Pictures23

Map

Lot 2 Kenepuru Road, Portage, Marlborough

Asking Price $1,500,000 Plus GST (if any)

26.11ha

Portage development opportunity

Now priced $500,000 below the registered valuation!

Potential subdivisions of this caliber in locations like this are seldom seen. This is an exceptional opportunity to secure a prime 26.106-hectare land parcel in the stunning Portage region, offering a rare blend of development potential, investment security, and an unparalleled lifestyle. Nestled in a breathtaking natural setting, this property is surrounded by lush, bush-clad hills and enjoys a 400m boundary with the renowned Queen Charlotte Track, one of New Zealand’s most iconic outdoor destinations. Whether you envision a private retreat, a family getaway, or a high-quality residential development, this land provides the perfect canvas for your aspirations.

With resource consent and full subdivision approval granted for 13 generous sections, the hard work has been done laying the groundwork for an exciting new development, making this an attractive prospect for investors and developers alike.

Subdivision approvals in such a pristine part of the Marlborough Sounds are very rare and difficult to ever repeat. All the engineering plans are completed ready for a cost-effective development of the 13 new blocks. With much of the roading already in place, costs of completing the 13 new lots are relatively low and straight forward.

The amazing views from the property’s building positions include expansive views right down the Sounds and more intimate views across the Sounds to Weka Point and surrounding bays. The property features north-west facing, moderate lower slopes for ease of access to the foreshore and boat ramp situated directly at the base of the property, main road drive access from Picton or Blenheim, daily water taxi transport options and immediate proximity to the renowned Portage Resort for dining and coffee.

The favorable climate and idyllic surroundings create an inviting environment for those seeking a peaceful yet adventurous lifestyle. Outdoor enthusiasts will appreciate the wealth of activities available right at their doorstep, from hiking and mountain biking to water sports and world-class fishing in the pristine waters of the Marlborough Sounds.

Whether you’re a family looking to create a legacy property, a retiree searching for a serene coastal retreat, or a developer seeking a unique investment in a high-demand location, this is a must-see opportunity.

The Will Porter Team invites you to explore the endless possibilities that Lot 2 Kenepuru Road has to offer —secure your slice of paradise today.

* Purchase price will be plus GST

Additional details

Type

Section

Property ID

4136459

Listed on

28/02/2025

Updated

22/04/2025

Property insights

OneRoof estimate

Interested in Marlborough?

Find estimate

OneRoof mentions

Listed for sale on OneRoof for 126 days (last updated on 28 February). This property has appeared in 2572 searches in the last 30 days. There are 6 properties for sale in Portage.

Similar properties for sale

Video available

Calling aviators, fisherman, golfers and relaxers!

For Sale $295,000 Plus GST (if any)

6718 Kenepuru Road, Kenepuru Sound

About the area

Market insights

Insights for all bedroom homes in Portage

Property type

All property types

Bedrooms

All

Time (yrs)

5 yrs

Home services

Mortgage Calculator

NEW

Fortnightly Repayments

Loan term

Total interest

Interest rate

Total cost

Press calculate to work out your mortgage repayments and how quickly you can pay off your loan.

Find out what you can afford Apply now

Disclaimer

Home Improvements Loan calculator

AMI House Insurance

On your side with these great benefits

Natural disaster cover for earthquakes, natural landslips, hydrothermal activity, tsunami, natural fires, & volcanic activity.

Temporary accommodation for you, your family, and your pets if you need to be evacuated from your home.

Get replacement keys and locks if yours get lost or stolen and pay no excess.

Access to AMI HomeHub, our first-class home repairer that brings together a team of experts to take care of your home claim repairs from start to finish.

Learn about these great benefits and more

*Exclusions and limitations apply. Talk to us about these or refer to the full policy document which can be found on our website.

Kenepuru Sound, Marlborough

Kenepuru Sound is a suburb which lies within the Territorial Authority of Marlborough, one of 36 residential suburbs which form the wider region. Kenepuru Sound is the 7th largest suburb of Marlborough in terms of the total number of residential housing stock. Kenepuru Sound provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Kenepuru Sound is made up of approximately 82% residential housing , 1% residential investment housing and 17% lifestyle properties.

Learn more