201/227 State Highway 3, Te Kuiti, Waitomo

Located at 201/227 State Highway 3, Te Kuiti, Waitomo, this Pastoral - Finishing property spans an impressive 233 hectares of hill country, offering a fertile breeding farm for both sheep and beef. Despite the unknown specifics regarding bedrooms, the property includes 1 bathroom, no car parks, and a floor area of 80m². The freehold land area is vast, totaling 2,339,356m². Both the wall and roof constructions are unspecified, reflecting the property's focus on pastoral utility rather than residential comfort.

Over the years, the capital value of this property has seen a notable increase, from $1,675,000 in September 2018 to $1,830,000 in September 2021, marking a 9.25% growth. The HouGarden AVM estimates its value at $1,690,000, while the latest sale in February 2024 reached $2,005,000, indicating a strong market demand. This property has been well-maintained, with a history of breeding cows, heifers, steers, and a ewe flock, supported by 47 fenced paddocks and a robust water supply.

Although specific school zoning information is not provided, the property's close proximity to Te Kuiti offers potential access to local educational facilities and services, enhancing its appeal to families and investors alike. Its location just 2km south of Te Kuiti, coupled with its fertility and well-established farming infrastructure, including a three-stand wool shed and covered yards, makes it an attractive investment.

Updated on April 05, 2024.