Roxburgh orchard now greenfield opportunity
A large-scale landholding in Central Otago is for sale, offering developers the opportunity to secure a premier location for their next major project.
217 Scotland St, Roxburgh, is a
10.8248ha freehold site spread across three separate titles and predominantly zoned for residential use.
The property currently has a small orchard on-site and a 150sq m threebedroom home that could provide holding income as the new owner works through the planning phases of any future developments.
Located at the southern end of Roxburgh with road frontage to Scotland S, the property is moments away from local businesses, educational facilities and eateries.
Roxburgh is 41km from Alexandra,
48km from Clyde and within 130km of Queenstown and Dunedin’s airports.
The site sits across from the Roxburgh golf and rugby clubs, while there’s a range of recreational activities in the surrounding area, including hiking, biking, and water skiing.
Colliers rural sales advisers Ruth Hodges and Greta Mason are marketing the property by deadline private treaty closing at 4pm on Friday 16 December, unless sold prior.
The property is currently home to Johnson’s Cottage Orchard and Fruit Stall, a small family orchard that has been growing fruit for over 100 years.
Fresh fruit, homemade condiments and preserves, dried fruit, nuts and other local produce are sold from the roadside stall, offering an alternative source of income until resource consent is approved and subdivision works begin. The vendor would potentially consider a short-term leaseback arrangement.
Hodges says with the ability to secure holding income through the orchard and house, the new owner will be able to strategically plan future moves to maximise the value of this outstanding offering.
“Approximately two-thirds of the site is zoned Residential Resource Area with the remaining third zoned Rural Resource Area, and part thereof in a Significant Amenity Landscape area,” Hodges says.
“Subdivision development is subject to resource consent approval under the current Central Otago District Plan. The site has been previously approved for a subdivision development for 55 sections but that has since lapsed.
“The property has accessibility to all available services, including power, water, sewerage, and fibre. The Roxburgh Area School, which has students on the roll from Year 1 to 13, is nearby.”
Mason says Central Otago has seen significant growth in recent years as people have sought the laidback lifestyle or frequented the area on holiday.
“Central Otago is characterised by the lowest rainfall in New Zealand regardless of season. It also has low humidity, a good number of sunshine hours, and consistent weather systems with hot, dry summers and cold, frosty winters,” Mason says.
“There’s a wide range of appealing outdoor activities on offer in Central Otago and with Lake Roxburgh on the doorstep future residents will be perfectly located for fishing, boating activities, and water sports.”