45 Kitchener Street is a 32,828sqm property currently used as a citrus operation, but the owners think it's time for a change. The property is zoned residential with town septic and water infrastructure on the boundary of the property.

The Wairoa Council has favourable subdivision terms, so with this in mind, there is opportunity to turn this property into Wairoa's leading residential area.

The property is well located, with schools on each boundary, the local hospital just across the road and a variety of recreational activities only minutes away including water-skiing on the river and surfing at the river mouth along with a world class mountain biking track.

Wairoa is not the sleepy town many may think it is! With strong farming and forestry industries and horticulture starting to creep into the region, it should be a place of interest for any investor looking for opportunities.

This is a rare opportunity to find a parcel of land zoned residential, in such a prime location with infrastructure at the gateway. The owners are happy to work with the purchaser to get the property back to a greenfield site if required.

The property also boasts a large, 3-bedroom home and curtilage, along with a 5-bay shed.

Tender (unless sold prior)

4pm, 10 June 2021

10 Reads Quay, Gisborne

(Boundary lines are indicative only)