Positioned on the edge of the Outram township this 5.28ha lifestyle property has a strip of residential council zoning and is currently being farmed as a market garden.
Parcels of land like this rarely become available in this highly sought after town.
In two titles the property has the potential as per draft scheme plan (Subject to resource consent) to be subdivided into eight residential sections (1000 square metres to 1200 square metres), plus one or two very desirable lifestyle blocks with attractive building platforms, plus the existing house block or could equally continue with the 5.28ha and homestead.
The front residential zoned sections on Formby Street are located opposite the rugby grounds. Full services close by making the development costs very attractive.
Outram is well known for its warm micro-climate and is continuing to increase in popularity as an appealing residential area with the addition of cafes and other town services.
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5.28ha
