Beachfront sites back on market

Two adjacent properties on Orewa Beach, zoned Business Town Centre, are again on the market.
Any sale could herald the spread of commercial activity from the town centre across to the beachfront.

The properties at 309A & B Hibiscus Coast Highway were first put on the market at the end of last year, but withdrawn from sale early this year.

Real estate agent Karen Clark of NZ Sotheby’s International Realty says since they were put on the market again recently, there has been a lot of interest and several offers.

The two townhouses set on around 819sqm of beachfront land are marketed as having huge development potential, given the zoning, which allows for beachfront restaurants, cafés and apartments.
The current zoning allows for building up to 8.5m (two storeys), but Karen says there is the potential to go slightly higher with resource consent.

Karen says a developer would be the perfect buyer.