Description
The property is situated at Etatoko (part of) Subdivision Lot 1 along an Access Road off Kings Road, Ba.
It is a residential Agreement for Lease through the TLTB with an area of 941sqm.
Currently, the agreement for lease is for 50 years however, the land has been surveyed and the application lodged for a registered lease- 99 years lease.
The lease should be available in two months’ time.
The property is under Ba Town Council.
All developments are controlled by the Director of Town and Country Planning through the office of the Ba Town Council.
Surrounding developments comprised mainly of Rural Residential Dwellers and small farm holdings.
All usual services like WAF–water, Sewer, FEA power and communication network system is available and connected to the site.
Flood-free area.
All amenities like Shopping centres, Post offices, Banks, Primary & Secondary Schools, Recreational Facilities & other comprehensive services are available within 5 minutes away from the subject property.
Erected on site is a single-storey concrete building which has 2 bedrooms with built-ins, a spacious lounge, dining, 2 kitchens with built-ins, a separate toilet and bathroom, a laundry area, and a Bulk with a front porch.
The engineer’s certificate and Valuation Report is available. The current market valuation given is as:
$198,000.00 – (Subject to current 50 years Agreement for Lease)
$265,000.00 – (Subject to New 99 years Registered Lease)
The market value and demand for properties around Ba are high and are evident with new developments coming around the subject property. The property has good resale prospects being a newly21 established subdivision.
