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Unclaimed

203 Upper Downs Road, Surrey Hills

Also 405 Upper Downs Road and 491 Upper Downs Road

Mount Somers · Ashburton District

Auction

  • 1,466 ha
  • Grazing

Wakare - diverse sustainability

Set amongst the rolling foothills of the renowned Surrey Hills district, Wakare spans approximately 1,465 hectares, offering a well-balanced mix of productive farmland, extensive infrastructure and outstanding mountain and rural views. With elevations ranging from approximately 450 to 850 metres above sea level, the property provides scale, diversity and flexibility across multiple livestock enterprises.

Significant development in recent years has increased production and revenue across the Angus herd, breeding deer unit and ewe flock. The farming system provides flexibility to respond to market conditions, with Angus bulls retained after weaning for sale to the dairy industry, weaner deer finished on farm, and lambs managed as trading stock, with ewe hoggets retained and male lambs finished.

Approximately 400 hectares of gentle to rolling front country forms the productive engine room of the farm, with much of the area cultivatable. Development includes riparian plantings, fenced gullies and wetlands, an extensive laneway network and well-formed tracks providing efficient access to yards, feed sheds and dwellings. Around 1,000 hectares of rolling to steeper hill country provides numerous grazing blocks suited to breeding stock and summer grazing. Further subdivision, water reticulation and holding tank investment have improved grazing management, livestock performance and stock water reliability.

Quality improvements include a main homestead completed in 2009, a renovated manager's residence with an additional bedroom completed in 2023, and a modern three-bedroom cottage completed in 2017.

Purchased by the Salvesen family in 2008, Wakare has been developed with a strong focus on productivity, sustainability and long-term appeal. Its environmental achievements were recognised as a 2020 Ballance Farm Environment Awards finalist.

Wakare presents a rare opportunity to secure a substantial, proven and highly regarded Mid Canterbury farming property.

Further information is available for downloading https://propertyfiles.co.nz/5531426

Every sale and rating valuation published for this property, and when it was on the market, newest first. No sale on record yet.

ON
7 Oct 2026
On the market
Auction
Listed for sale
Bayleys AshburtonMike Preston, Rob McConachy

A rating valuation is the council's figure for apportioning rates, not a market appraisal. Sale prices are as published; a code beside a price is the council's sale type — hover it for what it means. “Off the market” only means the property stopped being advertised: it may have sold, been withdrawn or moved to another agency.

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Home expense estimates

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Home loan

What it would cost to buy 203 Upper Downs Road

Every rate from 36 lenders →
Estimated repayments
—
$0 at 4.49% 1 year fixed with China Construction Bank, over 30 years
Loan length
1 year fixed today · 17 lenders
Lowest4.49%CCB · special
Average5.02%
Highest5.35%Kookmin
All 17 lenders at 1 year fixed
  • China Construction Bank4.49%s
  • ICBC4.65%s
  • Bank of China4.68%s
  • AIA New Zealand4.99%
  • ANZ Bank New Zealand4.99%s
  • ASB Bank4.99%
  • Bank of Baroda4.99%
  • Police Credit Union4.99%
  • TSB Bank4.99%s
  • Unity Credit Union4.99%s
  • Kiwibank5.15%s
  • Bank of New Zealand5.19%
  • SBS Bank5.19%s
  • The Co-operative Bank5.19%s
  • Westpac New Zealand5.19%s
  • First Credit Union5.29%s
  • Kookmin Bank Auckland Branch5.35%
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Principal and interest at the lowest advertised card rate, held for the whole loan — no New Zealand rate is. A guide, not a lending offer or financial advice. How much could you borrow? · Mortgage calculator

Property data

  • Property categoryUse not published
  • CouncilAshburton District
  • Valuation #24480-10000

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

  • Title numbersCB21F/1241, CB21F/1242, CB21F/1243
  • Title typeFreeholdGuaranteedStandard registered title
  • Estate descriptionFee Simple, 1/1, Rural Section 35919, 206,389 m2
  • Legal descriptionRural Section 24947, Rural Section 24948, Rural Section 24953, Rural Section 24954, Rural Section 24955, Rural Section 24956, Rural Section 24961, Rural Section 25001, Rural Section 29105, Rural Section 29106, Rural Section 29107, Rural Section 29113, Rural Section 29116, Rural Section 29244, Rural Section 29245, Rural Section 29264, Rural Section 29265, Rural Section 29266, Rural Section 31342, Rural Section 31343, Rural Section 31344, Rural Section 31345, Part Rural Section 24856, Part Rural Section 24871, Part Rural Section 24950, Part Rural Section 25024, Part Rural Section 28952, Part Rural Section 29108 and Part Rural Section 29109; Rural Section 35919; Rural Section 35948
  • Title issued10 Sep 1980
  • Land districtCanterbury
  • Addresses on this property3
Registered instruments1 registered instrument on these titlesMortgage Only routine instruments registered See the title summary →

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Zoning and hazards

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We do not hold flood maps for Ashburton District yet.

Contaminated land

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About Surrey Hills

Ashburton District
41
Properties on the rating roll
1 Jul 2024
Last council revaluation

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