Shag Point Road, Palmerston, Waitaki, Otago

Set just off State Highway 1 at Shag Point, this 27 ha property (across two titles) offers scale, privacy and a rare blend of established forestry and lifestyle potential. The land is predominantly planted in trees, some around 20 years old, others approximately four years, providing an immediate resource for those interested in forestry, firewood supply, or long-term land investment. Each title carries its own unit of water, giving the property two water units in total, with the vendor advising that two tanks are in place to service this supply. A levelled building platform sits within the block, currently home to a bus and well positioned for future development (subject to consents). Two small outbuildings on skids/pallets offer flexible, moveable storage or workspace options. Two older timber sheds sit near the entrance, both modest in size and suitable for storage or workshop use. Their consent status is unknown, and buyers are encouraged to undertake their own due diligence. Access is via a shared road, connecting from SH1 into the property. While not located on the ocean-view side of Shag Point, the land extends toward an estuary linked to the Shag River, offering a peaceful rural backdrop and a sense of seclusion. With its combination of mature plantings, workable land, water allocation, and space to establish your own base, this property presents an appealing opportunity for those seeking a productive rural block, a firewood or forestry venture, or a large lifestyle holding with room to shape their own vision.