Cust
196 Catherwoods Road, Cust, Waimakariri
Asking Price NZ$3,100,000 + GST
ย (if any)
Ideal first farm, dairy support or subdivision
For Sale - $3,100,000 plus GST (if any)
This 124.63 hectare property has been owned by the current vendor since 1908 and has been faithfully farmed by the present tenant for approximately 28 years, the land comprises Mairaki and Temuka soils which is ideal for cropping and finishing stock.
The present leasee has grown approx. 35 hectares of cash crop normally barley or oat plus supplementary green feed, the balance is in good English grasses which 50% have been renewed over the last three years or so.
The land has received one ton of lime per acre over the whole property in the last five years plus 2cwt per acre of superphosphate each year. The property consist of easy to flat rolling downs with numerous trimmed pinus radiate shelter belt plus trimmed gorse hedge, subdivided into approx. 27 separate paddocks, stock water is reticulated throughout the property to stock troughs from seven units from the Cust community scheme which also supplies the dwelling.
The improvements on the property consist of a sound four bedroom Summerhill stone home built in 1985 in a mature established private setting with spacious open plan design, heated by logfire and hall heater, spacious laundry area and mud room, single attached garage plus another garage/ work shed.
The farm buildings close by consist of a five bay implement shed, concrete floor and power 2x3 bay high stud hayshed's, two stand woolshed and sheep yards plus a grain silo approx. 30 ton. A very tidy well farmed unit, good standard of fences and shelter throughout good variety of soil types estimated to carry 6 - 7 stock units per acre per year or approximately 10 stock units per acre over the summer/ autumn period. Blocks this size are seldom available in this prime area, ideal for a variety of farming uses or potential subdivision into 4ha blocks.
Note: Floor areas sourced from Property Guru - this has not been verified and purchasers should make their own independent enquiries.
