2775 Mangapoike Road, Whakaki, Wairoa

Scale, rainfall and multiple income opportunities

A rare opportunity to purchase significant hill country scale in an excellent high rainfall location, at very affordable value per hectare.

Te Puna Station is 1,594 hectares located 37 kilometres north of Wairoa. Currently carrying approximately 9,500 stock units, the farm has also diversified into manuka development, with 80 hectares of high UMF manuka due for honey production in 2019, forecasting strong returns, initially planted under government subsidy.

Development has resulted in excellent access throughout the farm, improved subdivision, weed control and currently under construction is a new main homestead.

An excellent farming climate, annual rainfall over 2 metres whilst also benefitting from early seasons, a good mix of aspect, with the majority of the farm lying below 450 metres. The farm is ideally positioned as a breeding block to support a finishing operation or expand on the planting projects to further generate diverse income streams.

Rarely found hill country scale, at an affordable per hectare value. The vendors are focusing on other projects and want this property sold. Call now to inspect.