218 Palmerston-Dunback Road, Palmerston, Waitaki
By Negotiation
181.70 ha
4
2
2
+33
+32
Quality irrigated Lucerne & fattening property
This exceptional property is located on the town boundary of Palmerston and just 55 km to the heart of Dunedin. Currently run as a beef finishing, dairy grazing and crop growing unit, the property has great alternative land use options such as grain production or other arable cropping. The engine room of the farm is the 50 ha of Lucerne of which approximately 38 ha is irrigated by K-line. The irrigation provides summer security and keeps growth yields strong. Facilities include cattle yards, sheep yards, four large implement sheds, hay barn and a grain silo. Adding to the great balance and potential of this property is that the land is in multiple titles offering future subdivision options. A 2015 built four bedroom, two bathroom home with landscaped gardens completes the property. This is a fantastic opportunity to secure quality land with multiple land use options such as arable, supplement growing or winter support. Combined with the land being in several titles and within close proximity to Palmerston, this property provides further subdivision opportunities. Don't miss this quality offering! Disclaimer: Photos taken in Spring 2023.
218 Palmerston-Dunback Road, Palmerston, Waitaki
Web ID
DNR180102
Floor area
255m2
Land area
181.70 ha
District rates
$7,541.79pa
Regional rates
$1,026.48pa
LV
$2,660,000
RV
$3,450,000
4
2
2
By Negotiation
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By Negotiation + GST (if any)
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