Located only 23 kilometres north of Gisborne City is Waimata Station, a 773 hectare property with an average rainfall of 150mm per annum - there was still lush grass even in the 2012 drought.

Approximately 150 ha of flat and rolling front country (50 ha of which has been recently regrassed and ready for this years lambs) provides the perfect balance to the breeding operation of the hill country, with reliable spring water feeding a reticulated water system.

With a RV of $3.7 million, this is a wonderful opporunity for someone who is ready for their new project with plenty of scope to add value.

Built in 1898 the station homestead is set on established grounds and provides the perfect environment to raise your family.

The improvements include a 4-stand wool shed, a modern 2 bedroom cottage, numerous farm buildings; implement sheds, sheep and cattle yards as well as approximately 10 ha of tended Pinus Radiata planted around 1995.