Opportunity at Otokia

PGG Wrightson Real Estate are delighted to offer this well located Taieri coastal hills mixed sheep, cattle, and forestry opportunity. Held and farmed by the Adam family since circa 1860's, the property has been home to four generations of the family and their employees over that time and is now offered to the market for sale by tender.
Comprised of 196.7301 hectares of predominantly medium rolling land, it has been utilised primarily as a sheep unit with some dairy grazing, along with the incorporation of farm forestry in appropriate places also. Considerable further thought and investment over many decades has been made in terms of selected other desirable tree planting in the pastoral parts of the property, creating a very desirable environment legacy and excellent stock shelter also.
Improvements include a substantial five-bedroom home situated in a private elevated position, an older woolshed and associated yards, good farm access roads as well as its own airstrip. Water is provided by the local DCC West Taieri water scheme plus some ponds.
Purchase options include the complete property or 3 other land/home component options (STS and resource consent), providing a rare opportunity to secure a medium size farmland parcel overlooking the Taieri and within minutes of Dunedin City and local amenities.

TENDER
Plus GST (if any)
(Unless Sold Prior)
Closes 12.00pm, Wednesday 11 February