138 St John Street

Prime Mixed-Use Investment - Opotiki

An exceptional opportunity to acquire one, two or all three adjoining freehold titles within a strategic Mixed Activity zone in the growing Opotiki township. Offered for sale by Tender (unless sold prior), the properties may be purchased individually or together, presenting a combined landholding of significant scale in an emerging regional centre.

The three sites are currently utilised for commercial and tourism-related activities, however the underlying value lies in the land size, zoning and development flexibility available across all titles, subject to District Plan provisions.

138 St John Street is the standout landholding, comprising a substantial 9,770m2 freehold site. The property benefits from an existing resource consent for shuttle and bike hire operations and backpacker accommodation, providing a strong platform for further tourism development, intensification or alternative mixed-use outcomes.

130 St John Street, set on 3,329m2, is improved with a large workshop building and provides interim holding income while offering future redevelopment or repurposing potential.

132 St John Street occupies 1,244m2 and is currently used in support of the adjoining tourism operation, further enhancing the contiguous nature of the overall landholding.

All properties are freehold and zoned Mixed Activity, a zoning that enables a broad range of compatible commercial, residential and community activities. This flexibility supports redevelopment, intensification or staged development within a developing regional hub.

Opotiki is located in the eastern Bay of Plenty, approximately 44km east of Whakatane, with direct access via State Highway 2 and serving as the gateway to the East Cape. Positioned on a harbour inlet and bordered by rivers and coastline, the township supports agriculture, forestry, tourism and a growing aquaculture and marine sector. Recent harbour and infrastructure investment continues to underpin growth and future demand.

Tender closes at 12:00pm, Friday 27 February delivered to: Harcourts Opotiki, 38 Church Street, Opotiki (unless sold prior)
Price plus GST (if any).

A rare chance to secure scale, zoning flexibility and long-term development potential in one of the Bay of Plenty's evolving regional centres.