1747 Korokipo Road, Fernhill, Hastings

Unbeatable Hawke's Bay investment with lifestyle

• 10.9ha of quality Hawke's Bay productive soils
• $123,364 net plus GST rental income from two strong tenants
• Ideally located between the Napier and Hastings
• Multiple potential sites to build a family lifestyle home

Perfectly located between the cities, this iconic Hawke's Bay rural property is now available for purchase. An exciting rural lifestyle and income opportunity is obvious here, combining the best of Hawke's Bay - productive land, views, upgraded plant and an A-grade tenant.

Award-winning beverages company, primary tenant Zeffer Brewing Limited, continue their growth around the world, and have co-invested even further in this exceptional productive package in their production, packing and warehousing on-site.

Current lease income of $123,364 plus GST with in-built rental growth. A recent significant capital investment by the tenant in the brand new 1,000sqm (approximately) warehouse and export-approved canning facility provides additional investment opportunity for the purchaser.

The production orchard providing apple and nectarine varieties is leased to an experienced local grower, with options available to the purchaser.

Bring your plans and pick your house site, or keep collecting the income - the choice is yours.