1599 Rewi Street, Te Awamutu | Stone Real Estate New Zealand

6
4
2
123900 sqm

Price guide: Undisclosed

Calling all developers and land bankers!

12.39 hectares (approx.) of gentle rolling land on Rewi Street, Te Awamutu. 11 hectares is zoned Residential.
This exclusive property has been under the ownership of the Wallace family for more than 100 years. It is now time for new owners to develop or landbank this prime piece of real estate in Te Awamutu township.
Part of the T12 growth cell and already zoned for residential development - this property has capacity for approximately 132 dwellings (subject to purchaser due diligence).
Located close to the Te Awamutu CBD and with established housing already right on the boundary this property is ready to go.
A six bedroom homestead sits on a commanding site looking toward the West. Other buildings include two half round six bay sheds and an unused cowshed.
Explore the potential, this is an opportunity you won't want to overlook.

* SOURCES FOR INFORMATION BELOW:
Waipa District Council.
Environment Waikato Council.
Property Guru.

* C.V: $7,610,000
* L.V: $7,310,000
* W.D.C. Rates: $11,130.71 (approx.)
* E.W.C. Rates: $2,740.64 (approx.)
* Area: 12.3925 hectares (approx.)

Ref #4015591