On the market for the first time in over 50 years! Located across the road from the booming Pokeno residential subdivision is this 89 hectare block of mixed contour, with stands of native bush and exotic woodlots. While not currently zoned for residential subdivision, this is an opportunity to landbank at today's prices for future zoning changes.

Currently in two titles, each with their own road frontage of either Ridge Road, Bombay, or Helenslee Road, Pokeno, the choice is yours - purchase one title or both. Both titles have multiple building sites with panoramic views over Pokeno and farmland down into the Waikato.

A two bedroom cottage is situated along Helenslee Road, and while modest, it is currently rented on a casual basis. Located close by are a set of stock yards and a loading ramp, with the Vendors previously running beef and sheep on the property. A large wetland area is a feature, and multiple permanent streams provide ample water for stock.

Nestled at the foot of the Bombay Hills, Pokeno is strategically located at the crossroads of State Highways 1 and 2, boasting convenient access to the north and south, the Coromandel, Bay of Plenty and West Coast beaches. Less than an hour from Hamilton and Auckland CBDs, Pokeno enjoys all the benefits of a country lifestyle without sacrificing the convenience of the nearby cities. Pokeno is on the verge of rapid development with major subdivisions and house construction already underway to meet the demand of the growing Franklin population - expected to increase by over 100,000 people in the next 37 years.

This is a golden opportunity to purchase a large landholding in close proximity to the fast growing areas of Bombay and Pokeno, perfect for landbankers and lifestylers. Do not miss out! Submit a Tender on terms and conditions suitable to you.

Tenders close (unless sold prior):

4pm, Wednesday 17 September 2014

Rice Craig, 8-10 Queen Street, Papakura, Attn: John Sieprath

*All photographs are taken from the subject property