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Bayleys Napier ERL, (Licensed: REAA 2008)
Kerry Geange Kerry Geange

1747 Korokipo Road, Fernhill

Price by negotiation

Listing Description

Listed: Wed, 5 Jun

Hawke's Bay lifestyle with income

1747 Korokipo Road, Fernhill, Hastings, Hawke's Bay

Price by negotiation

Details

  •   109381m² Land
AttributeValue
Property use
Development site
Agency reference
2802690

Description

  • $123,364 rental income from two strong tenants
  • 10.9ha of Hawke's Bay productive soils with CV $3.19m (July 2023)
  • Exceptional lifestyle opportunity - bring your builder!

An exciting rural lifestyle and income opportunity combining the best of Hawke's Bay - productive land, views, upgraded plant and an A-grade tenant.

Award winning beverages company, primary tenant Zeffer Brewing Limited, continue their growth around the world, and have co-invested even further in this exceptional productive package in their production, packing and warehousing on-site.

Current rental of $123,364 plus GST and in-built rental growth. A recent capital investment by the tenant in the new 1,000sqm (approximately) warehouse provides additional investment opportunity for the purchaser (currently tenant-owned).

The production orchard providing apple and nectarine varieties is leased to an experienced local grower, with options available to the purchaser.

Bring your plans and pick your house site, or keep collecting the income - the choice is yours.

An investment and lifestyle in New Zealand's fruit bowl you will be proud to own.


Map




Bayleys Napier ERL, (Licensed: REAA 2008)
Kerry Geange

Kerry Geange


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Agent's details

Kerry Geange

Kerry Geange

Jodie Woodfield

Jodie Woodfield

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Bayleys Napier ERL, (Licensed: REAA 2008)

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