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Omarunui Road

Waiohiki Hastings INFORMATION MEMORANDUM Deadline Sale (if not sold prior)


CONTENTS

EXECUTIVE SUMMARY

4

KEY PROPERTY OVERVIEW

5

LAND CHARACTERISTICS

6

BUILDING IMPROVEMENTS

7

RECORD OF TITLE

10

WATER CONSENT

12

PHOTO GALLERY

18

DUE DILIGENCE & CONTACT INFO

20

HEALTH AND SAFETY

22

NOTES

23

DISCLAIMER: This Information Memorandum has been prepared solely for information purposes in order to assist interested parties in making their evaluation of the property and does not purport to contain all the information that a prospective purchaser may require. In all cases interested parties must conduct their own investigation and analysis of the property and the data set out in this report to satisfy themselves in all respects. This report has been prepared in good faith and with due care by Colliers International, but neither Colliers International nor the Vendor accept responsibility hereunder for the accuracy of any part of the information contained in the report. Therefore the recipient/s of this Information Memorandum to the extent that they rely on the information contained herein do so entirely at their own risk, The Vendor and CRHB Limited (and its brokers) expressly disclaim all liability for representations, express or implied, contained in, or for omissions from, this Information Memorandum or any other written or oral communication given to any prospective purchaser in the course of their evaluation and/or offer.


EXECUTIVE SUMMARY Prime Horticulture Development Great location, quality improvements, irrigation consent, soil type and established shelter make this property the ideal proposition for intensive horticulture redevelopment. Currently utilised as a large scale viticulture nursery, the infrastructure provides for packhouse/dry storage, cool store, covered load out, office, laboratory, staff room, implement sheds and so on. Given the layout and established shelter this property would be ideally suited for Kiwifruit, Apples, Cherries and many other crops.

A feature of the property is its location with the Tutaekuri River

on the back boundary and the Napier Golf Course to the side while being equal distance from both Napier and Hastings. Water is sourced from a 150mm bore on site with irrigation consent in place. Established, well maintained shelter belts and the aspect offer good protection for your intended crops.

Blocks of this quality are rare in the market so decerning purchasers should enquire now to avoid disappointment as it is being offered by deadline sale, unless sold prior.

DEADLINE SALE closing Thursday 23 April 2020 at 2pm (unless sold prior) Colliers International, 100 Tennyson Street, Napier (offers plus GST if any)

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4


KEY PROPERTY

INFORMATION The property bounds Omarunui Road to the south and the Tutaekuri River corridor to the north, with surrounding properties utilised for lifestyle, vineyard, golf course and orchard uses. The land is in close proximity to Taradale.

LEGAL DESCRIPTION (fee simple) 11.3080 hectares (more or less) Lot 1 Deposited Plan 16575 Title Identifier HBH3/1318

LOCAL AUTHORITY Hastings District Council (HDC) Hawke’s Bay Regional Council (HBRC)

VALUATIONS (1 Aug 2019) Land Value Improvement Value Capital Value

$1,500,000 $590,000 $2,090,000

RATES (2019/2020) Hastings District Council Hawke’s Bay Regional Council Total (incl GST)

$4,552.39 $712.56 $5,264.95

ZONES Rural (1B) (source: Property Guru)

5


LAND CHARACTERISTICS LAND USE

SUBDIVISION

Viticulture nursery

7-8 wire fully battened fenced to the boundary, contained in nine compartments, partitioned by Casuarina trees.

CONTOUR

Flat

SOIL TYPES Esk_5a.1

UTILISATION

The topsoil typically has loam texture and is stoneless. The

The property is utilised as a nursery and is divided into nine

subsoil has dominantly sandy loam textures, with gravel

areas with hedges acting as permanent boundaries between

content of less than 3%. The plant rooting depth extends

them. The entrance area houses the processing buildings,

beyond 1m. Generally the soil is moderately well drained with

coolstores and machinery sheds. There is also a small area of

very low vulnerability of water logging in non-irrigated

permanent vines used as a ‘mother block’ for source

conditions and has moderate to high soil water holding

budwood. Seven areas between 1 – 1.2 hectares in size are

capacity. Inherently these soils have a very high structural

used as nursery beds, three of these are in use this year with

vulnerability and a moderate N leaching potential, which

juvenile vines, the remaining four are planted in a cover crop

should be accounted for when making land management

while the ground is rested. The remaining hedged area is

decisions.

planted in grapevine rootstock mother vines on permanent infrastructure. All areas are connected to the main pump through permanent submains.

WATER SUPPLY

Water Consent WP060170T to irrigate 17.5 hectares which includes some adjoining lease land.

CLIMATE

Water for domestic and irrigation purposes is provided from a

Moderate Hawke’s Bay climate with normally hot dry

150mm well, which is pumped by a small pressure pumping

summers and mild winters

unit for domestic and some irrigation purposes. Water is

reticulated from this well by underground PVC mains to RAINFALL

80mm hydrants positioned in each of the growing blocks.

700-800mm per annum

A second well contained on the property has easements in favour of the subject property and two lifestyle blocks south of Omarunui Road. The subject property does not use this

ALTITUDE 8-10m above sea level

6

water source.


BUILDING IMPROVEMENTS PACKING SHED COMPLEX Built 2001, access is provided by one large roller door to the canopy area, together with two doors leading to the shade house and growing house. The mezzanine floor is accessed via an external staircase. Attached to the northern side is a covered lean-to area of a further 166.8sqm. Three-phase power, gas reticulation for hot water heating and phone connection. An internal fire alarm has been recently installed. Laboratory

57.6sqm

Amenities

14.4sqm

Male Toilet

toilet and shower

Female Toilet

Two toilets and vanity

Smoko

Stainless steel sink with under bench cupboards, zip hot water, ranch slider to outside deck

Heat Room

54.6sqm - two heat fans and misting unit, also able to be utilised as a coolstore. Room contains temperature and humidity sensors connected to harvest monitoring system

Coolstore

54.6sqm – high stud for extra storage height. Room contains temperature sensors connected to harvest monitoring system

7


BUILDING IMPROVEMENTS COOLSTORE Second hand 73.2sqm coolstore which was relocated

to the site in 2015. Connected to the main tunnel house by a 60sqm timber and zincalume canopy with concrete floor. Room contains temperature sensors connected to harvest monitoring system.

GROWING HOUSE Built 2001, 737sqm with a reinforced concrete floor. This structure was installed with a plant plan computer controller unit which is not in use by the current owner. The roof vents are manually operated to control temperature in the growing house. There

is a temperature controller, misting unit and threephase power in this area as well as lighting for detailed operations.

CALLOUSING AREA Built 2016, with a floor area of 218sqm, the structure comprises 12 shipping containers that have been fixed to concrete footings and then had a canopy roof structure built over top to protect the

containers from the weather and also remove temperature fluctuations. These shipping containers are positioned side by side, are all linked, permanently wired with electricity and also sensors for monitoring from the main computer controller

system. The containers are temperature controlled, humidity sensors and most have LED lighting.

8


BUILDING IMPROVEMENTS IRRIGATION SHED 31.6sqm, concrete floor, access is provided by a pedestrian and side door and power is connected. Contained in the corner of this shed is also a well pit.

IMPLEMENT SHED Implement shed built 2016 with two bays enclosed and comprising a 54sqm workshop shed and four bays which open with steel gates to the front. The workshop shed is accessed via a roller door and a pedestrian door, single phase power is connected.

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RECORD OF TITLE

10


11


WATER CONSENT

12


13


14


15


16


17


PHOTO GALLERY

18


PHOTO GALLERY

19


DUE DILIGENCE & CONTACT INFORMATION www.colliers.co.nz/p-NZL67009345 Inspections by appointment.

DEADLINE SALE closing Thursday 23 April 2020 at 2pm (unless sold prior) Colliers International, 100 Tennyson Street, Napier (offers plus GST if any) For a copy of the sale documents please contact the vendor’s exclusive agent below:

HADLEY BROWN National Co-Director Phone: 06 833 6437 Mobile: 027 442 3539 hadley.brown@colliers.com

DISCLAIMER: This Information Memorandum has been prepared solely for information purposes in order to assist interested parties in making their evaluation of the property and does not purport to contain all the information that a prospective purchaser may require. In all cases interested parties must conduct their own investigation and analysis of the property and the data set out in this report to satisfy themselves in all respects. This report has been prepared in good faith and with due care by Colliers International, but neither Colliers International nor the Vendor accept responsibility hereunder for the accuracy of any part of the information contained in the report. Therefore the recipient/s of this Information Memorandum to the extent that they rely on the information contained herein do so entirely at their own risk, The Vendor and CRHB Limited (and its brokers) expressly disclaim all liability for representations, express or implied, contained in, or for omissions from, this Information Memorandum or any other written or oral communication given to any prospective purchaser in the course of their evaluationand/oroffer. 20


HEALTH AND SAFETY

At Colliers, we take our responsibilities under the Health and Safety Act very seriously. In order to minimise the effect of hazards during an open day or site inspection, we display clearly marked hazard notices, drawing a visitor’s attention to potential risks relevant to the specific property. Each visitor is also asked to

complete an inspection acknowledgement form confirming they have been made aware of these risks and agree to comply with the directions of the Colliers salesperson at all times while on site.

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NOTES

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CRHB Limited, licensed under the REAA 2008

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Information Memorandum - 46 Omarunui Road  

Information Memorandum - 46 Omarunui Road  

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