The property is currently leased until May 2023 showing a 3-7% return per annum.

Taiko Downs is an 80 hectare (more or less) property predominantly deer fenced and currently being utilised as a beef and lamb fattening block.

The four bedroom villa built in 1913 is currently rented, it was modernised in 1996 and has had some redecorating in 2019.

Stock water is some natural along with five units of Downlands water with 55,000 litres of storage feeding the 13 main paddocks and three holding paddocks.

The property is complimented by numerous farm buildings including deer, cattle and sheep yards, shearing shed, horse stables and hay shed, and implement shed.

Don't miss this opportunity to purchase your first farm or add onto your existing property.

Please contact Hamish Lane for further information or visit this link to view further information http://www.propertyfiles.co.nz/5510306