Property Search Morrinsville

Looking at properties for sale in Morrinsville? Harcourts KDRE have you covered!

Listing Number: ML4508

Better than Money in the Bank

0 Woodlands Road

Auction 16 Apr 2021 Unless Sold Prior


This 36.27ha pasture land block at Gordonton has been leased to a neighbouring dairy farmer on a long term basis with another 5 years to run on the current lease.
The dairy payout linked lease allows you to profit in the increased payout from Fonterra that we are experiencing.
Not only do you get your annual lease but you still own your land- compare that to other possible investments.
Call me today for more information



Friday 16 Apr 2021 11:00am Unless Sold Prior



Property TypeDairy
Land area
Property FeaturesAverage rainfall (Average Rainfall/Climate: 1000mm and 1,100mm)
FencingFencing - Type & Condition: Primarily post and 2 wire electric
Land contourFlat (ha: 36)
Present ConditionAll in pasture land (leased)
Soil TypesRukuhia peat
Shelter Treesno
Water supplyBore onto back that is in operate
FertiliserTenant advised; 400kg 1ha of super phosphate annually