A rare freehold opportunity on 22,951sqm (more or less) of land, comprising multiple buildings with a combined floor area of approximately 550sqm, located in a recognised tourism and outdoor destination. Constructed in the 1950s and historically used for outdoor education and group accommodation, the buildings requires renovation. This presents a genuine value-add and repositioning opportunity for investors or developers seeking to create tourism accommodation, staff housing, a lodge, retreat facilities, or other commercial ventures (subject to approvals). Large freehold sites of this size in National Park Village are tightly held and seldom offered to the market. The scale of the land, combined with multiple buildings and a prime central location, provides significant potential for redevelopment, income generation, or long-term landbanking. Important: The sale of this property will attract GST, and GST may be payable on the purchase price. Offers under the benchmark price previously presented to Te Korowai o Wainuiarua will not be considered by the vendor. Tender closes 16th April.
