285 Paierau Road, Opaki, Masterton

Legacy opportunity on Masterton's edge

Only five minutes from the Masterton boundary, this remarkable 163-hectare property combines scale, location and versatility that's hard to match.
Opposite Matahiwi Estate, the property offers flat, fertile land across two terraces, bordered by the Waipoua River and framed by Tararua Range views. Soil types include Tauherenikau stony silt loam and Greytown silt loam - well regarded for their productivity. Utilised for dairy runoff, livestock trading, cropping and grass harvest, the property is fully fenced with traditional batten and wire, supported by electric.
At its heart is a grand 1,130sqm home overlooking its own lake. With generous proportions and a design built for entertaining, the home is equally suited as a family residence, event venue or function centre. Recent re-cladding ensures the home is in excellent condition, and the setting - complete with native bush pockets and river access - makes it an exceptional location.
Water is drawn from three reliable sources: bore, the Opaki Water Scheme, and the local water race system. A full range of farm infrastructure, plus two additional dwellings, supports operational flexibility and a variety of potential income streams.
Now offered to the market as our vendors retire, 285 Paierau Road presents a rare chance to secure scale and sophistication on Masterton's doorstep - whether your plans are to farm, invest, live or host.