Listing Description
Off Grid Lifestyle Paradise
36 Armstrong Rd, Waiotahi, Opotiki, Bay Of Plenty
Asking price $400,000
Details
Attribute | Value |
---|---|
Property use | Bare land |
Capital value (CV) | $1,250 |
Viewing instructions | By Appointment phone Sue 0210 234 8129 |
Property ID# | IJT657 |
Agency reference | Private Sale |
Description
The property offers a total off grid lifestyle. 1.25ha/3acres more or less of very fertile horticulturally zoned land. Half flat to sloping north with magnificent views to the sea and the other half quite steep with a water fall in the top right corner, 4 springs, and a pond near the bottom right corner.
Please when viewing photos, double click on each one to get full size viewing.
Dual assetts are a 33000ltr and a 5000ltr water tank, water pump, and stock yards.
Situated on a quiet no exit rural road. 5mins to town, 6mins to the closest beach (Waiotahe) or river (Waioweka) 40mins to Whakatane.
This land is being sold via a legal contractual agreement without separate title.
Otherwise known as a License to Occupy. You would independently own/occupy your land.
FYI a Licence to Occupy is similar to a lease agreement of 30years. The big difference is that legally you can on sell or leave as a legacy in your will. After 30years if you still own the Licence to Occupy it is then renewed by resigning the agreement. The use of the land is yours to do with as you please, as defined in the agreement and within County Council rules. The agreement is similar to an agreement you would sign if purchasing an apartment or retirement village home.. LTO agreements will become more and more common as Councils curtail rural/urban subdivisions. Why cross lease is no longer available.
An off grid home and or barn dwellings can be built immediately without a separate title.
Save capital with low land ownership price.
Come and live in the beautiful, warm Eastern Bay of Plenty.
Open home times
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