


Listing Description
Develop or Land Bank
Lot 2,, 562 Manuherikia Road, Alexandra, Central Otago, Otago
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | Bare land |
Agency reference | ALE41593 |
Description
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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