Sold $800,000

5 BED ·  2  Bath ·  12  PARKING

Land rich site of 3.748 hectares within well regarded and convenient rural-residential area improved by large unrenovated house and significant hot-house and agri-business infrastructure. This property offers significant lifestyle value-add and income generating options.

Offered to market for the first time, this is a property of many parts:

• Large land holding, enjoying expansive district and ocean views, whilst being set back on a quiet internal allotment.

• Spacious five bedroom, two bathroom residence in need of renovation. The generous free-flowing floor-plan incorporates: five bedrooms, eat-in kitchen with walk in pantry, laundry, formal dining room, formal lounge room with sliding door access to concrete deck, separate toilet, large bathroom, exceptional storage, large garage-work shop with toilet and an adjoining in-ground swimming pool within steel framed glazed enclosure.

• Two commercial grade hot-houses in need of renovation, providing for a total floor area of 1,790 m². In times past these have been utilised for commercial production of tomatoes, carnations, strawberries, etc. Genuine potential to reinstate this facility and capitalize upon demand for fruit, vegetable and flower products.

• Secure workshop with floor area of 75m² and an additional adjoining cool-room.

• Additional shedding and dedicated strawberry growing infrastructure.

The property occupies a popular and convenient position, close to Lauderdale primary school and child care centre, Hill Street Grocer, local shops and easy access to incredible beaches and waterways.

Rich rewards await for those with energy and vision.

Note: Property is being sold on a walk-in walk-out basis inclusive of all pumps, tanks, irrigation and other farming, building and other miscellaneous materials on site.

Outgoings:

Council rate: $ 2,448 p.a. approximately

House area: 516 m² approx

Land area: 3.748 ha approx