Palmerston - Sub-dividable lifestyle or carbon forestry option

Description

Property Brokers offers for sale this 20.0188 ha planted forestry property located at Shag Point Road, East Otago. This Rural General Zoned property has the added bonus of the potential to be subdivided into 4 ha lifestyle blocks (subject to appropriate consents), with several beautiful building sites.
The property enjoys elevated sea views to the north and daylong sunshine hours.
This excellent family investment property was seeded with GF19 Pinus Radiata seeds in 2019. The property consists mainly of a gentle contour making it ideal for silviculture and harvesting.
The property is included in the ETS scheme which will provide income in the future.
This is a great opportunity for family investment or lifestyle blocks alike.