Husband and wife property developers linked to $20 million boost in small Taranaki town’s housing stock

PHOTO: ANDY JACKSON/STUFF – Richard Dreaver and wife Sharron Masters-Dreaver near the first subdivision known as the Armstrong Development in Waitara. Another stage of the work is also under development.

A small Taranaki coastal town is riding a property wave worth $20 million thanks to the efforts of one enterprising couple.

After years of work, Richard Dreaver and wife Sharron Masters-Dreaver have created two subdivisions off Waitara’s Armstrong Avenue, which boast a total of 79 sections.

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