+17
Investor or nester?
Lifestyle meets farm support - not your average investment property. Set amongst an attractive 23.6739ha of land that is hidden in between the foothills of the Puhipuhi Plateau and the Kaiikanui River. With income potential as a rental house and from grazing, a potential yield of $35,000 per annum. From a grazing perspective this is prime land with 14.5ha currently planted annually in maize. The alluvial river flats are fertile and productive that would have an exceptional stocking capacity.
As a nestor it is picturesque with the Totara tree-lined river complete with picnic areas and swimming holes. A presentable three-bedroom 110sqm original farmhouse. Amongst the 5ha of native bush is a flat area with a wide-ranging rural view presenting an additional building site? To assist with any development is a good brown rock quarry. A 8x14m implement shed and stock yards and spring water complete the picture.
The wider Hikurangi region is going through a major transformation. Its beautiful countryside, prospering village and proximity to the coast is making it a lifestyle destination of choice! The property is likely to appeal as either a farm support block, aspiring lifestylers or investors.
