A private landholding near Twizel in the Mackenzie District is being offered to the market for sale, presenting buyers with the opportunity to acquire a significant development site with an approved resource consent in place.
Located at 2/1857 Twizel-Omarama Road, Waitaki, the freehold property sits between Lake Ohau and Lake Ruataniwha.
The site spans 349ha with the existing consent proposing to split the land into 14 lots that will all be larger than 20ha.
The Glen Ohau subdivision landscape is very open and dominated by vegetation, which contributes significantly to its visual appeal.
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This includes native vegetation cover comprising mixed exotic and native grasses, mostly fescue tussock.
There are significant natural features close by, namely Lake Ohau and Lake Ruataniwha, the Ohau River, Table Hill, glacial moraines, outwash plains, and the Ben Ohau Range.
Access to the subject site is via an easement that connects to State Highway 8.
The town of Twizel is approximately 12 minutes away, while Oamaru can be reached in just over 90 minutes.
The Ohau River forms a strong natural barrier to the west and north-west and between the property and the contrasting environments of the MacKenzie Basin, known for its sheep farming heritage that now serves as a popular tourist destination.
The Alps 2 Ocean Cycle Trail winds along the foreshore of Lake Ohau and is close to the property.
The environment exhibits very high natural character. It is entirely devoid of buildings and any form of significant infrastructure.
Farm fences are essentially the only notable physical feature along with some farm vehicle tracks, underscoring the tranquillity of the area.
Ross Robertson, Rural Sales Advisor at Colliers, has been exclusively appointed to market the property for sale via negotiation.
Each building platform has a predetermined 1ha boundary area. Additionally, they have a landform backdrop, thereby helping them blend into the setting and buildings will sit harmoniously in the landscape.
Measures taken in the consent ultimately translate into the recommendations that all future buildings and structures will be low in height and finished in natural colours.
"This is a once-in-a-lifetime opportunity to acquire a piece of land of this scale to create a landmark development in an area that offers some of the best hunting, fishing, and boating locations in the South Island," Robertson says.
"There are also ski fields just around the corner, ensuring future occupants will have access to a range of lifestyle and outdoor activities, all while benefiting from a high level of privacy amid spectacular surroundings.
"Buyers seeking a large lifestyle bolthole or a blue-chip development block will have considerable interest in this property given there is no other offering like this available on the market."
Looking outside of the existing consent, Robertson says there are further opportunities prospective purchasers could explore.
"Subject to the relevant consents, buyers may consider the potential to create a solar energy development at the property or a carbon forestry enterprise. Alternatively, a buyer may also landbank the site and make a decision about it in the future.
"There's a range of options for the new owner to pursue."
- Supplied by Colliers
