Description: Acreage lifestyle / Land Banking
This property is beautiful, on a perfectly flat land. Have your family farm for a few years and develop in the near future when services will be around.
Please call us for an inspection, you will not be deceived.
Future potential subdivision when services will be near:
22,500m2 less road access 20% = 18,000m2
If we consider an average block size of 400m2, this gives us a total of 45 blocks.
At the present price of minimum $350,000 per block (including GST), it gives a total turnover of $15,750,000 including GST (or 14,318,181 + GST).
Again, this will be possible only when sewer and town water will reach closer.