240-242 Main Highway, Otaki, Kapiti Coast

Discover a rare and versatile slice of Kapiti Coast real estate with this 15.18-hectare forestry block/lifestyle section positioned for both immediate enjoyment and future growth. Situated just minutes from Paraparaumu town centre and the convenient expressway connection, this property offers a unique blend of privacy, potential, and panoramic beauty. The elevated site boasts expansive views over Paraparaumu and out towards Kapiti Island, providing an exceptional backdrop for a dream home or future development. The land although predominantly steep, features a desirable building platform at the crest - ideal for constructing a bespoke residence with commanding views. For developers, the property's size and location present strong subdivision potential (subject to council approval), while the terrain and elevation add both character and value. Alternatively, visionary buyers may choose to replant the land in pines for a sustainable long-term forestry investment, or simply land-bank this premium parcel with confidence in its future capital growth. Whether you're a developer, lifestyle seeker, or forward-thinking investor, this property delivers unmatched versatility and potential in a fast-growing region. Features: 15.18 ha of elevated, potentially sub-dividable land Prime location close to Paraparaumu and the expressway Spectacular views over the coast and Kapiti Island Established building platforms at the crest and close to the site’s frontage with Nikau Palm Road Forestry, lifestyle, or land-banking opportunity This is a fantastic affordable opportunity for a wide range of forward–thinking buyers. Don’t miss this chance to secure one of the last great blocks in this sought-after part of the Kapiti Coast.

Buyers $410,000+

240-242 Main Highway, Otaki, Kapiti Coast Auction - 1pm, 24 November 2022, on site (unless sold prior) •Land 534 m2 •Building 100 m2 (more or less) •Development options •Ideal for owner-occupier and investor/developer Seldom do commercial land parcels of this size come available to purchase in Otaki's CBD. 240-242 Main Highway presents multiple options for the future occupier or investor to stamp their mark and add material value to this underdeveloped site. The existing building is extremely well presented and features a rear work shop of ~70 m2 with rear and side roller doors, high stud and mezzanine. To the front is a small office and separate storage/ lock-up. The front yard is securely fenced and suitable for storage and vehicles. Use as a workshop/car yard in its current form, develop to add value to the site or lease and land-bank this opportunity for the future. The recent purchase of Otaki Yard by Wellington property developer Ian Cassels provides confidence that the soon to be completed Peka-Peka to Otaki Expressway will have a positive impact on the CBD and encourage further investment and growth. This can only be positive for 240-242 Main Highway and its development attractions. Astute investors and business owners will therefore not want to miss out on the towns growth potential.

Auction