This article was prepared by Ray White and is being published by the New Zealand Herald as advertorial.
Let's be clear, properties in Te Awanga rarely, if ever, hit the market. This isn't just another listing; it's a once-in-a-generation opportunity. Four three-bedroom homes, all with garages, on a single title in this tightly held coastal enclave. And with the vendor's circumstances changing this means opportunity is knocking – loudly.
We're talking four income streams, a cool $132,500 per annum gross, according to the latest rental appraisal. Tenants in place, or a blank canvas? But what really has people talking is the subdivision potential. Split the land, build more, and you’re looking at serious growth on this 2584sq m section. This isn't just about immediate returns; it's about unlocking future value.
Te Awanga offers significant potential for property value growth. Close to wineries, cycle trails, and Cape Kidnappers, this location is fiercely protected. The neighbourhood vibe is strong, and the coastal convenience is unmatched.
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Ray White Hawke's Bay is leveraging its local expertise, providing an Information Memorandum, Builders Reports, and a LIM report. They're positioning this as a savvy investor's dream or a land banker's jackpot.
This golden investment opportunity won't last. Contact Tracey Campbell 027 292 2515 immediately for viewing times and further information.
Mark your calendars! 38 Cedar Rd, Te Awanga is up for auction on Friday, May 2, 2025 at 1pm at Ray White Napier, 60 Prebensen Drive (if not sold prior). Auctioned by Rob Tulp, REINZ 2024 Auctioneering Champion.
For more information visit: rwhawkesbay.co.nz
