Today’s featured property at a glance

Address: 915 Palmerston-Waikouaiti Rd. 50km from Dunedin; 60km from Oamaru; 3km from Palmerston. Area: 42.5153ha (105 acres)

Topography: Flat to rolling, with some steeper faces.

Improvements: Five-bedroom home with open-plan kitchen/dining/living area. Heated by a logburner on a wetback, this area opens onto a sunny northfacing deck. Separate single garage.

Farm buildings: One-stand woolshed; five-stand implement shed (three bays open, two closed as workshop).

Land use: Paddocks all in grass. Ideal sheep and beef, dairy grazing.

Cropping on flat paddocks.

Fertiliser: As paddocks have been developed, soil tests have been undertaken. Fertiliser and lime have been applied as per recommendations of the fertiliser company representative.

Water: Two units on the Stoneburn rural water scheme. Two storage tanks. Water available in paddocks via troughs.

Rates: $3425.45 Waitaki District Council.

RV: $935,000.

Method of sale: On-site auction at 12.30pm on October 10. Prior offers considered.

Possession: December 15, 2017.

Agent: Russell Cotton (027-465-7442); LJ Hooker Dunedin, 63 Musselburgh Rise, Dunedin. Phone (03) 470-1370.