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120 Pilmer Road, Makauri, Gisborne District

Enquiries Over $950,000

8ha

Productive horticultural landholding- 8ha's

Situated very close to Gisborne City is this productive Apple and Citrus Orchard. Currently run in conjunction with a further 12.4 ha (also offered for sale at 19 Pilmer Road), the 8ha offering is held across 2 titles. The property has historically been well performing, and is well set up with the predominately Envy Apples (3.06ha) as well as just over three hectares of Citrus including Barnfield and Fukomoto oranges, and Kawano and Afourer Mandarins. Supporting infrastructure includes a sizeable half round shed, with the zoning also allowing a dwelling on each of the titles giving the property further development potential.

The landholding has benefited from good soils and tile drainage but was tested during the cyclone like most of the flats, but is bouncing back with some heavy flowering this spring bringing hope of getting back to some historical production figures. The vendors have been horticulturalists in the area for 30+ years and have deservedly decided it's time to spend more time at the beach. For details on both 19 and 120 Pilmer Road, offering a range of scale from 4 ha to 20.4 ha (and a further Envy Apple lease block) get in touch with James or Jamie at NZR. Genuine opportunity to purchase so get in touch as it won't last long at this level.

Additional details

Type

Horticulture

Property ID

RX4314860

Listed on

07/10/2024

Updated

18 days ago

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Land area

8ha

Title

GS5D/241

Legal description

LOTS 2 3 DP 8386

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Hexton, Gisborne District

Hexton is a suburb which lies within the Territorial Authority of Gisborne, one of 61 residential suburbs which form the wider region. Hexton is the 31st largest suburb of Gisborne in terms of the total number of residential housing stock. Hexton provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Hexton is made up of approximately 13% residential housing and 87% lifestyle properties.

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