.
With lifestyle in mind the location is hard to beat with handy access to The Kapiti Coast, Hutt Valley and Wellington CBD. Lifestyle amenities include two well-appointed golf courses, Porirua Harbour, walking tracks and parks, village and school.
Call today to discuss this opportunity further.
LEGAL DESCRIPTION
Estate: Fee SimpleProperty Features
- Acreage Semi-rural
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