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57 Ohutu Road, Galatea, Whakatāne

$3,850,000

99.47ha

Solid farm, excellent infrastructure

An awesome opportunity here, where you can expect solid performance and excellent returns.

With an effective milking platform of 99.47ha, currently supplying 88,600kgs MS to Fonterra plus 300 calves on whole milk, operating a system 2 program. The property has previously produced over 170,000kgs MS on a system 5. There has been significant Capital recently spent on adding a PPP in shed feed system, upgraded effluent system, new 6 bay implement shed, rebuilt calf shed, new cattle yards, AB race and renovations to the main home.

The Galatea Valley has earned a reputation as a prime destination for first-time farm buyers, with properties often remaining in families for generations.

Conveniently located just 73.9 km from Whakatane and 70.3 km from Rotorua, this area offers the perfect blend of dairy farming and lifestyle appeal.

Galatea embodies the charm of rural New Zealand, offering all the features that make provincial communities special. Enjoy easy access to nearby freshwater lakes and rivers for skiing and fishing, as well as wilderness areas ideal for hunting and tramping.

At 57 Ohutu Road, you'll find a property that connects you seamlessly to the great outdoors and everything this vibrant region has to offer.

If you're seeking your first farm or looking to expand your dairy investment portfolio, this farm is worth considering.

Contact Phil or Phillip today to receive more information and arrange a viewing.

Additional details

Type

Dairy

Property ID

RTR176962

Listed on

12/09/2024

Updated

4 days ago

Data

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Broadband available

Land area

99.47ha

Title

SA70B/162;SA39A/742;SA70B/163

Legal description

SECS 2-4 BLK XI GALATEA SD

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Murupara Surrounds, Whakatāne

Murupara Surrounds is a suburb which lies within the Territorial Authority of Whakatane, one of 21 residential suburbs which form the wider region. Murupara Surrounds is the 8th largest suburb of Whakatane in terms of the total number of residential housing stock. Murupara Surrounds provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Murupara Surrounds is made up of approximately 66% residential housing , 2% residential investment housing and 32% lifestyle properties.

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