Greenlees Station in Hawke’s Bay has been tightly held for generations but is now available for purchase, offering a new buyer the opportunity to acquire a strategically located farm with significant scale.
Located at 989 Raukawa Road, Raukawa, which is only 15 minutes from Hastings and Havelock North, the 670.1746ha sheep and beef farm is enriched with quality soils with a great balance of contour.
Traditionally run in conjunction with a larger farming business, Greenlees is highly regarded for its ability to finish quality stock with impressive weight gains to supply premium markets.
Due to years of planning and investment, the property offers easy stock management thanks to a centrally located lane system, which provides good all-weather access to most of the farm.
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A full complement of farm infrastructure, including a four-stand woolshed with covered sheep yards and cattle yards, is positioned at the end of the lane system with satellite yards at the top of the property.
A comfortable three-bedroom home that was constructed in the 1970s and has a floor area spanning approximately 129sq m is set in established grounds.
Adjacent to the house is the singleman’s quarters and an implement shed/workshop.
Hadley Brown, Director of Rural at Colliers Hawke’s Bay, has been exclusively appointed to market the property for sale via tender closing at 2pm on Thursday 7 December.
The property is favourably located in the Raukawa district, sitting close to town and amenities, while there are potential subdivision opportunities available.
When it comes to finishing quality stock, water is a key element and Greenlees benefits from various water sources that are harnessed via an extensive reticulated system.
With a focus on sustainable farming, areas of wetlands have been retired and planted in natives to improve water quality and offer aesthetic appeal.
An area of approximately 100ha of the steepest contour has recently been planted into pinus radiata.
This removes the least productive country while maximising the farm returns with diversification into the production forestry, carbon credit income, and compliance requirements under the Emissions Trading Scheme.
Brown says the future development potential of the property will be highly appealing for buyers with a long-term view.
“In the front corner of Greenlees Station and adjoining Raukawa Road is a picturesque parcel of gentle rolling hills, which are north facing and enjoy the benefits of all day sun.
"This area is approximately 30ha and is naturally separated from the balance of the farm by a valley,” Brown says.
“A scheme plan has been prepared for a potential lifestyle subdivision in this area, which may provide future opportunities.
"As the property is currently in two titles various purchase options may be available for a portion of the property.”
Brown says the combination of a great location, scale, contour, soil type, and water make Greenlees Station a quality investment that is often sought but rarely found.
“The property’s positioning means it looks out across Hastings and Havelock North, exemplifying its outstanding location.
“When considering the development potential and diversified income streams, this offering only becomes more compelling.”
Article supplied by Colliers
