Seldom do such well-developed bareland properties come to the market. Located only 7 km from Palmerston North and all its amenities. The property reflects the significant ongoing development program which has happened, so all the hard work is complete, leaving the new owner with all imminent productive benefits, without any of the capital costs.
The predominantly flat contoured property is extensively Novaflo drained and mole drained (2021). The lengthy cropping program has resulted in almost all the pastures being renewed, with fertility tests showing the Olsen P levels ranging from 25 - 44.
The well-maintained central race system (with metal sourced on farm) allows for ease of management. Every paddock has access off the race, and flows back to the new stock handling facilities.
The balance of silt and sandy loam soils ensures the property has the ability to grow a variety of crops, having recently grown maize, barley and fodder crops. Currently the property is used predominantly for livestock grazing and finishing with two main classes of stock being R2 dairy grazers and prime beef heifers/steers. Cropping is presently underway.
The lower terrace offers the added bonus of being suitably free draining for winter grazing, with any waterways or ineffective area being riparian planted and fenced off.
For those looking for a property with versatility, excellent scale, an outstanding location and a well completed development program, this property will either enhance your existing portfolio, or be the perfect way to start one.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 4.27 km | 3 | 2 | 178m2 | 2024年04月16日 | $600,000 | Council approved | |
 | 4.18 km | 3 | 1 | 114m2 | 2024年02月23日 | $650,000 | Council approved | |
 | 4.09 km | 3 | 1 | 93m2 | 2024年01月31日 | $535,000 | Council approved | |
 | 4.03 km | 3 | 1 | 92m2 | 2023年11月10日 | $569,000 | Council approved | |
0.28 km | 3 | 2 | 256m2 | 2023年11月09日 | - | Council approved |