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INVESTMENT OPPORTUNITY-$420k LEASEBACK

884 Surreydale Road Pahiatua

Manuka Wilderness is an 842ha property situated 15-20 min east of Pahiatua. Manuka Wilderness is a unique property - a large scale mono-floral Manuka site - much sought after in the market.
Manuka Wilderness is offered to the market for freehold purchase based on a 20-year lease-back (5yr x3 ROR) The lessee will stock with 2,000 hives and is achieving circa UMF 20+. There is a comfortable Hunting Lodge, implement shed, Hunters hut, deer traps and boundary (with some internal) deer / sheep & beef fencing and well-formed access tracks. Prior to the current ownership the property was utilised as a hunting and safari block.
Currently there is a high deer (Red & Fallow) resident population. The vendor is seeking capital out of this property to further develop their international retail Manuka honey business. The lease payment is set allowing the purchaser to determine their return based off their purchase price.
Hunting rights are on offer to the purchaser as well. With the current low interest rate environment (and likely to lower further) we would expect strong demand from high net worth individuals or syndicates seeking a proven recreational hunting block with the opportunity to have a cashflow return as well - a unique combination. Property Report & Lease available upon request.
Deadline Sale Closes 4pm, Thu 12 Nov 2020. NZR, Level 1, 16 Perry Street, Masterton 5810.

Deadline Private Treaty RX2496214

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Blair Stevens
027 527 7007
blair@nzr.nz View my profile View my other listings NZR Real Estate Limited
Licensed REAA 2008
Dave Hutchison
027 286 9034
dave@nzr.nz View my profile View my other listings NZR Real Estate Limited
Licensed REAA 2008

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