1353 Waimate Highway, Otaio, Waimate

price TBC
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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

District rates

$22,850.00pa

LV

$7,520,000

RV

$9,575,000

price TBC
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Michael Richardson

Michael Richardson

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AR210949
Jason Rickard

Jason Rickard

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About the location


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This 4 ha lifestyle block presents a seamless transition to lifestyle living, or a perfect downsizing opportunity for farmers. Situated on Marshall Road, offering peace and privacy with conveniences nearby, being just a short drive to Waimate or Timaru. The modern home is well positioned and designed - the main open-plan living zone is spacious and well connected to the country style kitchen/dining area, with a fantastic conservatory retreat where you can take in the view of the stunning rural landscape. The three double bedrooms are all well proportioned, with two having external access. A modern bathroom, separate laundry and double internal access garaging complete the 214msq floor plan. Outside, there are well established gardens and plenty of space for parking and storage, including a 3-bay shed with 1 bay enclosed. The property is well set up for livestock, with cattle/sheep yards and water troughs servicing all of the paddocks - connected to the Makikihi/Otaio water scheme providing 2,000 litres per day and additional tanks for collecting rain water. There is plenty on offer here at this fantastic lifestyle property, come along to view - you will not be disappointed! Going to Auction 20th June 2024 5:30pm at Timaru Property Brokers 83 Sophia Street

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AR210949

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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