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124 Niagara Waikawa Road, Tokanui, Southland

Local Addition or First Farm

Grazing
dollar

Offers Over $1,795,000 Plus GST (if any)

Land area
167.47ha
Title type
Freehold
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Property details

Listing # 5302897 | Listed on 10 December

This Waikawa Valley property comprises 167ha and is located approximately 20km from Tokanui and 11km to Curio Bay. The farm offers a balanced mix of easy front country through to steeper faces, soils are predominantly heavier silt and clay loam. There is a consistent fertiliser and pasture renewal programme carried out on an annual basis. Improvements include a four-bedroom home, three stand woolshed with covered cattle and sheep yards, there is an eight bay implement shed. There is spring-fed water supply that is gravity-fed to troughs, to approximately half of the farm with the balance being natural. There is an all-weather track which provides access around the farm. The vendor operates approximately 1200 stock units, including 900 mixed-age ewes lambing around 140% and finishing lambs to 17.5–18.5kg, together with 40–50 breeding cows with calves sold at weaning. This is a genuine opportunity to purchase an affordable first farm or local addition to a larger unit.

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