Superior South Waikato opportunity arises

A fortunate blend of location, landscape and soil has created a unique opportunity for buyers seeking an idyllic Waikato property capable of generating realistic farming returns.

The pristine 132ha property located on Wells Road only minutes from the South Waikato town of Tirau is on the market for the first time in 25 years, offering a range of opportunities for buyers keen to secure high quality pastoral land enhanced by quality buildings and infrastructure.

Marketed by Bayleys, the property was founded by earlier owners as Fayette Park, a horse stud and breeding operation. Its current owners have continued to breed some horses alongside a dry stock and maize cropping farm.

The property’s high quality Tirau ash-sandy loam soils are some of the most productive in a highly productive district and have sustained the farm’s regular maize rotation of 60ha a year, yielding between 25 and 28t per hectare per year.

The farm operation also runs 80 18-month cattle, 500 in-lamb ewes and 16 horses. Bayleys agent Sam Troughton says opportunities to purchase quality land of this scale in the district that also offers buyers a range of income options are rare.

He is anticipating strong interest from focused pastoral farm operators, and urban investors keen to make the move to a desirable part of the Waikato region.

“With its full stable facilities there will be considerable equine interest in the property. But this is also an opportunity for a high-net-worth individual who may be seeking a retreat also offering very viable income options alongside that. The versatility of the property will hold a lot of appeal.”

Some of that versatility comes from the extensive building structures on the farm. These include the purpose-built stable complex with 44 established stable boxes, an office, vet room, bathroom, feed and tack rooms and two wash bays all housed in a quality timber-clad, Colorsteel roofed building.

Extensive utility buildings provide multiple options for buyers seeking space for indoor projects. Alongside these sits a high standard of farm service buildings including an 8 bay implement send, another 4-bay shed, round hay barn, and substantial cattle and sheep yards.

Current owners Garry and Linda Harding have continued to run a smaller scale horse breeding operation over the years alongside the farm cropping and dry stock business. “We have thoroughly enjoyed our time here but after 25 years have decided it’s time to move on. The place has been very good to us, you can grow almost anything on the soil here and we have been frequently approached to lease land for other cropping over the years,” says Garry.

He has also enjoyed the high level of privacy and seclusion the property offers with the Waihou River providing trout fishing opportunities.

The main three-bedroom home is elevated for expansive views from its landscaped grounds and comes with its own self-contained one-bedroom guest wing.

Additional homes include a two-level four-bedroom house and a standalone office that includes staff accommodation facilities.

Plentiful shade and well-placed fencing across the property’s 80 paddocks have made it both stock and manager friendly, with high quality equine standard subdivision throughout.

“We think the property will hold a lot of appeal to potential buyers due to the diversity of what you can do with it all within a very desirable part of the Waikato, being only half an hour from Hamilton, and close to Rotorua, Tauranga and Taupo.

“We are very proud of the place,” says Garry.

Interested parties can contact Sam Troughton on 0274 800 836, or Mike Fraser-Jones on 0274 759 680.