Premium Finishing Property
Belgrove
Sold
430 Wai-iti Valley Road, Belgrove
This quality grazing unit consists of 73.15ha in one title of flat fertile river flats. Bordering the Wai-iti River there is an excellent water right allowing multiple cuts for supplement production and making the property ripe for horticultural development. Currently run as a dairy support unit, the property is leased out for a good return until 1st June 2025 with a separate residential tenancy operating on the homestead. A substantial five-bedroom house, with a double garage, is sited in a sunny yet private position and is also currently rented out. Farm improvements are of a good standard and include cattle yards, an implement shed, a workshop, and a haybarn.
Reasonably rare these days, blocks with a bit of scale, water, and a contour that allows full utilisation, just on the edge of the Waimea Plains. The great thing about this property is that it has all the ingredients necessary for a wide range of options, let alone a good land banking investment.
Contact the agent for the Information Memorandum and a viewing.
For Sale by Tender
Plus GST (if any)
Closing 2.00pm, Thursday 24th August 2023
(Unless Sold Prior)
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.
5
2
205m2
73.15ha
