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Listing Description
Listed: Wed, 18 Aug
CASH MACHINE - 3 DWELLINGS + WINERY
3A Belcher Road, Te Kauwhata, Waikato, Waikato
Details
| Attribute | Value |
|---|---|
| Property use | Horticulture |
| Agency reference | 814410 |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=2149301949&sellerId=0 |
Description
Note: Asking Price is Plus GST (if any)TOTAL POTENTIAL INCOME $161,050 PA
Multiple options present themselves with this offering; either a prime opportunity to combine families with three separate dwellings on the property, and benefit off of the passive income that is being generated through a lease from the onsite winery, or make great returns as an investment from multiple leases and landbank for the future.
- 3 Separate Dwellings ( 4 bedroom original farmhouse, 2 bedroom cottage, and permitted accommodation in a separate a-frame structure). Multiple storage sheds and office spaces. Options to rent out the dwellings or combine families and live on one property. Rental appraisal can be made available upon request
- Winery lease. approx 700,000 litre capacity, category 2 winery, Generating a passive income, a portion of the property is being leased to a local wine company on a 5 x 5 lease. Figures and documentation can be made available upon request to qualified purchasers. Plant and equipment will be included in the sale and an asset valuation can be made available upon request to qualified purchasers
- Boutique Wine. The current vendors ran their own boutique wine business from the property, utilising the vineyard that was once planted on the property. There is potential to re-establish the vineyard or bring in your own grapes and contract the current leasee of the winery to make your very own wine.
- Balance of the 5.49 ha which is in paddock has recently just been cropped in Maize. Possibility to lease this again on an annual basis and create further income
- 5 mins (approx) from Te Kauwhata township, 6 mins (approx) from State Hwy 1. North to Auckland and South to Hamilton
This is a unique opportunity with so much potential... and with vendors that are seriously on the market to sell... this could be the gift that keeps on giving.
The...
See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
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