Okoko Rd (4) PIM - Complete

PROPERTY INFORMATION MEMORANDUM4 OKOKO ROADTE AWAMUTUOTOROHANGA DISTRICTWAIKATO REGION4 OKOKO ROAD

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupSTATEMENT OF PASSING OVER INFORMATIONThis information compilation has been compiled primarily by the collection, classification and summarisation ofrecords, documents, representations and financial information supplied by the vendor or the vendor’s agent.Accordingly Success Realty Limited (Bayleys) is merely passing over the information as supplied to us by thevendor or the vendor’s agent.We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed theinformation and all intending purchasers are advised to conduct their own due diligence investigation into thesame.To the maximum extent permitted by law Success Realty Limited (Bayleys) does not accept any responsibility toany person for the accuracy of the information herein.The information herein has been sighted and approved by the Vendor.Signed: ............................................................................. Date: ....................................................................................Signed: ............................................................................. Date: ....................................................................................4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 2

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupCONTENTSProperty Information Memorandum................................................................................................ 1 Statement of Passing Over Information ...................................................................................... 2 Executive Summary * ...................................................................................................................... 4 The Opportunity ............................................................................................................................... 5 Location* ........................................................................................................................................... 6 Te Awamutu.................................................................................................................................. 6 The Otorohanga District ............................................................................................................. 6 The Waikato Region .................................................................................................................... 7 Climate .......................................................................................................................................... 7 Important Notes * ............................................................................................................................ 8 Current Use.................................................................................................................................... 8 Land Description .......................................................................................................................... 8 Buildings and Improvements ................................................................................................... 10 Utilities And Services .................................................................................................................. 10 Viewing ............................................................................................................................................ 11 Method of Sale............................................................................................................................... 11 For Sale by Private Treaty ......................................................................................................... 11 Contact ........................................................................................................................................... 11 Agent Profiles.................................................................................................................................. 12 Sharon James ............................................................................................................................. 12 Appendices .................................................................................................................................... 134 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 3

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupEXECUTIVE SUMMARY *OPPORTUNITY This large scale lifestyle and grazing property delivers options for support or as a stand alone proposition.PROPERTY ADDRESS 4 Okoko Road, Te Awamutu.AREA (TOTAL) 87.8045 hectares more or lessLAND TENURE FreeholdZONING Rural ZoneCURRENT USE GrazingIMPROVEMENTS Four bedroom home with open plan living. Double attachedANNUAL RATES garage and single detached garage with sleepout. Woolshed (108m²) with night pens, 3 bay lock-up implement shed (108m²), ½ round lock-up barn with workshop space (81m²), sheep yards, cattle yards Otorohanga District Council - $3,114.45 Waikato Regional Council - $749.77CAPITAL VALUE CAPITAL VALUE $1,120,000 LAND VALUE $830,000(01/08/2013) IMPROVEMENT VALUE $290,000* Refer Appendix: Certificate of Title, District and Regional CouncilFOR SALE $1,395,000 plus GST (if any).SALES CONTACT SHARON JAMES AREINZ LICENSED AGENT (REAA) 2008 E [email protected] M 027 235 4771 | D 07 834 6742 | F 07 834 32314 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 4

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupTHE OPPORTUNITYThis large scale lifestyle and grazing property delivers options for support oras a stand alone proposition.Central to Otorohanga, Te Awamutu and Kawhia, the contour is mostly rollingwith some steeper land towards the Te Rauamoa Reserve boundary. An areaof native bush on the farm merges with this reserve plus there are scatteredpockets with trees for shade and shelter, totaling less than 10 hectares.Baleage is cut off two hectares.The plentiful water supply is from a spring source then reticulated throughoutthe farm using a gravity system. In addition, there are two streams and rainfallis estimated to be more than 1800mm per annum. Our clients typically fattenaround 140 Friesian/Hereford Cross and 30 Highland cattle with about 30 to40 sheep. The property has an estimated 1,000 stock unit carrying capacity.Farm infrastructure includes a fully enclosed, 3 bay implement shed, a ½round barn, a 3 stand wool shed with night pens and there are recentlyrefurbished cattle plus sheep yards. The formed track provides good accessaround the farm. Fencing is a mix of conventional, electric and some deer.The 1960’s four bedroom brick home has been faithfully maintained toprovide comfortable family living. Perfect for summer entertaining, there’sdecks front and back. An open plan kitchen and dining room offers plentifulstorage and the separate lounge is cosy in winter with its woodburner.Basement garaging provides undercover parking for one vehicle.Additionally, a separate garage provides the second car park along with asleep-out or hobby room. Established farm gardens and an orchard add tothe country ambience.For those looking for their first farm holding along with others looking tosupport their current business, this large scale lifestyle and grazing block isvery competitively priced for today’s market.4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 5

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupLOCATION*The property fronts Okoko Road on its eastern boundary and Kawhia Road on it’snorthern. The western boundary borders the Te Rauamoa Reserve.This area has a mixture of large dry stock holdings, dairy farms and smaller lifestyleproperties.NEARBYTe Awamutu town centre is 30 kilometres north east of the property and an approximate27 minute drive. Otorohanga town centre is 24 kilometres south east of the property andan approximate 18 minute drive.The region’s largest town, Hamilton, is 57 kilometres north and an approximate 48 minutedrive.Retrieved 3/02/2016: www.google.co.nz/mapsTE AWAMUTUTe Awamutu is a vibrant rural community in the heart of the Waikato. It serves as aservice town for the farming communities which surround it and provides a diverse rangeof services, facilities and attractions.The town is located some 30 km south of Hamilton on State Highway 3, one of the twomain routes south from Auckland and Hamilton.Te Awamutu has a large dairy factory, and serves as an important centre to the localdairy industry.Te Awamutu’s population, including Kihikihi and surrounding rural areas, numberedabout 14,000 (Census 2006)THE OTOROHANGA DISTRICTThe Otorohanga District has a population of 9,075 with Otorohanga being the maincentre. Otorohanga is a thriving rural service town for the surrounding dairy farmingdistrict with excellent shopping and service industries. There are many well establishedagricultural, engineering and manufacturing businesses.Additionally, there is a comprehensive selection of retail businesses including asupermarket, excellent cafes and dining outlets as well as designer furnishings andfashion stores.These businesses and industries plus the thriving farming community offer excellentemployment opportunities. Otorohanga provides a fine choice of sporting, schoolingand recreational facilities.4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 6

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupOtorohanga is located some 53 kilometres south of Hamilton on State Highway 3, one ofthe two main routes south from Auckland and Hamilton.Otorohanga is approximately 24.4 kilometres from the property.THE WAIKATO REGIONThe Waikato region is the fourth largest region in New Zealand in terms of both area andpopulation, covering approximately 25,000 km², with a population of 406,500. The regionis bounded by Auckland to the north, Bay of Plenty to the east, Hawkes Bay to the south-east, and Manawatu-Wanganui and Taranaki to the south.Being rich in natural resources, the principal industry within the Waikato region is theagriculture and forestry industry, accounting for 28% of all businesses. They produceabout 28% of the region’s Gross Domestic Product.Both nationally and internationally, the Waikato Region is regarded as one of the richestagricultural and pastoral areas and a world class centre of agricultural biotechexcellence.The mild climate and moderate level of annual rainfall, ensuring excellent growingconditions year round, provide good support for the industry.Hamilton is the major service centre within the region, with a population of approximately131,000 (Stats NZ Census 2006). Waikato’s dairy industry is centered in Hamilton and thecity is home to the National Agricultural Field Days, the largest agricultural trade show inthe Southern Hemisphere.Hamilton benefits from having proximity to two major sea ports, Auckland, 130 km to thenorth and Tauranga, 104 km to the east. Hamilton also has a Domestic Airport and iswithin 90 minutes’ drive of Auckland International Airport. Furthermore, Hamilton’s accessto State Highways One and Three provide significant logistical opportunities.CLIMATEThe Waikato region is centered around 38 degrees latitude south. It is being exposed tothe prevailing west and southwest winds from the Tasman Sea that produce generallywarm humid weather conditions in summer and mild winters.The average rainfall is around 1,250 mm per year with a reasonably even spreadcapable of providing sufficient water for most agricultural purposes, though dry summerperiods are not uncommon.Rainfall at the subject property is estimated to be more than 1,800 mm per annum.4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 7

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupIMPORTANT NOTES *CURRENT USEGrazing – fattening cattleLAND DESCRIPTIONThe property is irregular in shape and the variable contour includes rolling to somesteeper towards the western boundary.Elevation at the woolshed is approximately 175 metres above sea level.SOIL TYPEHauturu silt loam and clay loams derived from Mairoa Ash.ZONEThe zoning for the property is classified as Rural in the Otorohanga District Plan.* Refer District Council PlanCONTOUR AND COVERContour includes rolling to some steeper. Less than 10 hectares are in indigenous bush.Approximately two hectares are used for baleage.WATERDWELLING WATERThe dwelling water is roof catchment to an underground water tank that is situatedbelow the rear deck. The electric pump is situated in the basement garage.DWELLING WASTEThe property has an existing on-site waste water disposal systems by way of householdseptic tanks and waste water disposal soakage fields.STOCK WATERThe stock water is from a spring source toward the bush clad western boundary of theproperty. It is fed to a dam, then to two small holding tanks before being reticulated totroughs. This is an all gravity system.4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 8

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupMainline: 32ml PVC. Laterals: 25ml reducing to 20 ml Alkathene.In addition, there are two streams on the property.STORMWATERStorm water is directed to the adjoining natural watercourses.FENCING AND SUBDIVISIONThe fencing is a mix including conventional post, batten and wire as well as some electricand deer fencing.There are approximately 28 paddocks.TRACKS AND ACCESSAccess is by way of established graded tracks.The main track through the property was the route of the original Kawhia Road prior to itbeing rerouted in approximately 1960. Buyers will note glimpses of the asphalt in places.YARDSThe cattle and sheep yards show the benefits of a recent upgrade.STOCKThe carrying capacity is estimated to be 1,000 stock units.Stock Numbers as at February 2016Friesian/Hereford Cross Cattle: 70R1 and 70R230 Scottish Highland Cattle30 – 40 mixed age sheepFERTILISERAs per the attached Ballance nutrient records* Refer Appendix: Ballance Nutrient, Purchase and Analysis Reports4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 9

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupBUILDINGS AND IMPROVEMENTSDOMESTIC · A traditional four bedroom brick home (circa 1960’s). · Open plan kitchen and dining · Separate lounge · Family bathroom featuring a bath, vanity and toilet · Separate laundry featuring a laundry tub, shower and toilet · Basement garage · Front deck · Back deck – semi enclosed with a roof and wall · Separate single garage with sleepout/hobby roomDOMESTIC CHATTELSSimpson Atlas wall oven - electric ClotheslineSimpson Atlas bench top hotplates - Fisher and Paykel dishwasherceramicFly Screens RangehoodDrapes Domestic electric water pumpLight fittings Log fire and wetbackFixed floor coverings Security lightSky dishFARM· Woolshed (108 m²) with three night pens· Three bay lock-up implement shed (108 m²)· ½ round lock-up barn with workshop space (81 m²)· Sheep yards· Cattle yards, loadoutFARM CHATTELSElectric fence unit TroughsAll swung and unswung gates 2 electric shearing plants2 dehorning bailsUTILITIES AND SERVICESUtility services to the property include electricity and telecommunications.Other services to the front of the property include a five day a week rural postal delivery.Full services are available in Te Awamutu (30 kilometres) and Otorohanga (24 kilometres).4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 10

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupVIEWINGOnsite: Contact the Agent to confirm viewing timesOnline: www.bayleys.co.nz/811113METHOD OF SALEFOR SALE BY PRIVATE TREATY$1,395,000 plus GST (if any).CONTACTSHARON JAMES AREINZLICENSED AGENT (REAA) 2008E [email protected] 027 235 4771 | D 07 834 6742 | F 07 834 3231SUCCESS REALTY LTDLICENSED AGENT (REAA) 2008A Member of Bayleys Realty Group96 Ulster StreetPO Box 19205Hamilton 3244New Zealand4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 11

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupAGENT PROFILESSHARON JAMES Sharon is a highly experienced Agent and her exceptional attention to detail, dynamic energy and impressive negotiation skillset are what set her apart from her competitors. Succeeding in the industry since 2004 Sharon has progressed her way up from Salesperson to Agent, which has provided her with a comprehensive understanding of every facet of a property sales transaction. Sharon attributes her success to a ‘never-give-up’ attitude, obsessive focus and natural propensity to connect with people. Always calm under pressure, she is able to act quickly and decisively when the need arises.Trustworthy and bluntly realistic yet over optimistic, she favours a direct approach thatensures a favourable outcome for our clients every time. This is clearly validated throughthe repeat and referral business achieved by Sharon throughout her career to date.Specialising in Country property (dairy, sheep and beef, lodges and lifestyle) across theWaipa and Otorohanga districts, Sharon’s intellect, market knowledge and dedicationcombined with the support of the team ensure our clients are provided with an incrediblyprofessional real estate experience.4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 12

Success Realty LtdLicensed Agent (REAA) 2008A Member of Bayleys Realty GroupAPPENDICES 1. Photo Gallery 2. Property Guru Aerial Image 3. Farm Map 4. Certificate of Title 5. Otorohanga District Council Rating Information 6. Waikato Regional Council Rating Information 7. Ballance Nutrient Records4 Okoko Road Property Information Memorandum www.bayleys.co.nz/811113Te Awamutu 4th February 2016 Page 13











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COMPUTER FREEHOLD REGISTER UNDER LAND TRANSFER ACT 1952 Search CopyIdentifier 144458Land Registration District South AucklandDate Issued 17 August 2004Prior References SA15B/310 SA15B/312SA1033/244SA23B/870Estate Fee SimpleArea 87.8045 hectares more or lessLegal Description Lot 4 Deposited Plan 335273ProprietorsRobert Edwin Carr as to a 1/2 shareBeverley Jean Carr as to a 1/2 shareInterestsSubject to Section 59 Land Act 1948 (affects part formerly Sec 61 Blk X Pirongia SD)Subject to Section 8 Coal Mines Amendment Act 1950 (excludes part formerly Sec 61 Blk X Pirongia SD)H535003 Land Improvement Agreement pursuant to Soil Conservation and Rivers Control Act 1941 - 13.7.1984 at2:38 pm5991483.4 Mortgage of part (excludes part formerly Sec 61 Blk X Pirongia SD) to ANZ Banking Group (NewZealand) Limited - 5.5.2004 at 9:00 amSubject to a right (in gross) to transmit electricity over part marked B on DP 335273 in favour of Waipa NetworksLimited created by Easement Instrument 6117034.6 - 17.8.2004 at 9:00 amThe easement created by Easement Instrument 6117034.6 is subject to Section 243(a) Resource Management Act1991Transaction Id 45638996 Search Copy Dated 12/01/16 12:37 pm, Page 1 of 1Client Reference btesnado001 Register Only



Property Lookup Page 1 of 1Information and Rates for Current Rating Year - 2015/16 830,000 1,120,000Carr Robert Edwin Valuation No 0562075400Carr Beverley Jean Old Valn No 0555061700 Estimated Amt4 Okoko RoadRD 8 Post Code 3878 62.38Te Awamutu 132.46 Land ValueProperty Description Capital Value 3.36 9.00 Location: 4 Okoko Road Factor 784.45 Legal Description: LOT 4 DP 335273 372.88 Certificate of Title 144458 1120000.00 1,412.77 1.00 337.15Valuations $ 3,114.45 1120000.00 3,046.35 Area (Hectares) 87.8045 1.00 3,114.45 1,557.25 Improvements 290,000 1120000.00 1.00 Annual Rates Nature of Improvements DWG FG OBS OI 3,046.35 1120000.00 3,004.25 Valuation Date 1/08/13 1.00 2,937.25 2,834.60RATES for Current Year - 2015/16 Total Rates Levied 2,825.15 Rates Last Year 2,700.15(Next Year - 2016/17) Instalments YTD 2,613.75 2,660.25Code Description (Basis) Current Instalment 2,548.30 2,267.15001 Rural Targeted Rate (C) Capital Value 1,120,000002 Rural Uniform Targeted Rate (U) 1,175,000 1,175,000021 Ngutunui Hall Rate (C) 1,175,000 1,255,000022 Ngutunui Hall Uniform Rate (U) 1,255,000 1,255,000102 District General Rate (C) 870,000 870,000107 Uniform Annual General Charge (U) 850,000111 Roading Targeted Rate (C)116 Roading Uniform Targeted Rate (U)History Year Land Value2014/15 830,0002013/14 880,0002012/13 880,0002011/12 880,0002010/11 970,0002009/10 970,0002008/09 970,0002007/08 650,0002006/07 650,0002005/06 650,000© 2014, NCS Chameleon Limited.All rights reserved.http://ncs-unix.otodc.govt.nz/cgi-bin/rating/rapp?pp&K1&0562075400 26/01/2016

26/01/2016 Find out your 2015/16 ratesRates 1 July 2015 ­ 30 June 2016These are the rates for 2015/16, based on the 2015­2025 Long Term Plan Consultation Documentand supporting documents.Rates Year 2015/2016 05620/754/00 Valuation Number:Property Location: 4 Okoko Rd, NgutunuiLand Value (LV): $830,000Capital Value (CV): $1,120,000Area (Ha): 87.8045Property Category: PFEImprovements: DWG FG OBS OI Legal Description: LOT 4 DP 335273 Regional Council General Differential Value of factor Rate factor Rate code 1,120,000 CV 0.00030550 amount 342.16Otorohanga   RateWaikato­Waipa (Watershed) Differential Value of factor Rate factor amountContributor Rural code 830,000 LV 0.00004880 40.50   36.40Catchment Otorohanga   1,120,000 CV 0.00003250 85.46Waipa Management Zone (Otorohanga DC)   1,120,000 CV 0.00007630 RateUniform Annual General Charge Differential Value of factor Rate factor amountUAGC code 1 UR 72.32 72.32 UR RateProtecting Lake Taupo Differential Value of factor Rate factor amountLake Taupo code 1 UR 9.84 9.84 UR RateNatural Heritage Differential Value of factor Rate factor amountNatural Heritage code 1 UR 5.80 5.80 UR RatePermitted Activity Differential Value of factor Rate factor amountMonitoring Compliance (properties 2ha+) code 1 UR 48.65 48.65 UR 1/3 Civil Defence & Emergency Mgmthttp://www.environmentwaikato.govt.nz/Council/Rates/Find­out­your­rates/

26/01/2016 Find out your 2015/16 rates Differential Value of factor Rate factor Rate code amountCivil Defence and Emergency Management UR 6.95 1 UR 6.95 RateBiosecurity Differential Value of factor Rate factor amount code 1,120,000 CV 0.00007170Pest Control and Regional Biosecurity 80.30(Otorohanga)   RateStock Truck Effluent Differential Value of factor Rate factor amount code 1,120,000 CV 0.00000150Stock Truck Effluent (properties 2ha+) 1.68TBfree New Zealand   RateLivestock Differential Value of factor Rate factor amount  code 1,120,000 CV 0.00001760Total rates (including GST) 19.71   $749.77You can find out more about our work programmes by reading the  2015­2025 Long Term PlanConsultation Document and supporting documents.If you would like more information about what these rates pay for, check out these targeted rates.If you can't find the information you're looking for, call Waikato Regional Council's Freephone 0800800 401 or fax us at (07) 859 0928.Disclaimer: Waikato Regional Council and its employees, while providing this information in good faith, acceptno responsibility for any loss, damage, injury, or loss in value to any person, property, service orotherwise resulting from its use.Terms and conditions of useThis information is provided under Section 27 of the Local Government (Rating) Act 2002 as anelectronic representation of the Regional Rating Information Database.This service is provided by Waikato Regional Council as a public service. Use of this service toretrieve information constitutes your awareness and agreement to the following conditions of use.The preparation and provision of the information has been made in good faith from a number ofsources. While all due care has been taken, Waikato Regional Council does not give any warrantyin regard to the availability, accuracy, completeness, currency or reliability of the information. Thisservice is not to be used for property settlement purposes.     © Waikato Regional Council 2/3http://www.environmentwaikato.govt.nz/Council/Rates/Find­out­your­rates/