Listing #:1430131605

Greenfield development opportunity with water

Location: 1102 Wharerata Road, Manutuke, Gisborne, Gisborne
Property use: Horticultu­re
Land area: 15.40 hectares
Price: Price by negotiatio­n
Located just 11 Kilometres from Gisborne city is this prime development opportunity.

Providing sought after, and rare access to a private water scheme for irrigation, the 15.4 hectare property offers a clean slate for development with soil types consisting of Waihirere silt loam, Kaiti clay loam, and Makaraka clay loams and an established shelter belt.

In a region rife with horticulture development, specifically apple and kiwifruit, new greenfield developments are exploiting Gisborne's long sunshine hours, moderate rainfall, and favourable growing conditions to deliver fruitful returns.

Further improvements include a workshop with concrete floor, adjacent lean-to and chemical, smoko, and implement shed. Zoning allows for the development of a dwelling and with power to the current infrastructure there is potential for home plus income. Currently in two Titles (5 hectares and 10 hectares more or less) the property provides for various development options in the years ahead.

Seldom do opportunities for land with critical infrastructure including water availability come up on the Poverty Bay flats.

An option to form a Joint Venture would also be considered by the vendor

Agency reference #: 2750598
See sold records and estimated market values.
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Price by negotiation
1102 Wharerata Road, Manutuke, Gisborne, Gisborne
Price by negotiation
Listed: Fri 29 Sep, 8:50 pm
James Bolton-Riley
Bayleys Gisborne, Licensed Agent (REAA 2008)
  • Contact Details
  •  (06) 8685188
  •  (027) 7391011


Agent's details

James Bolton-Riley
  •  (06) 8685188
  •  (027) 7391011
Simon Bousfield
  •  (06) 8685188
  •  (027) 6658778
Bayleys Gisborne, Licensed Agent (REAA 2008)
(06) 8685188
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Expires: Thu 31 May, 1:30 pm
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