Neighbourly Premium Business
NZR Limited
Real Estate Agents
- Listing #:
- RX4351622
- Listed:
- 50 days ago
Tender
Scale, Water and Cashflow
859 Wharekopae Road, Ngatapa, GisborneHorticulture
-
- 26.0 Hectares Land Area
About this property
This versatile and productive large scale horticultural landholding is well situated to the west of Gisborne on Wharekopae Road. Held in two titles totalling 26 ha, the property is assessed as having a potential effective canopy area of 20.3 ha. The shape and orientation of the flat land and fertile soils further benefit from good surrounding and internal drainage, as well as good access to water for irrigation. Currently having approximately 4.2 canopy ha in Rockit apples, alongside 8.8 ha of Pinot Gris and Sauvignon Blanc, the property is set up to provide good cashflow, with further development potential being approx 6.5 ha of greenfield land. Supporting infrastructure includes a 8000m3 water storage dam, alongside an annual water right of 24,000m3 at a rate of 30 L/s. This provides plenty of reality to be able to securely step up production within this warm and sheltered north facing landholding. Although the vendor sees a positive future in the landholding and would look at options to lease back the property, their business model is scaling up and they are looking to release capital to enhance their export operations.Contact James Bolton-Riley at NZR Gisborne for any further information or to book an inspection of this quality landholding.
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