188 Stag and Spey Road, Kaikoura Country, Marlborough

Sheep, beef, forestry

For Sale: $3.75m + GST (if any)

A 390.4761ha partially irrigated sheep and cattle property on Stag and Spey Road, off the Inland Kaikoura Road. The property has a superb, very-easy rolling contour, is well-subdivided and laned with good shelter. Approximately 75% is workable by tractor. An irrigation water consent of 70 litres per second currently irrigates around 50ha by centre pivot with scope to expand, offering versatility of future land-use. Farm infrastructure includes a good three-stand, raised-board woolshed and covered yards, near-new cattle yards, haysheds, workshop and a large Total-span shed. The property has an excellent fertiliser history, a good average annual rainfall and an 800m airstrip.

The homestead sits on an elevated site, positioned for sun, capturing the stunning mountain views and surrounded by attractive established grounds. With a recent makeover and EQC repairs, the home has been completely refreshed. There are two wings - the main three-bedroom home with an adjoining two-bedroom self-contained unit, making it ideal for accommodation, B&B or for other family members.

This is a lovely, easy-rolling farm, still with plenty of upside. It is in a great location in the middle of a well-regarded farming area with a real community feel, a school bus service and is only half an hour's drive from Kaikoura Township, all amenities and tourist attractions.