Weekend Herald

Paradise found in three Marlboroug­h properties

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A portfolio of properties in the Marlboroug­h Sounds are well positioned for buyers wanting to combine the iconic elements of a New Zealand dry stock farm with an enviable coastal lifestyle.

Located at French Pass, Marlboroug­h Sounds, the three properties at Waikawa Bay and Admiralty Bay offered by Bayleys provide a unique set of developmen­t opportunit­ies, or the chance to be combined and maintained as a single operating farm unit.

The Deep Bay property totalling 283ha features the full range of infrastruc­ture required on an operating farm, including a fourbedroo­m homestead on the water’s edge, three-stand woolshed, implement sheds, yards and an airstrip.

This property, in conjunctio­n with the Waikawa Bay (183ha) and Waikawa Peninsula (288ha) properties, is run as an operating dry stock farm and all three have benefitted from a high standard of care and attention to maintenanc­e.

Bayleys rural agent Doug McKee says interest has been strong in the three properties, and the fact each have multiple titles on them opens a broad range of opportunit­ies to buyers considerin­g a holidayrec­reational option within the land area.

“You have five titles on the Peninsula property, four on the Waikawa Bay block and five also on the Deep Bay property. The potential to combine the farm operation with some level of developmen­t in what is an unparallel­ed location is certainly driving interest across the portfolio,” says McKee.

The homestead on the Deep Bay

property located in Admiralty Bay has the expanse of the entire bay to itself, with the well-maintained wharf only metres from the house providing easy access for both boat and helicopter landings.

Meantime Waikawa Bay features a two bedroom-woolshed combinatio­n

on a block with a stunning sandy bay angled towards D’Urville Island, offering safe boating and a private bathing area.

The Waikawa Peninsula property provides dramatic views across the southern end of D’Urville Island and Tasman Bay, with spectacula­r building sites abounding within its boundary. Facilities also include a woolshed, yards and shed while beach access also includes a 3 tonne all weather mooring facility.

Having all the properties under sole ownership for the past 10-15 years means they have benefited from a high and uniform level of care while being run as a farm operation.

The three properties are on the market by tender, closing March 11. Indicative prices are upwards from $2.95 million for Deep Bay, $1.95 million each for the Waikawa Bay and Waikawa Peninsula properties.

 ??  ?? One of the three Marlboroug­h properties for sale.
One of the three Marlboroug­h properties for sale.

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