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Large farm on the edge of Martinborough village is on the market

NZ_AucklandCBD_Communications_Large farm on the edge of Martinborough village is on the market

When Liz and John Hancock purchased their Rapaki Farm on the edge of Martinborough in 1988, they bought it as an addition to their main farming operation located 20km to the east of the town.

Rapaki, which is the translation of ’grassy hillside’, allowed them to expand with additional sheep breeding and beef and lamb finishing with a different and complementary climate from their home farm.

At that time, Martinborough was a small farming town. A few brave pioneering winemakers had only just planted their first vines in the early 1980s and the future development of the town as a thriving wine village and visitor destination could not have been imagined in anyone’s wildest dreams.

Thirty-three years later, the 183ha Rapaki Farm has come to the market and in that time Martinborough has evolved into an exceptionally desirable place to live and visit.

Located just over an hour away from Wellington, the village is known for its collection of premium boutique wineries that are within walking distance of Memorial Square alongside high-quality local cafes and restaurants, which all add to the visitor experience.

Located just 3km from Memorial Square at the centre of the village, which has undergone significant expansion, this exceptional farm is expected to be attractive to purchasers who want to retain the property in single ownership and to continue farming.

It will also have considerable appeal to investors and developers who see the potential of creating a large-scale lifestyle development within walking distance, or a short bike ride, of the village.

As the many walkers who enjoy the popular Rapaki Hillside walk will confirm, this property has it all. Extensive and varied tree planting by the current owners provides colour, shelter and privacy throughout the property and the views over the Craggy Range vineyards on Te Muna Road and across to the Tararua Ranges are stunning.

The property comprises 183ha in three titles, which span 42.5ha, 67.7ha, and 72.9ha, so purchasers will have the choice of submitting offers for the property as a whole or as individual titles.

Colliers Directors Rob Deal and Mike Laven have been exclusively appointed to market the property for sale by tender closing at 4pm on Wednesday 8 December.

Deal, Director at Colliers Pahiatua, says this property shapes as a once in a lifetime investment opportunity that will provide the new owner with a host of options for the future.

“The District Plan allows for a range of development plans and we recommend buyers do their due diligence to examine the options available to them. This site provides the canvas for an astute buyer to develop and build or land bank for the future before embarking on a truly unique project of their own,” Deal says.

Mike Laven, Rural & Agribusiness Special Projects Director at Colliers, says it is extremely rare to see a high-profile landholding of this size come to the market in Martinborough, which has quickly become one of the most sought-after locations in the country.

“Demand for developable land and property continues to grow at record pace and buyers from across the country have begun to recognise the potential on offer in the beautiful Wairarapa that provides an unrivalled lifestyle.”


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Rob Deal

Director & Sales Specialist | Tararua & Wairarapa

Pahiatua

A well-known and well-respected rural specialist, Rob Deal has been in the farming industry for many years. With a passion for the rural community and an enthusiasm for everything he puts his mind towards, it is no surprise that Rob has sold over 250 million dollars worth of rural real estate and won many awards for his exceptional sales results.

Having been sheep and beef farming in the Eketahuna area for 17 years, Rob is a familiar face in the Tararua district rural community and has strong relationships with farmers in the region. His genuine approach and expert knowledge of farming means that Rob relates to his clients in both a personal and professional capacity. He understands the issues that affect farming and is well equipped to answer questions from potential buyers.

It was Rob’s passion for a challenge that led him to the real estate industry and he enjoys the process of matching buyers with farms, using a solutions-based approach to ensure he is getting the best results possible for his clients. Rob has an open communication style and outgoing personality which allows him to build great relationships, resulting in many repeat and referred clients over the years.

Rob, his partner Kim and their five daughters love living in the Tararua region and are actively involved in the local community providing sponsorship and support for sporting clubs, schools and community events.

If you are looking for a sales specialist with sound rural knowledge and proven track record in Tararua and Wairarapa, look no further than Rob Deal. Get in touch with Rob today for all your rural real estate needs...

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Mike Laven

Rural & Agribusiness - Special Projects

Blenheim

Mike is a specialist broker/consultant in the sale and acquisition of New Zealand viticulture assets.  In addition to having a passion for good wine, he also has a strong interest in the business of wine both in New Zealand and in global markets.  

As a result of living in a wine village and being involved in the local wine community for over 20 years, he has a good appreciation of the many challenges that winemakers and grape growers face in their businesses.  He now enjoys providing a service to the many corporate and boutique growers and wine companies that make up the burgeoning New Zealand wine sector. 

As a result of being involved in numerous acquisitions by overseas companies, he has good knowledge and experience of the Overseas Investment Office process, which all overseas buyers need to navigate in order to acquire rural and agribusiness assets in New Zealand.

Mike has over 35 years’ experience in real estate, principally as a consultant and broker in the commercial property sector in the UK, Asia and New Zealand. He has also undertaken several real estate developments including a number of wine/tourism projects in New Zealand.

 

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