Otorohanga
117 Mangamahoe Road, 333 Kawhia Road, 132 Ouruwhero Road, 5 and 6 Redland Road, Redland Road, Otorohanga, Otorohanga
Tender
Processors, Developers, Investors, Land Bankers
The liquidation of an incomplete milk processing project presents a unique opportunity for an astute buyer to capitalise on the substantial investment already made in acquiring the land, resource consents, and all IP necessary to develop and operate a dairy factory.
The land assets comprise of several properties located on the periphery of Otorohanga township, including the proposed processing plant site of 17.8 ha bounding the Waipa River, a 142 ha dairy farm and a 155 ha finishing farm (totalling 297 ha approx.) and a 1.8 ha vacant lifestyle lot with expansive rural views and significant ground[1]take water consents. The farms are operated subject to long term market rate leases.
Parties are encouraged to assess all options to utilise the existing consents and investment opportunities.
Offers invited for the entire portfolio, or alternatively as separate land holdings.
Duncan Ross
Bayley Corporation Ltd,
Licensed under the REA Act 2008
Dave Peacocke
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Development
The liquidation of an incomplete milk processing project presents an opportunity to capitalise on the substantial investment into acquiring the land and consents to develop a dairy factory.
Location
The land assets comprise of several properties located on the periphery of Otorohanga, a thriving rural Waikato town some 55 kilometers south of Hamilton.
Land area breakdown
The properties offered for sale include the proposed processing plant site of 17.8 ha, a 142 ha dairy farm and a 155 ha finishing farm, both under long- term lease.
Lifestyle
Also offered for sale is a vacant lifestyle lot of 1.89 ha featuring elevated potential building sites and a westerly aspect with views to Mt Pirongia and Mt Kakepuku.
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