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83 Boundary Road, Upper Plain, Masterton, Wairarapa, 2 Bedrooms, 1 Bathrooms, Lifestyle Property

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83 Boundary Road, Upper Plain, Masterton, Wairarapa

2
1
100m2
40243m2
Lifestyle PropertyListed on Wed Mar 13
$4,337/Monthly repayments
Based on estimate value
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Upper Plain Peonies on Boundary

Have you ever wanted to try your hand at growing peonies?

Here is the perfect opportunity. Successfully operated as a viable business model for over 20 years. Carefully researched for one hectare of peonies on top quality silt loam soils, an ideal climate profile and with room to expand. In addition, you will get 1ha of dwarf olives, an orchard with multiple mature fruiting trees, grazing paddocks and a tidy two-bedroom cottage. Location on Boundary Road, west of Masterton, is sought after for lifestyle being only 5km from the CBD and 1km from Solway station for commuters.

The Peony flower business is virtually a 'going concern' and our vendor will mentor new owners initially to manage all seasonal procedures, introduce them to marketing contacts and transfer branding I.P (Intellectual Property).

Aside from the peonies (around 9000 plants-1ha) and olives (around 950 dwarf-1ha) there is 1.5ha in pasture and half a hectare for the cottage, packing shed, implement shed, chiller container, orchard and gardens - total area titled is 4.0243ha.

Water for domestic and livestock is sourced from a reliable well and pump, also available for irrigation with appropriate regional council consents (not current).

This is a genuine opportunity to secure a well-located lifestyle property with a proven track record of Peony flower production and a range of other horticulture options.

For more information or an appointment to inspect, please contact John Murray on 0274933759.

Location

Estimate update: 2024 05Data Disclaimer
Low$710,000
Mid$730,000
High$750,000

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Solway School
0.77 km
Primary
1-6
Government
Co-Educational
EQI: 460
6

Property history

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For developers

Unitary plan:-
Land:40243m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Mortgage

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Ref:MAS39281Last update:2024-05-08 12:05:48