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146 Otiria Road, Moerewa, Far North

92.3ha Bay of Islands Surrounds Dairy Unit

Dairy
dollar

$1,500,000 Plus GST (if any)

Bedroom
3
Bathroom
1
Land area
92.33ha
Title type
Freehold
Covered park
2
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Property details

Listing # 785369 | Listed on 13 April 2022

This developing dairy unit is on the improve and ready for a new owner to take it to a new level.

Estimated currently as 50 to 55ha effective with around 15ha to be reinstated back to grass. Predominantly flat to rolling contour, it is well fenced and raced to 40 paddocks.

There is a good mix of alluvial and volcanic soils. The farm produced 30,000kgms last year with very low inputs and all cows wintered on and is up 17% YTD on last year. We have been verbally advised by a prior owner that they had produced over 50,000kgms. Therefore, with capital input this farm could be capable of attaining these levels again.

A functional 17 bale rotary shed, excellent calf and implement sheds, a self contained sleepout, as well as a three bedroom board and batten home.

This is a very improvable farm and with development is capable of a significant increase in production.

Genuinely for sale.

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