63 Kaimango Road, Otorohanga, Otorohanga

Nestled on a vast 608,810 sqm of freehold land, this dairy farm at 63 Kaimango Road, Otorohanga, represents a prime property with significant potential. The farm, complete with a three-bedroom home featuring a bonus office and en-suite, is designed for comfort and ease of living. The dairy facilities include a 15-aside milking shed with in-shed feeders, ample support buildings, and is currently supplying Fonterra, milking an average of 160 cows. The property boasts unknown roof and wall construction, hinting at a timeless resilience. With a floor area of 250 sqm and unknown roof and wall conditions, this tidy dairy farm is well-fenced with good races and a reliable water system, making it easy to manage.

Since August 2019, the capital value has shown a notable increase of 16.04%, reaching $1,845,000 as of October 2022. The HouGarden AVM estimates the property's worth at $1,720,000, while the latest sale record dates back to December 18, 2002, at $555,000, showcasing the farm's long-term investment potential.

For families, the property falls within a desirable school zone. With a focus on education, this farm is an ideal choice for those seeking a balanced lifestyle with convenient access to quality schools.

Updated on April 18, 2024