Make Money In Bacon Country

Property listing ID: 452059

Bedrooms
5
Bathrooms
3
Garage
2
Covered parks
2
Land area
3.633ha
Price / method
Sold June 2012

9 acres in Pokeno opposite the current subdivision being implemented by the Dines Group, is on the market! Section sizes to 2500m² are permitted now but once the new sewage system is up and running, sections sizes can go down to 450m². The property itself comprises of one 5 double bedroom, 3 bathrooms and 3 living areas 400sqm home and a second home with 4 bedrooms and one bathroom permitted as a workers cottage. In addition is a huge 80 x 40 foot barn plus yards. However, please note that the owners are asking for a price that includes the potential to subdivide not just as a lifestyle block. The potential, based on similar sized sections for sale at the moment, is between $200,000 and $250,000 per section. So buy now before the market starts to move again, subdivide and make some money in Bacon Country.

Listed by Barfoot & Thompson , Cherry Cooper (Papakura)