Overview
- Updated On:
- September 11, 2023
- 3 Bedrooms
- 1 Bathrooms
- 163 m2
Description
Potential - Unique - Coatesville - Land Holding - 115 Acres - Rural
A unique opportunity is now available in Coatesville to purchase a large land lot of 46.6919 ha (115 Acres) with a rural zone, set near other property in this road zoned countryside living.
The picturesque lake on the property was actually an active quarry containing river rock which can be pumped dry and the quarry operation business could continue. The property also has a Quarts pit also covered by the current quarry activity consents.
The current quarry consents are valid until 2026, and allow for unlimited extraction of quarry stone and crushing of stone/rock on site.
The quarry operation ended about ten years ago when the vendors business actively lead him onto other activity.
Included on the property is a character relocated house which was once used as the office with no current CCC and other buildings around the old quarry once used as storage sheds.
The land consisting of 46 ha (approx.) has approximately 10 ha of native bush with palms and large kauri trees while the remainder of the property is the quarry, grazing and Lakes. The perimeter is fully fenced and the grazing land includes old stockyards.
Cato Bolam consultants have suggested that with application should a council zoning change to countryside living in the future that subdivision into perhaps 15 or more lifestyle sections might be possible.
While the current quarry consents are in place the new owner could operate the quarry until 2026 and use the extracted metal to crush and further develop roads in preparation for future subdivision.
If purchased by an individual as a rural property you will have ultimate privacy, beautiful lakes and native bush or land to farm cattle or create a wonderland for horses and just enjoy having the 115 acres of land for your lifestyle pleasure. An added bonus to venture through the back gate into the Riverhead forest tracks beyond add a new dimension to your home adventures.
This property offers huge potential to further develop in many ways, this is truly a unique opportunity to own as a residential lifestyle farm, future subdivision or further develop as a quarry business to invest in the quarry resources on offer.
Contact the agent:
Stephen Hudson
0274 746 774
REA Licensed
Home Real Estate Limited
Licensed REAA 2008
Disclaimer
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