119 Baileys Road, Ohoka, Waimakariri, Canterbury

For Sale

The Vendor invites offers over $500,000 plus GST (if any).

This is an opportunity for an enterprising purchaser who is looking for an add on block or a first farm proposition. On offer is the sale of the lessee's interest in 47.2218ha of Environment Canterbury lease land at 119 Baileys Road Ohoka.

The leasehold interest offered for sale is flat to undulating land and includes the old Eyre Riverbed and comprises a mix of Leeston shallow clay, Waimakariri silt and Ayreburn soils. Subdivided into thirteen paddocks in a mixture of pasture, barley and new grass, water is supplied from a well to troughs plus there is a concrete silage bunker and five bay hayshed. As an overview, the underlying lease has a 21 year term, 7 year rent reviews and a perpetual right of renewal if the obligations of the lessee under the lease are met. Further details of the lease are available through the link at the end of this page. The current lessee's interest in this lease is what is being offered for sale and the lease can be assigned to a new lessee.

Please copy and paste this website address into your internet browser to download the property files:

http://www.propertyfiles.co.nz/5519911