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Central Otago Median Price
Central Otago Median Rent
Bannockburn rent price
Central Otago schools
A154 Cairnmuir Road, Bannockburn
$450,000 listed in Jul 2016
Section:
Land size: 11,700 sqm
Agent: Edinburgh Realty Ltd Cromwell

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Property Description:
Located on a sunny and warm terrace overlooking the Cairnmuir Inlet of Lake Dunstan. This established Olive Grove of 1.16ha offers a new owner their choice of a building platform, from which you could seek privacy amongst the olives or build upwards, to capture the most of what is a magical view down the length of the Cairnmuir Inlet. With access off a private/shared driveway, the Olive Grove of approximately 380 trees produces 400 to 500kgs annually and is well laid out to screen a new build from existing neighbours. Cash flow from the crop could give ongoing returns to a new owner, or press your own oils. A garage on-site is a good starting point and together, the assets of this 1.1672ha property offer a host of opportunities that is hard to beat. With lakeside amenities at hand, ski fields nearby and Bannockburn township close by, this developing area offers excellent living options and growth.

Access to the property is via a private road -right of way so please call the agent for an appointment to view.
Recent sales:
AddressDatePrice
13 Panners Cove LaneApr 2022$2,200,000
Lot 12 Hawksburn RoadNov 2020$425,000
Lot 2 183 Hawksburn RoadJun 2018$360,000
Lot 1 183 Hawksburn RoadJun 2018$360,000
Lot 22 Terrace StreetFeb 2018$240,000
>>More records

The property data is from the public websites.

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