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98 Hoult Valley Road, Wai-iti, Tasman

Fertile Flats/Lifestyle Property

Finishing
dollar

$1,200,000 Plus GST (if any)

Land area
24.70ha
Title type
Freehold
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Property details

Listing # NEL39616 | Listed on 21 October 2024

Versatile block with cheap irrigation water.
This flat fertile river flats block lends itself to a multitude of uses including wintering and finishing stock and horticulture production. Located in a quiet and private location there are plenty of nice spots to build a house on and create your own lifestyle experience. There is currently temporary accommodation on site via two new comfortable timber cabins and an office/studio room.
The location of the property is approximately 5km from Wakefield. The Tasman cycle trail and the Wai-iti River run along one boundary. Of the 24 hectares, 20 hectares is flat and effective. The balance is a native bush gully. Subdivided into ten paddocks with permanent fencing, there are two paddocks currently in lucerne. Adding to the versatility of the property is a water consent for irrigation allowing 15 hectares to be irrigated with 5350 cm3 per week.

Cheap Water
Being part of the Wai-iti irrigation scheme allows the property to be irrigated with the cheapest irrigation water in the Waimea district at about one-fifth the cost of the Waimea scheme per annum and no rising costs. The total cost per ha is just $322.27 per year.

To be sold Plus GST (if any).

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