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Island Stream Road, Maheno, Waitaki

Premium Runoff or First Farm

Finishing
dollar

Deadline Sale

Land area
79.24ha
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Property details

Listing # 67033091 | Listed on 28 February

A very tidy and complete runoff property with excellent irrigation infrastructure and a high standard of improvements.
With 79 hectares (ha) in two titles with the Herbert road forming a boundary and providing one block at 54 ha and the balance north of the road at 25 ha. In total there is circa 74 ha of irrigated land made up of 28 ha as pivot irrigation and 46 ha of Kline.

There is a good set of wooden cattle yards with a holding capacity of 40 head. Excellent lane ways throughout the property with mostly two wire electric fences. Included is approximately 5 ha of pine trees that are located on steeper sidlings. Currently 13 ha of established kale with winter cropping in the reference period 2014 to 2019 at 25 ha. With sound fertilizer records this property includes a strong 20% regressing program. 60 NOIC shares available with the ability to vary this amount subject to negotiation.

Additional features include a very elevated building site/ two separate titles/ and 3 phase power supply than can be relocated subject to network approval and costs.

Overall this property is a very sound offering with versatile options.
Deadline sale closing 4pm Thursday March 27th 2025.
Call Ross Robertson for more information.

•Quality soils
•Quality Irrigation Infrastructure

  • Premium elevated building sites with services available
•15 mins drive to Oamaru on sealed road

•20 main paddocks with intermediary stock water troughs situated and designed to enhance best practise grazing.
•Well laned and quality Internal and boundary fences
•A set of wooden cattle yards with head bale, load out and holding yard.
•1 unit of Domestic water on Scheme
•2 x water tanks, one on each block
•Approximately 13 ha of winter kale
•Strong regressing policy of 20% per annum
•3 phase 50 KVA transformer on farm( subject to network rules)
•6 ha, 1 year pine plantings( no ETS)
•Implement shed
•Lease option on 3.0 ha

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