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Listing Description
Listed: Wed, 15 Oct
At $28,000+/ha - the returns are hard to beat!
37 Karewarewa Road, Rangiwahia, Manawatu, Manawatu / Whanganui
To be sold by tender (closes on 3 Dec)
Details
| Attribute | Value |
|---|---|
| Property use | Dairy |
| Agency reference | RX4748204 |
Description
Price Guide above $6,500,000 (+gst, if any).
The quality of the contour, soils and infrastructure here will impress, with the bonus of 110ha of transferable lease. Predominantly flat, soils are described as Kiwitea & Kawhatau loams, free draining soil types ideal for dairying.
Converted 16 years ago, the tidy 50 rotary has ACRs, in-shed feeding and auto-drafting to integrate with Halter. Typically a reliable rainfall area, approx. 160ha is able to be irrigated via guns and pods; often for only 2-3 months. Averaging over 263,000kgMS for the past two seasons, off a 230ha platform, with moderate imported feed levels.
Two lease blocks are able to be transferred to the new purchaser; 50ha bounding & 60ha located close-by.
Two tidy homes are situated on the property with another available as a purchase option. The primary school bus is less than 5km away.
A property offering a purchase point that will generate return on investment figures that will make many farms look ordinary.
Open home times
No times scheduled
Property Files
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Peter Barnett
NZR Limited, (Licensed: REAA 2008) 
Property Partner
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