Investors - Opportunity Here!

Web Reference: SWI2157

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50 Mabel Grove Bush Road East, Mabel Bush, Invercargill Surrounds

$1,450,000 + GST (IF ANY)

  •  50 Mabel Grove Bush Road East, Mabel Bush

A very productive parcel of quality land, featuring mostly Waikiwi soils, located just 15 minutes out of Invercargill. Currently utilised as a vegetable producing operation with grass harvesting and lamb fattening, our vendor is ready to move on to their next exciting project. Our vendors are very keen to lease this property back for up to 5 years at 5.5% p.a. + GST, making this an ideal project for anyone with capital available wanting strong returns over the next 5 years, whilst still having the peace of mind that land investments provide. Possession date is flexible but your early enquiry is recommended as this investment opportunity will not last long.

Land Area 49.0614 hectare
Nearest Town Invercargill 22km; Woodlands 10km.
Primary School Woodlands Primary.
Primary School Bus At corner - Mabel Bush Hall.
Secondary School Invercargill schools.
Secondary School Bus At corner - Mabel Bush Hall.
Freezing Works Alliance Lorneville - 20km.
Dairy Co Fonterra Edendale.
Present Condition ( areas approx. ) Approximately 14ha currently in parsnips; approx 26ha in new grass; and 6ha of carrots will be harvested late winter and resown into pasture.
Soil Types Mainly Woodlands and Waikiwi soils.
Average RF 1200mm.
Weeds & Pests Clean.
Subdivision ( No of Paddocks ) Main Six paddocks.
Fences Post and wire netting.
Water Supply Bore is 70m-6inches, consented for 5L/second. Good quality water.
Fertiliser Ravensdown recommendations, significant capital fertiliser applied in keeping with intensive vegetable production.
Access & Roads Very good access ex Mabel Grove Bush Road East.
Supplement made on Farm Two stacks of silage and baleage excluded form sale. Vendor reserves the right to remove these after settlement by negotiation.
Contour Description Flat to easy.
Consent - Water Expires November 2028 - 5L/sec (consent on file).
Trademe Pricing Method Asking Price Plus GST (commercial sale or rural listings only)
Brett

Brett Lucas

Rural Sales

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