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56 Opihi Terrace Road, Pleasant Point, Timaru

Farm owners set to retire after 160 years

Finishing
dollar

Deadline Sale

Land area
551ha
On this page:

Deadline sale

Thursday
4:00pm
27
Nov

Property details

Listing # 67037004 | Listed on 23 October

Our vendor has issued clear instructions to sell this quality farming asset after 160 years of ownership, to enable retirement and family succession. Since 1866, the property has been thoughtfully and faithfully farmed with efficiency and productivity in mind by the current and previous generations of family ownership.

A substantial 551 ha rural holding in the heart of South Canterbury, 56 Opihi Terrace Road offers scale, versatility and location. With approximately 350 hectares irrigated via the Opuha Irrigation Scheme supply, the property is well suited to dairy support, beef finishing and arable production. The land comprises a mix of heavier terrace soils and lighter alluvial flats, supported by a solid array of infrastructure including two dwellings, modern farm buildings, and stock handling facilities. The property has potential for subdivision into three distinct blocks, enhancing future market accessibility.

The farm has been developed over the decades and features the following:

  • 551.15 hectares freehold, plus the option of an adjoining 133 hectare lease. Overall effective farmed area of approximately 518.12 hectares.
  • Spray irrigation covers approximately 350 hectares, pivot irrigation of 122 hectares and gun irrigation of 206 hectares from the Opuha Scheme water take.
  • Consistent wintering and finishing of dairy young stock and beef cattle, plus arable – all held under the existing Farming Land Use Consent.
  • Good balance of heavy upper terrace soils, with lighter soils across the lower terrace.
  • Immaculate and modern five-bedroom family home, with established grounds, plus a tidy second three-bedroom home.
  • Quality farm improvements, with two sets of well-maintained cattle yards, grain silos, office and workers building, plus multiple large storage sheds all in very good condition.
  • Impressive large workshop complex located in the main yard area, approximately 320sqm.

Being handily located near Timaru and on some of South Canterbury’s most productive farmland, the property has been farmed to a high standard with an eye to develop the land into its highest and best use, which in the future could include dairy farming and further subdivision.

Qualified purchasers will have the opportunity to view the property by appointment only, contact the sole agents for further information. We strongly encourage an early inspection.

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