Rural

1183 Waianakarua Road, Kakanui, Waitaki

'Belmedia' Coastal Paradise - 136 Hectares

Horticulture
dollar

Enquiries Over $6,000,000 Plus GST (if any)

Land area
136.42ha

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Property description

Listing # OAM44145|Listed on 8 October

‘Belmedia Farm’ is an outstanding coastal property that combines productive farmland, quality infrastructure and exceptional future potential in a spectacular North Otago setting. Located just south of Kakanui and spanning approximately 136 hectares, this versatile holding enjoys stunning Pacific Ocean views while supporting a successful mix of dairy support and horticultural activities. Fertile soils, favourable contour and an established irrigation system make the property highly productive and well suited to a range of agricultural enterprises.

A standout feature is the extensive irrigation infrastructure, with approximately 120 hectares irrigated by four pivots supplied through the North Otago Irrigation Company scheme. This reliable water source supports strong pasture and crop production while enhancing the property’s long-term value and versatility. Additional irrigation turnouts service both the homestead and seaside blocks, providing flexibility for a variety of future uses. The Seaside block is currently leased for dairy support grazing. The Homestead block is currently tenanted by a market gardener growing specialist vegetable crops.

At the heart of the property is a well-maintained four bedroom (plus study) family home set amongst established gardens and mature trees, offering comfortable country living in a picturesque setting. Complementing the improvements is an impressive range of farm infrastructure, including a 3-stand woolshed and sheep yards, implement sheds, workshop facilities, cattle yards and grain storage. These improvements provide the scale and functionality required for efficient farm management.

Adding to its appeal is the property’s consented 30-lot subdivision potential, creating an exciting opportunity for investors, developers or purchasers seeking a strategic landholding with future upside. Combining productive farming land, secure water, quality improvements, income-generating capability and breathtaking coastal views, ‘Belmedia Farm’ represents a rare opportunity to secure one of North Otago’s most versatile and attractive rural properties.

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PGG Wrightson Real Estate Ltd (Licensed: REAA 2008) - Oamaru

Dave Heffernan

PGG Wrightson Real Estate Ltd (Licensed: REAA 2008) - Oamaru
9 active listings

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