2155 Otaraoa Road, Tarata, New Plymouth

This 80.1127 hectare approx property offers the opportunity to purchase a longer term investment in forestry together with some excellent quality grazing land at the property frontage.

With 45 hectare of pines planted last year and release sprayed and 12.5 hectare planted in 2016, the trees are in the ground and growing. There are existing all weather access tracks around the forestry area created when a previous plantation was milled and removed. There is approximately 14 hectares of very good quality grazing land directly off the road which is currently leased by a neighbour on a month to month basis with the remaining 7 hectares of the property being native bush.

The property is in two titles.

This is a property that can be tended from a distance or alternatively does offer some great building sites if establishing yourselves on the property and building a home was the preference.
$850,000 + GST (if any)