A large-scale landholding on the northern fringe of Hastings is available for purchase, giving buyers the opportunity to secure a well-positioned site that has significant long-term potential.
Located at 1403 and 1411 Pakowhai Road, the total site spans 4.4ha and enjoys extensive frontage to a major arterial route. The site has excellent accessibility and benefits from its proximity to established residential neighbourhoods and key commercial amenities.
Currently zoned Plains Production by the Hastings District Council, prospective purchasers may recognise the potential for the property to be rezoned in the future, subject to council approvals and planning processes.
The site is less than 3km from the centre of Hastings and just over 10km from the Havelock North village, providing future occupants with excellent connectivity to commercial services. The city of Napier can be reached in under 20 minutes.
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The Hawke’s Bay Expressway, one of the region’s primary arterial routes, is only a short drive away and provides seamless access between Hastings, Napier, the Port of Napier, Hawke’s Bay Airport, and the wider region.
Danny Blair, Director at Colliers Hawke’s Bay, has been exclusively appointed to market the property for sale via tender, closing at 2pm on Thursday 6 August.
Blair says the landholding offers buyers the opportunity to acquire a strategic asset that will benefit from the continued development of Hastings.
“The surrounding area has experienced significant residential expansion in recent years, with established neighbourhoods extending northwards and further development continuing to reinforce the area’s long-term growth prospects,” Blair says.
“Its position on the urban fringe places it within easy reach of schools, retail amenities, recreational facilities, and employment hubs, making it a logical direction for future residential expansion.
“Purchasers may consider utilising the site under its current zoning before pursuing future repositioning opportunities. Large-scale landholdings in this location are rarely available to the market.”
The strategic positioning of Hastings in the central North Island has proven a drawcard for businesses such as Kiwibank, Datacom, and Fingermark who have all established a presence in the city in recent years.
Looking across the Hawke’s Bay region, the area is renowned for its appeal as a lifestyle destination, attracting national and international visitors.
“Napier’s globally recognised Art Deco festival attracts thousands to the region every year and is firmly established on the calendar as one of New Zealand’s most sought-after cultural experiences,” Blair says.
“Hawke’s Bay’s wineries are also a popular attraction, while the region boasts a number of world-class golf courses and other recreational and outdoor activities, all supported by popular beaches and appealing weather.”
Blair says this blank canvas site will attract significant interest given the long-term potential on offer.
“Sitting within the fertile Heretaunga Plains, one of New Zealand’s most productive and fastest-growing regions, this is a compelling opportunity for developers, investors, or landbankers.”
- Supplied by Colliers
