Listing Description
Solid farm, excellent infrastructure
57 Ohutu Road, Galatea, Whakatane, Bay Of Plenty
Asking price $3,850,000
Details
Attribute | Value |
---|---|
Property use | Dairy |
Capital value (CV) | $3,270,000 |
Agency reference | RTR176962 |
Description
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.