Mortgagee Auction - Farmers, Developers - 52 ha

Lake Heaton Development is being offered for sale as the entire block of 51.6562ha, it is well suited to farmers and developers. Located on SH3 and an easy drive to local towns and about half an hour from Palmerston North, the property sits prepped ready to be taken to the next stage. For the developers, the hard work has been done. It is currently divided into 4 titles, with a further 5th title approved subject to final survey. With 3 of the blocks bounding onto a 14ha private lake, there is a remarkable opportunity to take advantage of the potential in this lovely location and outlook. Each of the five blocks has their own special features, with awesome building sites and outstanding potential.
• Block 1- Bareland approx.-7.4ha
• Block 2- Large high stud steel portal shed, lake views on approx.- 7.3ha
• Block 3- Sheltered sand country block with Lake views approx.- 14.6ha
• Block 4- Homestead and large stable complex, lake access approx.- 10ha
• Block 5- Cottage on approx.- 12.33ha

For sale by Mortgagee Auction on 25th November at 2pm in the Cooperage Conference Room, The Cooperage, 723 Main St, Palmerston North

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