Nestled in the serene Waharoa, Matamata, this Freehold property at 80 Troughton Road boasts a level contour and a highly sought-after location. The unknown roofing and wall construction add a touch of mystery to this expansive 591,860 sqm land, which includes a 410 sqm floor area and未知 bedroom and bathroom configurations. The property, currently involved in dairying - milk production, has a capital value that has seen a decrease of 10.99% from $4,460,000 in 2018 to $3,970,000 as of 2021. The HouGarden AVM estimates the property's value at $4,312,500, and recent sales history shows transactions at $3,900,000 in 2020 and $4,200,000 in 2024, indicating a potential for value appreciation.
With a farm that supplies Fonterra and milks around 250 cows, this property is not just a piece of land but a thriving dairy unit. It comes with extensive infrastructure, including two homes, an 18 ASHB dairy with computerized management, a 270 cow concrete feed pad, and various sheds. The improvements are centrally located, making management a breeze, and the farm is well raced and subdivided, reflecting a consistent fertiliser regime and good management practices.
For families, the property falls within a school zone with promising decile ratings and quality educational institutions. This is an opportunity not to be missed, whether you're looking for a first farm venture, a high-performance support unit, or considering other agricultural options like goat farming.
Updated on August 01, 2024