Shag Point Road, Palmerston, Otago
Deadline Sale 12 June 2026
+13
+12
Shag Point - 27 ha, two titles, endless options!
Set just off State Highway 1 at Shag Point, this 27 ha property (across two titles) offers scale, privacy and a rare blend of established forestry and lifestyle potential. The land is predominantly planted in trees, some around 20 years old, others approximately four years, providing an immediate resource for those interested in forestry, firewood supply, or long-term land investment. Each title carries its own unit of water, giving the property two water units in total, with the vendor advising that two tanks are in place to service this supply. A levelled building platform sits within the block, currently home to a bus and well positioned for future development (subject to consents). Two small outbuildings on skids/pallets offer flexible, moveable storage or workspace options. Two older timber sheds sit near the entrance, both modest in size and suitable for storage or workshop use. Their consent status is unknown, and buyers are encouraged to undertake their own due diligence. Access is via a shared road, connecting from SH1 into the property. While not located on the ocean-view side of Shag Point, the land extends toward an estuary linked to the Shag River, offering a peaceful rural backdrop and a sense of seclusion. With its combination of mature plantings, workable land, water allocation, and space to establish your own base, this property presents an appealing opportunity for those seeking a productive rural block, a firewood or forestry venture, or a large lifestyle holding with room to shape their own vision.
Chattels
Shag Point Road, Palmerston, Otago
Web ID
OML228447
Land area
27.7 ha
District rates
$4,303.61pa
LV
$290,000
RV
$295,000
Deadline Sale (unless sold prior)
Friday, 12 June 2026, 4.00pm
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Enjoy the sea and rural views from this 2004 quality large 4 bedroom brick home situated on 3.2 ha's with a 2 bedroom, self-contained unit which is attached to a large 3 bay workshop. An additional 2 bay shed, small woolshed and cattle yards with head bale. The 290m2 home with new carpet throughout has open plan kitchen/dining/living which is partially double glazed with wood burner and HRV. Main bedroom with ensuite and an internal access double garage that contains the laundry. Subdivided into 4 paddocks with 1 point of water. Situated on the Oamaru town boundary and in close proximity to the beach. Being sold in conjunction with Barry Kingan, PGG Wrightson. Buyer enquiry over $1,270,000 + GST
From $1,270,000 + GST (if any)
Set across approximately 16 ha in Palmerston, this substantial Shag river-edge property offers scale, privacy and long-term potential in a peaceful natural setting. The property includes an existing three bedroom dwelling being sold on an as is, where is basis, as well as a 4-bay implement shed with 1-bay enclosed with a lockable door. Large blocks in this setting, with river frontage are hard to find - this is a chance to secure a sizeable holding with genuine potential.
Buyers $699,000+
Discover an exceptional opportunity to create your own slice of rural paradise on this 15.6004 ha (38.5 acres) grazing/lifestyle block. There is a number of potential building sites from an elevated position offering magnificent views of the East Otago countryside. The easy rolling contour offers flexibility to graze stock and grow feed for use or sale. Spilt into two paddocks with permanent fencing, one unit of water from the local Stoneburn Scheme and power to the roadside gate, it's waiting for you to push go! Superbly located just 3.5 km from Palmerston the property provides easy access to town amenities while retaining the peaceful rural setting.
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