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Listing Description

Listed: Mon, 31 Oct

First Farm with Forestry/Carbon Potential

173 Luttrell Road, Waimana, Whakatane, Bay Of Plenty

Asking price $2,350,000

Details

  •   195.36ha Land
AttributeValue
Property use
Forestry
Agency reference
RX3465600

Description

Located South of Waimana in the Eastern Bay of Plenty and having a titled area of 195.36 hectares this farm provides the perfect and affordable opportunity for a start into farming. The property is currently fattening bulls and would be an ideal starter block or an addition to other fattening units.

Having easy to moderate terrain, good rainfall, and high sunshine hours the property provides abundant grass and tree growth. Extensive pest and weed control and fertilizer applications have seen the property respond well from its previous land use as forestry.

Natural springs provide stock water and central yards complete with head bail provide easy stock handling. The farm is well tracked with vehicle access to most parts of the property.

Bounded by native forest the property offers hunting opportunities along with possible mountain biking or walking tracks. There is a lodge on the property being totally self-sufficient and off grid, complete with sheds.

The opportunities here on this fertile site are many with forestry an option with approximately 20 hectares of new plantings on the steeper terrain and some existing forestry onsite. The property is eligible for ETS registration with application for some of the existing pines underway.

With motivated and retiring vendors the asking price meets the current ratable value making the Waimana Farm an attractive investment.

For an Information Memorandum please contact NZ Forest Sales


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Agent's details

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NZ Forest Sales Ltd, (Licensed: REAA 2008)

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