Te Popo farm, a 52.8ha Hastings property, with 40ha hectares of grazing land and a well-established 6ha vineyard, is on the market with resource consent for four residential titles.
The property, at 2408 State Highway 50, has a mix of easy rolling to steeper hill country overlooking the Hawke's Bay's Gimblett Gravels. There are numerous options for development including the existing four titles, a farm park, eco-tourism and extending the vineyard.
The property is being marketed by tender through Bayleys Hastings salespeople Tim Wynne-Lewis and Kris August, with tenders closing on August 7.
"Although the five-year resource consent for the four titles of about 10ha each runs out in August next year, a new buyer could apply to the Hastings District Council for this to be extended," Wynne-Lewis said.
"A main house and secondary residence are allowed on each of the titles. Alternatively a new owner could apply for a farm park subdivision as the land is on the cusp of being at the size required by the district council and this could allow for more building sites."