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1,237.51 ha Land area SQM
6 Bedrooms
1 Bathrooms

Asking Price NZ$3,250,000

MT OTEKAIKE


FOR SALE $3,250,000 plus GST if any\n\n1183 hectares Freehold. \nThis is a substantial, clean, well located property with a balance of hill and paddock country with a five bedroom homestead in a well laid out mature setting. Conservatively run in past years this property has the potential to be improved and stocking rates increased. There is a full range of farm buildings including a five stand woolshed, implement sheds and a haybarn as well as a three bedroom backpacker's accommodation which is well patronized in the area. If you are looking for a traditional sheep and beef property with potential, this farm will be hard to beat. \nCONTOUR\nRanges from flat and easy rolling around the house and paddock areas to rolling and steeper hill on the run blocks. The property has a good balance of both shaded and sunny country.\nCOVER\nThe hill blocks are a mix of tussock and traditional native pasture species. The paddocks have improved pastures.\nHOMESTEAD\nA substantial six bedroom home situated in a mature garden setting with a good sunny aspect and lovely views down the Doctors Creek valley. Open plan living with good indoor outdoor flow.\nFARM BUILDINGS\nA good five stand woolshed with night pens for 500 woollies.\nTwo implement sheds\nOne haybarn\nTrees and Shelter\nThe hill blocks are sheltered by contour and tussock and around the paddocks the shelter is by contour and mature trees. \nSUB DIVISION\nSubdivided by post and wire fences predominantly in good order into 20 hill blocks and 10 paddocks.\nPRODUCTION\nRecently 90-100% lambing which is increasing with the introduction of crossbred sheep. Better than 85% calving including 2year heifers.\n

Nick Young

Nick Young


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008
Paul Brown

Paul Brown


Whalan and Partners Ltd, Bayleys,
Licensed under the REA Act 2008

Features

LAND AREA


1183 hectares

LOCAL AUTHORITY


Waitaki District Council

STOCK AND PLANT


Option for stock and plant at valuation