This property is a mainly south facing lot that is wide as it is long; the gem of all five lots with a bit of everything; quiet; a very gentle sloping, fertile center; firm stone around sides for building or quarrying; grand 100+ year old trees; fruit trees; views; subtropical forest; Caledonian Pines; protected garden area; and enough land to spread out with picnic areas, gazebo, and horse jumps. It even has a small area for green electrical wind generation due to the rock cuts on the north-east side. The zoning is Res2 with greater than half of it without any conservation overlay if combined with Lot 1 to get 3.2 acres. The conservation overlays are agricultural and woodland reserve on the southern half. It is estimated to have a maximum building capacity of 17 units for this lot. Area totals 1.156 hectares which is greater than 124,400 square feet. The property has the potential for a boutique garden hotel that makes the most of the Riddles Bay Views to the northwest, the green energy possibilities, the former well for water demand, and the steep hill to the south for a waterfall feature, with winding paths for residences to have solace. This property is near, a major grocery store, a wholesale and supply store, restaurants, gas station and major bus routes. If you have any questions or want to view the property please contact the listing agent.
Brokered And Advertised By: Hasan Durham Realty
Listing Agent: Hasan Durham
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 6.50%, 30% deposit over a 25 year period.