The Cliffs is a diverse and unique investment opportunity located in a pure coastal location.
The investment comprises of a profitable dairy farm, coastal lifestyle subdivision and consented development land for visitor accommodation.
Operating on once-a-day milking on a pure grass based cost structure, the 300 cow dairy operation provides the backbone of the investment with production inline for 115,000kgMS per annum. Two part-time staff are employed to look after the milking operation.
Set within the grazing land is a lifestyle development with sites ranging from 4,875 sq m to 13,000 sq m. Ten lots remain and are part of the property for sale. Individual sites currently are offered for sale between $98,000 and $125,000. Each site is serviced by extensive roading, power supply and telecommunications.
In addition to the above, a fully consented development parcel is also included for sale. This 10 hectare block has resource consent and building consent for a nine unit visitor accommodation development. Given the strong demand currently for the Vendor's own B&B and rental house on the property, it is envisaged that this development will experience good occupancy rates.
Of note, the popular Hump Ridge Track guided walk is located close to the property and there is strong demand for visitor accommodation for these walkers.