11 Dec 2015

Mt White Station up for sale

2:34 pm on 11 December 2015

The biggest high country station in Canterbury is up for sale for the first time in almost 100 years.

Mount White Station, near Arthur's Pass, has been owned by the Turnbull family since 1924 and features 40,000 hectares of hill country, riverflats and terraces and irrigated pasture.

The Turnbulls were selling as no one in the family was directly working the farm, Colliers' rural business director Shane O' Brien said.

"The decision has been made after considerable discussion amongst the family members that it's time to hand on the baton and let someone else take up the privilege of owning this remarkable property."

"Most of (the farm) is Crown pastoral lease with about 678 hectares of the property being freehold," Mr O'Brien said.

"There's about 8,500 Merino sheep, there's around 580 (Hereford) cattle and nearly 400 red deer on the property at the moment."

There was a lot of potential to grow the farming side of the business with further pasture development, but there were also opportunities with manuka honey, Mr O'Brien said.

"Or on the tourism side of things, we've got the rivers (for) kayaking, tramping, mountain biking. When you've got an area this big, and such a special area just off the main West Coast highway, I think there's potential to develop the farm in all sorts of ways."

"It's a lovely part of the world, it's quite well known. One of the stopping points on the Coast to Coast is the Mount White bridge which is the main entrance into the station."

Mount White Station is for sale by international tender, which closes in February.