Glenhope. Lewis Pass Highway, North Canterbury 9,295 hectares

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Glenhope Lewis Pass Highway, North Canterbury 9,295 hectares

Contents 1. Introduction 2. Homestead 3. Farm buildings, Contour 4. Stock, Soils 5. Subdivision, Cover, Water Supply, Rainfall 6. Access, Services, Legal Description 7. Comments 8. Method of Sale 9. Swing Bridge over the Waiau River 10. Topographical Map 11. Area Map DISCLAIMER: Any interest in this property should be registered with the Vendor s Agency. Contents of the Comprehensive Property Report do not form part of a contract. Whilst care has been taken in its preparation, no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own inquires and satisfy themselves in all respects.

1. Introduction DESCRIPTION Approximately two hours drive from Christchurch is this 9,295 hectares of iconic South Island High Country in the Lewis Pass, bounded by the Waiau, Boyle and Hope Rivers. This magnificent expansive parcel of pastoral lease is not only predominantly a recreational dream with hunting, tramping, biking, fishing and horse trekking, but also a property of farming potential and development, particularly with cattle and deer breeding. It has a four-bedroom home, woolshed and covered yards and a 300 hectare well-developed deer unit. Scenically, it cannot be challenged - mainly due to its fabulous "jewel in the crown", the Magdalen Valley, comprising amazing flats and rising to commanding peaks bounding the Poplars and St James Stations. 30 hectares Freehold, 9,264 hectares Pastoral Lease. SITUATION The property is accessed off the Lewis Pass Highway, and is approximately 50km from Hanmer Springs and 165km from Christchurch. Google Earth: 42 35 20s, 172 33 20e

2. Homestead HOMESTEAD Four to five bedroom permanent material homestead situated at confluence of the Hope and Waiau Rivers. The homestead, while being surrounded by native bush has great views looking down the Waiau River towards Hanmer Springs. The old St Andrews hut in the Magdalen Valley has been renovated to make a comfortable, but modest home comprising a double bedroom, two bunk rooms each with five bunks, living room, kitchen and bathroom with a spa pool on the deck, heated by a wood burning stove. Sited on the edge of the beech forest, it has superb views and is a part of the natural splendour which makes Glenhope unique.

3. Farm Buildings, Soils FARM BUILDINGS Modern woolshed and covered yards at the homestead end, with deer shed and yards incorporated in it Cook shop/shearers quarters by homestead New implement shed and tack/hay shed. Adapted hayshed to woolshed in the Magdalen Valley Walk in game chiller Implement shed/three bay workshop, two vehicle bays CONTOUR Large areas of flats in Magdalen Valley and by Hope and Waiau Rivers. Balance medium to steep hill.

4. Stock, Soils As at 30 June 2011 Cattle 310 Mixed Age Cows 4 Hereford Bulls 4 Angus Bulls 4 Charolais Bulls 322 Total Deer 200 Mixed Age Hinds 6 Stags 206 Total As at 30 June 2011, the property is carrying the following stock, which equals approximately 2,350 stock units. It is under very relaxed management for an absentee owner. It has, in the past, carried considerably more than this. SOILS Bealey, Spencer and Lewis soils.

5. Subdivision, Cover, Water Supply SUBDIVISION 39 paddocks and blocks plus deer unit of approximately 300 hectares. COVER Some improved flats and balance in native grasses and bush. Extensive pasture improvement has been carried out in the Magdalen Valley, whilst large areas of its deer unit and Hopefield block have been developed. WATER SUPPLY House gravity from creek. Stock all natural supply. RAINFALL Approximately 1,125mm in the front country to 2,000 per annum in Magdalen Valley. The highest point in the Magdalen Valley is at 2,200 feet above sea level.

6. Access, Services, Legal Description ACCESS A good road runs from the Boyle River Settlement to the St Andrews Hut, then on through the heart 5. of the property to the main homestead. The section from St Andrews to the hut is good, but suitable for four wheel drive vehicles only, due to some stream crossings. SERVICES Mail at Poplars Station. LEGAL DESCRIPTION 9,264.8789ha Run 287 (Leasehold) CB 529/99 30.4171ha Section 2 Block V Tekoa SD CB 21F/1292 9,295.2960ha Total LOCAL AUTHORITY Hurunui District Council Rates: $7,022.60 Rating Valuation: LV$3,175,000 IV$700,000 CV$3,893,000 (1/9/2010) LEASE $4,500 per annum

7. Comments COMMENTS A spectacularly beautiful high country property with enormous potential for tourism, hunting and fishing. It has considerable scope to increase farm production.

8. Method of Sale Price by negotiation www.bayleys.co.nz/511889 5. Method of Sale Geoff McBride M 027 432 5258 Ben Turner M 027 530 1400 Mike Adamson M 027 221 1909 Office 03 375 4700 Bayleys Canterbury PO Box 36533, Christchurch 8146 Bayleys House, 3 Deans Ave, CHRISTCHURCH WHALAN DAVID MURRAY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008.

9. Swing Bridge over the Waiau River

10. Topographical Map

11. Area Map