Positioned within the town boundary of Foster is this small acreage parcel of land comprising two separate titles.
An extremely peaceful setting with both undulating and steep land in spots, with some natural bush as well as several cleared areas making ideal options for home sites.
Surrounded by bushland with the New Zealand Nature Hill Conservation Reserve on one side and Farm Land to the rear with views of Foster North Hills making this an ideal place to retreat and explore after a long day. Offering a fantastic outlook, this land is ideal for anyone looking to build a home and have the country feel with town conveniences or potential opportunity to develop into a multi dwelling site (STCA).
The front title comprising of approx. 8700 m2 is zoned General Residential 1 and is accessed from the bitumen road via an easement, has water, sewerage and power available. The adjoining title at the rear, is approx. 5700m2 and zoned Farm Zone, ideal for adding the extra space for a large yard for a few animals, the children to play or to develop into an amazing garden space.
A rare opportunity to secure such a large parcel of land so close to town.
The size of Foster is approximately 116.3 square kilometres. It has 7 parks covering nearly 1.3% of total area. The population of Foster in 2011 was 1,678 people. By 2016 the population was 1,868 showing a population growth of 11.3% in the area during that time. The predominant age group in Foster is 60-69 years. Households in Foster are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Foster work in a managers occupation. In 2011, 74.1% of the homes in Foster were owner-occupied compared with 73.1% in 2016.
Foster has 1,491 properties. Over the last 5 years, Houses in Foster have seen a 55.92% increase in median value, while Units have seen a 59.44% increase. As at 31 October 2024:
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