Price Slashed – now 25% below RV

 

Property I.D.: RAL679
Price: SOLD
Land Area: 27.2415
Productivity: maize 20t/ha+
Other:
District: Manawatu
Nearest Town: Palmerston North 3km
Address: 875 Roberts Line
Bedrooms:

Additional Features:

Rateable Value (2018) is $1,170,000. The Owners want action so have set asking price at a very realistic $879,000 plus GST. 

Yes, it’s not a typo, that’s 25% under Rateable Value and just $13,060/acre for prime land within walking distance of the city. You won’t find better value

A superb opportunity awaits to acquire a strong fattening and/or cropping block in close proximity to Palmerston North

Location  – a few kilometres from the city
Soils         – free draining soils that also hold on well in the summer
Layout     – central lane to 12 paddocks with reticulated bore water supply

  • This 27.24ha (67 acre) property has a long history of excellent pasture and crop production
  • Well suited to finishing bulls, rearing dairy heifers or maize
  • Soil types include the highly regarded Karapoti silt loam and Te Arakura fine sandy loam
  • Reticulated water supply to troughs from a bore via a legal easement
  • The property is easy to run with metalled laneway servicing most of the 12 main paddocks
  • Improvements comprise a half-round haybarn
  • Also an older set of yards which could be upgraded to be fully functional

You can choose to live in the convenience of town but “commute” to the farm within a few minutes

DISCLOSURE: Most of the land lies within a 200-year flood risk zone as determined by Horizons. However in the past 34 years, apart from some occasional surface ponding the vendor has only seen floodwaters across it once. Recent works on the adjoining Mangaone Stream have improved flow significantly. 

RAL679

 

(481)

About Robert Dabb

Mobile 027 255 3992
Office 06 323 3363
Home 06 353 0298
Email: robertd@ruralandlifestylesales.com