Otane

3 Bedrooms1 BathroomID WL193180

Ten out of ten for opportunity!

On a scale of one to ten for opportunity this is definitely a ten! 2.38ha (5.88 acres) on the edge of the Otane village - yes you heard right, a property of this scale in Otane is extremely rare! The majority of the property is residentially zoned, with the end of one paddock crossing over to rural zoning, creating so much scope with this property that will definitely get your brain ticking. A 1950s three-bedroom home sits at the front of the property and with a bit of a spruce up will transform into a great family home or rental property. The garden is full of beautiful established trees which extend throughout the property and with well fenced paddocks, town water and a three-bay implement shed you can create your dream lifestyle property with all the conveniences of living in the village or get let your property development flair take over and investigate transforming this land into an exclusive development. Otane is a thriving village, a short commute to the larger centres and the stunning coastline and packed full of all the amenities you need and fun for all ages, including a great primary school, arts centre, cafe, store, pub, playground and award-winning sports club. This property is one of a kind and not to be overlooked.
Features
Area | 131.00m2Land | 2.38 hectares(5.88 Acres)Rates | $7,270.53Regional rates | $569.89LV | $1,140,000RV | $1,390,000
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James Hamilton

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James Hamilton
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