MORTGAGEE SALE
Situated 5.65Km from SH12, this wedged shaped 38.7365Ha (approx) property adjoins the Waima River which is a tributary of the Hokianga Harbour. There are lovely views from the block to the West and North.
Ideally suited to a grazing or lifestyle block, this somewhat remote property has a 3 bedroom Lockwood home, a four bay implement shed, a 2 bay half barn and a small set of cattle yards.
Other improvements include some power reticulation, septic tank system and gravity feed domestic water supply from the implement shed.
The property is predominantly grassed, and well subdivided with 8 wire post and wire fencing. There is evidence of some slippage on the property with a more major slip to the rear of the implement shed where an uncontrolled slippage is jeopardising the both the access to the balance of the property and the shed.
The house is a lockwood style single level weatherboard home with timber floor, aluminium joinery and longrun coloursteel roof. The house is understood to have 3 bedrooms with open plan living dinning kitchen with separate laundry, toilet and bathroom. The house is in need of a general tidy up.

Rating Valuation: $600,000, (Land Value $385,000 and Improvement Value $215,000) 01 Sept 2007
Land Area: Total 38.7365Ha more or less in 2 lots. (25.8999Ha and 12.8366Ha)

Existing tenancies: The property is sold subject to all existing tenancies or sub-tenancies or occupations (if any), and the Vendor shall not be required to give vacant possession.

Note: This property is being sold on behalf of the First Mortgagee and no chattels are included in the sale. Nothing in the nature of a fixture shall be deemed to be included in the sale, nor shall pass with the property. The Vendor makes no representation that any such thing is included in the sale. No warranty or representation as to title or ownership of any chattels, plant, equipment, other personal property or fixtures is given by the vendor.