Mortgagee Tender

This 29.7968 hectare property just off State Highway 1 at Te Kauwhata should be seen as a tremendous opportunity for the prudent investor, developer or farmer.
The property has traditionally been growing grapes with approximately 20 hectares still in vines although most are expired with the post and wire support structures still in place. Approximately 6000 posts and many kilometres of high tensile wire are being included in the sale. The contour is mostly gentle rolling with an elevated aspect.
A large enclosed implement shed with three phase power and workshop facilities provides a spacious and secure machinery storage and working area.
The property is well served with water reticulation from both county and bore supply.
A 38 lot rural residential subdivision plan has been consented by the Waikato District Council which is currently in two tiles - 14.4760 hectares and 15.3208 hectares on either side of Vineyard Road, a quiet no exit road overlooking the countryside.
Over recent years Te Kauwhata has undergone a huge influx of activity with the Hampton Downs race track, the Transfer Station and the Detention Centre all nearby. With its central location to Auckland, Hamilton and the Coromandel this property provides a genuine number of options.
The instructions from the bank are crystal clear - SELL - so the opportunity is now clearly in the hands of the buyers.