518 Elephant Hill Road, Waimate
Auction 04 March 2026
269.05 ha
4
2
+54
+53
Oaklands
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 26.9 ha in a reliable district. Will be auctioned in two titles.
518 Elephant Hill Road, Waimate
Web ID
TMR115228
Floor area
200m2
Land area
269.05 ha
District rates
$19,475.60pa
LV
$3,660,000
RV
$4,320,000
4
2
Auction (will not be sold prior)
Wednesday, 04 March 2026, 12.00pm
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4
2
Set on the banks of the Waihao River, this property is an ideal rural lifestyle or small farming opportunity. The charming home is surrounded by beautiful gardens and productive fruit trees, with the well-sheltered land creating its own micro-climate and naturally rich soils, it is perfect for small-scale farming or gardening. The property is well-equipped with essential buildings and infrastructure, making it a fantastic entry point into farming. There is also the option to purchase the neighbouring 34 hectares of dairy support land, adding to the potential for growth. Located in a great district, the home 3/4 bedroom home offers a comfortable family setting with schooling options in nearby Waimate, Oamaru, or Timaru. With its peaceful location and great farming potential, this property is an exceptional opportunity for those seeking a rural lifestyle with self-sufficiency possibilities.
By Negotiation
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+
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!
$7,500,000 + GST (if any)
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