29 Arrowville Road, Aka Aka, Waikato

Nestled on an expansive 70,320 sqm of freehold land at 29 Arrowville Road, Aka Aka, Waikato, this specialist poultry property boasts a modern 204 sqm building, constructed in 2019 with wood walls and tiled roofing, both in average condition. The farm is complemented by 4 broiler sheds from the early 2000s, equipped with state-of-the-art Sorenson broiler and environment control systems, ensuring a high standard of operation. The property includes a serene owner's residence with a picturesque rural panorama, set apart from the farming activities. It currently generates an impressive annual return of $956,193pa + GST and outgoings, under a rolling contract with Brinks NZ Ltd, making it a secure investment in the food industry - the new gold everyone needs to eat!

With a consistent Capital Value (CV) of $5,650,000 since 2023, as per the latest government valuation, and an estimated value of $5,680,000 by HouGarden AVM, the property's value has seen a stable growth trajectory. The latest sale in August 2024 was a remarkable $7,500,000, highlighting the property's investment potential.

For families, the property falls within the decile 6 Waiuku College and decile 5 Puni School zones, ensuring access to quality education for secondary and contributing levels respectively.

Updated on October 02, 2024