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)
5
2
205m2
73.15ha
