83 Boundary Road, Upper Plain, Masterton

This 4ha lifestyle unit on Boundary Road, Masterton has outstanding silt loam soils, perfect for the Peony flower garden established on one hectare since 2004. The climate is also ideal for peonies and there's room to expand. The block also features 1ha of dwarf olives, a heritage orchard with multiple mature fruiting trees and grazing paddocks. There's a tidy two-bedroom cottage with an open, sunny kitchen/dining room and a large lounge leading onto a covered deck facing northwest to the famous Tararua Ranges. Location on Boundary Road, west of Masterton, is sought-after for lifestyle being only 5km from the CBD and 1km from Solway station for commuters.

The Peony flower business is virtually a 'going concern' and our vendor will mentor new owners initially to manage all seasonal procedures, introduce them to local and national marketing contacts and transfer the 'Boundary Road' brand intellectual property.

Aside from the peonies (around 9000 plants-1ha) and olives (around 950 dwarf-1ha) there is 1.5ha in pasture and half a hectare for the cottage, packing shed, implement shed, chiller container, orchard and gardens - total area titled is 4.0243ha.

Water for domestic and livestock is sourced from a reliable well and pump, also available for irrigation with appropriate regional council consents (not current).

This is a genuine opportunity to secure a well-located lifestyle property with a proven track record of Peony flower production and a range of other horticulture options. Our realistic vendor seeks offers by negotiation.

For more information or an appointment to inspect, please contact John Murray on 0274933759.