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.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 3 | 1 | 104m2 | Year 2024 Month 05 Day 17 | $490,000 | Council approved | |
 | 4.84 km | 3 | 1 | -m2 | Year 2024 Month 05 Day 13 | $472,000 | Council approved | |
 | 4.91 km | 2 | 1 | 80m2 | Year 2024 Month 05 Day 07 | $420,000 | Council approved | |
 | 5.04 km | 3 | 1 | 110m2 | Year 2024 Month 04 Day 16 | $580,000 | Council approved | |
 | 5.04 km | 3 | 112m2 | Year 2024 Month 02 Day 16 | $480,000 | Council approved |