45.59 HA OF INCOME EARNING LEASED LAND + HOME

HUGE BARN, GRAZING, PADDOCKS & EQUINE FACILITIES

Located on 45.59 hectares (112.65 acres) in a quiet, peaceful setting with abundant land comprising flat areas and valleys, this property offers peaceful rural views, good soil for growing and fully fenced paddocks. Approximately 17 hectares are currently leased, returning $147,000 per annum, with a further 28.147 hectares under a grazing license generating $12,600 per annum, providing a total annual income of $159,600 + GST. There may also be an opportunity for the lease arrangement to be reviewed with the new owner offering further potential. Used at some stage as an equine operation, it also accommodates a substantial 525 square metre (approx) barn with power and lighting which was previously used as stables. Suitable for large vehicles and horse trucks, there are two motorized high stud doors. Equine oriented also, there’s also an old dressage arena with lighting and a hay barn.

Built circa the 1950’s, the 132 square metre (approx) solid concrete block and coloursteel roof constructed home is entered via a covered patio opening directly into north facing open plan living with heat pump. Attractive solid timber floors extend through the bright white modern kitchen with dishwasher, a generous floor to ceiling storage wall and cooktop with range hood and double sink built into the extra wide island bench which also accommodates a breakfast bar with overhead pendant lighting. This adjoins dining and the living area which flow out through sliding doors to wrap around open air leisure and al fresco entertaining under a timber pergola. There’s also a covered patio off the kitchen.

There are three spacious bedrooms, two of which feature built in wardrobes. These are serviced by a family bathroom with both a bath and shower, while a separate toilet adds convenience. A large fitted walk in wardrobe off the hallway between two of the bedrooms provides exceptional additional storage. Outdoors a two car lock-up garage has access to an adjoining covered patio and there’s also a free-standing three car carport as well as a round pen, loading ramp and yards, a large tool/garden shed, fruit trees and dog kennels. This is a property with much to discover along with a versatile home willing and able to comfortably accommodate modification or extension if required. With income already assured, this is a brilliant proposition for the canny buyer.

• 45.59 ha property comprising flat sections & valleys
• Quiet location. Serene rural views. Good growing soil
• Currently leased generating a total of 159,600 + GST per annum
• 132m2 (approx) solid concrete block & Coloursteel roof home
• Sunlit open plan north facing family living area. Heat pump
• Timber floors. Abundant large windows. Sliding doors
• Stylish modern kitchen. Storage wall. Island bench. B/bar
• Dining & living zone flowing outdoors to wrap around deck
• Open & gazebo covered al fresco leisure & entertaining
• 3 light spacious bedrooms, two with built-in robes
• Family bathroom + both bath & shower. Separate toilet
• Large multi- purpose room, - rumpus/study or bedroom
• Walk in storage closet with built in shelving off hallway
• Huge 525m2 barn (approx) with power & lighting
• • High stud motorized doors/high vehicles & horse trucks
• Small adjoining deck. Old dressage arena with lighting
• 2 car lock-up garage with adjoining covered patio
• 3 car carport. Round pen. Loading ramp. Yards. Hay barn
• Large tool shed/garden shed. Fruit trees. Dog kennels
• 2 x water tanks + bore water supply
• Onewhero Area School, Pukekohe Intermediate School &
• Tuakau College zone. 28km to Bombay motorway access
• 25.6km to Pukekohe Township & community amenities

For the purpose of this transaction the vendor is GST Registered and the Purchase Price Plus GST (if any).

See interactive features for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.