Pennyweight Hill was the location of an historic gold mining area and it is here at 53 Home Hills Runs Road that you meet your opportunity to own a slice of what is truly “Iconic Central Otago” and to live the good life presents itself. Located close to the Oteake Conservation Park, the historic townships of St Bathans, Oturehua and Ranfurly this is an interesting part of Central Otago and close to Alexandra and the Upper Clutha – Queenstown Lakes region.
This diverse 90 hectare property comprising 4 titles has approximately 22 hectares of hay paddocks to support winter feed production, approximately 13 hectares of sheltered alluvial gold mine workings, a closed coloured schist – building stone quarry, clay and gravel gullies with the balance in open pasture hill face and sheltered gullies for the occasional pig and deer to hide in when roaming the open spaces of the neighbouring run properties. The property has good potential to become a specialised stock unit with the opportunity to continue to farm the property or to follow your rural lifestyle dream, start up a tourism business or continue with mining.
A partly renovated homestead (as is where is) is waiting for a carpenter to knock it into shape or knock it down, an 1890s mud brick smithy - wool shed and out buildings add to the mix along with cattle yards and a large open hay barn. The property is ready for a new owner to bring with them their ideas and energy to engage with the opportunities on offer.
The property is being offered for sale by inquiry over $980,000 plus GST.
Please call Grant Richards on 027 480 8334 for further information and your appointment to view this property.