Nestled midway between Te Awamutu and Cambridge, this dairy farm has been the diligent workhorse of the current owner for over seventy years. Situated on a vast 81.7 hectares of freehold land, the property boasts a versatile mix of flat and gently rolling terrain, predominantly composed of consolidated peat and Hamilton Clay. The farm is fenced into approximately 33 paddocks, with an efficient race system ensuring easy access to all areas. The main dwelling is a charming three-bedroom home complemented by a one-bedroom unit, attached to a substantial four-bay car shed. The property also features a well-constructed three-bay contractors' shed with an upstairs office, a three-bay utility shed, a 250 cow feed pad, and additional calf shedding. The highlight of this farm is its superior water supply from a single bore, ensuring high-quality and abundant water for the 150 winter cows and up to 300 during the peak season. The roof, made of iron, and the mixed-material walls are both in average condition. With a capital value of $4,830,000, as per the latest government valuation, and a HouGarden AVM of $4,660,000, this property presents a compelling investment opportunity. Notably, the capital value has seen a significant increase over the years, reflecting the property's growing worth.
According to historical records, the property has been a consistent performer with a strong sales history. The recent sale prices reflect a promising trend, further solidified by the capital value growth percentage. This is a farm that has been late to the market but offers a flexible settlement date and a motivated vendor, making it an attractive prospect for potential buyers.
For families, the school zone is another drawcard. The local schools are highly rated, ensuring access to quality education. This, coupled with the property's prime location and extensive facilities, makes it an ideal choice for those seeking a balanced lifestyle with agricultural pursuits.
Updated on August 01, 2024