A growing investment and lifestyle


163 Waitea Branch Road, Kakahi

Asking Price NZD $1,995,000 + GST (if any)

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A growing investment and lifestyle | 163 Waitea Branch Road, Kakahi | 2900347 |      X Close
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A growing investment and lifestyle


This is a unique opportunity to acquire a thriving, essential service, hydroponic home and income business. Awawhiti Cress is one of only a few commercial suppliers and distributors of watercress and has a large customer base throughout the central North Island supplying restaurants, hotels, lodges and food retailers. Having gone through recent expansion including the addition of a new tunnel house in 2020, doubling production capacity, the timing is right to acquire this growing business!

Complementing watercress growth and distribution is an eager demand for other microgreens and puha, both grown on a smaller scale. Awawhiti Cress is also the only accredited grower and supplier of watercress seeds in New Zealand which guarantees a source of supply and is a future income stream from supplying seeds to other growers.

Situated minutes from State Highway 4 near Taumarunui and in the heart of the North Island it is an ideal location for distribution to surrounding regions. The property encompasses 19,025sqm (more or less) of rural freehold land which is designated as market gardens and orchards. Alongside over 2,200sqm (more or less) of tunnel houses sits a comfortable and spacious 201sqm (more or less) family home with four bedrooms, ensuite plus heated swimming pool and spa pool.

The sale includes land, house and business, including all plant, equipment and delivery truck and will be a turn-key investment. The loyal staff are local and keen to stay on into new ownership. There is further diversification possibility as the house is well set up as a bed and breakfast with separate master bedroom/ensuite. The business could serve as a possible training base for hydroponic growing and tuition.

Although previous hydroponic experience is ideal, the vendors are willing to provide support to a new entrant to the industry as long as you embrace learning and are practically minded.

Contact me now for a comprehensive information memorandum.

Marilyn Wassell

Ruapehu

Licensed under the REA Act 2008

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Jordan Davis

Whanganui

Licensed under the REA Act 2008

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163 Waitea Branch Road, Kakahi

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Marilyn Wassell

Ruapehu

Licensed under the REA Act 2008

View profile

Jordan Davis

Whanganui

Licensed under the REA Act 2008

View profile