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94 Middleton Road, Cromwell, Central Otago, Otago, 3 Bedrooms, 1 Bathrooms, Grazing

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94 Middleton Road, Cromwell, Central Otago, Otago

3
1
2
131770000m2
GrazingListed on Fri Jun 30

Cromwell Expansive South Island High Country Station

PGG Wrightson are proud to welcome you to Northburn Station, a breathtaking 13,177ha (subject to survey) high country estate nestled amidst the pristine beauty of Central Otago. Boasting an awe-inspiring landscape, this remarkable property presents an unparalleled opportunity for those seeking an extraordinary lifestyle in one of New Zealand's most coveted landscapes. The original Northburn Run is freehold up to the top (1647m) including ownership of the iconic Leaning Rock Tor. Northburn runs approximately 11,150 stock units of Merino sheep and cattle, on a combination of irrigated flats and terraces, developed dry land hill and over-sown and top-dressed high country.

With its substantial size and natural resources, Northburn presents immense development potential including the consented high country canyon swing operation. Whether you envision an exclusive retreat, an eco-friendly resort, or a luxurious private estate, the possibilities are limited only by your imagination.

Northburn Station benefits from its convenient location, with nearby access to amenities. The Queenstown and Wanaka airports are within easy reach, connecting you to major cities and international destinations. The proposed Tarras airport is only 15 minutes away.

Northburn Station is a once-in-a-lifetime opportunity to own a prestigious high-country station that offers unparalleled beauty, seclusion, and development potential. Whether you seek a private retreat or a visionary legacy investment along with proven award-winning merino ultra fine wool flock, this extraordinary property is the pinnacle of high country living.

The property is currently leased to a proven high performing local wool grower who farms the property conservatively, which this rugged environment demands. The properties are offered for sale with this lease in place which has five years to run.

To discover more about Northburn Station and seize the unique opportunity to create a legacy in this remarkable corner of the world, contact the vendors agents Mike and Trevor.

Location

Council Data

Last update : 2024 06 26
Improvement value$270,000Increased by 5% from year 2019
Land value$430,000Increased by 79% from year 2019
CV(Year 2022 Month 08)$700,000Increased by 41% from year 2019
DeckYes
View typeNo appreciable view
ContourLevel
Land area809m²
Floor area116m²
Decade of construction1949
TitleCB517/154
Type of titleFreehold
Legal descriptionLOT 9 DP 13576
CouncilChristchurch
Estate descriptionFSIM,1/1,LOT 9 DEPOSITED PLAN 13576,809m2
ConstructionExternal Walls: Wood Roof: Tiles
ConditionExternal Walls: Average Roof: Average
ZoningResidential Suburban

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Cromwell Primary School
5.01 km
Primary
1-6
Government
Co-Educational
EQI: 422
9

Property history

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For developers

Unitary plan:Residential Suburban
Land:131770000m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.21 km
1
105m2
Year 2024 Month 05 Day 27
$699,000
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0.33 km
2
1
79m2
Year 2024 Month 04 Day 12
$451,100
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0.38 km
4
120m2
Year 2024 Month 03 Day 07
$665,000
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0.78 km
3
103m2
Year 2024 Month 03 Day 01
$712,000
Council approved
354 Blenheim Road
0.33 km
6
2
-m2
Year 2024 Month 01 Day 29
$737,000
Council approved

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Ref:ALE38005Last update:2024-05-16 09:51:11