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Lot 2, 562 Manuherikia Road, Alexandra, Central Otago

Develop or Land Bank

dollar

Negotiation

Section
Lifestyle section
Land area
43.10ha
Title type
Freehold
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Property details

Listing # ALE41593 | Listed on 30 May

This bare land block is a great investment opportunity. With 43.1 hectares (STS) to work with, and being only 5km from Alexandra the block can be subdivided (subject to CODC consent) into five blocks under the current District Plan.

The land has several optimal buildings sites, a gravity fed irrigation water supply, a domestic water supply, and a stock water system. A second bore would be required if the property was further subdivided.

The land is well accessed and mostly productive irrigated easy rolling to flat land, with one steeper gully. Improvements include an old 2 stand woolshed, deer shed, 3 bay implement shed and a good set of cattle yards.

The location, Manuherikia river boundary and subdivision potential add plenty of value for intending purchasers.

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