Nestled at 250 Kaimango Road, Otorohanga, this pastoral finishing property is a serene haven on a freehold land of approximately 1.44 million square meters. The property boasts an impressive floor area of 150 square meters and is complemented by unknown roof and wall construction, adding a touch of mystery to its allure. With multiple entry points and surrounded by native bush, it offers stunning views of Kawhia harbour and a tranquility that is perfect for rural living. The property has a capital value of $1,950,000 as of October 2022, showing a significant increase of 32.65% from its August 2019 valuation of $1,470,000. The HouGarden AVM estimates the property's worth at $1,430,000, while the latest sale was recorded in 1982 for $201,000.
With a history of spring water pumped to a manacon and areas suitable for grazing dairy replacements or cropping, this land has great potential for agricultural use. Approximately 25 hectares are mow-able, with around 8 hectares retired and planted in Manuka. The property's second title, a separate 51 hectares of mainly native bush, adds to its ecological diversity. This attractive beef or dairy support block is not only a wise investment but also a pleasure to view, being only a 20-minute drive from Pirongia village and Kawhia.
For families, the property falls within a school zone with promising decile ratings and quality educational institutions, ensuring a sound investment in your children's future.
Updated on May 14, 2024