Hawke’s Bay farm offers scale, opportunities for development
Greenlees Station, Hawke’s Bay, has been tightly held for generations but is now for sale, offering the chance to acquire a strategically located farm with significant scale.
Located at 989 Raukawa Rd, Raukawa, only 15 minutes from Hastings and Havelock North, the 670ha sheep and beef farm is enriched with quality soils with a great balance of contour.
Traditionally run in conjunction with a larger farming business, Greenlees is highly regarded for its ability to finish quality stock with impressive weight gains to supply premium markets.
Due to years of planning and investment, the property offers easy stock management thanks to a centrally located lane system, which provides good all-weather access to most of the farm.
A full complement of farm infrastructure, including a four-stand woolshed with covered sheep yards and cattle yards, is positioned at the end of the lane system with satellite yards at the top of the property.
A three-bedroom home constructed in the 1970s with a floor area of 129sq m is set in established grounds. Near the house is the singleman’s quarters and an implement shed/ workshop.
Hadley Brown, director of rural at Colliers Hawke’s Bay, is marketing the property via tender closing 2pm, Thursday December 7.
The property is favourably located in the district, close to town and amenities. There are potential subdivision opportunities.
When it comes to finishing quality stock, water is key and Greenlees benefits from various water sources harnessed via an extensive reticulated system.
With a focus on sustainable farming, areas of wetlands have been retired and planted in natives to improve water quality and offer aesthetic appeal. An area of approximately 100ha of the steepest contour has recently been planted into pinus radiata.
This removes the least productive country while maximising farm returns with diversification into the production forestry, carbon credit income and compliance requirements under the Emissions Trading Scheme.
Brown says the development potential will be highly appealing for buyers with a longterm view. “In the front corner of Greenlees Station and adjoining Raukawa Rd is a picturesque parcel of gentle rolling hills, which are north facing and enjoy the benefits of all day sun. This area is approximately 30ha and is naturally separated from the balance of the farm by a valley,” Brown says.
“A scheme plan has been prepared for a potential lifestyle subdivision in this area. As the property is currently in two titles various purchase options may be available.”