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:4069)
Address
52 CONCESSION 2 SDR
List Price
$4,500,000
Property Type
Agriculture
Type of Dwelling
Unknown
Transaction Type
Sale
Area
Ontario
Sub-Area
Brockton
Bedrooms
2
Bathrooms
7
Floor Area
125 Sq. Ft.
Lot Size
125 Sq. Ft.
Lot Depth
4120 ft
Frontage Length
1664 ft
MLS® Number
X13710430
Listing Brokerage
Real Broker Ontario Ltd.
Postal Code
N0G2V0
Zoning
A1 | EP
Parking Places (Total)
20
Site Influences
Waterfront
Features
Irregular lot size
Appliances
Dryer, Water Heater, Microwave, Washer
Cooling Features
None
Other Structures
Paddocks/Corralls, Barn, Barn, Barn
Water Source
Dug Well
Sewer
Septic System
