143 Otiake Road, Oamaru, Waitaki
price TBC
204.56 ha
Outstanding grazing property
This attractive well located 204 ha majority irrigated property is currently utilised as a dairy wintering and silage production block. 145 ha flat irrigated with fixed grid and hard hose gun, 136 shares in Kurow Duntroon Scheme with large solar grids creating NIL electricity costs. Balance of the property is rolling to steeper contour. The lovely, well appointed 2014, 5 bedroom 393m2 home has many features including large open plan kitchen/dining/living, walk in pantry, media room, double internal access garage and expansive sheltered outdoor patio area. Impressive array of improvements including 12x18m workshop/Implement shed, 4 bay lean to, 17x18m Oiake stone storage shed, old woolshed and large cattle yards. Further complemented with a 300,000m3 storage pond and a reliable private stock water scheme.
Chattels
143 Otiake Road, Oamaru, Waitaki
Web ID
OMR94865
Land area
204.56 ha
District rates
$8,611.28pa
Regional rates
$2,227.00pa
LV
$3,730,000
RV
$4,920,000
price TBC
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About the location
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This 78 ha bareland block in a sought after location in the heart of the lower Waitaki Plains lends itself to multiple land uses with its flat contour and free draining silt loam soils. Currently irrigated with 73 shares in the Lower Waitaki Irrigation Company the property does require development due to the borderdyke irrigation. The favourable shape coupled with the reliable, cost-effective irrigation source adds to the overall appeal of this property. Sale by Auction on Thursday 28th August, 2025
Auction
- Blocks of this scope and location are seldom available to lease - 409 ha property with 6.5 points of water - 3 bedroom home, cottage, cattle yards and a share of a 3 bay lockable American Barn are included in the lease - Easy rolling contour with some steeper faces the property is subdivided into 30 paddocks with a portion of native bush - Lease on a 3 year plus 2 further rights of renewal 3 plus 3. - Located in Moeraki approx. 41kms south of Oamaru and 77kms north of Dunedin - For Lease by Tender closing Thursday 14th March, 2024 (prior offers considered)
Tender
Nestled amongst the vines with commanding views of the Waitaki Valley you will find your solace here. Build your new home, develop the irrigation potential, continue to graze the property and enjoy your own vineyard. This 49 ha property offers the discerning buyer an opportunity to own a part of Pure New Zealand. • 49 ha • Doctors Creek Road, Otekaieke • 49 Irrigation Shares, Kurow Duntroon Irrigation Company Ltd • Premium Building Sites over-looking the Waitaki Valley • Approximately 4 ha of Grape Vines, • Irrigation Potential • Early Inspection recommended. Vendors Instruction, all offers will be considered. Deadline Sale closing Friday, 4pm, 30th October, 2020. Price + GST (if any)
Deadline Sale
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