1291 Alexandra Road, Waharoa, Matamata-Piako

Tender

Prime Waikato Rural Land - 15 year Lease

This prime rural investment opportunity is presented in two titles each comprising of 24.82ha and 38.71ha making a total of 63.53ha approx. of top quality , flat fertile and free draining land that has previously been cropped in potatoes and onions. This is now being converted back to grazing to supply an adjoining new "State of the Art" $8 million indoor goat feeding and milking facility . The land will have the security of a new 15 year lease to NZ Dairy Goats with a net rental income of $208,696.05 plus GST and the added benefit of Guaranteed rental growth over the term of the lease .This will be a hassle free investment with The lessee being responsible for all farming and cropping inputs required like fertiliser , fencing, drain maintenance and general pasture care in order to facilitate their mowing regime to service the feeding requirements of their large 7000 dairy goat herd . Rarely do such long term rural investments come available in this highly sort after region. Just sit back and reap the cash returns while you wait for the long term capital gains !. The property is to be sold by Tender (unless sold prior by private treaty) closing Thursday the 18th of June 2020 . For more information contact me 0800CONRAD today or come to one of the scheduled open days .

Additional details

Type

Development Site

Property ID

NZL67010146

Listed on

19/05/2020