464 Springfield Road, Springfield, Selwyn, Canterbury

Tender (will not be sold prior)

1pm, Friday 3 May 2024

68 South Terrace, Darfield

Available to the market for the first time in over 100 years Springvale provides a fantastic opportunity for those seeking a balanced and scaled property in a highly desirable location within one hour of Christchurch.

Covering 695 ha there are over 130 ha of flats which have a range of highly productive soil types. There is approximately 150 hectares of rolling downs 70 of which is developed. The balance is made up of approximately 400 hectares of medium to harder hill along with some undeveloped riverbed. The property is subdivided into 20 main paddocks with the hill subdivided into 5 main blocks.

The property is currently leased and has in recent years been utilised as a sheep and beef breeding operation however reference period history (2014-2019) and soil types allow for a broader farming mix which might include dairy support and mixed cropping options.

The sale of Springvale would include the transfer of a resource consent to extract aggregate which provides a hands-off revenue stream.

Infrastructure includes two homes, a three-stand woolshed, haysheds, workshop and stock handling facilities.

Properties of this scale and balance in this tightly held location seldom come to the market. Discerning and strategic purchasers will recognise this and be cognisant of the potential to enhance the productive capacity of the property.

On behalf of our Vendors, we are privileged to bring this exciting opportunity to the market. For further information or a viewing contact the listing agents.

For more information, please copy and paste the following link into your web browser:

https://www.propertyfiles.co.nz/property/811870004