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386 Agnew Road, Oturehua, Central Otago

Price by Negotiation

890.9ha

Fenlaw, Oturehua

A rare opportunity exists to purchase this very well-presented, high performing property which has been developed by the Wilson Family over the past 25 years.

Fenlaw is Centrally situated being some 6.5kms to Oturehua, 29kms to Omakau, 30kms to Ranfurly and 55 to Alexandra.

The property has a full range of improvements including tastefully renovated four bedroom home, with adjoining stone cottage, a 3 stand woolshed cover yards along with array of implement and hay sheds cattle and sheep yards.

This is a very well-balanced property with central laneways and fenced to a high standard achieving very good production across the Romdale and half-bred sheep and trading cattle.

Irrigation Water consists of 65 shares in the Hawkdun-Idaburn irrigation Company delivering 16ltr/sec continuous supply from 15 September to 30 April to 380 k-line pods. The owners currently irrigate with 380 k-line pods There are plans to look at capturing winter water and expand and develop the current area irrigated (subject to consents).

Option One: Entire property being 890.8815 hectares

Option Two: Homestead Block 89.3142 hectares on two titles

Option Three: Hill Block comprising of 228.6500 hectares

Option Four: Farm Block being 573. 0273 hectares

Additional details

Type

Unspecified

Property ID

DUN36125

Listed on

08/11/2024

Updated

11 days ago

Data

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OneRoof estimateRating valuationProperty history

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Property data

Broadband available

Floor area

898m²

Land area

317.96ha

Type of title

Freehold

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Oturehua, Central Otago

Oturehua is a suburb which lies within the Territorial Authority of Otago, one of 23 residential suburbs which form the wider region. Oturehua is the 14th largest suburb of Otago in terms of the total number of residential housing stock. Oturehua provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 2010 - 2019. Residential housing stock in Oturehua is made up of approximately 60% residential housing , 2% residential investment housing and 38% lifestyle properties.

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