265 Akatore Road & 299 Akatore Road, Taieri Mouth Location (Click here for Location Map) The property is approximately 2 kilometers south of Taieri Mouth, 20 kilometers south of Brighton, 37 kilometers from Dunedin International Airport and 42 kilometers from Dunedin CBD. Surrounding land generally comprises medium sized rural holdings used mostly for intense grazing purposes and scattered lifestyle blocks. Historically Taieri Mouth has been a small coastal settlement (fishing village) dominated by holiday homes. However significant changes in demand have occurred over coastal areas resulting in significant improvements to existing homes and new permanent residences. Land Description Generally this block is moderately sloping and undulating land with a dominant aspect to the east overlooking the surrounding coast line. Farm access roads are well developed leading to the two dwellings and the land is well fenced both in deer and conventional wire strand type fencing. Most of the land is characterized by broad ridges and small gullies many of which have retained natural vegetation. These form small run off areas with water dam storage areas developed for stock. The coastline itself features rock outcrops and small areas of beach with the farm land generally being well elevated above the coast line. Resource Management Considerations The land is zoned both Rural and Coastal Resource Area and is within the Clutha District Council. The rural classification permits residential development at a density or separation distance of 200 meters between dwellings subject to site suitability. The Coastal Resource Zone acknowledges the need for minimizing adverse affects and subdivision would likely attract discretionary and controlled status from Council and possible Resource Consent. We note the presence of Archaeological Sites along the coastline of this property. Pre European occupation is common along this Coastline.

Dwelling 1 – 265 Akatore Road

This residence comprises a 336sqm home (built in 2000) offering a very high standard of fittings and appointments. A feature is the open plan main living space (generous size) with a highly equipped kitchen, a master bedroom wing with ensuite, study and separate living. The opposite wing has two double sized bedrooms combined access to the bathroom or ensuite and a rear mezzanine floor and entertainment area. We note the presence of double glazing, a heat pump, two solid fuel heaters as well as a Jet Master in the lounge. A feature is the extensive glazing facing to the north with ready access onto a large area of timber decking. Attached at the rear of the building from the main entrance is a portico.

Located nearby is a basic colour steel cottage & double garage, with double bedroom and self contained facilities (shower & toilet).

Dwelling 2 – 299 Akatore Road

Conventional bungalow of 246sqm built in 1965, five bedrooms, two bathrooms, open plan kitchen/dining/living - has been subject to a substantial upgrading of kitchen, bathroom and en suite. A large deck with views along the coast, North & South with access from two sides of the house. Also double garage with internal access.

Farm Buildings:

Equipment shed, deer shed, a hay barn and 15 ton grain silo.

Farm details;

The farm is subdivided into 52 paddocks with 150 acres in deer fencing. Fences are mostly post & wire but there are some 4 wire electric as well. Stock water is pumped from a pond to tanks where it is gravity feed to water troughs. There are several other ponds around the farm. There are numerous shist rock deposits with one of these been made into a rock quarry - shist rock is ideal for tracks & roading. A plantation of 12yr old pines radiata trees have been planted on a 7ha area that slopes down to the Akatore Creek.

Farming practices;

With the owners coming form America 10 years ago they brought with them plans to farm the property organically which over the last few years they have been practicing. It is estimated that the farm is running 2500su of mainly Fallow deer and Hereford cattle. There are still some sheep being grazed mainly for pasture management. A conventional sheep/beef farm should support 3000su going by local farming standards. Trace elements come from a 10% seawater solution applied in a mix with molasses, liquid lime, compost teas and anything else that will feed the soil. It is of note that cattle freely graze the kelp seaweed washed on the beaches & rocks.

Agents comments:

Being a comfortable driving distance from Dunedin CBD and Dunedin International Airport, the very first farm property south from Dunedin that runs down to the sea with approximately 2.5kms of water front, already in nine titles, this special property has much potential. A feature of the water front is three small sandy beaches, the Akatore Stream & Estuary along with the ability of easy walking access to the sea at any point. Several caves also feature along the seashore and there appears to be no problems with erosion as there is mostly rock out crops protecting the cliff face.

With the owners practicing organic farming there are many options to take full potential of the farm or of intensifying the management with traditional farming practices. With natural cover in the small gullies, easy contour and the natural benefits of farming close to the sea this farm has in no way being farmed to its true potential.

The owners have plans in place to create a lifestyle farm park by creating pockets of lifestyle dwellings that the new owners would then own as well as been partners in the farm and profits generated from it. This project could be achievable in the near future and with the farm already having two dwellings with the option to purchase a further cottage with sheds that is adjacent to Sea Farm, in nine freehold titles, part of the Clutha District (a very progressive Council) there is potential immediately to subdivide into lifestyle units. The closeness to Dunedin City, the Taieri Mouth fishing village being 2kms away and this being still very affordable property to the average person it all allows for further development now or in the future.

Legal Description

Cert of Title

Hectares