Providing you with a fantastic development opportunity is this 2.45 hectare (6 acre) property that offers you a great investment or land banking opportunity. With the front boundary being Rural Living zoned (minimum 500m2 per site) you have the option to develop and on-sell, or build and hold, whilst keeping the balance of the land, which is Rural Countryside zoned. It is worth noting that under the District Plan you are allowed 1 dwelling per 500m2 in a residential 'living' zoning (i.e. road frontage portion of the property), without neccessarily subdividing the land.
Perfectly positioned within the town boundary, you are just minutes away from sought after Waipu Town, where you will find shops, a primary school, sports venue and an abundance of other activities.
The whole property is lovely and flat, on town water and has a variety of citrus and fruit trees, established gardens, bamboo shelter belt trees and a couple of paddocks to have a horse or two. With a backyard this size the kids will have a field day with endless options of entertainment.
Set back from the road amongst the trees is a 105m2 home, that features three bedrooms, two bathrooms, a separate large laundry, open plan kitchen, living and dining areas. The home has had a new roof, new hot water cylinder and insulation installed in the ceiling and floor. Keeping you cosy in the winter is a Kent fire place which is centred around the open plan living room. The living areas flow out to a covered porch that lets you relax and enjoy, all year round, your views of the enchanting flora and pasture.
After many happy years here the kids have moved on and the time is right to sell, giving you an outstanding opportunity. Land bank or develop now the choice is yours!
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