366 Maraetotara Road, Maraetotara

Potential and opportunity abound on this well located property. Situated approximately 20 kilometres from Havelock North it offers a large basin of predominantly easy to medium contoured land capable of carrying approximately 2800 stock units with an average annual rainfall of approximately 1200mm. An abundant water supply from the adjacent Maraetotara River supplies gravity fed troughs in most paddocks. A bore located on the flats has the potential to irrigate 110 ha. A well maintained metaled driveway runs through the property allowing easy access to all parts of the farm. Four consented Farm Park sites offer an ability to subdivide. The property also includes a 5/19th share in a common area which is associated with a lifestyle subdivision adjacent. The common area comprises 35.7465 hectares. The majority of this is easy flat land with some steeper faces adjacent to the Maraetotara River but also incorporates an area of 7.6 hectares of Pinus Radiata trees, approximately 20 years old and well maintained. The undivided share provides additional good quality grazing. Located on the farm are two buildings of historic significance. The Mokopeka Woolshed is a Historic Places Trust Category 2 building constructed in 1877. The Mokopeka Station Hydro-Electric Power Scheme has a Historic Places Trust Category 1 status. Commissioned in 1892, it incorporates a small dam, a head race and power station and is believed to be one of the oldest continually operating hydroelectric plants in the world. Farm improvements include various sheds and barns, a single men's quarters, cattle yards in good condition, sheep yards adjacent to the woolshed. The property is only minutes from the Maraetotara Falls and approximately 10 minutes to Ocean Beach and 20 minutes to Waimarama Beach. A school bus that drops off at the Havelock North schools is available at the mailbox. For an Information Memorandum or to arrange a viewing call Nic Goodman (021) 980 545 or Hadley Brown (027) 442 3539....