Located in a picturesque setting with views of mountains in the distance, this acreage property offers the opportunity to build a new home in a quiet and peaceful setting, while obtaining the benefit of an income stream from an existing farming lease.
The leased land currently consists of 7 tunnels and access to water from the dams. The tunnels are the sole property of the lessee which means they must be removed on termination of the lease by the lessee. There is a 3 bay colorbond shed with power, septic and water, belonging to the property and a cleared and levelled building site in readiness for building a new home.
Like many properties in this area, the 10.08ha parcel is a split block arrangement with both being approximately 5ha each. Building entitlement is for the parcel located at the marketed address only, while the other parcel is approximately 2kms away and uncleared.
If you've been looking for a rural escape, or just a weekender and an income stream to reduce the outlay would be ideal, this is a fantastic opportunity to secure a rural retreat today!
Lease returns available on request!
Land size: 10.08ha sqm approx.
NBN: YES
Council Rates: $900 annually
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 5.82 km | 2 | 1 | -m2 | 2024 12 17 | $560,000 | Council approved | |
 | 4.52 km | 4 | 1 | -m2 | 2024 10 20 | $4,200,000 | Council approved | |
 | 6.97 km | 4 | 2 | -m2 | 2024 09 29 | $930,000 | Council approved | |
 | 5.57 km | 3 | 1 | -m2 | 2024 08 25 | $710,000 | Council approved | |
 | 6.22 km | 2 | 1 | -m2 | 2024 08 07 | - | Council approved |