INCOME GENERATING LIFESTYLE PROPERTY
Flexible settlement terms available
This property is being sold + GST (if any)
The property is situated in a quiet and convenient location that offers a convenient lifestyle living with sustainable farming or a business operation. A new 280 m2 dwelling and 200 m2 building for business use has just been completed with the establishment of a 2,700 mandarin orchard on 15 ha land.
There is an existing income in place for NZ $101,700 (per annum) for the lease of the business building and dwelling only.
The 15 ha land has a flat to gentle slope aspect that includes 5.5 ha of native bush conservation with picturesque native bush scenery substantially covering the Eastern and Southern boundaries. Additional large flat land area on the eastern side of the property is reserved for further options for the new owner.
The 280 m2 new Dwelling with 6 bedrooms, 4 bathrooms, kitchen, dining, living room, two laundries and two car garage with landscaping has just been completed. The 6 bedrooms, 4 bathrooms and two laundries are adequately separated into two wings making the home suitable living for large or extended families. Both wings have their own air-condition system for separate control of each wing.
A modern central kitchen equipped with separate electric and gas hob cooktops and oven, stone benchtop with wide windows overlooking the garden and native bush scenery. The adjoining dining area with double-sided gas fireplace features large bi-fold doors opening to the covered patio offering excellent outdoor entertaining with unique natural scenery. A good size central lounge features natural light through large windows overlooking the wide natural scenery with native bush.
The 200m2 business building with workshop, office, bathroom and flexible room with washing bench with cabinetry has also just been completed. This building has a 4m height ceiling and 3 phase power, sufficient water supply and vehicle accessibility into the building which is very useful for business or farming use.
Improvement of Services including power, telephone duct and water bore, pump system with two 25,000 litre water-tanks all with a connection to the dwelling and business building via underground pipe as well as suitable for farming or business use.
Completed concrete driveway with stone entrance gate with a connection to approximately 450m farm accessway to the end of property is also convenient for lifestyle living as well as farming or business use.
The Mandarin Orchard has been established with 2,700 Mandarin trees in total consisting of 1,900 trees planted in July 2018 and 800 trees planted in September 2019 which are still being established with ongoing maintenance work. A commercial harvesting is partly available to begin from autumn in 2021.
The land is currently rural as part of Auckland City but close to the Northern/Southern motorways and townships of Papakura, Drury and Pukekohe all with growing local amenities, schools and services. Location of this property is approximately 22 mins to Manukau city, 28 mins to the airport and 35 - 40 mins to CBD in normal traffic conditions. Hamilton is also around an hour's drive.
The current value of the property is $4,200,000 + GST (if any) as per the valuation report valued by the Registered Valuer (SPINZ ANZIV) May 2020. The value includes the dwelling, business building, Mandarin orchard, land, services and all other improvements. The owner will consider buyers flexible different settlement payment terms.