938 Main North Road, Bay View, Napier
price TBC
6.53 ha
Auction action - as is where is
An exceptional opportunity awaits for the acquisition of this 6.53ha parcel of bare land, situated along the picturesque Esk River. Conveniently located just four km from Bayview and 13 km from Napier, this property boasts alluvial, free-draining soils. Its proximity to the beach not only renders it early country but also ensures relative frost-free conditions, making it an ideal setting for growing citrus or summer fruit. A notable advantage is the existing consent allowing the extraction of 20m3 of water per day from the Esk River for irrigation purposes. Despite experiencing water inundation during Cyclone Gabrielle, the property has been restored, with no silt buildup. Importantly, it has retained its original zoning by the Hawke's Bay Regional Council, distinguishing it from neighboring lands across the Esk River that underwent rezoning. Post the flood incident, our dedicated vendors have invested over $200,000 in cleanup efforts, effectively mitigating any potential issues. With the hard work already accomplished, this property stands ready for development and presents a unique investment opportunity. The vendors are eager to facilitate a deal and invite prospective buyers to contact us promptly to schedule a viewing and explore the full potential of this remarkable property.
938 Main North Road, Bay View, Napier
Web ID
NR177105
Land area
6.53 ha
District rates
$3,773.88pa
Regional rates
$733.60pa
LV
$760,000
RV
$820,000