ASK GREG | Does a water license add value?

𝗔𝗦𝗞 𝗚𝗥𝗘𝗚 | 𝗗𝗢𝗘𝗦 𝗔 𝗪𝗔𝗧𝗘𝗥 𝗟𝗜𝗖𝗘𝗡𝗖𝗘 𝗔𝗗𝗗 𝗩𝗔𝗟𝗨𝗘?💧

When buying or selling acreage in the Hawkesbury, access to water can be a significant consideration.

But does having a water licence automatically make a property more valuable?

Not necessarily.

The type of licence, its conditions, permitted water use and the needs of potential buyers can all influence its value.

For some acreage buyers, particularly those looking at farming, horticulture or other agricultural pursuits, secure access to water can be a major attraction.

It’s another example of why not all acres are created equal.

I’m Greg Vincent from McGrath Hawkesbury.

𝗥𝗲𝘀𝗶𝗱𝗲𝗻𝘁𝗶𝗮𝗹. 𝗔𝗰𝗿𝗲𝗮𝗴𝗲. 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲.

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