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PGG Wrightson Real Estate Ltd (Greymouth), (Licensed: REAA 2008)

Shellback Road, Blackball

Asking price $550,000 + GST (if any)

Listing Description

Listed: Mon, 12 Feb

Lifestyle and Forestry Investment

Shellback Road, Blackball, Grey, West Coast

Asking price $550,000 + GST (if any)

Details

  •   59.45ha Land
AttributeValue
Property use
Forestry
Agency reference
GRE39138

Description

Escape to the Grey Valley in this secluded hideaway, a property that is so serene and peaceful. With 59.4 hectares of West Coast bush, this property will not disappoint. Around one third is in varying sizes of pine planted in the late 1990s. A portion of these pines have been registered under the Emission Trading scheme generating an income. The remaining bush is in native. There is a stream running through the property and it is well tracked. With elevated cleared sites that would make for a perfect spot to put that off-grid cabin giving beautiful views looking out over the Grey Valley and/or the Paparoa Range. One very special thing about this property is that the current owners allow the Paparoa Trust that they can settle Kiwis on the property. This property is well worth considering and would be an excellent investment property whether the pines are left to grow to their full potential, harvested or subdivision into lifestyle properties. Many options would be available and this property is full of benefits.


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PGG Wrightson Real Estate Ltd (Greymouth), (Licensed: REAA 2008)

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