904 Morgans Road, Hororata, Selwyn

Still Some Upside

Offers invited over $3,100,000 + GST (if any)

A strategically positioned property in the CPW Irrigation Stage One area with two titles, two homes, good supporting sheds and a centre pivot irrigator covering approximately 48 hectares. Previously a dry-land deer farm, it has undergone a land-use change to dairy support due to irrigation water availability. The property is currently being leased for this purpose.

Further development remains, with more area yet to irrigate and fencing to be done, which will complete the property. It is a great shape with a central lane, good stock water supply and boundary shelter.

The main homestead has three bedrooms and one bathroom and the grounds include an in-ground swimming pool. The second home, which is currently rented, consists of four bedrooms and one bathroom. Both are heated by log burners with a wetback and each have a double garage.

For a property to add value to - this is worth inspecting.