NZR Gisborne

Real Estate Agents

NZR Gisborne
Listing #:
RX4314860
Listed:
78 days ago

Enquiries Over $950,000

Productive horticultural landholding- 8ha's

120 Pilmer Road, Makauri, Gisborne
Horticulture
landarea
8.0 Hectares Land Area
About this property
Situated very close to Gisborne City is this productive Apple and Citrus Orchard. Currently run in conjunction with a further 12.4 ha (also offered for sale at 19 Pilmer Road), the 8ha offering is held across 2 titles. The property has historically been well performing, and is well set up with the predominately Envy Apples (3.06ha) as well as just over three hectares of Citrus including Barnfield and Fukomoto oranges, and Kawano and Afourer Mandarins. Supporting infrastructure includes a sizeable half round shed, with the zoning also allowing a dwelling on each of the titles giving the property further development potential.
The landholding has benefited from good soils and tile drainage but was tested during the cyclone like most of the flats, but is bouncing back with some heavy flowering this spring bringing hope of getting back to some historical production figures. The vendors have been horticulturalists in the area for 30+ years and have deservedly decided it's time to spend more time at the beach. For details on both 19 and 120 Pilmer Road, offering a range of scale from 4 ha to 20.4 ha (and a further Envy Apple lease block) get in touch with James or Jamie at NZR. Genuine opportunity to purchase so get in touch as it won't last long at this level.
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