3.2 ha Land available in Alverstone
Prime Development Opportunity Vacant Land with Existing Structures and Water Rights
Set within beautiful natural surroundings, this unique property offers the opportunity to create something truly special. Comprising two adjoining portions of land sold as one, it is ideal for buyers dreaming of space, privacy, and a peaceful lifestyle away from the city while still presenting excellent long-term investment potential.
One portion features valuable water rights together with a historic windmill dating back more than 100 years. The water has been tested and confirmed suitable for human consumption, providing both practicality and sustainability for future plans.
The second portion enjoys elevated positioning with sweeping views over the surrounding countryside, offering the perfect setting to build a dream home, weekend retreat, or lifestyle farm.
Existing structures on the property include:
A thatched main house with 2 bedrooms, 1 bathroom toilet and shower, kitchen, lounge, and loft area. The home will require significant renovation or rebuilding.
A rondavel outbuilding previously used as a laundry, with an outside toilet.
A separate cottage offering 2 bedrooms one with built-in cupboards, 1 bathroom toilet and shower, kitchen, lounge, and enclosed verandah. This dwelling was previously rented but also requires refurbishment.
For the right buyer, this property offers a rare chance to restore, rebuild, and reimagine a countryside haven surrounded by nature, fresh air, and open skies.
Whether you envision a private family retreat, small farm, equestrian property, or a peaceful escape from busy city life, the possibilities here are truly exciting.
Viewing is highly recommended to experience the setting, tranquility, and potential firsthand.
Property Features
Two portions of land sold together
Water rights with historic windmill
Water tested and suitable for consumption
Beautiful countryside views
Thatched main house requires extensive work
Rondavel outbuilding with outside toilet
Separate cottage requires refurbishment
Ideal for lifestyle living, retreat, or investment
Property details
- Listing number T5406335
- Property type Residential Land
- Listing date 27 Feb 2026
- Land size 3.2 ha