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Otorohanga

117 Mangamahoe Road, 333 Kawhia Road, 132 Ouruwhero Road, 5 and 6 Redland Road, Redland Road, Otorohanga, Otorohanga

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316.00 ha Land area SQM

Processors, Developers, Investors, Land Bankers


The liquidation of an incomplete milk processing project presents a unique opportunity for an astute buyer to capitalise on the substantial investment already made in acquiring the land, resource consents, and all IP necessary to develop and operate a dairy factory.

The land assets comprise of several properties located on the periphery of Otorohanga township, including the proposed processing plant site of 17.8 ha bounding the Waipa River, a 142 ha dairy farm and a 155 ha finishing farm (totalling 297 ha approx.) and a 1.8 ha vacant lifestyle lot with expansive rural views and significant ground[1]take water consents. The farms are operated subject to long term market rate leases.

Parties are encouraged to assess all options to utilise the existing consents and investment opportunities.

Offers invited for the entire portfolio, or alternatively as separate land holdings.

Tender

Bayleys House, 30 Gaunt Street, Auckland Central

11
Mar

Time2pm
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Duncan Ross

Duncan Ross

Chief Operating Officer

Bayley Corporation Ltd,
Licensed under the REA Act 2008
Dave Peacocke

Dave Peacocke

Country, Farm and Lifestyle Sales

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Development


The liquidation of an incomplete milk processing project presents an opportunity to capitalise on the substantial investment into acquiring the land and consents to develop a dairy factory.

Location


The land assets comprise of several properties located on the periphery of Otorohanga, a thriving rural Waikato town some 55 kilometers south of Hamilton.

Land area breakdown


The properties offered for sale include the proposed processing plant site of 17.8 ha, a 142 ha dairy farm and a 155 ha finishing farm, both under long- term lease.

Lifestyle


Also offered for sale is a vacant lifestyle lot of 1.89 ha featuring elevated potential building sites and a westerly aspect with views to Mt Pirongia and Mt Kakepuku.

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