Nestled on the esteemed Hadlow Road, this 31 hectare freehold property is a pastoral gem, minutes away from Timaru. The estate boasts two units of Downlands water allocation for livestock, with multiple building platforms offering panoramic views of the Alps, ocean, and plains. The property is subdivided into 11 well-fenced paddocks, complemented by a range of ancillary buildings including a 2009 enclosed iron shed, implement and tractor sheds, and haybarns. The cattle yards, with concrete flooring and convenient holding areas, are well-equipped. Additionally, a half-circle open-ended shed and a separate pen shed are used for calf rearing. With 80% of the pasture renovated since 2016, this property has seen impressive kale crops. Each paddock has stock water troughs, gravity-fed from the Downlands scheme with a 25,000 litre storage on-site. As for the property's valuation, the capital value has seen a 20.69% increase from $870,000 in 2020 to $1,050,000 as of 2023. The HouGarden AVM estimates it at $1,440,000, with the latest sale recorded at $915,500 in 2024 and $950,000 in 2021.
For families, the property falls within the catchment of top-rated schools, including Barton Rural and Gleniti Schools, both with a decile rating of 9. Other schools in the area include St Joseph's School and Mountainview High School, with respective deciles of 7 and 6, while Craighead Diocesan and Roncalli College cater to secondary education with deciles of 9 and 7.
Updated on September 25, 2024