Winchester-Geraldine Highway, Geraldine, Timaru
Buyers $1,500,000+
29.62 ha
+9
+8
Unique investment - Lifestyle opportunity
Are you looking for an investment that generates returns from day one? Kakano Farm is the perfect opportunity. Purchase today, and the vendors are offering a very attractive rental to lease back, providing a low risk and high return compared to other rural investments. Currently, the farm has 16 hectares of blackcurrants and 8 hectares of barley. The property features good infrastructure including a large packing shed, office space, smoko room, and a workshop. For those looking to build their dream home, there is an excellent building site and there is a very reliable shallow well for irrigation, making it an ideal location for future development. Located just a short drive from Geraldine, this property offers a prime rural location with fantastic potential for immediate returns and long-term growth.
Winchester-Geraldine Highway, Geraldine, Timaru
Web ID
TMR195336
Land area
29.62 ha
District rates
$4398.85pa
LV
$960,000
RV
$1,320,000
Buyers $1,500,000+
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