By Negotiation

Located on Links Road, Waiohiki, this prime horticulture block presents a rare chance to land bank quality land and receive an attractive return. Centrally positioned between Hastings and Napier, this property boasts exceptional accessibility and strategic advantages. Which include: • Attractive lease agreement: Enjoy a projected lease of $133,000 per annum with 11 years remaining, providing a stable and lucrative income stream. • Favourable lease terms: Benefit from rent reviews every 2 years, coupled with a CPI ratchet clause, ensuring your returns are aligned with market growth. Rates and water charges are paid by the lessee. • Prime horticulture soils: Capitalize on first-class horticulture soils, setting the stage for optimal crop yields. • Generous water consent: Access a substantial water consent of 4,585 cubic meters over any 7-day period at a rate of 25 litres per second, safeguarding your irrigation needs. • Ideal location and accessibility: Situated just off the expressway, this property offers excellent proximity to markets, suppliers, and essential amenities. This prime horticulture block appeals to two distinct buyer categories: • Astute investors: Secure a solid return with no depreciating buildings. This property provides a hassle-free investment opportunity with impressive returns and a positive growth trajectory. • Horticulture operators: Land bank valuable land and receive a consistent return. This property offers the perfect platform to expand your operations and ensure future long-term opportunities. Contact us now to learn more about this prime horticulture block.

Amenities

• Property Type: Other
• MLS: NR164865
• Web ID: 4YHSXW
• Status: Current

Map

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