FARM 4. WAIO - COASTAL BREEDING STATION - HUGE INVESTMENT MADE - 878HA
77 Mataikona Road Masterton
Waio is a very well presented property following substantial investment in fencing and buildings including a homestead renovation, new managers dwelling, new woolshed and covered yards and a capital fertiliser program. There are around 440ha of effective grazing land, including 59ha of gully flats, wintering between 3,700- 4,000su with a 135-140% lambing & 95% calving in recent years. The rest of the property is in; scattered scrub 45ha, forestry right pines 60ha, bush (manuka/kanuka/native) 270ha (including QE2 63ha), gully planted pines & bush 60ha, and buildings 3ha. Waio has excellent permanent post & batten fencing with most being either replaced or repaired in the last 5 years to subdivide the farm into around 75 main paddocks. The fertility levels have also been targeted with the latest soil test averaging 5.86 pH and 24 Olsen P. The renovated homestead is sited within mature manicured grounds and enjoys stunning coastal views including the iconic Castlepoint lighthouse. All four bedrooms have a shower and toilet. The managers house is a three bedroom Lockwood home built in 2014 and has a double garage with office and sleepout. The 4 stand woolshed and covered yards (NP 900) are in a near new condition. A 5 bay implement shed & workshop is closeby. There are two sets of cattle yards, and a good set of satellite sheep yards close to the airstrip on the all weather access road to the Vodafone tower. There is hunters camp at the top of a valley that enjoys plenty of success. The coastal homestead is being marketed and tendered co-jointly with Harcourts. A very special property with diverse features that has had millions spent on it - here is your chance to purchase a revitalised iconic New Zealand coastal station.