657 Allison Lane, Ranfurly, Otago

Nestled on 158.1629 hectares of flat to easy rolling dryland, this idyllic pastoral property at 657 Allison Lane, Ranfurly, Otago, is a freehold haven. With an unknown roof and wall construction, this property boasts a single bathroom and is devoid of carparks. The property, categorised as 'Pastoral - Finishing', has seen a significant Capital Value (CV) increase from $1,150,000 in September 2019 to $1,350,000 as of October 2022, marking a growth rate of 17.39%. The HouGarden AVM estimates the property's value at $1,352,500. The latest sale history includes transactions on November 5, 2024, for $1,244,000 and May 27, 2016, for $1,200,000. It's a perfect block to augment an existing farm or for downsizing, with a prime location to construct your dream home.

Additionally, the property features an implement shed, silage pit, woolshed, and sheep yards, complemented by modern cattle yards. It is subdivided into 26 paddocks, with the majority renewed in recent years. The stock water scheme is reticulated, pumped from a creek to hilltop tanks and distributed by gravity to troughs.

For families, the property falls within a desirable school zone with excellent educational facilities.

Updated on December 11, 2024