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616 Lake Ferry Road Martinborough

4 BED | 1 BATH |

This 67.25-hectare property is located only a five minute drive south of the renowned Martinborough wine village in South Wairarapa. The land has a gentle fall from Lake Ferry Road with its lighter silt over gravel soils, to the heavier alluvial silt loam soils next to the Ruamahanga River. The property has been used as a small scale dairy farm for many years by the current owners. With this great balance of fertile soils the farm lends itself to a wider range of land uses including dairy grazing, intensive finishing and supplement production- it could make a great run-off for a medium sized dairy unit. Located near the road are the buildings which include an older four bedroom character home with studio, small cowshed and yard and full range of outbuildings, including a cattle load out. There is a central race that feeds into around 20 main paddocks that are supplied with stock water from a very reliable bore water supply. Given its location and the buoyant South Wairarapa lifestyle market the property offers subdivision potential off the front of the farm, giving the opportunity to lower your capital cost on the balance of the farming property. This is a very well located and versatile block with development potential that will be sought after - don't delay- call the agents for a copy of the Property Report today!
Tender Closes 4pm, Thursday 12th September 2019
Address for Tender; NZR Level 1, 16 Perry Street, Masterton 5810

Tender RX1977641

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Blair Stevens
027 527 7007 View my profile View my other listings NZR Real Estate Limited
Licensed REAA 2008
Dave Hutchison
027 286 9034 View my profile View my other listings NZR Real Estate Limited
Licensed REAA 2008