1400 Tauwhare Road, Eureka, Waikato

Nestled at the heart of Tauwhare, this 58 hectare freehold property is a pastoral gem, centrally located between Morrinsville, Cambridge, and Hamilton. The property boasts a mix of flat and gently rolling terrain, with a portion being hillside. It features 16 hectares of deer-fenced flat land, currently home to stags for velveting, while the rest supports dairy grazers and sheep. Divided into 19 paddocks with a combination of deer, permanent, and electric fencing, water is efficiently sourced from a bore and distributed throughout. Ample facilities include cattle and sheep yards adjacent to a two-stand woolshed, and additional yards for ease of management. The retiring owner has meticulously maintained the property, enhancing its visual appeal with tree and native shrub planting. Despite having an unknown roof and wall construction, this property presents a solid investment with a current Capital Value (CV) of $2,050,000, unchanged from the previous year, and an estimated HouGarden AVM of $1,955,000. The latest sale on June 24, 2024, was for $1,300,000, indicating growth potential. Educationally, the property falls within the zones of Puketaha School (Decile 7), Tauwhare School (Decile 9), Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), and Berkley Normal Middle School (Decile 8), making it an attractive prospect for families.

With a strong clean pasture set-up and a great location, this property offers excellent value for money.

Updated on August 14, 2024