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24 Sherwood Drive, Patumahoe, Franklin

Expand or land bank - Patumahoe 62ha

Dairy
gavel

Auction

Bedroom
4
Bathroom
1
Land area
67.18ha
Title type
Freehold
Garage
3
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Property details

Listing # 1971691 | Listed on 13 April 2022

Located in the golden triangle between Karaka, Glenbrook and Patumahoe, this dairy farm is a must see for astute investors looking to expand current farming operations in the South Auckland area, or as a strategic land bank in a much sought-after location. The farm is made up of flat to gentle rolling land suited to a mix of; dairy, grazing, cropping and horticulture. There are four road access entrances located on the eastern, northern and western boundaries presenting the possibility of mid to long term future development under the Auckland Unitary Plan.

The farm has a four-bedroom dwelling with three garages and a sleepout currently tenanted as a workers cottage. The dairy shed is a 24 bale rotary platform that was milking 150 cows (57,000 MSkg) until 2019 which could be restored and reinstated as the milking plant and most components are still in situ. Water is primarily supplied by 2 x 100mm bores. The Mauku stream passes the eastern boundary of the property.

The farm is centrally raced for ease of stock movement across the 51 paddocks (approx.) and is predominantly north facing with fresh water streams and some covenanted bush. Boundary fencing is primarily 6-7 strand wire and batten with mainly 2 strand electric internal fencing.

The dwelling is tenanted at $630 per week ($32,760 per annum) and the farm can be leased back to the current owners at $1,000 per ha per annum ($62,000 per annum approx.) for a fixed term. There are consents for boundary adjustments with the final survey and title pending. Approximately 62.2360 ha more or less. The sale is subject to title.

Patumahoe is only 2km as the crow flies (or 4.3km by road) and is a thriving village with a popular school, shops, cafe and bars. Pukekohe is a 12km drive and Auckland's southern motorway at Drury 17km by road. Patumahoe is known for its excellent farm land, attractive lifestyle and quality residential development in the village making this is a secure investment for the future.

To be sold + GST (if any)

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