A large, classic Hawke’s Bay sheep and beef property with scale, excellent productivity and subdivision option is for sale.
Pukekura, located 22 kilometres south of Havelock North 35 kilometres north east of Waipukurau, and bordering the Tukituki River, comprises 596 hectares. It is offered to the market by Mark Johnson of PGG Wrightson Real Estate, Hastings, in a joint listing with colleague Paul Harper. Mark describes the farm as one of the district’s finest.
“Farms of this scale and quality so close to the main centres are seldom available for sale.
"Pukekura, on mainly rolling and medium hill, with some flat and some steep hill country, is largely used to trade and finish steers and lambs.
“To be as well regarded as this one is, a farm needs to tick several boxes. For Pukekura, that includes an executive style home built in 2005 on an elevated site; expansive views up and down the highly regarded Tukituki River valley; a benign warm microclimate allowing for winter trading options; a five year old water system using a bore and springs, a storage tank to the top of the farm and gravity feeds to stock troughs; and a multitude of utility buildings,” he says.
Lifestyle blocks between the property and Patangata above the river indicate considerable scope to replicate this on Pukekura, with plenty of potential sites inviting subdivision.
“This is a recognised lifestyle locality in reasonable proximity to Havelock North. Pukekura has several elevated sites overlooking the river that could be developed with a negligible impact on farm profitability. Since the cyclone, anyone considering lifestyle subdivision has been mindful of the flooding risk. These sites are high enough to be safe from that concern,” says Mark.
Pukekura is situated in one of the country’s most favoured sheep and beef districts.
“In normal seasons stock numbers traded and finished include 680 to 810 two year old steers, and 3,000 to 3,500 lambs. A strong east-west aspect, with the main ridge running through Pukekura, provides plenty of sheltered lambing sites, while plenty of tractor country to produce significant volumes of fodder crops, and the scope to update fencing and renew the fertiliser programme, will provide a new owner of Pukekura with options to extend productivity,” says Mark.
A contemporary rural homestead set on a north facing site with a spectacular outlook, the main dwelling features large schist columns, plus copper spouting and downpipes. Four further dwellings include three that are currently tenanted.
Mark Johnson says his vendor will consider selling a mix of titles.
“Scenarios such as all the land above the road, or the entire property excluding the main home as examples.
“Pukekura presents as a substantial and well located canvas for its next custodian’s farming aspirations. As such, it will create interest among existing farmers, including neighbours and corporates. Creating a title and retaining the main dwelling is also a consideration.
“After the cyclone, and with interest in property for forestry on the wane, we are into a different phase of the local market. This is a high-quality farm in an excellent location. It will attract considerable interest.”
Pukekura bounds the Tukituki for approximately 2.3 kilometres, including access to the river. Flowing 117 kilometres from the Ruahine Ranges, passing through Waipukurau and out to the Pacific Ocean at the southern end of Hawke’s Bay, the Tukituki River features cycling trails, some of the region’s most spectacular views, and tributaries that provide a wide variety of fishing with a large population of wild rainbow and brown trout.