A slice of paradise located 47 km south west of Taumarunui in the warm, scenic Retaruke Valley. Comprising of 988 hectares total with an estimated 770 hectares effective from a good balance of contour.
Papaiti Station has had an extensive capital injection over the last five years. A large amount of new conventional fencing replacing electrics has been a game changer to this property coupled with the capital fertiliser program applied and buildings refurbished where needed.
The property has wintered historical 6500 stock units that has been increasing year on year. Quality river flats run the entire length of the property on either side of the Retaruke River, flowing into easy contoured, sheltered basins, graduating up to steeper ridge lines.
Pasture species have been renewed on the easier contour coupled with capital fertiliser over the entire property has lifted productivity.
220 hectares of stunning mature native bush hosting an abundant population of red and fallow deer and wildlife along with trout fishing at your doorstep from the Retaruke River gives the astute buyer a recreational playground.
Central laneways leading to the woolshed and stock yards, assisting with the ease of stock flow and management of the property. Quality springs provide reliable water throughout the property, along with a reliable gravity fed spring system which supplies water to the majority of the flat paddocks, houses and woolshed.
Extensive superior infrastructure includes an executive 2004 built Golden home set in attractive established gardens with lovely river and countryside views, two other tidy dwellings which have had recent renovation over the past five years. A 4-stand woolshed with large covered yards along with three half-round hay sheds and a large implement/storage shed.
DEADLINE SALE: 11.00am, Thursday 9 July 2020
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