Significant portion of coastal Taranaki farm with 'Palm Springs' potential sold
A significant portion of an historic 152 hectare dairy farm along a picturesque stretch of coastline near New Plymouth has been sold.
Six of the eight titles that made up the Jury family farm on Sutton Rd in Omata have been purchased, Bayleys Real Estate country sales manager Mark Monckton has confirmed.
It is not known what specific parcels were sold and Monckton would not reveal who bought the land, how much they paid or what they had in mind for the plots.
The farm was listed earlier this year by owner Len Jury. It was the first time the farm had been put up for sale after 170 years of continuous family ownership.
In February Jury said the farm, which commands spectacular views of the Taranaki coastline, had the potential to become one of the best golf resorts in the world - rivalling the fairways of Palm Springs, California.
He said he wouldn't stand in the way of development and dreamed of real estate built around a breath-taking golf course.
"I would be surprised if it would stay as a farm, " Jury said.
"My feeling is that some time, in five, ten or 50 years, someone's going to see these views and understand they're quite different from anything we see in New Plymouth.
Tenders for Len Jury's coastal land, about 5km west of New Plymouth, closed late February.
The farm has a 1920s villa, two cottages and various farm buildings.
It is within walking distance of Okurukuru Winery and is just five minutes drive from New Plymouth.
The sea in front of the property is part of the 1,404ha Tapuae Marine Reserve.
Jury is the great-great grandson of the original owner of the property, Elizabeth Jury, who arrived in New Plymouth in 1841 on the 'William Bryan'.
She bought 46 acres of the Omata Block from the Plymouth Company in 1847.
In 1860, the Jury land was the scene of a battle with Maori - the battle of Waireka, during the New Zealand Wars.
As a result of this battle, three British soldiers were awarded the Victoria Cross and a fourth received the New Zealand Military Cross.
Jury said he used to get around five people each year wanting to come through the property because of its historical significance.