A35-lot Papamoa subdivision has been snapped up in three weeks on land originally intended to become a log cabin getaway for rich Europeans.
"It is a strong market out there at the moment," David McFarlane, the developer of the 1.6ha block said.
All the lots were sold once tenders closed after three weeks for one of the last big undeveloped blocks of land left on Papamoa Beach Rd, he added.
The Thorne Group bought 17 of the sections in the back half of the block, with the remaining 18 buyers bucking the trend of Aucklanders cashing up and shifting to Papamoa. Nearly all were from Tauranga.
Only the 2000sq m front portion of the original 1.8ha block has been retained by Eureka Pacific Log Home Park developer Hugo Verseput, who bought the land off a Maori trust. Efforts to contact the Dutchman were unsuccessful.