Positioned on the very edge of Motueka, this remarkable 20.4032-hectare leasehold holding presents a rare blend of scale, income potential, and serene rural outlooks. Set proudly on an elevated home site, the property enjoys sweeping vistas across open grassland, creating a peaceful sense of space and privacy while remaining conveniently close to town amenities.
Comprising three separate dwellings with a total of eight bedrooms (configured as follows - 2x 3 Bedroom and 1x 2 bedroom self contained dwellings), Note: for clarity each dwelling contains 1x bathroom per self contained dwelling, this versatile property is ideally suited to multi-generational living or astute retired farming type investors perhaps, who seek diversified rental returns. Two of the dwellings are currently tenanted, providing immediate income, an option to secure a new grazing contract perhaps for the land or run your own stock here could further strengthen the property's ability to offset the annual Wakatu Ground Rent and enhance overall returns.
NOTE: For clarity grazing land has historically been under a separate grazing contract to one of the tenants which is coming to an end later in March 2026. An existing mature Olive Grove (in need of a little care) may also be of appeal here.
The main residence and accompanying homes are complemented by generous parking options, including a double garage at the west rental, double carport attached to the main home, and extensive onsite parking, ensuring practicality for residents and visitors alike. With its elevated position and tranquil rural setting, the property offers a lifestyle defined by calm, space, and uninterrupted views, all with the advantage of low capital input compared to equivalent freehold land.
This is an exceptional opportunity to secure a large-scale leasehold lifestyle property with Olive trees, dual rental/lease income streams, strong lifestyle appeal, and future flexibility in a highly desirable location on Motueka's fringe. Viewing is strictly by appointment only.