5379 Hampden-Palmerston Road, Palmerston, Waitaki
price TBC
105.55 ha
Quality East Otago property
5379 Hampden-Palmerston Road consisting of 105.55 ha being a combination of excellent grazing land, great location, beautifully renovated and modernised three-bedroom home, and quality improvements, all make this property a perfect smaller farm. Ideal for someone looking to downsize to a good income earning property, an add-on to an existing farm or equally suitable for someone looking for their first farm. The dairy grazing history has made it perfect as a dairy run off for an existing dairy farmer or equally suitable as standalone diary support land. Our vendors have in the past farmed in conjunction with their other property utilising it as an excellent finishing block. It has an excellent re-grassing and fertiliser history giving it the results it has been achieving. You only have to view the quality condition of the livestock to appreciate the attributes of this property. This superb property provides many options for a purchaser and is well worth an inspection.
5379 Hampden-Palmerston Road, Palmerston, Waitaki
Web ID
DNR176132
Land area
105.55 ha
District rates
$7,132.26pa
Regional rates
$806.65pa
LV
$1,280,000
RV
$1,660,000
price TBC
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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
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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+
16.774 ha freehold bareland planted in second rotation 4 year Pinus Radiata only 1km from Palmerston. Land suitable for a choice of building sites with a sheltered aspect. This is a small scale forestry investment block suitable for all-comers, and is not registered for E.T.S. This property has come to the market as a consequence of a failed settlement and will be offered by "Auction". For further details on this opportunity, contact Alan Eason or Russell Cotton. Auction on site 12 noon May 5th 2021
Auction
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