Available PropertyFiles:

  • /Accounts/
    • 9 9. Accounts.zip
  • /Business Case and Plan /
    • 5 5. Business Case and Plan.zip
  • /Consents/
    • 2 2. Consents.zip
  • /Customers/
    • 6 6. Customers.zip
  • /Main Construction Contract/
    • 8 8. Main Construction Contract.zip
  • /Milk Sourcing Strategy/
    • 7 7. Milk Sourcing Strategy.zip
  • /Overseas Investment Office/
    • 10 10. Overseas Investment Office.zip
  • /Plant Design /
    • 3 3. Plant Design.zip
  • /Site Works/
    • 4 4. Site works.zip

Property Description

The liquidation of an incomplete milk processing project presents a unique opportunity for an astute buyer to capitalise on the substantial investment already made in acquiring the land, resource consents, and all IP necessary to develop and operate a dairy factory.

The land assets comprise of several properties located on the periphery of Otorohanga township, including the proposed processing plant site of 17.8 ha bounding the Waipa River, a 142 ha dairy farm and a 155 ha finishing farm (totalling 297 ha approx.) and a 1.8 ha vacant lifestyle lot with expansive rural views and significant ground[1]take water consents. The farms are operated subject to long term market rate leases.

Parties are encouraged to assess all options to utilise the existing consents and investment opportunities.

Offers invited for the entire portfolio, or alternatively as separate land holdings.

Tender Closing 11 March 2024 - Bayleys House, 30 Gaunt Street, Auckland Central

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Duncan Ross

Bayleys Real Estate Limited

Licensed REAA 2008

+64 9 375 8662   +64 21 663 567   duncan.ross@bayleys.co.nz   All Listings

As Chief Operating Officer (COO) for Bayley Corporation, Duncan oversees the execution of Bayleys’ wider company operational and strategic activities, monitors productivity and results, and helps facilitate the “Altogether Better” philosophy that underpins Bayleys’ business throughout New Zealand and the Pacific Islands.

Duncan is a proven member of Bayleys’ senior management team having spearheaded the rural arm of the business from 2017 as National Director Rural, a role that he continued in conjunction with his COO position until January 2021. Under Duncan’s leadership, Bayleys completed rural sales in excess of $4.7 billion over the last three years reinforcing the company’s position as the number one rural real estate brand in New Zealand.

With his focus now solely on his role as COO, Duncan’s mandate is to boost productivity and continue to drive the growth of the Bayleys business.

Duncan brings almost 20 years’ experience in banking, finance, professional services, business advisory, turnaround management and corporate restructuring to the Bayleys table. This industry background includes a decade spent with KordaMentha in the wider agricultural and financial sectors.

As a chartered accountant and holding a Bachelor of Management Studies from Waikato University, Duncan’s professional affiliations include being a member of the Institute of Chartered Accountants Australia New Zealand (ICAANZ) and of Restructuring Insolvency Turnaround New Zealand (RITANZ).

A strategic thinker with astute problem-solving skills and an ability to see issues in a wider economic and business context, Duncan takes a hands-on approach to leadership in a team-driven environment where robust outcomes are expected.

As New Zealand’s largest full-service real estate agency, Bayleys continues to evolve, grow and diversify with resilience honed through almost 50 years in the industry.

Duncan’s business and interpersonal strengths are an asset to the company as a whole as it continues to thrive in a rapidly-changing business environment.