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Kawakawa

1752 Ruapekapeka Road, Kawakawa, Far North

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371.81 haΒ Land area SQM
3Β Bedrooms
1Β Lounges
1Β Bathrooms
3Β Parking

Asking Price NZ$3,300,000 + GST

Β (if any)

Gateway to the Bay of Islands


Prime bull finishing or an excellent grazing block and investment in lifestyle. In just 15 minutes your boat's in the water. This 371ha third generation family farm is a superbly set up bull finishing unit with great return on investment - $1,225/ha gross - previous 3 year average. Centrally raced to 209 paddocks. Designed for ease of management, ample water and two good homes. This farm features a first-rate fertiliser history. The contour would be described as clean hill country with 108 hectares of productive flats for summer fattening. The current stocking policy farms up to 1250 mixed age bulls in summer with a wintering rate of 700. Located on the outskirts of the thriving town of Kawakawa with 23 titles, lovely outlooks and good long road frontages there is plenty of scope for lifestyle development. If you are looking to invest in grazing or drystock, don't miss out - location, contour and multiple returns.
Purchasers may consider additional options including cutting rights on 24ha mature pines plus a 28ha additional block with airstrip.


Alex Smits

Alex Smits


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008
Lin Norris

Lin Norris


Mackys Real Estate Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Contour


108ha productive flats, balance all clean hill country – a good balance of easy rolling to steeper.

Fertiliser


Regular fertiliser and lime applications. Has never missed a year.

Improvements


Two good homes, two sets stockyards plus good array of farm buildings.

Production


Bull finishing. Purchase 300 yearling bulls and take through two winters plus purchase store bulls as required.

Size


371.8075ha in 23 titles.

Water


Excellent and reliable farm supply. H/P to tanks and gravity fed.