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PGG Wrightson Real Estate Ltd (Rotorua), (Licensed: REAA 2008)

2230 Pokairoa Road, Galatea

Asking price $4,950,000

Listing Description

Listed: Thu, 19 Sep

Winter Milk, Graze or Forestry

2230 Pokairoa Road, Galatea, Whakatane, Bay Of Plenty

Asking price $4,950,000

Details

  •   256.43ha Land
AttributeValue
Property use
Dairy
Agency reference
WHK40187

Description

The Galatea basin is a small rural settlement located under the Te Urewera Ranges and known for its productive dairy land surrounded by natural attractions including the internationally known trophy trout producing Whirinaki River, the nearly 50,000 hectares of Kaingaroa Forest and the symbolic Te Urewera National Park.

Available as a full winter milk - going concern, 2230 Pokairoa Road with its 256 hectares, in five titles offers a diversity of land uses and with the conversion now in its fifteenth year out of trees and into pasture, the property is just hitting its straps.

Longevity of environmental compliance and resource consent, along with modern, well-maintained improvements including a 30ASHB with ACR's and a 360 cow yard, eight bay implement shed - two bay lock up with concrete floor, two three-bedroom homes and a self-contained single person cottage, there is lots of potential upside here.

With 30 hectares (more or less) planted in four year old radiata pine, and conveniently located right on the Kiangaroa forestry boundary with its heavy transport and rail hub, the property is well positioned if a change of land use into forestry is a consideration.

Astute investors will see the opportunity, call Phil today to send an Information Memorandum.

Plus GST if any.


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Property Files

Phil Goldsmith

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PGG Wrightson Real Estate Ltd (Rotorua), (Licensed: REAA 2008)

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