Whitmore Road, Ormond
Ormond Expansive, flat land with development options
Tukanga tono 12-09 15:00It’s rare to see large areas of flat land come to the market in one parcel. Whitmore Road offers just that.
At 66.8854 hectares, this is genuine scale.
The property is a mix of bare land and 19.46 ha of Chardonnay grapes.
There’s a plastic-lined water storage dam and a separate reservoir for spraying and staff amenities. With only sheds and an office, there’s no capital tied up in housing. The property’s shape suits permanent horticulture, running from Whitmore to Bond Road with multiple access points. There is also a great opportunity for arable or livestock fattening. The bare land is leased short-term, so you can take it back or lock in a long-term lease and enjoy the land as a hands-off investor.
Along with scale, there is also the opportunity to secure smaller land parcels with the property subdivided into multiple titles.
This is a great opportunity for lifestylers or small operations to secure flat land only 17 minutes to Gisborne city.
To book an inspection, give me a call.