Attention Developers and Farmers

This exceptional 223.93 hectare property offers a prime investment opportunity for discerning purchasers. Located close to Rangiora in the preferred lifestyle area of Loburn, it boasts significant potential for lifestyle subdivision. An approved resource consent allows for the development of 38 lots of four hectares or more, plus one 29 hectare lot, representing an attractive development proposition.

Currently operating as a well-established and productive beef and dairy grazing unit with a strong history of dairy support, significant investments have been made to the property. These include the establishment of modern pastures, a new stock water system, upgraded fencing and improved infrastructure.

The property is well-supported by a comprehensive array of farm buildings and complemented by a comfortable three-bedroom two-storey home which has undergone considerable renovations.

Currently grazing 415 R2 in calf dairy heifers and 240 R1 dairy heifers, the property has a long history of dairy support. The entire farm has been regrassed with modern pastures in recent years and has recently grown fodder beet, kale, rape and raphno. Over the last five years, large amounts of fertiliser inputs have been applied.

A new stock water system has been installed with 50mm lines and large 1,500L cattle troughs, with water for both domestic and livestock use supplied through five units of county water and well water.

Divided into approximately 39 paddocks, the property features high-quality traditional fencing, with an electric wire installed throughout most of the property. A variety of established shelter trees and some shelter belts are located throughout the property.

Take this opportunity to invest in a property that offers strong productivity and returns, combined with future subdivision development potential in an area poised for expansion. This winning combination makes it an attractive proposition for investors looking to capitalise on both current farming operations and long-term development opportunities. With the initial steps for subdivision already completed and secured, don't miss out on this exceptional investment.

Plus GST (if any)