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Listing Description

Listed: Wed, 25 Oct

Diversified Agri-Investment with Growth Potential

103 Connolly Road, Kerrytown, Timaru, Canterbury

To be sold by deadline sale (by 5 Dec)

Details

  •   74.96ha Land
AttributeValue
Property use
Horticulture
Agency reference
1310398

Description

Located in the favoured region of South Canterbury, close to key essential services, that will ensure a stable and safe investment in the fast growing Horticultural space within NZ - here is an opportunity that demands investors scrutiny. In total the offering of Freehold flat land in the Seadown District encompasses approximately 75 hectares. The land is situated over three fertile irrigated blocks comprising the following: 27.5703 hectares, 33.0393 hectares and 14.3536 hectares.

The first two titles are situated at Waipopo and the smaller title at Waitawa, near Kerrytown. These locations are all in a prime region for horticulture and offer investors an opportunity to capture a large strategic block of quality land with the added advantage of approx. 22 hectares still to be planted in varieties of your choice.

There are approx. 45 hectares that are already planted in predominantly apples and pears (over 10 different varieties of pip fruit including Honeycrisp apples and PiqaBoo pears) with the opportunity for purchasers to increase the plantings or diversify where they see potential. There are vacant areas already cleared, waiting for new stock to be planted.

The properties have been set up with extensive infrastructure including a Packing House, a Cool Store and two permanent residences. Alongside this the Orchard has a very stable workforce and a vast array of assets, machinery and field bins that can be negotiated in to the sale.

With Timaru Port right on the back-door-step, access to the Asian and European markets and with the Honeycrisp variety having locked in sales to the North American market, these properties make an ideal investment. The present Vendors are open to multiple options to facilitate a sale. These could include an extended or variable settlement date, a long term leasing agreement to a partial or outright purchase.

A full Property Information Memorandum will be available to qualified purchasers and full particulars of the properties are available on request.


Map




Red Hot Real Estate Waimate, (Licensed: REAA 2008)
Greig Moore

Greig Moore

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Agent's details

Greig Moore

Greig Moore

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Ian Moore

Ian Moore

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Red Hot Real Estate Waimate, (Licensed: REAA 2008)

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