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UNDER CONTRACT - INVEST OR SEQUEST

126 Bruce Road Whatatutu

3 BED | 1 BATH | 1 CAR

NZR Gisborne is pleased to be able to offer Romia Station to the market. The 503 hectares of mixed land use is carried across three legal freehold titles and is well located being approximately 44km to the north of Gisborne just off Kanakanaia Road.
Romia is predominantly a grazing platform for a mixed sheep and beef model, but also benefits from diversity with approximately 90ha of mixed age forestry. The grazing operation has a solid standard of infrastructure with a set of steel main cattle yards as well as satellite cattle and sheep yards. The 4-stand woolshed is in good order and an additional 3-bay shed provides a useful workshop area and machinery storage. The property typically winters circa 3000 stock units.
The property is naturally well watered with dams and springs, and reticulated spring water provides surplus water to the very pleasant 3-bedroom home, gardens, home flat paddocks and adjoining self-contained sleep-out.
The forestry element of Romia currently has a total of approx 90ha of Pine Radiata comprising of approximately 61ha held by a third party (under a forest right expiring in 2025) as well as approx 7ha of 2007 pruned trees and a further approx 22ha of 2018 plantings due to be registered in the ETS. An afforestation grant currently sits in favour for a further 161ha of planting.
With a temperate climate, good annual rainfall, a maximum elevation of 505m and being predominantly north facing, Romia is well qualified to continue its current diverse farming model or for further forestry development.

Negotiation RX2716215

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Jamie Proude
027 448 5162
jamie@nzr.nz View my profile View my other listings NZR Central Limited
Licensed REAA 2008
James Bolton-Riley
027 739 1011
jamesb@nzr.nz View my profile View my other listings Tairāwhiti Real Estate Limited
Licensed REAA 2008

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