72.6 hectares.
Nestled in the popular farming district of Mangamingi is this superbly presented sheep and beef farm which is located adjacent to Lake Rotorangi.
This very attractive property is well set up in terms of buildings and improvements with a spacious modern four bedroom summit stone home with all the modern conveniences. There is a three bay lock up shed / workshop next to the house along with separate sets of cattle and sheep yards.
The property is subdivided into 20 main paddocks with very good mainly 9 and 10 wire fences with a hot wire around flats and easier contour.
There is two gravity water systems reticulating to eight troughs on the easier contoured land with natural water for the balance of the property.
Fertilizer has been consistently applied by plane on an annual basis which is reflected in the pasture and stock produced and finished.
Our vendors is carrying 220 ewes which produce around 300 lambs which are finished to 17-18 kg with 25 weaner Friesian steers bought in annually with the primed steers being sold as mainly 2 1/2 year olds.
This faithfully farmed property could suit a variety of purchasers including someone who is stepping back but still wants a smaller farming interest, possibly a nearby farmer to add to their operation, someone who has an off farm income but wants to retain a farming interest or even possibly people who have a passion towards tourism and or recreational water / boating sports with the attractive Lake Rotorangi on your boundary.
A property well worth the time to come and inspect.
Capital Value $980,000 and $165,000 = Total $1,145,000
Vendors invite Offers Around Capital Value
This property is proudly listed by:
First National Mills & Gibbon - Stratford
P O Box 304
Stratford NZ 4352