A substantial 42-hectare development opportunity on the doorstep of Raglan offers a unique chance to invest in a rapidly appreciating lifestyle destination with rich cultural appeal and stunning natural scenery, Bayleys salespeople say.
Located within the established Te Uku Village and 21 kilometres west of Hamilton on State Highway 23, Diamond Creek is zoned Rural Lifestyle.
As part of the Te Uku Precinct Plan, it provides for 34 lifestyle sections, offering developers the potential to create a bespoke community within New Zealand’s ‘Golden Triangle’ economic hub.
Raglan is renowned for its world-class surf breaks, vibrant arts scene, and lively music culture, making it a popular holiday destination for visitors and a growing resident population.
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Market trends show that properties in the area continue to appreciate, with Raglan’s average residential sale price now exceeding $1 million and premium homes often fetching over $2 million.
Bayleys Waikato Commercial manager David Cashmore emphasises the property’s strategic appeal, noting its proximity to key urban centres, including Auckland and Tauranga.
“As development fundamentals improve following recent economic challenges, the demand for spacious, semi-rural living is on the rise,” Cashmore says.
“With the potential to offer a mix of diverse lot sizes, a new steward could oversee Diamond Creek’s evolution into a desirable lifestyle community that artfully combines modern lifestyle living with the dramatic beauty of its natural landscape.
“A proposed cycle and walkway connecting to Te Uku Country School – where enrolment has surged by 65 percent over the past four years, highlights the further potential as a family-friendly environment.
“Now a zoned school, Te Uku Country School has become increasingly popular, with many parents choosing to drive or bus their children from Raglan due to its strong academic reputation.
"As Raglan township is no longer in the zone, Diamond Creek’s location is especially attractive to parents searching for quality education while enjoying convenient access to Raglan’s vibrant lifestyle.”
Cashmore, alongside Bayleys colleagues Mark Frost, Gerald Rundle and Wesley Gerber, leads marketing for the development opportunity, inviting expressions of interest with a closing date of 4:00 pm on Wednesday, 30th October 2024 (unless sold prior).
Bayleys Raglan salesperson Mark Frost says that while the property was previously used for pastoral farming, the Waikato District Council and New Zealand Environment Court have recognised Diamond Creek’s potential for high-quality housing and potential to provide broad social and economic benefits for residents and the Te Uku township.
The prime location also features stunning natural views, including dramatic vistas of Mount Pirongia, Mount Karioi, and the Pipiwharauroa Ranges beneath the wind farm.
Te Uku Village, home to local amenities such as a grocer, takeaway store, church, petrol station and community hall, also features Raglan Roast shop – widely known for its laid-back atmosphere and great coffee.
Wesley Gerber and Gerald Rundle of Bayleys Development Land Sales say that as the only rural settlement node in the immediate area, amenities at the Te Uku Village add to Diamond Creek’s appeal by offering a small-town community feel while remaining close to larger hubs.
“With rising demand for lifestyle-focused living, the opportunity to deliver a high-quality community at Diamond Creek stands out as a compelling proposition, unique in its blending connectivity, stunning landscapes, and room for families to grow.
"Its strategic location within the Golden Triangle region makes it highly attractive to budding residents seeking an elevated living experience, which sets the development opportunity apart in an increasingly competitive market,” they say.
- Supplied by Bayleys
