74ha of top grazing land - deceased estate auction


404 Old Bay Road, Waimate North

Auction

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74ha of top grazing land - deceased estate auction | 404 Old Bay Road, Waimate North | 1001072 |      X Close
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74ha of top grazing land - deceased estate auction


THIS PROPERTY HAS SOLD AT AUCTION.

Good size grazing blocks in the central Bay of Islands don't become available very often, and this one is seriously for sale.

The land is 74.9 hectares and is in a popular area surrounded by other high quality farms. It is only a 13km drive to Kerikeri and is in the Kerikeri High School zone. The boat ramp at Waitangi and the other attractions of the Bay of Islands are also only a short drive away.

An underground spring supplies water, pumped to a header tank, and then gravity fed to troughs (an electric water pump comes with the property). Cattleyards and a holding paddock are near the road and the Kaikohe saleyards are only 17km away. The property also has a one bedroom timber cottage.

Subdivided into 21 paddocks with a mix of permanent and electric fences, and reticulated water to troughs, the property wintered 136 breeding cows and four bulls last year. The current stock policy of breeding cows under a rotational grazing system has improved pasture quality with opportunity for the new owner to change stock policy to suit, e.g. runoff for dairy farming, beef fattening, or bull unit.

Keep the property as a grazing block, or maybe draw up some plans to build your dream home.... there is great potential with this block.

CV $1,200,000.

404 Old Bay Road, Waimate North

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