189 Pringles Road, Palmerston, Waitaki

price TBC
636.23 ha
Land Area
4
Bedrooms
2
Bathrooms
2
Garages

Grazing or Forestry, the choice is yours!

This 636 ha property comes to the market as an ideal grazing property or forestry investment. A restructure in our vendors company has occurred and we now offer this property to the market at a realistic price. Improvements include a very good brick family home, consisting of large open-plan living areas and four bedrooms plus all the mod cons. While parts of the property have been prepared for forestry, it could easily be converted back to excellent grazing. We understand the property has grazed in excess of 3000 SU in the past. Current land use is mixed age pasture, some lucerne, with some areas of bush. A 6-bay implement shed, plus two containers as well as an excellent set of cattle yards help make this grazing conversion a good option. Grazing or forestry, the choice is yours. Priced at offers over $3,200,000 plus GST (if any) considered.

189 Pringles Road, Palmerston, Waitaki

Web ID

DNR170525

Floor area

232m2

Land area

636.23 ha

District rates

$7457.07pa

Regional rates

$1353.69 pa

LV

$2,280,000

RV

$2,950,000

4
Bedrooms
2
Bathrooms
2
Garages
price TBC
View by appointment

Contact


Ray Kean

Ray Kean

027 435 7478

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Property enquiry

Property enquiry for
DNR170525

About the location


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This is an opportunity to purchase a 29.9830 ha (74 acres) bare land lifestyle property located 4 km south from the township of Palmerston. The contour ranges from flat and rolling with some steeper faces. The land has been divided into seven main paddocks with a good standard of sheep fencing, 10 ha (approximately) is mainly pine trees. 2 units of water from the local rural water supply is available with troughs in the paddocks. Improvements include an older 2-stand woolshed with electricity available, sheep yards, tunnel barn and cattle yards. This is a property with options - build your dream home as it has fantastic potential building sites with great rural views, sun and privacy or farm the land and harvest the trees in the future. For more information and to arrange a viewing time please give us a call.

By Negotiation
4
Bedrooms
1
Bathrooms
2
Garages

The property is situated just north of the Palmerston service centre adjacent to State Highway 1, with primary and secondary schooling within 4 km. The heavy Waitohi and Waimakariri soils on the 74 ha home block will support all grazing and horticultural options desired. As well as contract dairy grazing, there is an established Asparagus enterprise on 4.5 hectares. The upgraded homestead has two living areas, four bedrooms and is set in extensive gardens. Farm buildings include a 4-bay packhouse with in-built chiller, 5-bay implement shed with secure workshop, 3-bay hayshed, 2-stand woolshed and a new set of cattle yards. This property is an ideal unit for a variety of farming options from intensive horticulture, stock finishing, grazing and cut and carry. There is a current irrigation permit serving 40 hectares with a K-line system.

Buyers $1,600,000+
4
Bedrooms
1
Bathrooms
2
Garages

The property is situated just north of the Palmerston service centre adjacent to State Highway 1, with primary and secondary schooling within 4 km. The heavy Waitohi and Waimakariri soils on the 74 ha home block will support all grazing and horticultural options desired. As well as contract dairy grazing, there is an established Asparagus enterprise on 4.5 hectares. The upgraded homestead has two living areas, four bedrooms and is set in extensive gardens. Farm buildings include a 4-bay packhouse with in-built chiller, 5-bay implement shed with secure workshop, 3-bay hayshed, 2-stand woolshed and a new set of cattle yards. This property is an ideal unit for a variety of farming options from intensive horticulture, stock finishing, grazing and cut and carry. There is a current irrigation permit serving 40 hectares with a K-line system.

Buyers $1,600,000+

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