This 215.8ha property provides income streams through forestry and farming. In five titles there is approximately 80.9ha in forestry in different growth stages for staggered income. The vendors are now on their second and third rotation.
The land is zoned Rural 1 (26.9ha) and Rural 2 (186.2ha). The balance of the property is in grazing with approx. 119 Hectares effective, comprising river flats, easy terraces and some moderate hill. Stock wintered include 110 mixed age breeding cows, 15 two year olds and 200 ewes - all supplements are made on farm.
Improvements include an older three bedroom home currently rented, two sets of yards, ex hop kiln converted for storage and shearing shed, fertiliser bunker, two workers baches and a large implement shed.
With multiple titles, there is lifestyle block subdivision potential. Subdivision is permitted as a Controlled Activity providing minimum lot size is 12ha for Rural 1 and 50ha for Rural 2. Situated 33km from Nelson Airport.
Contact the Agents for the Information Memorandum with LIM's available on request.