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Tolaga Bay treasure offers farm, land and sea

As the sun rises over the Pacific Ocean and more than 1.5 kilometres of coastline on the eastern flank of the spectacular Waihau Station, the magic of the working farm comes alive.

Sheep and cattle have grazed the abundant hillside for generations. However, 298.18ha (more or less) at 618 Waihau Road is now surplus to the incumbent family’s requirements, offering an inimitable opportunity for a new owner to develop a legacy farm, recreational hub, or alternative business venture.

Bayleys Real Estate agents Simon Bousfield and Stephen Thomson are marketing the property for sale through international tender closing at 4:00 pm on Thursday, 11th April 2024 (unless sold prior).

Mr Bousfield says the station is a stunning portfolio of land meeting the sea, providing a rare-to-market chance to optimise farming operations or leverage an exquisite natural setting to pursue alternative development options and recreational pursuits.

“Sprawling access to the unspoiled, golden sand coastline is innately New Zealand, with the property positioned north of Gisborne City comprising a mixed contour of flat coastal land sheltered by surrounding hill country.

“The sheer diversity of the landscape lends the property for use as a recreational wonderland, with bush-clad valleys and forest ranges ideal for hunting and trekking, while fishing, snorkelling, surfing and other water activities are assumed in Waihau Bay.”

Divided into 15 primary paddocks with supplementary holding areas, the farm features a three-stand woolshed, substantial cattle infrastructure, and a double bay implement shed adjacent to the homestead.

The station’s original homestead occupies a proud position at the entrance to the property, set within established grounds which were once home to a stately mix of tennis courts, croquet lawns, swimming pools and landscaped gardens.

“With beautiful bones that include three large bedrooms, separate living, dining, and a large ballroom at the northern end of the house, the homestead presents a significant opportunity for restoration to its heritage-era magnificence.

“Alternatively, a new owner may see the superb value of the sheltered and flat building platform flanked by native bush and the ocean to build their dream country estate,” Mr Bousfield says.

In addition to established sheep and cattle operation infrastructure, slopes at the southwestern boundary include large areas of regenerating native bush with natural water formations.

“The farm benefits from excellent natural water access to streams, springs and ponds, with some reticulation set up feeding around the flats,” says Bayleys salesperson Stephen Thomson.

The station entry is on Waihau Road, a public route which ends at the subject property. Entrance onto Waihau Road is via State Highway 35, north of Gisborne City.

Renowned for its scenic beauty and one of the country’s oldest and longest piers, Tolaga Bay borders Gisborne wine country, striking a balance between tranquillity and accessibility.

“The private, rural location lets life unfold at its own unhurried pace, so residents enjoy more time diving, fishing, trekking, and exploring the natural surroundings. There are excellent local schooling options, amenities and services, and Gisborne City is 47 kilometres away – providing an idyllic country lifestyle.

“Seldom does a property with such coastal character and limitless future potential become available on the open market. Waihau Station provides prospective purchasers a real shot at securing a legacy property for coming generations or, equally, an exciting canvas from which to build a business venture in farming, hospitality and tourism.”

Click here for more information on the listing.

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