229 Candy Road

Pokuru Waikato

164.69 ha.

Rural

Last sold for $9,250,000

Mike Fraser-Jones, last sold this property on 04 December 2025 after 63 days on market.

Overview

Mangawai Farm - Quality Dairy

Set against the backdrop of Mt Kakepuku, this 164-hectare dairy (plus a 28-hectare lease block) provides great scale and opportunity for the incoming purchaser. The contour is mostly flat with the balance at the front of the property being gentle rolling. Well laid out with a good race system to all 74 paddocks (including lease paddocks). The heart of the operation is the well-located modern 44 aside dairy with all the infrastructure as per supply requirement. Adjacent to the dairy is a 300-cow concrete feed pad with wash facilities. Both the dairy and feed pad feed into an unlined effluent pond (drop test available) with a pump and stirrer on separate platforms. Around 600 cows are milked in a two-herd system with production to 291,233kgMS. The herd and machinery are available to purchase with the farm - a huge bonus with the current cow prices and availability. Conveniently located near the dairy is a 13-bay shed designed for calf rearing and storage. The property also includes two large silage bunkers - a 500T bunker with a concrete floor and a 300T bunker, adjacent is a gable shed used for mineral storage. Water is sourced from two bores with submersibles pumping to manacons then pressure fed to troughs in all paddocks through mostly 32mm alkathene mains and smaller laterals. A Dosatron inline system is used for dispensing minerals. Fencing around the property is permanent on some boundaries and electric fence along the Waipa River. The internal fencing is mostly two wire electric. The property has three homes with the main homestead of five bedrooms and two bathrooms sitting on a nice, elevated position. The other two dwellings, one three-bedrooms and the other two-bedrooms, enjoy a warm disposition from their elevated sites. All the homes are on bore water provided via a separate line from the farm. The farm is further enhanced with around 20,000 native plantings on most of the steeper gully areas and along wetlands and provide environmental compliance of non-grazable land. With its location and fertile silt loam and ash soils, this unit is a privilege to market as larger properties of this quality are hard to find. Beyond its productivity, the property enjoys a prime setting with sweeping rural views and the lifestyle benefits of a nearby primary school and a close-knit farming community. All the hard work has been done on this great dairy unit and with the real bonus of four titles giving multiple options. This is a genuine opportunity to secure a proven dairy unit in a desirable location, with infrastructure, housing and land that speaks for itself.

Features

164.69 ha. lot size

Rural

Estimated Value

We need at least 3 similar rurals sold in Pokuru over the last 12 months.

Property history for 229 Candy Road

2025

Sold

$9,250,000

04 Dec 2025 by Mike Fraser-Jones, of Bayleys Hamilton

Happy sellers in Pokuru

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