2339A Buckland Rd and 47 Jellicoe Rd, Tuakau, Franklin

Cropping land with development upside

Identified by the Waikato District Council as 'Future Urban' land the two rural titles present an excellent strategic investment with the third 1.8519ha residentially zoned title is ready to develop in the short term. Tuakau has recently see a resurgence in residential activity as other developments in the area attract strong interest from the market.
Currently cropping, onions, potatoes and mustard (for conditioning) marginal areas are grazed by stock, this block of land is irrigated from one main reservoir with consent lodged to take 277 cubic meters of surface water per day.
The soils are volcanic ash over Patumahoe clay/loam and the contour is a mixture of gentle slopes, plateaus and some shoulder land for grazing. There is a small stand of pine trees near the reservoir and some native bush.
The watercourse that traverses the farm has a reservoir that holds approx 10,000+ cubic meters of water for irrigation.
This property is party of a wider portfolio being released to the market from TA Reynolds Limited. The family have put in plenty of hard work over the last 50 years and it is now time for them to take a step back and offer this valuable land holding to the next custodians of this strategic location.