The property comprises a total land area of 1.62ha with a building area of circa 1,482m² which is currently utilised for RSE worker accommodation. This facility has capacity to house 128 workers and can be further supplemented to cater to large events accommodation.
Included in the offering is excess land of circa 1.0ha at the rear of the property which could be further developed for RSE worker accommodation or alternatively residential housing.
The improvements include a 379m² split level house with private amenities, two 312m² accommodation blocks, a 61m² accommodation block, a 21m² portacom ablutions block, five 63m² port-a-build accommodations, and an 82m² kitchen block.
The property is located in a prime position on Omahu Road with close proximity to the Hastings Hospital and CBD. The nearby expressway provides easy access to the Sports Park, EIT, Hawke’s Bay Airport and Napier City, southbound takes us to Waipukurau.
The zoning allows for residential activities, day care centres, homes for the aged, residential housing, temporary events and visitor accommodation. The property provides excellent development potential, particularly in support of the viticulture and horticulture industries in the Hawke’s Bay. The government has approved entry for around 300 RSE workers each month from June 2021 - with a total of 2,400 arriving by March 2022, so appropriate accommodation will be in high demand.
The market is strong, and we expect interest from high-net-worth investors, developers and owner occupiers from local, national and international interest.
Ref #: 20826160