4602A State Highway 29, Matamata, Matamata-Piako

This immaculate, manicured 100-acre racehorse facility could be a semi-passive investment earning up to $260,000 per annum, plus it can be subdivided now into 3 titles. An extended settlement is possible. In the meantime, this rare opportunity has a one-kilometer sand exercise track, 32 loose boxes, a covered Magnum 10 x horse walker, 2 x horse exercise gyms and a covered round yard. The smart, existing layout could enable the new owner to lease off facilities and grazing land to one tenant or multiple tenants.

The flat to gently rolling land has high quality fertile, free draining soil. Approximately 35 safe post and railed paddocks have abundant shelter trees.

The sealed tree lined drive takes you to a spacious main home with an adjoining self-contained unit.

There is also a separate 3-bedroom home and another detached self -contained flat. All to healthy homes standard and easily rented.

Located only 6 minutes' drive from Matamata racecourse.

Call Nigel McNeill on 021 982 132 now to make an appointment to view.