Otoka Station, Matawai Road, Matawai, Gisborne

Otoka Station, Matawai Road

Otoka Station is a meticulously developed and managed 469 ha farm, offering superior infrastructure, profitability, affordable scale, recreational appeal all in a very desirable location.

Purchased in recent years and farmed with the guidance of robust analysis, consultation, and advice the owners of Otoka Station have taken the farm to a new level, capitalising on a very favourable farming climate, strong healthy country and excellent workability.

Extensive capital fertiliser application, upon professional recommendation has resulted in Olsen P levels between 20 and 30, and superior stock performance, allowing all stock to be fattened prime, with in excess of 2000 lambs killed at an average of 17.8kg Carcass weight, 2 year heifers averaging 260kg and Cull/dry cows at 310kg.

Recent farm developments have included over 7km of new fencing, harnessing of an abundance of natural water creating multiple sources via streams, dams and springs, new sheep and cattle yards, and a modified and improved woolshed. The homestead retains its original character, yet has been extensively and tastefully renovated providing space, warmth and comfort, set in established gardens with an impressive variety of fruit trees, all offered within privacy and security.

An opportunity to gain scale has resulted in a reluctance to sell, but provides a rare opportunity to obtain near 4000 Stock units at the very inviting price of $2,950,000+GST (if any), all within an easy commute to Gisborne.

The money has been spent, your opportunity to take advantage and reap the rewards of a very well set up, profitable operation.