Located at 630 Duncan Road, Wharepuhunga, Otorohanga, this expansive property spans 1,364 hectares (more or less) and is categorized as Forestry - Vacant. With a floor area of 496 square meters and a land area of 13,648,655 square meters, the property boasts 16 bedrooms, with the number of bathrooms not specified, and no car parking spaces. The ownership type is Freehold, and both the roof and wall constructions are unknown, as are their conditions. The property does not have a specified contour, making it a unique and vast piece of land.
The property has seen a significant increase in its capital value, from $9,760,000 on August 1, 2019, to $11,730,000 on October 1, 2022, marking a 20.18% rise. The HouGarden AVM estimates its value at $10,207,500. The latest sale on December 2, 2022, was for $17,200,000, highlighting the property's substantial value appreciation and potential. This property is not just a piece of land but a testament to the possibilities of environmental enhancement, carbon opportunities, and livestock performance, with its total estimated farm GHG emissions potentially offset by existing farm plantings.
The property falls within the school zones of Te Awamutu College, a Secondary (Year 9-15) school with a decile rating of 5, and Korakonui School, a Full Primary school with a decile rating of 8. These schools offer quality education options, making this property not only an investment in land but also in the future of any potential family or educational endeavors.