613 Pirongia West Road, Oparau, Otorohanga

Located at 613 Pirongia West Road, Oparau, Otorohanga, this unique property presents an entry-level forestry and carbon opportunity. Spanning across 452 hectares (more or less), the land's contour ranges from easy rolling to medium and steeper hills. The vast majority of the land is clear pasture, with the balance being native vegetation and gorse. A notable feature is the forestry right on the established forest. The property, categorized as 'Forestry - Vacant', is fenced into 11 paddocks and includes a track from a stream to the top. However, it's important to note that there are no buildings on the property. The land area is a substantial 8,682,367 square meters, with a floor area of 640 square meters, and it comes with a freehold ownership type. Despite the lack of buildings, the property's wall and roof construction, as well as their condition, are unknown.

The property's capital value has seen a significant increase, from $3,620,000 on August 1, 2019, to $6,200,000 on October 1, 2022, marking a 71.27% rise. The HouGarden AVM estimates the property's value at $5,645,000. The latest sale records show a purchase at $2,350,000 on December 16, 2022, a substantial increase from the $215,000 sale on December 8, 2003.

The property falls within the Hauturu School zone, which is a full primary school with a decile rating of 2. This indicates the school's socio-economic position in the lower end, providing essential context for families considering the educational opportunities in the area.