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Manawatū area investigations manager Detective Senior Sergeant Dave Thompson said members of the public found the body while hunting in dense bush in the Ōtaki Gorge area.
On Monday, Manawatu Police and Search and Rescue responded to the Eastern Park of the gorge, where they located the body.
“While the formal identification process is yet to be completed, it’s thought that the body is that of missing person Duncan Hill, who was reported missing in October 2023,” Thompson said in a statement.
At the time, police were concerned the 59-year-old would run out of his medication, which he needed on a regular basis.
Police earlier said the Ōtaki Gorge was an “area of interest”.
Hill was last seen by his landlord on October 5 at his home on Waihoanga Rd. He left his car and other personal items at the property before he vanished.