50 Johnston Street, Brixton, New Plymouth District, Taranaki

Rare blue-chip opportunity to purchase undeveloped land of scale on the coastal stretch between the New Plymouth and Waitara townships. This flat prime land, totalling 50.76 acres, sits in this much sought-after area and directly borders future residential development and horticultural holdings.

Currently, the property is home to 90 rising two-year-old dairy heifers from May to May and produces approximately 80 size 12 silage bales per year. The farm consists of 16 paddocks of similar size, newly constructed cattle yards and load-out facilities, town water that is tank-sourced and pressure-pumped across the farm, and a hay barn located towards the rear of the property. An investor can continue to run the unit as a grazing block or explore future development options for horticultural, commercial, or residential purposes.

Looking ahead, a roundabout is planned for Devon Road, making Raleigh Street a main entrance to Waitara. Additionally, a residential subdivision is already included in the current district plan at the junction of Raleigh Street and Johnston Street. Rural lifestyle blocks on the eastern boundary of the property off Ranfurly Street indicate a promising future for properties in this area.

The land naturally faces north and offers stunning views of the mountain and sea. On clear days, White Cliffs are easily visible.