Collective First National New Plymouth
Real Estate Agents
- Listing #:
- L31611348
- Listed:
- 397 days ago
Asking Price $1,275,000
AFFORDABLE ENTRY INTO FARM OWNERSHIP
109 Kirihau Road, Koru, New PlymouthDairy Farm
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- 3 Bedrooms
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- 1 Bathroom
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- 2 Car Garages
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- 144m2 Floor Area
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- 38.4 Hectares Land Area
About this property
Affordable entry into farm ownership - West Coast lease opportunityLocated on Kirihau Road, off Plymouth Road, this 38.4451 ha West Coast lease block offers a well-established dairy platform with strong infrastructure and additional land options to scale your operation.
The farm is currently milking 140 cows and features a modern 20-aside herringbone cowshed with in-shed feed system, silo, and a four-bay calf-rearing shed. The vendor also leases two adjoining private blocks of 32 ha and 20 ha - both available to continue if required. The 20 ha block is currently used for milking, while the 32 ha is run as a support block for drystock.
Additional improvements include 3-phase power in the workshop, a generator shed, and around 120 tonnes of mixed meal fed through the system annually. Production is consistently around 45,000-48,000 milk solids per season.
A comfortable three-bedroom home with sun-soaked decking completes the picture - an ideal base just 20 minutes from New Plymouth.
The current West Coast Lease (WCL) rental is $14,500 + GST per annum. After 14 successful years here, the vendors are moving on, creating a genuine opportunity for the next owner.
With over 80 hectares currently farmed across the leases, this property has the scale and potential to run 200+ cows - an affordable entry point into farm ownership with room to grow.
Viewing by appointment only.
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