Lot Lot 502, Thompsons Track, Rakaia, Ashburton
Price on Application
42,738m2
4.27 ha - Rakaia industrial zone adjoins township
A larger scale development opportunity adjoining the Rakaia town boundary fronting Thompsons Track, the main arterial route to the MacKenzie Country and Central Otago. Mid Canterbury is widely recognised as the cereal, seed and vegetable bowl of the South. The rural economy despite any up or down in product value, still has the volume of crops to be processed and stored. Irrigation has brought diversity and increased reliability to Mid Canterbury. Agricultural Commerce and servicing has boomed as a result. Rakaia sits centrally to that dynamic. The price follows a Registered Valuation of May 2023. Much of the preliminary work for subdivision has been completed. The owner is motivated to sell and has a vision for a "green subdivision' and there is the strong possibility of solar and wind power being available.
Lot Lot 502, Thompsons Track, Rakaia, Ashburton
Web ID
AC169447
Land area
42,738m2
District rates
$4,046.54pa
Regional rates
$945.93pa
LV
$1,710,000
RV
$1,740,000