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363 Elsthorpe Road, Otane

Tender
Property ID: HR222425
with: 63 78.30 Ha
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Positioned in the heart of Central Hawke’s Bay, this 78ha (more or less) grazing and finishing property offers an outstanding opportunity for farmers, investors, or those seeking a productive rural lifestyle within easy commuting distance to nearby cities and key centres. The land is predominantly flat to easy contour, making it highly workable and ideal for grazing and finishing operations with the flats suitable for cropping. Well laid out and supported by good infrastructure. The property is currently under lease. Improvements include two dwellings – a character villa as the main home and a separate cottage (requires renovating), perfect for extended family, staff accommodation, or rental income. Good shedding and infrastructure provide everything needed for efficient farm management, including a 3-bay shed, half-round hay barn, implement shed and older cowshed. Adding significant value is the Resource Management approval granted in 2023 for subdivision into six lots, presenting exciting future development or investment potential. Whether you’re looking to expand your farming portfolio, secure a land-banking opportunity, or enjoy the benefits of rural living with income and development upside, this Central Hawke’s Bay property offers a great finishing block, versatility, and location. Phone today for further information or to arrange a viewing.

363 Elsthorpe Road, Otane
Closest Towns or Villages: Otane, Waipawa
Closest Schools: Elsthorpe School, Otane School, Waipawa schools, Waipukurau schools
Price: Tender
Property Lot Size: 78.30 Ha / 193.48 Ac
Bedrooms: 6
Bathrooms: 3
Garaging: 2
Rateable Value: $2,090,000
Land Value: $2,010,000
District Rates: $4,555.05
Regional Rates: $1,013.06
Rainwater Supply
Septic Tank
Dish Draws
Electric Hob
Garaging
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My details

Avram Deitch

Hawkes Bay Lifestyle Specialist

Contact me about 363 Elsthorpe Road, Otane

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  • Tender

    Tender closes 2pm Tuesday 14th April 2026