1353 Waimate Highway, Otaio, Waimate
$7,500,000 + GST (if any)
330.27 ha
+19
+18
Priced to sell - $26.73/kgMS
The Vendors have priced this property to sell at $7,500,000 + GST (if any), equating to $28,735/eff ha or $26.73/kgMS, where else can you find value like this? Take advantage of higher payout levels and secure your place on the property ladder with this well-established 330.2693 ha farm (approx. 261 ha effective). Featuring a semi-self-contained, mid-scale operation with a herringbone shed, it produced 280,565kgMS last season and is supported by various shedding options, infrastructure, and housing choices. Irrigated using groundwater applied via pivot, Roto Rainer and K-line irrigation, it holds substantial potential for future development. The Makikihi Dairy Unit is an outstanding opportunity for new entrants to the dairy industry or established operators looking to grow or upscale their business. With motivated Vendors seeking a sale this season, this is an offer not to be missed!
1353 Waimate Highway, Otaio, Waimate
Web ID
AR210949
Land area
330.27 ha
District rates
$22,850.00pa
LV
$7,520,000
RV
$9,575,000
$7,500,000 + GST (if any)
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Purchase 6.7913ha and farm an extra approximate 2.4ha of railway lease. Currently used for growing Buck Wheat. 1 Unit (1000) litres per day of Downlands water. Build site option and only 15km south of Central Timaru on State Highway 1
Buyers $420,000+
Opportunities to secure quality bare land in this region are increasingly rare. This attractive 39.5761-hectare holding offers outstanding versatility, whether you are considering a future building platform, expanding your existing farming operation, or acquiring a well-located land asset. The property benefits from local scheme water and power running along the roadside, providing straightforward options for development. Elevated aspects deliver uninterrupted vistas from the sea across to the Hunter Hills, creating an impressive outlook seldom found in comparable parcels. Currently farmed as part of a larger, well-established unit, the land has supported a reliable rotation of crops alongside lamb finishing. Fertile soils and well-maintained fencing further enhance the property's overall practicality and productivity. An additional option exists to purchase two neighbouring 4-hectare blocks, each with their own water supply, providing further scale or lifestyle potential.
Auction 11 February 2026
4
2
Dairy support since 2008 and has been wintering up to approximately 2,000 dairy cows on winter crops of kale and fodder beet, plus pasture. Features include a comfortable four-bedroom home in a mature setting. The farm has good sheds, soils and water reticulation, plus two sets of cattle yards. With history on your side, this farm performs year in and year out and is a prime opportunity to purchase 269.05 ha in a reliable district. Will be auctioned in two titles.
Auction 04 March 2026
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