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  • Wellington
Price £210,000
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Property Description


Location: Maungahina Road, RD 6, Masterton, Wairarapa, New Zealand

Land use: currently forested (due for harvest in 7 years), adjoining beef/sheep farming and life style including wine growing.

Land area: 4.03 hectares
Viewing instructions: Please email owner for directions and time to view the property.

Price: $NZ 429,000

These 10 acres – 4.03 hectares - offer a unique multi-option investment or lifestyle opportunity including:

• A lifestyle block with an almost ready-to-harvest managed forest
• A life style block with one of the Wairarapa’s most breath-taking views
• This is prime north-facing pinot grape growing land
• The land can be subdivided!

The block offers one of the Wairarapa’s most breathtaking views. It is just 9 kilometres, or 5 minutes drive, west of Masterton – population 22,500. It over-looks the magnificent Wairarapa Valley with views across to both the Rimutaka and Tararua ranges.

The site is currently planted in a professionally managed (pruned to 6.5 metres) pinus radiata forest. The mature forest can be harvested from 2017. The income from harvest will contribute significantly to any future development and/or change of land use.

The gentle slopping contour is north-facing. The land is already proven ideal for growing the pinot noir grape variety. The adjoining property has successfully bottled four excellent vintages.

Alternatively, the land could be cleared and prepared as an ideal life-style block. The adjoining six acres are the site of the original historic homestead – built in 1868 and lovingly restored. The site also adjoins a major, family-owned Wairarapa beef stud farm.

Finally, the land could be cleared and subdivided, providing two premium-priced sections. Each section would deliver stunning views of one of New Zealand’s most attractive rural landscapes.

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