Doctors Creek Road, Oamaru, Waitaki

This 78 ha bareland block in a sought after location in the heart of the lower Waitaki Plains lends itself to multiple land uses with its flat contour and free draining silt loam soils. Currently irrigated with 73 shares in the Lower Waitaki Irrigation Company the property does require development due to the borderdyke irrigation. The favourable shape coupled with the reliable, cost-effective irrigation source adds to the overall appeal of this property. Sale by Auction on Thursday 28th August, 2025

Auction

Nestled amongst the vines with commanding views of the Waitaki Valley you will find your solace here. Build your new home, develop the irrigation potential, continue to graze the property and enjoy your own vineyard. This 49 ha property offers the discerning buyer an opportunity to own a part of Pure New Zealand. • 49 ha • Doctors Creek Road, Otekaieke • 49 Irrigation Shares, Kurow Duntroon Irrigation Company Ltd • Premium Building Sites over-looking the Waitaki Valley • Approximately 4 ha of Grape Vines, • Irrigation Potential • Early Inspection recommended. Vendors Instruction, all offers will be considered. Deadline Sale closing Friday, 4pm, 30th October, 2020. Price + GST (if any)

Deadline Sale

• Offers Over $3,050,000 + GST if any • Multiple land use options-Dairy support, beef, sheep, forestry • Excellent location-close to SH1 & 4km to Oamaru • 3500 SU+ wintered • Good climate & all year-round production • Great balance-productive paddocks & rolling/hill • Good fertility & soils • Large 530m2 family home • Good infrastructure, yards & sheds • Excellent water scheme, 9 units lower Waitaki scheme + well Excellent location only 4kms from Oamaru and priced from $10,000/ha this is an affordable farm with scale to take to the next level. The Ridges presents an exciting opportunity to secure a medium sized farm unit demonstrating increased stock unit production over the past 4 years. If looking for a generational farm to take to another level, further develop, with potential to increase production and build a legacy. Then this is the farm that presents the perfect affordable business opportunity to a farming family with the luxury of a great location to schools, services and amenities. The balance of contour-135ha of flat to rolling paddocks along with rolling and steeper hill paddock/blocks make this an ideal dairy support, beef breeding/finishing or sheep property. Alternative land uses could include forestry with the coastal climate making it an ideal alternative on the steeper hill. Perfectly positioned for access to Waiareka sale yards, Pukeuri export meat plant, transport logistics which are ideal for livestock trading, grazing or securing livestock from surrounding dairy farms on the lower Waitaki plains. Good fertility, productive soils, excellent location & home and realistic pricing are compelling reasons that make "The Ridges" an attractive proposition for any buyer in the current market. Inspection is recommended so that you don"t overlook this farm opportunity! Viewing by appointment.

By Negotiation