Ohoka
119 Baileys Road, Ohoka, Waimakariri
Offers/Enquiries Over NZ$500,000 + GST
(if any)
Entry level opportunity to farm
For Sale
The Vendor invites offers over $500,000 plus GST (if any).
This is an opportunity for an enterprising purchaser who is looking for an add on block or a first farm proposition. On offer is the sale of the lessee's interest in 47.2218ha of Environment Canterbury lease land at 119 Baileys Road Ohoka.
The leasehold interest offered for sale is flat to undulating land and includes the old Eyre Riverbed and comprises a mix of Leeston shallow clay, Waimakariri silt and Ayreburn soils. Subdivided into thirteen paddocks in a mixture of pasture, barley and new grass, water is supplied from a well to troughs plus there is a concrete silage bunker and five bay hayshed. As an overview, the underlying lease has a 21 year term, 7 year rent reviews and a perpetual right of renewal if the obligations of the lessee under the lease are met. Further details of the lease are available through the link at the end of this page. The current lessee's interest in this lease is what is being offered for sale and the lease can be assigned to a new lessee.
Please copy and paste this website address into your internet browser to download the property files:
http://www.propertyfiles.co.nz/5519911
Dean Pugh
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Brook Yates
Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Within easy access of the city and existing infrastructure
Options
Take up the lease or just purchase the leasehold - or combine to give some scale
Options
An add-on to give growth or a chance to get started on a cattle, sheep and crop property
Land area
47.2218 hectares (more or less)
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