For Sale | Equestrian Lifestyle in Town

House, studio cottage, stable yard and paddocks.
1.4675 hectares on paper but more land along the edge backing onto the Mount Ngongotaha Forest.
1940s stucco house moved onto a basement in the 1970s so also has stairs, hall, laundry, large rumpus room downstairs with access to internal garage which is under the extensive covered terrace upstairs.
Studio cottage currently has a tenant paying $250 a week but has also run as a homestay Ferndell Farmstay Ltd. So could go back to running as a homestay fetching $95 per night.
Stable yard has 6 looseboxes, feedroom, tackroom, lounge/kitchen and a bedroom.
A riding school could easily be run from here. Two wonderful riding horses can be included in the sale if desired.
Land consists of a flat riding paddock and grazing paddocks which are flat to sloping with one steep hill paddock.
Great views & very private surrounded by cottage gardens & trees.
Would be a great location for a healing centre.
The position with panoramic views over Rotorua and the surrounding countryside lends itself to an upmarket subdivision with necessary council consents.
Development potential plus plus!
Or simply landbank for the future.