850A Paekakariki Hill Road, Paekakariki Hill, Porirua City, Wellington

Your big opportunity to invest, develop, graze and relax by owning 244ha (more or less) of land on Paekākāriki Hill, located close to Pāuatahanui Village, Porirua and the new Transmission Gully Link. With a combined RV of over $4m comprising of the house and lifestyle block, farmland (with forestry), and a forestry block. All on separate titles, but to be sold as one, encompassing a variety of uses and development possibilities.

The idyllic lifestyle block features a four bed (master with ensuite and WIR) log cabin style home with modern updates and feels like a private retreat. The home is warm and welcoming with a wood burner and heat pump. A covered veranda is ideal for family living and entertaining and includes a plumbed, outdoor bath. Sitting on 7ha (more or less), it has a double garage, historic woolshed, three-bay high stud shed and four paddocks.

The farmland is 75ha (more or less) and is used to graze sheep and cattle. There are 12 paddocks. Six are deer fenced and the balance sheep fenced. The farmland includes approx 20ha of near mature trees with carbon credits in account and it shares a boundary with popular Battle Hill Farm Forest Park which opens up leisure activities such as horse riding, mountain biking and walking.

The forestry block sits on 162ha (more or less), with approx 117ha being a second forestry rotation in two age classes. The block has a roading network and skid sites with spectacular views over the Pāuatahanui Inlet. The trees present an ideal long-term investment opportunity for savvy buyers.

There are ROW easements to the farmland and forestry block, and both have previously obtained resource consents for subdivision. A nearby subdivision on ex-forestry land is seeing the construction of high-quality homes built to maximize the views.

Opportunities to buy 244ha (more or less) of land in this area don’t come along often. Seize your moment and make it yours!