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4956 State Highway 50 Maraekakaho

5 BED | 1 BATH |

Glenlyon is a large scale farming enterprise which has been in the same family for 122 years – originally purchased in 1898. There is significant opportunity to take this 599 hectare property to the next level of production, which could be a high performing finishing operation. Supporting the scale is the easy contour, excellent workability plus the reticulated water system which is sourced from the Mangaonuku Stream.
Located midway between Hastings and Waipukurau on SH50, the slightly higher altitude places Glenlyon in a higher rainfall band. The majority of the contour could be described as easy to medium country and there is approx. 30ha of class 3 flat to near flat country located around the Mangaonuku Stream. Potential exists to explore intensification programmes, capitalising on the key features of the property and location.
Easy access and workability are key benefits with a laneway connecting the front and middle yards. The middle set of yards are large in size and include a comprehensive set of cattle yards and smaller sheep yards. The front yards consist of large sheep yards and smaller cattle yards. Subdivided into approx. 50 paddocks there is opportunity to intensify further and expand the existing reticulated water system. The fencing is largely conventional post and batten with some 4 wire electrics.
The homestead at the front of the property could be restored or, build a new home on an elevated site and take advantage of commanding views. Other improvements include two small cottages and a range of other shedding. There is also a number of haybarns located around the property. The reticulated water system comprises of two electric pumps and three header tanks which gravity feed troughs.
In summary, an excellent opportunity to own a well located, large scale property in Hawke's Bay with plenty of potential
Tender Closes 12.00pm Wednesday 16th December 2020. Address for tender:
NZR, 5 Ossian Street, Ahuriri, Napier 4110, or by email by arrangement.

Tender RX2484648

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Duncan McKinnon
021 241 9073 View my profile View my other listings NZR Limited
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