With Council approval already acquired (conditions may apply) and each lot's boundary fencing in place much of the hard work has been done towards producing a 3 lot subdivision - making this a very enticing proposition.
Includes a tidy, low maintenance, 3 bedroom home in an established, private setting.
Options available to the new owners are numerous, including residing in the home whilst developing, or renting the home for income whilst continuing with the development. You could even sell one, or all, of the blocks immediately subject to the issuing of title.
For a local farmer it could be a great investment, providing a small run-off and workers house initially and once the development is complete 3 lifestyle properties to sell towards your retirement.
The market has eased - now is the time to buy.

Land Size: •6.14Ha more or less
House size: •100m2 approx.
House age: •1990s
Heating: Heat pump
Rates: •$2050 pa
Horizons: •$402.37 pa

Source: •HDC, Horizons, RPNZ.