COATESVILLE-RIVERHEAD FRINGE LIFESTYLE LAND OF MORE THAN 48,000 sqm

A rare opportunity has become available on the Coatesville–Riverhead fringe, a substantial 4.8243 ha lifestyle property, now offered for sale after more than 20 years in the same ownership.

This can be sold as one large lot 4.8423 ha, complete with the indoor pool, cottage, huge shed or subdivided into two lots where you can build your dream countryside living home on a smaller lot of land.

Further subdivision potential into 3 or 4 lots is possible with transferable titles.

Call to arrange your private appointment to view, and let's discuss price and the options available.

The property is positioned at the end of the Croft Lane cul-de-sac, the property is accessed through a gated entrance featuring hand-forged wrought-iron automatic gates. A private, tree-lined driveway leads to an expansive and secluded block of flat to rolling land.

Improvements include an indoor heated swimming pool, a four-bedroom cottage, and a substantial 504sqm shed/office complex. 

The shed, currently used as a home office and warehouse, offers a high stud, generous proportions (28m wide 18m deep), and seven automatic doors. 

The existing cottage and shed provide accommodation and storage options while planning or constructing a new home, and the cottage may offer potential as a minor dwelling or studio once a new residence is completed (subject to council requirements).

The land is elevated and gently contoured, divided into eleven fenced paddocks with established shelter belts and mature trees. A water bore supplies irrigation or livestock water.

Historically, the property has supported an organic kiwifruit and mandarin orchard, later grazing for sheep and cattle, and is now maintained as flat lawns and mown paddocks.

Purchasers may choose to retain the property as a single, substantial lifestyle estate and potentially building a new home or explore subdivision potential.

Concept plans indicate the possibility of creating two, three, or four lots, each offering private building site options and land suitable for equestrian use, lifestyle farming, horticultural ventures, or work-from-home activities.

Any subdivision would require a resource consent application, and buyers are encouraged to seek independent advice regarding feasibility and development options.

This is perhaps one of the last larger land holdings in the Riverhead–Coatesville fringe that remains unsubdivided without a substancial home already built. Other sections for sale in the area have already been subdivided and tend to be around 1ha in size. 

Therefore in retaining the larger land size of 4.8243 ha you have the land area for lifestyle farming activities or to create the grand lifestyle home property with lawns, ponds, orchards or grazing for animals. 

The existing cottage/home provides immediate living options, with the flexibility to build a new residence while retaining the current dwelling as a minor or studio or home office (subject to council approval).

An older tractor shed offers scope for conversion into stables or continued use for farm equipment.

The surrounding area is well known for equestrian activity, with neighbouring properties featuring riding facilities and convenient access to Riverhead Forest for recreational horse riding.

The large warehouse/office provides an excellent base for those seeking a substantial work-from-home environment in a private rural setting, while still enjoying strong connections to both the Northern and Northwestern motorways.

Vendors are motivated to sell, in whole or half, best to arrange a private viewing and let's talk price

Options are to purchase as one lot 4.8243 ha or to purchase approximately half and the land can be subdivided into two lots each around 2.2 - 2.6 ha. Potential to then subdivide further into 3 or 4 lots with transferable titles at a later stage.

Marketed as buyer enquiry over 3.5 million for the whole property as one lot, or we can discuss the costs of obtaining the resource consent and creating two separate titles selling off half of the land so you can build a grand home in the countryside.

For further information and to arrange your private appointment to view and take a walk around the entire property contact:

Stephen Hudson
0274 746 774
REA Licensed & MREINZ

or

Jonathan Hudson
027 566 2842
REA Licensed & MREINZ
 

New Zealand Property Limited
Licensed REAA 2008