Lifestyle Opportunity With Views and Flexibility
58 McElwee Road, Meadowbanki, Palmerston
Deadline Sale - 12.00pm, 25 March 2026 (Unless Sold Prior)
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There are currently no scheduled open homes.
67.01716ha total property.
Positioned just minutes from Palmerston, this expansive lifestyle subdivision offers three well proportioned lots, each with its own title and ready for immediate takeover. With breathtaking panoramic views across the Kakanui and Horse Range mountains, flat to gently rolling contour, and multiple established improvements, this property provides an exceptional opportunity for lifestyle seekers, downsizers, equestrian buyers, and hobby farmers alike.
Whether you are looking for a peaceful retirement block, a first farmlet close to town, or land with serious future potential, this subdivision delivers unmatched versatility.
Power is already connected to Lots 1 and 2, with a transformer conveniently located for Lot 3. All blocks offer excellent building platforms to take advantage of the stunning rural outlook.
Lot 1 - 31.7552ha
Includes large multi purpose storage shed/wintering shed, electricity connected, sleepout, cattle yards, excellent building platform with panoramic rural views. Flat to easy rolling land ideal for stock, horses or development. Lot 1 combines productive land with quality improvements, offering a ready- made base for a lifestyle or farming operation.
Lot 2 - 20.2343ha
Includes a three bedroom roughcast dwelling. Currently rented. Favourable contour for grazing or lifestyle use. Potential for a future homesite with expansive views. A fantastic option for investors, owner-occupiers, or those wanting an income while planning their future build.
Lot 3 - 15.0821ha
Includes utility sheds, two proposed future building platform options. Horse shelters/small calf sheds, easy working contour and excellent access. Nearby transformer for power connection. Lot 3 is ideal for equestrian buyers, hoppy farmers, or anyone seeking a blank canvas with improvements already in place.
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.