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Sought After Silts & Irrigated - 75ha

320 Riverside Road Martinborough

This property is well known locally for its fertile alluvial soils and irrigation allowing multiple land use options. Just 5km from Martinborough, the 75 hectare unit is currently used as dairy support; wintering cows, grazing young stock and providing supplement, and before that as an intensive cropping and livestock finishing block. Crops grown have been peas, barley, sorghum, green feed oats, kale and brassica's. An adjoining 8.5 hectare lease gives a total area of 84 hectares. The property has around 40 hectares of top class Greytown Silt Loam alluvial soils being protected by a stop bank, and up to 60 hectares being irrigated via a fully consented, 40 litre per second bore. There is a set of combination sheep & cattle yards with load out and a concrete silage bunker. Being handily located to Martinborough and with the Ruamahanga River along one boundary, lifestyle and recreation options are close at hand. There is Resource Consent approval to subdivide off a 4.5ha lot at the front of the property- a possible way to lower your ingoing capital requirements.
Properties of this calibre and in this locality are a rare commodity.
This is a quality, well located and versatile property with infrastructure that isn´t overcapitalised- call Blair or Dave for a detailed property report.
Sale Process - By Negotiation- Buyers Guide: Early to Mid $3m +GST, if any.

Negotiation RX3848657

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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