173 Luttrell Road, Waimana, Whakatane, Bay of Plenty

An off-grid two bedroom accommodation unit, multiple support sheds and centrally located stock yards, this outdoor rural lifestyle property with its multiple income streams offers an opportunity for an astute buyer to start their entry into a grazing property holding. With a 106 hectare title on the boundary that could be added in time, there are options to invest now or later, in so creating more scale and options.

With the easy to medium contour the property offers the opportunity to continue as a beef fattening/trading or dairy grazing unit with additional income streams generated from carbon credits, firewood and honey sales and beehive wintering.

With 32.1ha registered in the Emissions Trading Scheme as a post 1989 forest under the Climate Change Response Act 2002 (CCRA), the registered participant is earning 800 carbon credits annually with increased earning coming from an additional 23 hectares of plantings coming into the scheme next year.

Bee hive wintering site and honey income is generated from hives moved onto the sheltered locations the property offers. Lodge stays are becoming increasingly popular with repeat clients returning for the memorable outdoor experiences the property extends with its freshwater ponds and scattered scrub-like forestry pockets offering unique waterfowl and pheasant breeding conditions that can be further enhanced for upland and wetland game shooting. Horse trekking, mountain bikes and/or trailbike riding, there is something here for someone if the outdoors has your beckoning.

The property is extensively roaded for safe vehicle and quad bike access. The grazing is subdivided with a combination of electric and conventional fencing. An additional 106 ha's is available with first right of purchase on the boundary if desired now or later.

Conveniently located with an easy commute to Whakatane, this property will also allow pursuit for off-farm work opportunities with its excellent proximity for anyone with a rural skill set with a number of additional income sources.

With future timber value, the annual income from carbon, honey, bees, and firewood, all combined with running the existing grazing operation, this property will appeal to a wide range of purchasers both individual and syndicated. These first farm properties with appealing climate locations are most sought after, so call to make a time to see for yourself.

Realistically priced by retiring vendor.

Asking Price $1,550,000 plus GST (if any)