711 Mangatutu Road, Wharepuhunga, Otorohanga

Located at 711 Mangatutu Road, Wharepuhunga, Otorohanga, this impressive dairy farm spans over 61.4873 hectares (approx.) and is currently milking 196 cows, producing an average of 84,153kg MS over three years. The property features a 20 aside Herringbone cowshed with in-shed meal feeders, a main three-bedroom home with garaging and a saltwater swimming pool, a second three-bedroom home in tidy condition, and various sheds including a 4 bay shed with a 2 bay lockup workshop. The land is predominantly flat to gentle rolling, with 90% mowable and plantable areas, making it suitable for continued dairy farming or diversification into other land uses. The farm boasts strong silt loam and ash soils, a very good water supply from a single bore, and excellent fencing and race networks.

The property's capital value has increased from $2,350,000 on August 1, 2019, to $2,450,000 on October 1, 2022, marking a growth of approximately 4.26%. The latest HouGarden AVM estimates the property's value at $2,300,000. Previously, the property was sold on December 3, 1991, for $550,000. The farm is under freehold ownership, with a floor area of 360m² and a land area of 614,873m².

Education is well catered for, with the property falling within the zone for Te Awamutu College, a secondary school with a decile rating of 5, and Korakonui School, a full primary school with a decile rating of 8.

Updated on April 06, 2024.