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Otorohanga Surrounds

Unit 1,102 Ngaio Road, Otorohanga Surrounds, Otorohanga

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108.00 ha Land area SQM

Tender

(unless sold prior)

Dairy farm receivership - multiple options


Receivership Sale. Maihiihi is a well-established dairy district near Otorohanga. On offer is the option to buy the entire farm with four titles or a choice of grazing and smaller lifestyle blocks. Good contour including river flats and some hill country ensures the property is suited to a range of grazing options aside from dairying. The dairy farm was last in supply for the 2021/2022 season.

The thirty aside herringbone dairy shed has an in-shed meal feed system. Nearby is a half round barn with calf pens and a five bay implement shed. There are also surplus sheds reflective of earlier land use. Water is sourced from bore and stream supplies. The three bedroom dwelling has open plan living and an internally accessed double garage. With a northerly aspect, this home benefits from year-round sun.

Unit 1 - 108Ha (more or less) dairy farm comprising four titles or the following individual titles;
Unit 2 - 3Ha (subject to survey) lifestyle block, bare land
Unit 3 - 22Ha (more or less) grazing block, three bedroom home, double garage, woolshed
Unit 4 - 24Ha (more or less) grazing block, stock yards, bore
Unit 5 - 58Ha (subject to survey), grazing block with most dairy infrastructure

This farm will be attractive to those who are prepared to put in some effort and explore the yet to be realised potential of this property. Given the location, this would be a wise move. This is a great opportunity in a very popular district, call now for the full details.

Resource consent has been granted for subdivision, if sold as separate titles, it will be subject to completion of that subdivision. If sold as one farm (108 hectares, 4 titles), it will be sold without subdivision. All areas are approximate.

Refer to the related listings:
Dairy unit, 108 hectares www.bayleys.co.nz/2313626
Lifestyle unit, 3 hectares www.bayleys.co.nz/2313627
Grazing unit, 22 hectares www.bayleys.co.nz/2313646
Grazing unit, 24 hectares www.bayleys.co.nz/2313628
Grazing unit, 58 hectares www.bayleys.co.nz/2313643

Tender
(unless sold prior)

96 Ulster Street, Hamilton

11

Aug

Time2pm
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Sharon Evans AREINZ

Sharon Evans AREINZ


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Stuart Gudsell AREINZ

Stuart Gudsell AREINZ


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Benefits


aiming for a spring 2022 settlement

Capital Value


$3,950,000 (01-Aug-2019)

Contour


Flat to easy rolling with minimal steeper sidlings

Dwelling


Three bedroom dwelling with internal access double garage

Farm improvements


30 ASHB dairy shed (cupped to 24), calf and implement sheds

Location


popular Maihiihi with its active rural community and local sports club

Production


last supplied in 2021/2022 season