1747 Korokipo Road, Fernhill, Hawke's Bay Hawke's Bay Lifestyle with Income

Available PropertyFiles:

  • 1. Information Memorandum_1747 Korokipo Road.pdf
  • 2. Title_1747 Korokipo Road.pdf
  • 3. LIM Report_1747 Korokipo Road.pdf
  • 4. Soil Map_1747 Korokipo Road.pdf
  • /Lease Documents/
    • 1. Zeffer_Bowmore Lease Agreement_February 2023.pdf
    • 2. Zeffer_Bowmore Deed of Variation_Aug2023.pdf
    • 3. Deed of Variation of Lease 2024.pdf
    • 4. Freshmax Lease.pdf
    • 5. X-Fruit Deed_September 2020.pdf
  • /Resource Consents/
    • 2023 5 Yearly Bore - Copy.pdf
    • COC_Domestic Effluent.pdf
    • Decision Letter - APP-129719.pdf
    • Resource Consent_Discharge Permit.pdf
    • Resource Consent_Water Permit.pdf

Property Description

• $123,364 rental income from two strong tenants
• 10.9ha of Hawke’s Bay productive soils with CV $3.19m (July 2023)
• Exceptional lifestyle opportunity - bring your builder!

An exciting rural lifestyle and income opportunity combining the best of Hawke’s Bay – productive land, views, upgraded plant and an A-grade tenant.

Award winning beverages company, primary tenant Zeffer Brewing Limited, continue their growth around the world, and have co-invested even further in this exceptional productive package in their production, packing and warehousing onsite.

Current rental of $123,364 plus GST and in-built rental growth. A recent capital investment by the tenant in the new 1,000sqm (approximately) warehouse provides additional investment opportunity for the purchaser (currently tenant-owned).

The production orchard providing apple and nectarine varieties is leased to an experienced local grower, with options available to the purchaser.

Bring your plans and pick your house site, or keep collecting the income - the choice is yours.

An investment and lifestyle in New Zealand’s fruit bowl you will be proud to own.

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Terms of Supply

This information has been supplied by the vendor or the vendor’s agents to Bayleys. Accordingly, Bayleys, Eastern Realty Limited and Kerry Geange are merely passing over the information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into the same.

All parties are strongly encouraged to take their own advice in respect of passed over information, including confirming it is complete and fit for purpose.

To the maximum extent permitted by law Bayleys, Eastern Realty Limited and Kerry Geange do not accept any responsibility to any person for the accuracy of the information herein.

Contact Kerry Geange

Eastern Realty Limited

Licensed under the REA Act 2008

0275432643   kerry.geange@bayleys.co.nz   All Listings

After growing up in the Wairarapa, schooling in Greytown and being awarded an Honour's Degree in Planning had a career of almost 20-years of experience as a consultant planner in NZ and the UK. Multi-million dollar private and public projects as an expert, negotiation, programme management, and sitting on high profile project boards, including for the Mayor of London on the world leading Central London Congestion Charging Scheme were among his highlights.

This impressive and successful background has shifted well into commercial real estate, with Kerry central in successful sales of over $150m in property in 2021. Kerry has built a reputation of professionalism, honest real estate, and working in the interest of clients.