52 CONCESSION 2 SDR

125.5 ACRES ON HANOVER'S DOORSTEP - INCOME TODAY, DEVELOPMENT POTENTIAL FOR THE FUTURE. A rare opportunity immediately adjacent to the Town of Hanover and directly south of the Hanover & District Hospital. Currently operating as an equestrian facility, the property offers an established use with multiple potential income streams including horse boarding/stall rentals and residential tenancy. The facility, constructed in 2012, features approximately 20 stalls, an indoor riding arena, paddocks, pasture and hay fields; with an approximately 1,600 sq. ft. two-bedroom living space plus gym, lounge and additional functional areas. The Saugeen River winds along the property, adding an exceptional natural backdrop to an already unique landholding. What makes this property especially interesting is its long-term potential. The lands have been studied in connection with Hanover's future growth, and planning investigations have identified residential development potential subject to the required municipal approvals, servicing, environmental studies and settlement boundary/planning processes. Continue operating it. Hold it as a long-term land investment. Explore its future development potential. With approximately 125 acres beside one of the area's primary urban centres, an existing income-producing operation and years of planning work already completed, this is a property worth taking a much closer look at. (id:67197)

Price

$4,500,000

Property Type

Agriculture

Transaction Type

For sale

Bedrooms

2

Bathrooms

7

Parking

20

MLS® Number

X13710430

Interior Size

125 ac

Building Type

Unknown

Bathrooms

7

Cooling

None

Fireplace

No

Interior Size

125 ac

Water

Dug Well

Size Total

125 ac

Size Frontage

1664 ft

Size Depth

4120 ft

Acreage

Yes

Sewer

Septic System

• Irregular lot size
• Paddocks/Corralls
• Barn