Bilbar Lodge SOLD today for $1,730,000

Bilbar Lodge, an attractive 29.3ha Kairanga silt loam farmlet, 16km from Palmerston North, sold at Auction on 3rd May.

For a while it looked like it was going to be a one-bidder show, but once Auctioneer David Cotton announced the property exceeded the Reserve price and was going to be sold, a new bidder made their presence known. It then came down to alternating $10,000 bids until such time as the property was SOLD at $1,730,000 + GST. The 2015 Rateable Value was $1,520,000, so a fair and reasonable margin of 13.8% above that.


About Robert Dabb

Mobile 027 255 3992
Office 06 323 3363
Home 06 353 0298
Robert has been involved in the rural sector his whole working life and in real estate since 2006. He has experience as a Dairy Farm Consultant and was the lower North Island Regional Manager (Shareholder Services) at Fonterra Co-operative Group from 2000 through to 2006. He holds a Bachelor of Agricultural Science degree from Massey University. He has a wide network of contacts across rural industry and enjoys professionally marketing rural and lifestyle properties. Robert together with Richard Anderson formed Rural and Lifestyle in 2012