This farm is one of Mangawhai's best-kept secrets!
35.5 hectares or 87.2 acres (more or less) of strategically positioned grazing land with a house, barn and a great water supply very close to town.
Spread across three titles, this prime property is just minutes from Mangawhai township, Mangawhai Central development, stunning surf beaches, and internationally renowned golf courses. It's an ideal acquisition for those with a vision for the future. Landbank, lifestyle, or develop, and the farming family want this property gone and have dropped their asking price to $2.9 million (no GST).
Under the Kaipara District Council's Draft Spatial Plan and the Council's Exposure District Plan, also in draft form, this property is earmarked for future rural lifestyle subdivision. With its long road boundary, it stands as a perfect candidate for future development in one of the country's highest growth areas.
The property predominately faces north with large stands of bush with no covenants, helpful when considering subdivision or perfect to enjoy as a family.
A two-story, three-bedroom board and batten home, built 40 years ago, sits in mature grounds. The property has been used for many years to run horses and there is a Macrocarpa timber barn with stables near the house and stock handling yards.
Whether for equestrian enthusiasts or grazing sheep and cattle, the farm is well equipped, with a reliable bore supplying water to all 12 paddocks and the house.
Development options could include utilizing the existing plans for boundary adjustments on the three titles, preserving the majestic stands of uncovenanted native bush and wetland areas, or doing due diligence on a lifestyle subdivision.
This is a must-view property, offering income potential through continued rural activities while you explore its full development opportunities.
Call us for more information or viewings.