This is your opportunity to secure your own rural lifestyle block right on the edge of town.
With 2 x 10 Year signed leases to Amplitel for a mobile phone tower soon to be installed in the north west corner.
Year 1 lease value is $15,000 with 2.5% annual increases = $383,169 income over the next 20 years.
Lease 1 is from 2023 to 2033 and lease 2 from 2033 to 2043. Lease payments are paid around 14th February Annually.
Ideal private house site
Power available off the connection that will be supplied by Amplitel.
Town water was connected to the original property and town water is available.
Large dam with island feature
The block has been selectively cleared and you can clear more to build your dream home and whatever extras you desire.
Bitumen road frontage with double entry gates off Windmill Road.
Frontage 389m and Depth 317m
New 5 strand barb wire Windmill Road and Lloyd St boundaries.
New 4 strand barb wire fencing to side and back neighbours.
No building covenants on these blocks.
Your very own 12.35 Hectares or 30.5 acres to make of it what you like?
PROPERTY CAN BE PURCHASED WITHOUT THE AMPLITEL LEASE at $400,000 Inclusive of GST
Note: Sale Price includes GST.
Call today for further information or to arrange an inspection Warren on 0427 468 591
NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 3 | 2 | -m2 | 2025 01 19 | - | Council approved | |
 | 0.14 km | 3 | 2 | -m2 | 2024 11 04 | $260,000 | Council approved | |
 | 0.45 km | 4 | 2 | -m2 | 2024 10 17 | $265,000 | Council approved | |
 | 0.28 km | 4 | 1 | -m2 | 2024 09 22 | $360,000 | Council approved | |
 | 0.16 km | 4 | 1 | -m2 | 2024 08 26 | $365,000 | Council approved |