Invest in the Future and Enjoy for the Now


Asking Price NZD $11,000,000 + GST (if any)

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Invest in the Future and Enjoy for the Now | Morrinsville | 813774 |      X Close

Invest in the Future and Enjoy for the Now

Lockerbie Farm is an iconic institution in the heart of the Morrinsville township. This 79 hectare dairy unit has a rich history and a lot to offer the investment buyer. It was part of the original Lockerbie Estate and is a well-known farm locally, for the legacy it leaves to the town's founding father, Thomas Morrin, who originally owned the property.

Lockerbie Farm is a unique offering for two key reasons. Firstly, half of the property is zoned residential, and hence, has development in the forefront of Morrinsville's growth. This area borders the burgeoning Parkwood development with town houses on three sides. The remainder of the site is zoned rural/residential and is presently home to around 260 dairy cows.

The second unique feature is its location, in the heart of the township itself. This location cannot be beaten, offering a generous slice of the rural life without the compromise on convenience.

While the development potential of Lockerbie Farm is undeniable, realistically it is a long-term prospect, contingent on ongoing growth in the town and requiring rigorous planning over the next short while and beyond.

The allure of this farm really is in its current configuration, as a dairy farm, where it has consistently proved its profitability.

As somewhat of a bonus, it is also an exquisitely laid out farm with the feel-good factor promoted by the large number of plane trees adorning the property, which offer privacy and give it a stately feel and a nod to the rich history of this area.

The 20-aside milking shed and support shedding are centrally located and enjoy a sunny and elevated perspective. The views from this part of the farm really do need to be seen to be believed, and include 360 degree vistas of the Waikato countryside including the majestic Te Aroha mountain.

There is also a modest three-bedroom weatherboard home on the farm.

This is a rare opportunity to own a special part of Morrinsville with an exciting future, so don't delay in calling Mike to find out more about 'Lockerbie Farm'.