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2 262B Masterton Stronvar Road, Te Ore Ore, Masterton

Price by Negotiation

Consent Approved, Development Underway

Step into a premium development opportunity where the hard work has already been done. This 74-hectare rural lifestyle subdivision offers a rare chance to secure a significantly de-risked project that is already well underway, saving you time, cost, and uncertainty.

Fully consented by the Masterton District Council in September 2024, the subdivision includes an approved two-stage development plan, completed civil engineering designs, and an accepted geotechnical report. With approximately one-third of the development already completed, you can hit the ground running from day one.

The project will deliver 14 spacious lifestyle lots ranging from 2.2 to 9.7 hectares, perfectly positioned to meet strong demand in the sought-after Wairarapa lifestyle market. Stage 1 comprises five lots that are ready to go, with Stage 2 to follow and deliver the remaining nine lots.

With consent secured through to September 2029 and key risks already mitigated, this is a standout opportunity for developers and investors seeking a streamlined project with compelling upside.

Additional details

Type

Unspecified

Property ID

3151460

Listed on

30/04/2026

Updated

2 days ago

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Masterton Suburb, Masterton District

Masterton is a suburb within the Masterton Territorial Authority. It is one of 23 residential suburbs in the region and is the largest suburb in terms of housing stock.

The oldest properties in Masterton date back to the 1880s, but most of its homes were built in the 1960s. Masterton’s housing stock consists of approximately 89% owner-occupied residential homes, 8% lifestyle properties and 2% investment properties.

With iconic landmarks such as the Masterton Clocktower, Wairarapa Arts Centre, and Queen Elizabeth Park, Masterton offers a variety of properties that provide a refreshing escape from the hustle and bustle of city life. Additionally, its accessibility to Wellington City makes it an even more desirable place for those who want a mix of small-town living and the conveniences of a nearby city.

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