42 Octavius Place, New Plymouth

When you buy on the waterfront, the smart move is to follow the lead of the homes around you - maximise the position, capture the view, and unlock the full value of the land. That's exactly the opportunity here.

Set on a rare 523sqm freehold oceanfront section, this iconic address in New Plymouth offers more than just a home - it's a front-row seat to the ultimate coastal lifestyle and a blueprint for future growth.

Right now, a charming 1930s three-bedroom, two-bathroom bungalow occupies the site, blending classic character with relaxed open-plan living that flows to a north-facing deck - perfect for summer BBQs and sunsets over the Tasman. Enjoy it as-is, generate Airbnb income, or landbank while you plan your next move.

For the visionary buyer, the potential is clear, remove the existing home and build your dream architectural masterpiece to match the calibre of surrounding properties.

Why investors and developers take note:

• True freehold waterfront land - a scarce and appreciating asset.

• Strong capital growth - neighbours have redeveloped into high-value builds.

• Multiple exit strategies - live in, rent, landbank or redevelop.

• Premium lifestyle location - cafés, Coastal Walkway, East End Reserve all on your doorstep.

The vendor is motivated to sell - and in the world of prime coastal property, hesitation is costly.

This is your chance to secure a slice of oceanfront gold - and decide how brightly it will shine.

Price By Negotiation