Property Brokers Ltd Licensed REAA 2008
Motivated vendor prepared to meet the market Substantial Dairy Farming Portfolio An outstanding opportunity for an astute investor seeking a competitive yield to acquire a large-scale self-contained dairy portfolio located in South Waikato, available as one lot or as individual units. • Total area 2,733 hectares including 1,937 ha dairy platform, 550 ha support block and 98 ha in trees • Four dairy units milking 5,000 cows with threeyear average production 1.578 million kgs of milksolids • Support block carries all replacement heifers plus harvests approx 150 hectares of grass silage • Excellent accommodation provided by 15 modern brick homes
• Turn-key operation, available as a going concern including livestock, plant and machinery Capitalise on the efficiencies created by significant scale and the strong fundamentals of global demand for dairy products by investing at an opportune time in the property cycle. Motivated vendors prepared to meet the market with a portfolio of dairy properties that can be sold both individually or collectively as a going concern with the potential to generate very attractive returns.
These properties, adjacent to the Waikato river and State Highway 32 are in close proximity to Tokoroa and Whakamaru and offered for sale with excellent, near-new infrastructure.
For more info about these properties please contact Property Brokers sales consultants: Brian Peacocke 021 373 113 Paul O’Sullivan 027 496 4417 Dave Peacocke 0274 732 382 Doug Wakelin 027 321 1343 pb.co.nz/atarangi
Dairy Support
TENDER TOKOROA Wainui Road • • • • • • • • •
WEB ID TWR02686
550.22 hectares (subject to title) Taupo sandy loam soils Easy to medium rolling contour with some sidlings Approx. 483 ha in pasture with 150 ha mowable Grazes all replacement heifers through for two years Near new 250 head capacity steel cattle yards 4-bay implement shed, covered 180t fertiliser bin Modern 4 bedroom brick home Inspection by appointment
TENDER Thursday, 21st May, 2020 or other date to be advised 138 Arawata Street, Te Awamutu
Atiamuri
TENDER WHAKAMARU 2603 Whakamaru Road
WEB ID TWR02688
• 612.7191 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 539 hectare milking platform; 1,450 cows • 3-year average production 431,896 kgs milksolids • First-class 60 bail rotary dairy with in-shed meal feeding • 4 modern low maintenance dwellings • Inspection by appointment
TENDER Thursday, 21st May, 2020 or other date to be advised 138 Arawata Street, Te Awamutu
pb.co.nz/atarangi
TOKOROA Telephone 0800 367 5263
Price expectation based on yield Tokoroa Downs
TENDER TOKOROA 726 State Highway 32
WEB ID TWR02689
• 593.1596 hectares • A mix of Tirau silty loam and Taupo sandy loam soils • Flat to easy to undulating contour with some sidlings • 548 hectare milking platform; 1,350 cows • 3-year average production 444,645 kgs milksolids • First-class 60 bail rotary dairy with in-shed meal feeding • 23 hectares in forestry deriving lease income • 4 modern low maintenance dwellings • Inspection by appointment TENDER Thursday, 21st May, 2020 or other date to be advised 138 Arawata Street, Te Awamutu
Twin Lakes
TENDER WHAKAMARU 1957 Whakamaru Road
WEB ID TWR02690
• 482.8841 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 367 hectare milking platform; 950 cows • 3-year average production 305,532 kgs milksolids • 60 hectares in forestry deriving lease income • 18 ha ex-forestry suitable for pastoral development • First-class 60 bail rotary dairy with in-shed meal feeding • 3 modern low maintenance dwellings • Inspection by appointment TENDER Thursday, 21st May, 2020 or other date to be advised 138 Arawata Street, Te Awamutu
Whakamaru
TENDER WHAKAMARU 2362 Whakamaru Road
WEB ID TWR02691
• 494.0799 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 478 hectare milking platform; 1,250 cows • 3-year average production 396,342 kgs milksolids • First-class 60 bail rotary dairy with in-shed meal feeding • 3 modern low maintenance dwellings • Inspection by appointment
TENDER Thursday, 21st May, 2020 or other date to be advised 138 Arawata Street, Te Awamutu
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farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
FARMERS WEEKLY – May 4, 2020
Advertisement
NZ Pastoral Rural Real Estate - market update NZ pastoral real estate now affords the best value for money in a generation, and that was pre-COVID-19. Nationally on the most recent REINZ data to end of March, the total number of NZ pastoral annual farms sales are back 18% by number at a 1000 sales, and the pastoral farm market by value is back 28% at $2.2b on the prior year. The dairy property market has been a significant influence in these results with the median dairy sale price per hectare to the end of March having dropped 18% from $37,100/ha to $30,300/ha and the REINZ Dairy Farm Price Index back 13% year on year. Nationally the number of dairy farm sales is tracking at less than a 100 for the current 19/20 season to June and March to March stands at 108 for the year, half the number seen a couple of seasons ago. What is most interesting is that while dairy farm sales have been trending down year on year, dairy farm gate returns have been trending up! No less so than this current 19/20 season with a forecast pay-out of $7+/ kgms. Much will be made of COVID-19 and its massive impact on the economy going forward, and it’s likely that NZ’s rural property market will be captured in all of that commentary too, when in fact it’s not the case. The rural property market has already worked through a significant market adjustment, anybody now looking to associate COVID-19 supply chain interruptions to it, probably didn’t read the tea leaves clearly ahead of this event. The real issues presenting in our rural property market are the continuing sinking lid policy on farm gate rural debt, and the absence of sufficient equity funded institutional buyers. NZ farmers are realists, the rural real estate market by any definition has already reset, operating currently at GFC levels by value and volume of sales. Farming is a long term investment play, and lately, the risks have been over-sold and farmers looking to sell, have had to wear the brunt of that. In real terms, the underlying sustainable farming returns now compare very favourably with other sectors and should and will attract future investment interest. We should not lose sight of the fact that returns per hectare from productive well managed, sustainable dairy systems, remain head and shoulders above the alternative pastoral land uses. So, current market sentiment has created significant opportunities to capture real value in the dairy sector, including this autumn. The economic impact of COVID-19 will go well past the current generation, but our export-led recovery is at the heart of the solution, and our NZ farmers have and will continue to play a big part in that. It should be our collective hope that farming is seen as being in the national interest again. And, the regulatory frameworks that support them are enabling, particularly the credit risk appetite to back proven farmers with strong balance sheets to grow their businesses. In this regard, Property Brokers continues to present excellent new listings to the market, no less so than Ata Rangi Pastoral Limited’s portfolio of South Waikato properties (covered in this issue of the Farmers Weekly), we have worked with the vendors to ensure the significant investment in these farms and the underlying revenues that sustain them, have been thoroughly assessed and now communicated to the market.
RURAL Property Brokers Limited Licensed REAA 2008
23 Baxter Street Balclutha Office 0800 367 5263
New Zealand Dairy Farm sales Period 12mths to
Median Sale Price
Mar-19
$3,800,000
Apr-19
No of Sales
Total Sales Volume
173
$802,637,561
161
$731,937,951
May-19
150
$677,804,757
Jun-19
147
$670,304,320
Jul-19
143
$656,867,320
Aug-19
142
$654,637,320
Sep-19
144
$667,632,320
Oct-19
143
$663,467,320
Nov-19
123
$566,891,820
Dec-19
119
$549,838,990
Jan-20
117
$519,346,590
Feb-20 Mar-20
$3,440,000
117
$522,416,590
108
$489,554,979
-39%
REINZ Dairy Farm Price fell 13% from March 2019 to March 2020 Median Sale Price per hectare
Median Sale Price $/kgMS
Jan-March 20
$30,299
$32.55
Jan-March 19
$37,100
$38.69 Source REINZ statistics
Conrad Wilkshire General Manager | Rural Property Brokers
Property Brokers Limited Licensed REAA 2008
83 Sophia Street Timaru 03 687 7166
Glenfarg/Tahuna
Kaihiku Gorge
TENDER
WEB ID BAR75708 SOUTH OTAGO 638 Glenfalloch Road In the Kaihiku Ranges of South Otago is this productive property that has a good balance of tussock hill and rolling/hilly contour, renowned as healthy sheep and beef grazing/finishing country. A superb 4 bedroom brick home compliments the property plus a 3 bedroom cottage. Support buildings include a 4-stand woolshed with covered yards, several implement sheds, new covered super bin and cattle yards. Current stock numbers are 60:40, sheep to cattle ratio. Known as summer safe country. Inspection highly recommended.
pb.co.nz
TENDER View By Appointment TENDER closes Thursday 4th June, 2020 at 12.00pm, (no prior offers) at the office of Property Brokers, 23 Baxter Street, Balclutha
Patrick Bowden
Mobile 027 436 5161 patrick.bowden@pb.co.nz
WEB ID TMR75525 FAIRLIE 207 Tondros Road This is a very well balanced 515.3046 hectare property Michael Richardson with a comfortable 4 bedroom home and the ability Mobile 027 228 7027 to run all stock types. A large portion of the property Office 03 687 7145 is deer fenced to a high standard, gullies and rougher Home 027 228 7027 areas will be planted into trees (approximately michael@pb.co.nz 57 ha) and these will be in the Emission Trading Scheme. Conveniently located 6 km from Fairlie. Hamish Lane DEADLINE SALE closing at 4pm Thursday 28th Mobile 027 685 6204 May 2020 or other date TBA subject to Covid Office 03 687 1227 19 restrictions being lifted (unless sold prior) hamish.lane@bayleys.co.nz
pb.co.nz
DEADLINE SALE 4 2 2
Real Estate
FARMERS WEEKLY – May 4, 2020
farmersweekly.co.nz/realestate 0800 85 25 80
Whangara 1542 Panikau Road
Panikau Station - an East Coast icon
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Panikau Station is a sheep and beef operation situated in the renowned Whangara farming district. Renowned for its superb coastal climate and contour, the 1,093ha station property has been proudly held by the same family since the 1880s. The farm conservatively carries 6,800SU across approximately 750 effective hectares. The picturesque property has nationally significant plantings of exotic and native trees including a central park. Superb natural water sources including several springs and the adjoining Pakarae River provide further potential sources to increase production. Significant farming infrastructure includes a seven stand woolshed, laneways, cattle and sheep yards, as well as an attractive, architecturally designed homestead. The five bedroom home sits amongst celebrated landscape gardens designed by Alfred Buxton. Start your legacy, call today.
Tender (unless sold prior) Closing 4pm, Tue 16 Jun 2020 10 Reads Quay, Gisborne View by appointment James Bolton-Riley 027 739 1011 Simon Bousfield 027 665 8778
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MACPHERSON MORICE LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
bayleys.co.nz/2751664
NEW LISTING
Your destination For Rural real Estate Get in touch with your agent today
farmersweekly.co.nz/realestate
Carterton 287B Millars Road Opportunities abound Conveniently located 138ha (approx) farm 15-20 minutes from most towns in the Wairarapa. Easy commute to Wellington via road or rail, the farm has an incredibly attractive landscape with views to the Tararua ranges. Medium hill country leading to arable rolling terraces currently used for cattle farming, running a herd of 200 Angus cows with all progeny being sold as weaners. Excellent water systems reticulated to all paddocks, good conventional fencing supported by electric maximising grazing potential. Well tracked with central laneway; large well sited 6 bay shed; substantial cattle yards with excellent load out facilities plus easily accessible quarry. Substantial home on its own title, also available for purchase separately. A rare find.
bayleys.co.nz/3150873
Auction (unless sold prior) 11am, Wed 27 May 2020 Auction date subject to change Lindsay Watts 027 246 2542 lindsay.watts@bayleys.co.nz Andrew Smith 027 760 8208 a.smith@bayleys.co.nz EASTERN REALTY (WAIRARAPA) LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
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