You Choose The Opportunity

This is an opportunity to either build your dream home in a dream location or to complete the subdivision. The property, known as Stage 2 of Katania Heights, represents approx. 14ha of Residential Zoned land predominately in grazing, the bulk of the land is accessed off the end of the Katania Heights road with gently sloping ridge tops offering incredible views of mountains and plains. This block offers incredible sun and unimpeded 270 degree views and is the perfect place to build your dream home surrounded by your own piece of paradise. Resource Consent to subdivide into 16 residential sections is in place and the sales of the residential lots in Stage 1 have been very successful with over 80% of the sections sold and a large number of new homes already established. This is an outstanding opportunity for a forward looking person whether it be the development opportunity or for a lifestyle block, either way, the choice is yours.

LOCATION:
The property is located adjacent to the village of Brightwater and just 8 km from Richmond.

PROPERTY DATA:
Size: 14.6198 ha (36 acres)
Rateable Value: $470,000
Certificate of Title: 578558, Lot 105, DP452456
Current Rates: $2,092.11
Resource Consent RM50594 to Subdivide into 16 Residential Sections Expires 21/08/2016
Address: 31 Katania Heights, Brightwater

SITE DESCRIPTION:
Predominately in grazing, the bulk of the land is accessed off the end of the Katania Heights road with gently sloping ridge tops offering incredible views of mountains and plains. There are some steep hillside areas to the West and East of the property and there is an old building site at the bottom of the hill.

SERVICES:
The property comes with 1 unit of 88 Valley Water Supply.
Stage 1 of Katania Heights Subdivision has been built to handle some services for Stage 2 should it be subdivided.

TERMS OF SALE:
For Sale by Tender
Closes 5pm Thursday 4th September 2014
Ray White Richmond, 257 Queen Street, Richmond

This is an outstanding opportunity for a forward looking person whether it be the development opportunity or for a lifestyle block, either way, the choice is yours. Contact Grant Chaney or Brent Palmer today for an information pack.