Karaka Franklin 2580

4.3 hectares (10.6 acres) now rezoned residential. Could be subdivided into approximately 40 large sections. This property has a wide road frontage and is 2 minutes walk from the Karaka Inlet subdivision currently being built.
It extends along the full length of existing properties which range in size from 400sqm to 1000sqm
Has a deep well bore water supply and a small sleepout.

2500m2 Sections on the recently opened Karaka Inlet subdivision, located 400m down McRobbie road, are selling for approx. $400,000
This 4.3 ha section could give 40 sections of approx 800sqm with a possibility of them being further divided to 400sqm sections.
A 'CALCULATION' COULD LOOK LIKE THIS: 40 sections x $300,000 each could be worth a potential $12million minus the expenses.
The Kingseat area is earmarked for major residential development.
Secure this valuable flat land today at a fraction of its rue value and begin the next stage that you and Kingseat will be proud of.

Local amenities include:
Playground and tennis court. Dairy and takeaways. Kingseat Fruit and vege.
Tehihi school and school bus stop. Tehihi service station.

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