Residents looking for a huge chunk of picturesque coastal land to build their own holiday getaway or to develop might be interested in this slice of the Coromandel now up for sale. Photo / Supplied
Residents looking for a huge chunk of picturesque coastal land to build their own holiday getaway or to develop might be interested in this slice of the Coromandel now up for sale. Photo / Supplied
A rare slice of untouched beachfront land is for sale in the Coromandel.
The 40ha Matapaua Bay property in Opito Bay has sea views towards Whitianga and Hot Water Beach and its own sheltered bays visited by passing yachts.
Thirty-five minutes north of Whitianga and three hours from Auckland, ithas been valued by the council at $4.85 million - the price of almost five Auckland homes at the city's average price.
The coastal land is filled with seabirds and native trees, such as puriri, pohutukawa and nikau palms. Photo / Supplied
The property comes with consent to subdivide it into up to 14 residential homes, and 2km of concreted roads and power and electricity infrastructure for each of the future homes.
The buyer could use the land in a number of ways, Bayleys real estate agent Glenn Tanner said.
It might be to build an "iconic coastal lifestyle retreat", complete the development of the 14 homes or land bank to "realise future financial rewards".
It also has an array of native trees, including puriri, pohutukawa and nikau palms, that echo with the calls of seabirds.
Tanner said the pohutukawa trees were especially beautiful when they flowered next to the water at Christmas time.
