New Zealand time: 1:57pm Mon, 08 Sep 2008

abuzz Real Estate Limited

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Bare Land

> Apartments
> Bare Land
> Beachfront
> Commercial/Industrial
> Golf Course Estate
> Lifestyle Block
> Outdoor Adventure Property
> Freestyle Residential
> Character Residential
> Rural

A piece of bare land is called a section in New Zealand. A larger block of land (for example 10 acres outside the city) is called a lifestyle block. Sections vary in size and shape. As a general rule hillside sections are more expensive than sections on flat land. A section with sea, an estuary, lake, mountains and stream views is as a general rule more expensive than a section without these features.

Urban sections are within a designated urban area, while lifestyle blocks provide a different option on the fringes of cities and towns and land per hectare is more expensive than rural land.

The inherent characteristics and size of a farm will dictate its use and value.

 

 

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