Lot Lot 500, Rakaia Highway, Rakaia, Ashburton
Price on Application
109,961m2
10.9 ha - State Highway One - Industrial zone
Vendors motivated to sell. An opportunity to annex to the growth in Rakaia and the wider Mid Canterbury area. The cereal, seed and vegetable bowl of the South, the rural economy pumps away below the radar and consistently underpins the economy. Irrigation has brought diversity, increased productivity and almost total reliability to Mid Canterbury. No matter the value, the volume of crops need to processed and store resulting in demand for centrally located Ag Commerce facilities. Rakaia sits central to this on State Highway One and adjoins the main trunk railway line (there may be some potential for a rail siding in the future). Price follows May 2023 Registered Valuation. A lot of the preliminary work re; connecting to services, roading and power has been completed. The development envisages a "green subdivision" with solar and wind discussions underway enabling lower costs for operators.
Lot Lot 500, Rakaia Highway, Rakaia, Ashburton
Web ID
AC169445
Land area
109,961m2
District rates
$5,921.10pa
Regional rates
$1,465.08pa
LV
$2,750,000
RV
$2,750,000