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Listing Description

Listed: Fri, 15 Mar

Carbon credits or lifestyle

276 Isaac Road, Eyrewell, Waimakariri, Canterbury

Asking price $600,000

Details

  •   24ha Land
AttributeValue
Property type
Bare land
Capital value (CV)
$972,000
Agency reference
RL178255

Description

Ideal for those looking to relocate a home or establish a productive lifestyle property. This 24 hectare (59 acre) block presents an attractive opportunity at an affordable price point. Located in an area with several established lifestyle blocks and no covenants preventing relocation of a home and within thirty minutes of Christchurch International Airport. Tremendous value compared to smaller 4 hectare blocks in the area.

This free draining, but potentially productive land could support pasture such as a cocksfoot-dominant grassland or lucerne, if you were looking at removing existing stumps and re-grassing. Alternatively, the property is suitable for replanting in trees. The previous crop was planted in 1993 and no carbon credits were claimed. From next year you could claim carbon credits for a permanent carbon sink, as the previous trees were felled over 5 years ago, allowing them to rot down and increase the organic matter in the soil. Douglas Fir would be ideal for a second rotation as it is wind tolerant.

Your chance to secure a sizeable 24 hectare land holding for residential or agricultural pursuits at a reasonable price point. An affordable blank canvas to establish your lifestyle property!

Contact me today for more information on this outstanding opportunity.

$600,000 including GST.


Open home times

No times scheduled

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Agent's details

Maurice Newell

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Enquire about the property

Property Brokers Rangiora, (Licensed: REAA 2008)

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