Well Located and Versatile

A unique opportunity to purchase a 44 hectare well located and versatile piece of farmland that has land bank potential. \n\nSituated 7km south of the Martinborough Wine Centre with a two storey three bedroom house, a large hay barn and plenty of other out buildings.\n\nThe fencing is in good order and there is a central race leading from Chisholm's Road past the old cowshed to the stop bank situated at the rear.\n\nThe water is sourced from a bore and is pumped from the old cowshed for domestic and stock supply. \n\nIt is subdivided into 19 paddocks, 6 of which are dissected by Chisholm's Road from the remainder of the property and comprise the front portion having frontage to Lake Ferry Road.\n\nA flat contour with some easy undulations rising from the Ruamahanga River to the Lake Ferry Road.\n\nThere are 6 hectares at the rear that periodically flood from both the Ruamahanga and Dry Rivers although this area is protected by a stop bank which prevents the remainder of the farm flooding.\n\nApproximately 13 hectares situated at front of the farm are Tauherenikau stony silt loam - a soil type that is suitable for viticultural. \n\nThe remainder of the land is good quality flats of a heavy nature supporting a good quality rye grass white clover dominant pasture sward.\n\nThe diverse nature of land and soil type situated within the block lends itself to a variety of end uses in either intensive sheep and beef finishing, cash fodder cropping, dairy run-off or development as a vineyard. The extensive road frontage offers subdivision opportunities.\n\nThis property has land bank written all over it.\n\nQ.V. $1,100,000 (01/09/11)\n