Nestled off the Scenic Triangle's Inland Road, this freehold property at 236 Sherwood Road, Waiau, Hurunui, is a pastoral gem that exceeds expectations. With a floor area of 390 square meters and a vast land area of 2,962,299 square feet, it boasts a 4-bedroom, 2-living area home in good condition, complemented by a separate garage. The property's infrastructure includes well-appointed cattle and sheep yards, a covered yards/wool-shed complex, and an array of sheds for storage. Notably, it has a 6.8km road frontage on a quiet road, and the wool-shed features a 3-stand raised board layout. The capital value has seen a rapid increase of 28.3% from $4,505,000 in 2019 to $5,780,000 as of 2022, with the HouGarden AVM estimating the property at $5,415,000. The latest sale was for $5,500,000 in 2024, a significant jump from the $980,000 sale in 2000.
As for the government valuation, the property has demonstrated consistent growth, reflecting its superb balance and productivity. The Amuri Area School, a composite school with a decile rating of 8, is in the vicinity, adding to the property's appeal. This is a property where a drive-by doesn't do it justice, offering a perfect blend of farming potential and natural beauty.
With an average rainfall of 1000mm and an altitude of approximately 250 meters, the property is considered 'summer safe' and boasts excellent pasture quality. It's subdivided into 44 main paddocks, typically stocked with around 2000 sheep and 200 cattle, and features well-trimmed shelter belts and native plantings. This is a property that not only promises productivity but also a serene lifestyle in a coveted school zone.
Updated on July 26, 2024