Opportunity awaits


236 State Highway 51, Mangateretere

By Negotiation

Download Email
Opportunity awaits | 236 State Highway 51, Mangateretere | 2852999 |      X Close
Image
Description

Opportunity awaits


Offering a large land holding in a prime position, complete with multiple income streams and potential for re-development (subject to council consent), here is your chance to take an opportunity and make your mark. Ideally located between the Karamu Stream and adjoining Golflands Golf Course, the possibilities are endless with this 15.87ha property.

Built with family living in mind, the low-maintenance three-bedroom brick home offers comfort and practicality. A sense of space is created through the open-plan nature of the kitchen, dining and living areas. This is enhanced by the ranch slider opening out from the living area to a covered concrete deck, offering options for outdoor entertaining. The three double bedrooms are well-proportioned. Recently remodelled, the family bathroom has both a bath and shower.

A strength of this property is the many amenities it offers. Shedding is aplenty providing workshop space and ample storage. Situated near the entrance is a two-bay implement shed complete with a lean-to on one side and office space on the other. As part of the 'Funky Farm' you will find a four-bay pole shed and a further six-bay pole shed each with concrete flooring as well as restroom facilities. A large purpose-built office building with storage and an attached double garage is perfect as a business base. Included here is a sleepout with kitchen and bathroom. There is a set of stockyards with load out facility.

The most notable part of this property is the balance of quality land which currently comprises some 6ha planted in grapes with lease income, a further 1ha in viticulture rootstock, also leased, plus a lease on a further 1ha yard space plus the offices. The Funky Farm currently utilises approx. 2ha, there is an option for the buyer to continue this business also.

A property that needs to be inspected to be truly appreciated. Abundant income sources and so much potential.

236 State Highway 51, Mangateretere

Open in map