215 Okaeria Road, Waerenga, Waikato

Located at 215 Okaeria Road, Waerenga, Waikato, this prime dairy farm presents a unique opportunity for those looking to secure a productive asset for the upcoming season. The property spans 91.54 hectares (more or less) and boasts a flat to rolling contour with excellent road frontage on Okaeria Road, Kopuku Road, and Awaroa Road. The farm is well-equipped with sufficient drainage, high-standard fencing, and a 20 ASHB cowshed conveniently located near Awaroa Road. Currently, the farm milks 250 mixed-aged cows and supplies Fonterra, maintaining a three-year production average of 76,244 kgMS with low-cost operation. Water supply is ensured through a highly reliable bore, and support structures include two large implement sheds, half-round barns, and a storage shed. The character-filled original farmhouse, built in 1887, features three bedrooms, a kitchen, living and dining areas, and a sunroom, making it an ideal family home. With a land area of 915,400 square meters and a floor area of 123 square meters, the property is under freehold ownership. The exterior is constructed with concrete walls and an iron roof, both in average condition, dating back to 1890.

The property's capital value has remained stable at $2,810,000 since July 2017, with a HouGarden AVM estimate of $2,620,000. The latest sale, recorded on December 15, 2021, was at $2,650,000, reflecting the property's consistent market value. Despite no increase in capital value, the farm's strategic location and operational efficiency make it a noteworthy investment.

Schooling options include Waerenga School (Contributing, decile 6), Hauraki Plains College (Secondary Year 9-15, decile 5), and Te Kauwhata College (Secondary Year 7-15, decile 4), offering a range of educational opportunities for families. Located just 65km from Manukau, 16km from Te Kauwhata, and a mere 6km drive from Waerenga Primary School, the property is ideally situated for both daily conveniences and access to larger city centers such as Hamilton, Tauranga, and Auckland, as well as the holiday attractions of the Coromandel Peninsula.