Raine & Horne Wairarapa
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  • 111 Papawai Road, Greytown, NZ 5794

111 Papawai Road, Greytown

    Sold

    Development Opportunity

    Situated in the picturesque town of Greytown, Wairarapa, these expansive parcels of land span approximately 20 hectares. Nestled within the region's scenic landscape, the property enjoys a tranquil setting while offering convenient access to Greytown Village.

    The land comprises of one substantial lot measuring approximately 17.5 ha, providing a significant area for development opportunities. Additionally, two smaller lots, each slightly over 1.2 ha, offer versatility in potential land use or subdivision options.

    Zoned as future urban, this property presents an exceptional opportunity for development. With its strategic location and ample land area, there is significant potential for outstanding residential development.

    Prospective developers may explore options such as housing subdivisions, recreational facilities, or other community-oriented developments. The future urban zoning indicates the area's designation for expansion and growth, making it an attractive investment prospect for those looking to capitalize on Greytown's evolving landscape.

    Greytown's charming character and vibrant community make it an appealing destination for residents and visitors alike, enhancing the appeal of any development undertaken on this property.

    This property would be attractive to savvy investors, developers, or landholders seeking to capitalize on the region's growth and demand for quality development opportunities. Additionally, Greytown's reputation as a sought-after lifestyle destination adds to the property's investment appeal, attracting interest from a diverse range of potential purchasers around New Zealand and abroad.

    Contact us today for more information or to arrange a private viewing.

    Tender closes 2pm Wednesday 10/04/2024 at Raine & Horne Wairarapa, 136b Main Street, Greytown

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    avatar Victoria Forrester
    Victoria Forrester
    Sales Consultant
    avatar Mehdi Zerhouni
    Mehdi Zerhouni
    Principal

    Got a property to sell? Contact us for a free Request Appraisal

    Property Info:
    • Property ID: L27045344
    • Property Type:Bare Land
    • Land Area:19.85 hectare
    We Know Your Area
    R&H Suburb Profile: Greytown
    R&H Suburb SummaryHouses
    Number of sales51
    Average Price$915,490
    Median Price$842,000
    Median Rental Price$ p.w.
    Change in Rental Rate (5yr)n/a
    Median Trend - $842,000
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