•Fertile 5.48ha (approx.) horticultural block
•Sandy loam soil; sheds & storage units
•Equine, lifestyle and landbank options
•Two bedroom 1930s character villa
•Prime location between Hamilton & Cambridge
•Current rental yield $1337.03 + GST per month for out buildings
About this property
This premium 5.48ha (approx.) horticultural block has a reputation for growing export-quality strawberries. Its fertile sandy loam soils, and established infrastructure of sheds and storage units provide an excellent base for a commercial enterprise. But the opportunities don't stop here. The property lends itself to equestrian use, lifestyle living, development or landbanking for future prosperity. It is home to a two bedroom high-stud character villa built circa the 1930s. While it does contain a formal lounge with character, its hearty kitchen is used as the social hub. Some value-added improvements would do wonders. Outdoors, formal gardens add charm and abundant fruit trees ensure a huge healthy supply of fresh produce. A double carport provides shelter when bringing in the shopping and a substantial single span shed on a concrete floor, with access through to roller shutter doors, also serves the home. Other buildings include a quality three-bay implement shed, a two-bay high-stud shed with roller shutters and concrete flooring, a packing house, two sheds, cold units and an old cow shed. The property is on bore water, with lines across the paddocks. Location is key. Strategically placed between Hamilton and Cambridge, both centres are a short commute via the nearby Waikato Expressway, making life easy for business owners and families. Tamahere village and school are close. The area is renowned for its quality school zoning; St Peter's School is minutes away.
There is currently a rental agreement in place for the facilities for 308 Tamahere Drive, currently yielding a rental fee of $1,337.03 + GST per month.