Commercial

Top price for Waikato farmland

A Horsham Downs dairy farm has sold for a record $70,000 a hectare.

Tuesday, December 07th 2004

The 118ha property near Hamilton's northern boundary was sold for $8.25 million to a Waikato farming family looking to subdivide.

The sale blitzed the last Waikato record, thought to be around $42,000 a hectare, for a 157ha Tatua farm sold last year.

The farm has been in the same family for three generations and is at the north end of River Rd near the Horotiu Bridge.

The offer was one of four for the property since July after Waikato District Council agreed to progressively turn over 1800ha of land to Hamilton for northern growth.

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Wednesday, April 17th 2024

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Monday, March 18th 2024

Support for regulation

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Thursday, March 14th 2024

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

Thursday, March 14th 2024

[OPINION] Recessionary times

It is not the best out there for many businesses and property sector people. Sales are down across the board, our clients’ confidence is falling, and there is a lot of uncertainty.

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