Back 24 Waterworks Road
Off Market

24 Waterworks Road

Morrinsville Waikato

367 ha.
Rural
Last sold for $11,202,000
Mike Fraser-JonesMike Fraser-Jones, last sold this property on 29 January 2026 after 120 days on market.

Overview

Scale meets opportunity

Whakanui is a fully self-contained dairy unit, located just 11kms from Morrinsville. This exceptional 367-hectare (more or less) property blends four generations of family heritage with scale, infrastructure and versatility seldom found in a single offering. Where else could you dream of purchasing all of this for just $11,500,000! Land Overview: 367-hectares total (more or less) 220-hectares milking platform 105-hectares drystock 35-hectares of plantings, wetlands, pines and a fantastic Redwood plantation A 36-aside herringbone shed (built in 2000) is well positioned and supported by excellent outbuildings. Beyond its core dairy and support capabilities, Whakanui offers established equestrian facilities that have successfully supported horse-training and show-jumping ventures. This adds a unique layer of versatility - perfect for multi-income farming models or lifestyle diversification. Five dwellings are positioned across the property, providing great living options for owners, staff and extended family. At the heart of the property sits the main residence offering generous, character-filled living spaces and sweeping rural views. Each home is privately positioned, offering its own slice of the rural landscape. Whether you're stepping up to a significant landholding or seeking a diversified property with multiple income options, Whakanui delivers scale, history and potential and is ready for a new vision.

Features

367 ha. lot size
Rural

Estimated Value

Based on this property and similar rurals sold in Morrinsville over the last 12 months, the estimated median property value of 24 Waterworks Road is $1.59m.

Median value
$1.59m
Estimated value range
$925k - $11.2m
Median days on market
30
Estimated value trend
67%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Morrinsville. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24 Waterworks Road

2026
Sold
$11,202,000
29 Jan 2026 by Mike Fraser-Jones, of Bayleys Hamilton

Happy sellers in Morrinsville

73%
73% of sellers in Morrinsville reported that their sale price either exceeded or met their price expectations.

Morrinsville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 73 reviews in Morrinsville over the last 12 months.

Local market activity for rurals in Morrinsville

In the last 12 months, 4 rurals similar to 24 Waterworks Road, have been sold.

This represents a 45% increase in rurals sales when compared to the previous 12 months.

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