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2882 Cambridge Road, Rotoorangi, Waipa, 0 Bedrooms, 0 Bathrooms, Dairy

Sold: Sold price unknown

Sold on 2024 Year 2024 Month 08 Day 01

2882 Cambridge Road, Rotoorangi, Waipa

166m2
817000m2

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

Council Data

Last update : 2025 02 05
Improvement value$580,000
Land value$4,250,000
CV(Year 2022 Month 08)$4,830,000
Land area817000m²
Floor area166m²
Title1160111
Type of titleFreehold
Legal descriptionLOT 2 DP 598263
CouncilWaipa
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 598263
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Roto-O-Rangi School
3.13 km
Primary
1-6
Government
Co-Educational
EQI: 461
9

Property history

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For developers

Unitary plan:-
Land:817000m²
Title:Freehold

Cambridge Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
496 Roto O Rangi Road, Rotoorangi
3.94 km
5
3
180m2
Year 2024 Month 12 Day 06
$975,000
Council approved
2459 Cambridge Road, Te Awamutu
4.29 km
-m2
Year 2024 Month 11 Day 25
-
Council approved
672 Jary Road, Ohaupo
5.04 km
4
2
235m2
Year 2024 Month 10 Day 16
$1,290,000
Council approved
8 Mclarnon Road, Cambridge
4.58 km
4
180m2
Year 2024 Month 10 Day 11
$1,100,000
Council approved
2459 Cambridge Road, Te Awamutu
4.47 km
4
289m2
Year 2024 Month 08 Day 22
$1,550,000
Council approved

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