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113 Pendarves Rakaia Road, Rakaia, Ashburton, Canterbury, 0 Bedrooms, 0 Bathrooms, Cropping

$4,150,000

113 Pendarves Rakaia Road, Rakaia, Ashburton, Canterbury

948758m2
CroppingListed on Fri Apr 5

Rakaia Irrigated arable property

This approximately 94.8 hectare irrigated property comprises some of the most versatile soils in Canterbury. Located just off State Highway 1 between Rakaia and Chertsey in a favoured and renowned arable area.

The irrigation water is sourced from the pressurised Barrhill Chertsey Irrigation Scheme and applied via a pivot that is best suited to the shape of the property with efficient and effective coverage.

The straightforward nature of the property with the combination of water, diverse soils, location and size all contribute to the performance, making it an ideal farm starter or an addition to a larger operation.

Historically the property has grown cereals, peas and grass seed, with the ability to finish lambs in the winter months.

Opportunities such as this with irrigation are seldom available.

Location

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Council Data

Last update : 2025 01 15
Improvement value$180,000Reduced by 0% from year 2021
Land value$3,780,000Increased by 2% from year 2021
CV(Year 2024 Month 07)$3,960,000Increased by 2% from year 2021
Land area948758m²
TitleCB22F/170;CB22F/168;CB22F/169
Type of titleFreehold
Legal descriptionRS 15842 28683-4X BLK I RAKAIA SD BLK IV ASHBURTON SD
CouncilAshburton
Estate descriptionFSIM,1/1,RURAL SECTION 28683 AND RURAL SECTION 28684
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown
ZoningRural B

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Ashburton Christian School
23.08 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
Ashburton Intermediate
23.23 km
Secondary
7-8
Government
Co-Educational
EQI: 471
6
Ashburton College
23.26 km
Secondary
9-15
Government
Co-Educational
EQI: 467
6
St Thomas of Canterbury College
52.83 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
53.92 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
91.43 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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Pendarves Rakaia Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.80 km
3
108m2
Year 2024 Month 10 Day 04
$435,000
Council approved
2.11 km
0m2
Year 2024 Month 09 Day 25
$225,087
Council approved
99b South Town Belt, Rakaia
0.74 km
3
1
86m2
Year 2024 Month 09 Day 12
$488,000
Council approved
0.70 km
3
1
84m2
Year 2024 Month 08 Day 29
$430,000
Council approved
0.89 km
0m2
Year 2024 Month 08 Day 15
$195,000
Council approved

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Ref:5523634Last update:2024-11-22 11:01:01