Real Estate
THE NZ FARMERS WEEKLY – farmersweekly.co.nz – February 4, 2019
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Finishing farms keep market ticking Alan Williams alan.williams@globalhq.co.nz
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RICES for finishing farm sales slipped slightly over the latest year but turnover remains strong. There are indications demand is exceeding supply and in some areas dairy and dairy-support land is being sold for sheep and beef farming, Real Estate Institute rural spokesman Brian Peacocke said. Southland is one of them, adding to the busy activity in finishing farm sales in the three months to the end of December, nearly equalling the very good results achieved at the corresponding time in 2016. Peacocke reports steady finishing sales in Northland and Hawke’s Bay, very strong activity through Waikato and northern King Country with a number of sales of smaller units bolstering the figures and solid sales right through the South Island. The Waikato sales came at a time when there was a solid fall in dairy farm sales in the province. In many instances vendor price expectations exceed those of
CONVERSIONS: Demand for finishing farms exceeds supply in some areas where dairy land is being sold for sheep and beef farming.
buyers and the gap is not being bridged. “When they’ve not sold some have been withdrawn from the market,” Peacocke said. Most sale programmes for the high number of spring listings have been completed. Fresh listings are expected but not in the
same numbers, Peacocke said. Dairy farm deals have been lower throughout the upper North Island, holding par in lower North Island areas and at miserable levels in the central South Island. The latter point fits in with Canterbury research indicating tighter Overseas Investment Office
rules have shut down foreign investment in large-scale dairy farms, which is having a negative impact on smaller-farm activity. Peacocke reported reasonable sales activity for grazing properties through Northland, Gisborne, Waikato, Hawke’s Bay and Canterbury and extremely good results in Manawatu and Wanganui. Arable farm sales have picked up, with Canterbury activity being the best three-month result for a considerable time. Institute figures show there were 440 farm sales in the three months to the end of December, up from 336 for the three-months to the end of November and 394 sales in the December period a year earlier. There was a 3.8% fall in the year-on-year sales, at 1505. The median price per hectare for all farms sold in the latest December period was $27,288, down from $29,266 a year earlier, a 6.8% fall. The fall from the November three-months was 10.3%. The institute’s All-Farm Index was up very marginally monthon-month and fell 0.7% year-onyear. The index adjusts for difference
in farm size, location and farming type, which the median price does not do. For dairy farms, the median price for December was $40,589/ ha, down from $50,964 for November, and $40,484 for December 2017. Though the median price was lower the institute’s Dairy Farm Index rose 6.3% from November to December, after allowing for those farm size and location differences. Year-on-year the index was marginally lower. For finishing farms to the end of December the median price was $31,169/ha compared to $32,635 for November and $32,000 for December 2017. A lower median price for grazing farms was also recorded, at $10,192/ha, from $11,835 in November and $11,937 in December 2017, for a year-on-year fall of 14.6%. Horticulture block sales data can be affected by a small number of sales at especially high or low prices and the median price for the latest period, at $164,143/ ha, was down from $196,142/ ha in November and $242,988 in December 2017, for a year-on-year fall of 32%.
Vineyard values squeeze returns Alan Williams alan.williams@globalhq.co.nz HIGHER vineyard prices in Marlborough have started to erode cash returns to less comfortable levels again. Increases have been triggered by larger wineries looking to secure supply for their marketing programmes, property consultant Colliers says in a research report. The outlook will be of more concern if vineyard costs keep increasing without any upward movement in grape prices and vineyard productivity. A number of growers are already concerned about static prices, which mean increasing grape yields is the only way to maintain or improve returns, Colliers’ Blenheim valuer Tim Gifford said. Colliers expects grape prices to remain about current levels over the next harvest season with volumes expected to be about 6% higher as new plantings come into production and yields remain at long-term average levels. Despite the issues the underlying industry is strong. Value growth has been constant over the last six years as processing capacity increased, export sales strengthened and the contract grape price lifted but had plateaued in the last six months or so. Tighter Overseas Investment Office rules are likely to affect multi-national company involvement in greenfield developments. For further vineyard value increases grape prices will need to rise further and productivity improvements will be needed
through canopy and disease management. Average grower returns in Marlborough increased about 40% since 2012 through higher grape prices and favourable growing conditions but vineyard operating expenses have also increased at an equal pace. As an alternative to immediate sale, leasing will continue to be a good option to provide ongoing returns and eventual capital appreciation and is increasingly part of succession planning for many vineyard owners. However, as vineyard values increased rental levels have reached a point where it might not be economically viable for lessees, mainly wine companies. That might create issues for future rent review negotiations, particularly in higher-value localities, Gifford said. Among sales he highlighted was the $31.5 million paid by the New Zealand Super Fund in November 2017 for Altimarloch Vineyard, a 319ha property in Awatere Valley, with about 200ha mainly in sauvignon blanc and a small area of remaining plantable land. About the same time a Marlborough wine company paid $19m for St Lukes Vineyard at Seddon, a 365ha property with 130ha planted. They were the headline pricetoppers but both were at the lower end in terms of price per planted hectare, at $150,205/ha and $125,615/ha respectively, with smaller vineyards the most expensive. The highest price per hectare was the $3.3m paid for 9.47ha at 57 Selmes Rd in the highly-
regarded Rapaura area, with 7.6ha in sauvignon blanc, planted in 2015-16. The price worked out at $294,343/ha, just heading off the $292,381/ha paid for a Grovetown vineyard with 6.75ha in sauvignon blanc. The Grovetown site in the favoured Rapaura/Lower Wairau area has heavy, productive soil and low climatic risk, Gifford said. Two properties in Jones Rd, in the same area, also sold strongly in February and March last year. One was 7.5ha of planted vines at $2.36m ($279,625/ha) and the other having 25.7ha of grapes for $7.52m ($261,766/ha). The latter sale appeared to involve two adjoining properties, Gifford said. He reported about 14 vineyard sales over the year, down from about 25 sales in recent years but still well above previous lows in the 2008-11 period. The lower turnover indicates there might be a disparity between vendor and buyer price expectations. There were extended sales periods for smaller and highervalued vineyards though premiums were still be paid for strategic sites in prime locations. The two big vineyards with the highest sales prices are in the Awatere Valley and Seddon areas where the per-hectare prices are typically lower and offer slightly better investment returns. Marlborough is the centre of wine production in NZ, providing about 68% of total vineyard land and 77% of production. Nearly 80% of Marlborough plantings are sauvignon blanc. The 26,000ha production area is nearing a peak with the Ministry
NEAR CAPACITY: Marlborough has 26,000ha in vineyards and the Primary Industries Ministry estimates another 5000ha will be available for planting in grapes in the next five years.
for Primary Industries estimating a potential 5000ha of land available for planting in the next five years. That will drive further wine export growth but with irrigation water already over-allocated in many areas the industry might eventually need to rely on other regions and other grape varieties for further growth, Gifford said. Pinot Noir, chardonnay, and pinot gris are also grown. He identified three production zones in Marlborough – the premier one being Rapaura/Lower Wairau, close to and north of Blenheim, with typical vineyard
values of $250,000 to $300,000/ha and west of there the Wairau and southern valleys fetch $175,000 to $250,000/ha. The third zone covers the Awatere (Seddon) and Upper Wairau areas, fetching $125,000 to $185,000/ha. About 20% of NZ wine is sold domestically and small wineries with less than $1.5m in sales rely on that market, including tourists, for most of their sales. Export markets are strong, led by North America, Britain and Australia. In those markets Marlborough is positioned as high-quality, proprietary-branded wine.
MANY HANDS MAKE
A helping hand is always welcome on the farm or lifestyle block and likewise, if you’re looking to sell your rural property. The autumn 2019 edition of Bayleys’ Country magazine will be the practical support you need. It’s an altogether better plan because when you list with Bayleys, the nationwide rural team gets right behind you to find the best buyer and that’s where grit and determination comes into play. Our rural band of workers gets stuck in to get the job done – and we all know how vital teamwork is when it comes to efficiency and results both on-farm and off. For 20 years, Country magazine has provided rural New Zealand property owners with the opportunity to unearth buyers. We have the tools to dig deep and get your farm or lifestyle block in front of active and passive local, national and international buyers. Then we have the proven skills to complete the circle on a sale – that’s why Bayleys is recognised as New Zealand’s number one rural brand. Talk to your local Bayleys office today about Country magazine and share the workload. Let us lend a hand.
More value from trees a big challenge Interest in forestry and wood processing from government is welcome, but adding value to logs can be a tough job.
The show must go on
The traditional A&P Show is holding its own in a changing society and continues to unite rural and urban communities.
FEATURING
125 FARM, SPECIALTY AND LIFESTYLE PROPERTIES FOR SALE ISSUE 2 – 2018
#1
RURAL REAL ESTATE BRAND
To learn more about Country magazine, call 0800 BAYLEYS or visit bayleys.co.nz/country. LICENSED UNDER THE REA ACT 2008
A LT O G E T H E R B E T T E R
Residential / Commercial / Rural / Property Services
Pikowai 166 Airstrip Road
Award winning 452ha farm
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Lovingly nurtured for 44 years, this rare and prestigious offering provides options for the discerning purchaser. 452ha (more or less) of mixed contoured land that includes approximately 100ha of forestry. A first class infrastructure with a secluded three bedroom home; plus two other great staff homes, woolshed, sheep yards and an excellent cattle facility. There are well-subdivided and fenced paddocks with a spring water supply. Prospects here include continuing one of the region’s finest beef bull and sheep breeding blocks, a large support block for existing dairy operations or progressing your current farming business. Consistently inside the top 10% with regards to economic performance - recognised in 2010, winning The Ballance Farm Environment award. Handy to Whakatane and the Rotorua lakes, with Tauranga CBD a short 65km via the Eastern Link.
Tender (unless sold prior) Closing 4pm, Tue 26 Feb 2019 247 Cameron Road, Tauranga Phone for viewing times Mark Spitz 027 442 1295 mark.spitz@bayleys.co.nz
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bayleys.co.nz/2500061
bayleys.co.nz
FINAL NOTICE
Taupo Tram Road
Multiple grazing blocks Four titles subject to survey are being offered to the market as one or separate from 90ha, two of approximately 140ha and 250ha. Located 20 minutes from Taupo this land has had no expense spared in its development. Large laneways, top quality fencing throughout with paddocks subdivided to approximately 2.5ha, two sets of cattle yards with weigh facilities and concrete floor and an impressive water supply. Flanked by forestry those looking for a top-quality lifestyle / large runoff will be impressed with what they find here. The prestige in owning one or all of these properties will be evident once viewed. Currently running dairy graziers the land lends itself to all stock types with strong wintering and soil characteristics. Rare offering finished to a high standard, this property will be one all buyers large scale or not, should be giving serious consideration.
bayleys.co.nz/2450033
bayleys.co.nz
Tender (unless sold prior) Closing 4pm, Fri 8 Feb 2019 1092 Fenton Street, Rotorua View by appointment Ben Hickson 021 433 283 ben.hickson@bayleys.co.nz SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
Boundary lines are indicative only
Turua 207 Orchard East Road
Dairy opportunity, prime location The 124ha (more or less) farm has a nice aesthetic, comprising of four titles, being flat in contour with multiple road frontages/access points and positioned under five kilometres drive to Ngatea township. The dairy is a practical 30 ASHB supplying Fonterra a three-year average of 94,863kgMS. An array of utility, calf and ancillary improvements support the dairy including a modern 300 cow capacity wintering barn, whilst a solid 12-year-old Intalok and tidy three-bedroom home provide accommodation. The main home consists of three bedrooms and modern comforts including a heat pump, insulation and internal access garaging. The secondary dwelling is weatherboard construction with renovations to the bathroom completed in 2017 and separate garaging. With its location approximately 20 minutes’ drive from the Thames Coast the perfect work play balance is achievable.
bayleys.co.nz/2310254
Tender (unless sold prior) Closing 12pm, Thu 21 Feb 2019 96 Ulster Street, Hamilton View 12-1pm Fri 8 Feb & Fri 15 Feb Karl Davis 027 496 4633 karl.davis@bayleys.co.nz Lee Carter 027 696 5781 lee.carter@bayleys.co.nz SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
NEW LISTING
Waihi Beach 530 Waihi Beach Road
Bird's-eye view of the Bay
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Owned for over 30 years, this productive dairy farm affords outstanding panoramic ocean views over the Bay. This beautifully located farm boasts a profitable OAD dairy unit producing a five year average of 48,887 kgMS from 135 full pedigree Jersey cows. A self-contained farm sees all young stock grazed on the property, farm water via a bore pumped to holding tanks and gravity fed to troughs in all paddocks, effluent (compliant until 2028) is spread over pasture by travelling irrigator. In addition, there is a good track system around the wellfenced and subdivided paddocks. The 14 year old main home showcases the view below – an amazing panorama from Mayor Island to White Island on a clear day. Other improvements include a second home and a 17 ASHB shed. Continue as a dairy farm or diversify, with good grazing land and subdivision possibilities to explore.
Auction (unless sold prior) 1pm, Wed 6 Mar 2019 247 Cameron Road, Tauranga Phone for viewing times Mark Spitz 027 442 1295 mark.spitz@bayleys.co.nz
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SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
bayleys.co.nz/2500117
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Papamoa 502 Te Puke Highway
The good life farming Located five minutes out of Papamoa an attractive holiday location, this 70.786 hectare dairy unit has served its owner well. With the sharemilker handing in his notice the decision has been made to also vacate the property, 16 years of ownership is coming to an end. The improvements include a 30 aside straight rail dairy shed, two threebedroom homes, a very good half round barn, implement shed and fertilizer bin. The farm has a five year-average of 107,000 milksolids with room to improve, neighboring land is leased of approximately 40 hectares that supports this production. The flat rectangular property is in three titles well subdivided with electric fencing and receiving regular fertilizer dressings it is a very simple operation. If dairying isn’t your thing then surrounding land use sees berries, kiwifruit and maize thriving in the Bay of Plenty climate.
Tender (unless sold prior) Closing 4pm, Thu 28 Feb 2019 247 Cameron Road, Tauranga View 12-1pm Tue 5 Feb, Tue 12 Feb & Tue 19 Feb Ben Hickson 021 433 283 ben.hickson@bayleys.co.nz
bayleys.co.nz/2450049
SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
NEW LISTING
Hastings Brownlie Road, Puketitiri
Contour and rainfall with Puketitiri hunting Nestled under the Kaweka ranges only 57km west of Napier in the renowned Puketitiri farming district is the rare opportunity to purchase 'Rocky Hill' farm. An impressive 429ha finishing property with free draining soils, approximately 145ha deer fenced, a helicopter hangar, walk in chiller, freezer, areas of native bush which provide the perfect habitat for the resident Sika, Red and Fallow deer. "This is not only a very productive farm, but it is also a hunters paradise." Subdivided into over 50 paddocks with fantastic workability, laneway and central stock yards. Improvements include a 2002 built four bedroom home, three bedroom manager's residence, four stand woolshed, five bay implement shed/workshop, sheep and cattle yards. The opportunity to expand on the deer fencing, continue finishing sheep and beef or create a hunting park is fantastic.
bayleys.co.nz/2851504
bayleys.co.nz
Tender (will not be sold prior) Closing 4pm, Wed 13 Mar 2019 17 Napier Road, Havelock North View by appointment Tony Rasmussen 027 429 2253 tony.rasmussen@bayleys.co.nz Gavin Franklin 027 427 8000 gavin.franklin@bayleys.co.nz EASTERN REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
Wairoa Te Puna Station, 2775 Mangapoike Road
Scale, rainfall and multiple income opportunities An opportunity to purchase significant scale in a high rainfall environment, at very affordable levels. Te Puna Station is 1,594 hectares located 37 kilometres north of Wairoa. Carrying approximately 9,500 stock units, the farm has 80 hectares of high UMF manuka due for honey production in 2019, forecasting strong returns. Development has resulted in excellent access throughout the farm, improved subdivision, weed control and currently under construction is a new main homestead. An excellent farming climate, annual rainfall over two metres whilst also benefitting from early seasons, a good mix of aspect, with the majority of the farm lying below 450 metres. The farm is ideally positioned as a breeding block to support a finishing operation or expand on the planting projects. The vendors are focusing on other projects and want this property sold. Call to inspect.
Tender (will not be sold prior) Closing 4pm, Thu 7 Mar 2019 17 Napier Road, Havelock North Tony Rasmussen 027 429 2253 tony.rasmussen@bayleys.co.nz Simon Bousfield 027 665 8778 simon.bousfield@bayleys.co.nz
bayleys.co.nz/2851503
EASTERN REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008 MACPHERSON MORICE LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
Taranaki 110 Horoi Road, Eltham
Well presented 150ha dairy Located only seven kilometres east of Eltham the well-presented 150 hectare dairy farm has been developed to high standards and comes with high quality improvements and laneways providing access across the property. Infrastructure includes a 40 a-side HB dairy shed, stand off pad, three implement sheds and two hay / calf sheds. Housing consists of the main five bedroom split level homestead, four bedroom home and two bedroom modern cottage. Laneways are in excellent condition and pastures have undergone a renewal program in conjunction with any on farm development in recent years. Mostly flat with some rolling hill the property on average milks approximately 350 to 360 cows. Close to town, well appointed and presented to a high standard the farm is ready to change hands.
Tender (unless sold prior) Closing 1pm, Thu 21 Feb 2019 15 Courtenay Street, New Plymouth View 11am-12pm Thu 7 Feb & Thu 14 Feb Mark Monckton 021 724 833 mark.monckton@bayleys.co.nz SUCCESS REALTY TARANAKI LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
bayleys.co.nz/2600104
bayleys.co.nz
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farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
FARMERS WEEKLY – February 4, 2019
NEW LISTING
Otorohanga Lees Block Road
Morrinsville 97 Reay and Watson Road
First class facilities
Location and scale
Converted to dairy in 2013, this 114ha (more or less) farm has first class facilities, flat to easy rolling contour and sustainable production. The 40 ASHB shed has meal feeders, automated cup removers and teat sprayer. Average production is 95,247kgMS and the farm is managed under a once a day low input system with 280 cows. Good bore water and consent for 368 cows. The fully lined effluent pond has an estimated 120 day capacity. The hard work of conversion and establishment is now over and the farm is primed for the next exciting stage of its evolution. The current owners have already bought elsewhere and are committed to moving on!
bayleys.co.nz/2310225
Auction (unless sold prior) 11am, Thu 21 Feb 2019 96 Ulster Street, Hamilton View 11am-12pm Tue 5 Feb Sharon Evans AREINZ 027 235 4771 sharon.evans@bayleys.co.nz Stuart Gudsell AREINZ 021 951 737 stuart.gudsell@bayleys.co.nz SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
Located between Hamilton and Morrinsville is this 128ha (more or less) dairy unit. The property has been conservatively farmed with a three year production average of 122,555ms from 350 cows. This well set up unit has a 40ASHB with ACR’s and in-shed meal feeding system. Very good well-formed races feed out to 60 paddocks. The water system comprises a bore with submersible pumped through a filtration system and pressure reticulated to the shed and farm. A second bore provides for domestic use. Excellent shedding is mostly at the working hub. There are three dwellings with the main being a three bedroom brick home with double garage. Excellent set-up, a very easy to manage contour, size and location make for a great buying opportunity.
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Auction (unless sold prior) 11am, Thu 7 Mar 2019 96 Ulster Street, Hamilton View 12-1pm Thu 7 Feb Mike Fraser-Jones 027 475 9680 mike.fraserjones@bayleys.co.nz SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008
bayleys.co.nz/2310249
Accelerating success.
Reach more people - better results faster.
colliers.co.nz
RURAL & COMMERCIAL rural@pb.co.nz 0800 FOR LAND
Property Brokers Limited Licensed under the Real Estate Agents Act 2008
Tuscan Hills - 1186 ha
TENDER WEB ID PR65383
PAHIATUA 1501 Pahiatua - Pongoroa Road Large scale breeding and finishing, Tuscan Hills is renowned for producing quality stock to the market. Just 15km's east of Pahiatua and SH 2, Tuscan Hills is centrally located to the Manawatu, Wairarapa and Hawkes Bay markets. Carrying over 8500 quality su on an effective area of 1020 ha with the remaining area being a mix of Manuka scrub and native bush. This well fertilised medium to steeper hill country property is well subdivided into 50+ main paddocks with excellent tracking and laneways providing access and ease of stock movement. Two woolsheds (1 x 6, 1 x 4 stands)
with covered yards at each end of the property are complemented by two sets of cattle yards, 8 sets of satellite sheep yards and airstrip providing an excellent level of farming infrastructure. Three homes provide ample accommodation with the homestead featuring 4 bedrooms and set in mature grounds. Tuscan Hills has been faithfully farmed for the last 35+ years and is ready to be passed on to the incoming purchaser.
TENDER closes Thursday 28th February, 2019 at 2.00pm, to be submitted to Property Brokers Limited, 129 Main Street Pahiatua
Jared Brock
Mobile 027 449 5496 Office 06 376 4823 Home 06 376 6341 jared@pb.co.nz
John Arends
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Jewel in the crown - 246.58 ha
TENDER
WEB ID BC63102
Investments of this calibre rarely come to the market. Located on one of the city’s busiest streets, this high-profile modern building offers investors a rare opportunity to purchase a fully tenanted iconic Palmerston North property. • New modern building with latest technology • $382,077 net rental • Seismic rating of 100% NBS • 24 car parks • Fully tenanted with 4 tenants on new leases • LIM report and Valuation available upon request
pb.co.nz
VIEW By Appointment
Mobile 027 444 7380 Office 06 376 4364 johna@pb.co.nz
Rare opportunity
TERRACE END
TENDER
DEADLINE SALE
TENDER View By Appointment TENDER closes Thursday 14th March, 2019 at 4.00pm, Property Brokers Limited, 240 Broadway Avenue, Palmerston North
Kevin Carian
Mobile 027 430 4045 kevin.carian@pb.co.nz
WEB ID AR66066 WINCHMORE 670 Dromore Methven Road View By Appointment DEADLINE SALE closes Friday 1st March, 2019 at 4.00pm, Winchmore Research Station is an iconic property (unless sold prior) formerly known worldwide as the centre of irrigation research in New Zealand. New centre pivot and lateral move spray irrigation with low cost pressurised supply. Quality cattle yards and 4 stand woolshed with covered Paul Cunneen yards ideal for stock finishing. Four staff houses and ex Mobile 0274 323 382 Office 03 307 9190 research complex. Also available as; Home 03 302 6751 •174 ha ex Research Station paulc@pb.co.nz •72 ha irrigated bareland. Currently leased until end of harvest 2019.
DEADLINE SALE
Toby O'Donnell
Mobile 027 322 6256 Office 03 307 9176 toby@pb.co.nz
07 883 1195 Roto-O-Rangi - 350 Parklands Road $2,350,000 + GST (if any)
Economic Grazing Block This very tidy and well set up 38 hectare property has a sort-after location set midway between Te Awamutu and Cambridge in the heart of the Waikato: A farm-holding of this class and versatility rarely comes to the market - you could
mix and match your livestock classes, grow maize or a supplementary feed crop
Perfect as a standalone farm or a run off for a larger farming unit Mairoa ash soils on this property show the benefit of regular fertilizer application;
the Olsen P levels are very high, averaging 79 and N leaching of 44 in the 2014/2015 year has been verified by independent farm consultants
Improvements on this established flat to rolling contoured farm are of a good
standard - these include a tidy three bedroom, weatherboard home, a dairy shed that is used as a calf rearing shed and extensive cattle handling yards plus load out race
All this is supported by modern infrastructure - excellent fencing and a water
system reticulating to troughs in all paddocks
Barberry hedging also provides some extra subdivision and shelter The access throughout is provided by well-formed laneways The boundary and laneway fencing is seven wire post and batten while the
internal fencing varies from two to four wire electric
The property has been farming bulls and calves on a trading system
Full services are available in the well-established towns of Te Awamutu (15 kilometres) and Cambridge (20 kilometres)
Call Steve or David for more information.
OPEN FARM Thursday 7 February from 11.00am to 11.45am
Steve Mathis
David McGuire
027 481 9060
027 472 2572
Watch our video
Web ID:
https://youtu.be/k6fIsWg6XDA
RAL647
www.ruralandlifestylesales.com
Real Estate
FARMERS WEEKLY – February 4, 2019
farmersweekly.co.nz/realestate 0800 85 25 80
PUKEKAKA STATION - 1,103 HECTARES OF HIGHLY DEVELOPED, QUALITY HILL COUNTRY 919 Pukeokahu Road, Taihape
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1,103 hectares Tender nzr.nz/RX1734212
Re-investment over a long period of time is clearly evident at Pukekaka, making it one of the best presented hill country farms we have been involved with. Strong country, a significant portion is medium hill with around 100 hectares of flat to undulating country that is regularly cultivated. With a 6 km Rangitikei River boundary, in the main free draining ash soils overlay a papa base, with a strong fertiliser history. Stock water is a mix of local scheme, natural and tapped springs. The standard of fencing overall is of a high standard, with many new fences, all conventional other than a 80 hectare deer block. Access is excellent with very good tracks and various laneways radiating from the central stock handling facilities, although the property is also well served with 4 sets of quality satellite yards. Other recent capital injections include a woolshed upgrade with covered yards and lots of concrete added, alterations to the spacious 1980’s main home with great garaging, sheds and outlook. Impressive results from the 10,000su forward store operation has seen the last 5 years lambing averaging 150%, with the Wairere bred lambs leaving the farm at 35-38kg average (incl. over 2,000 killed last year) and cattle at 18 months. The well bred stock is well regarded and sought after. Video on website. Tender closes 11am, Thu 14 Feb 2019, NZR, 20 Kimbolton Road, Feilding.
Jamie Proude AREINZ 027 448 5162 | 06 385 4789 jamie@nzr.nz Peter Barnett AREINZ 027 482 6835 | 06 323 4434 peter@nzr.nz NZR Limited | Licensed REAA 2008
06 323 3363 Farm & Lifestyle Massey-Side Finishing Farm
AUCTION
559 Tennent Drive, Linton, Manawatu Farms of this scale within 7km of the Palmerston North CBD rarely come to the market - also just a couple of kilometres to Massey University and the Fonterra Research Centre. Of the 106ha around 90 hectares is flat; centrally-laned for easy access. Over 21.4km of Novaflo drains have been installed since 2013. Excellent near new cattle yards with good off-road hardstand parking. The majority of the pasture has been renewed over the past five years. Used for beef production and dairy heifer grazing, carrying over 450 head of mixed age cattle. Town water supply reticulated to troughs. Attractive building sites and in this prime location it will be difficult to over-capitalise.
OPEN FARM - Thursday 7 February from 1.00pm to 2.00pm To be sold by AUCTION at 11.00am Thursday 28 February 2019 at our office. Robert Dabb Richard Anderson
027 255 3992 027 543 1610
Web ID: RAL636
www.ruralandlifestylesales.com
101.38 ha- approx.-
Walton 404 Paratu Road West Available For A Strictly Limited Time Auction 1pm, Thursday 28th February 2019 (unless sold prior) View Thursday 7th, 14th and 21st February, 11-12pm www.ljhooker.co.nz/ F6QHR1 ljhooker.co.nz/F6QHR1
Peter Begovich 027 476 5787 Rex Butterworth 021 348 276
Chances are you´ll only get one shot at owning this 101ha dairy farm in the popular Walton district. A reliable, solid performer, quality improvements and easy gentle rolling contour in two titles with a great location. Attractive 4 bedroom main home, fully renovated with an in-ground pool. The second home has also benefited from a remodel. A modern 30 ASHB takes pride of place amongst plenty of good quality support buildings, in-keeping with the rest of the properties high standards.
Link Realty Limited
Link Realty Limited Licensed REAA 2008. All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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farmersweekly.co.nz/realestate 0800 85 25 80
Real Estate
FARMERS WEEKLY – February 4, 2019
230 COW O.A.D. 219 HA North Bank Maruia Approx 120ha effective with further 15ha rough grazing. Production to 90,336kgs MS 230 cows O.A.D. 30 aside Cow shed built in 2013 with ACR’s. 6 bay multi-purpose shed and hay barn. Three bedroom renovated cottage, large open plan living plus a three bedroom permanent material cottage. Current My-Milk supplier. Available Going Concern. For Sale by Deadline Private Treaty Closing 7th March 2019 unless sold prior. Web Ref GDR3318553
Greg Daly AREINZ Mobile 027 478 3594 or A/H 03 762 6463 LK0096239©
www.gregdalyrealestate.co.nz Real Estate Agent REAA 2008
RURAL | LIFESTYLE | RESIDENTIAL PGG Wrightson Real Estate Limited, licensed under REAA 2008
RURAL | LIFESTYLE | RESIDENTIAL
AUCTION
TE KUITI, WAITOMO
328 Waitomo Caves Road
Great Location - 200 Cows Milked • • •
84ha from river flats to Mairoa ash easy hill 32 ASHB - 212m² shed with 4.5m access. Six bedroom brick home and numerous farm buildings 10 year production average is 64,115kg MS, entire farm has been regrassed in the last 10 years
AUCTION (Unless Sold Prior) 11am, Friday 22 Feb Panorama Motor Inn, Awakino Road, Te Kuiti VIEW 11-12pm, Tues 5 & 12 Feb
Peter Wylie M 027 473 5855 | B 07 878 0265 E pwylie@pggwrightson.co.nz
pggwre.co.nz/TEK29587
THE DESTINATION FOR RURAL REAL ESTATE
Land is the biggest asset to any farming business so it pays to stay up to date with the market. Connect with the right audience at
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GALATEA, BOP 592 Troutbeck Road A Serious Consideration • • • • • •
All flat gently sloping land totalling 86.3498ha Best production of 100,292kgMS -2015/16 season with herd wintered on farm Three year average production - 96,569kgMS One person milks 220 cows through a 28 bail rotary with MCR's Spacious four bedroom family home plus one bedroom cottage Multiple support buildings including 1/2 round barn, 4-bay implement shed and 2-bay barn
PRICE BY NEGOTIATION Plus GST (if any)
VIEW By Appointment Only
Phil Goldsmith M 027 494 1844 | B 07 307 1620 E pgoldsmith@pggwrightson.co.nz
pggwre.co.nz/WHK29695 PGG Wrightson Real Estate Limited, licensed under REAA 2008
Helping grow the country
RURAL | LIFESTYLE | RESIDENTIAL
OPEN DAY
TE ANGA, WAITOMO 2856 Te Anga Road
DEADLINE PRIVATE TREATY (Unless Sold Prior) Closes 4.00pm, Friday 15 March
VIEW 11.00-1.00pm, Tuesday 12, 19, 26 February
Waitini - Breeding Finishing Unit • •
• •
519ha, approximately 470ha effective. Contour goes from easy to medium to steeper hill Livestock wintered 2018 - 209 big Angus cows, 590 in lamb ewes, 844 in lamb hoggets, 101 rising 1yr cattle, 8 bulls, 500 extra lambs brought in and finished Three bedroom house, four stand wool shed with covered yards and two implement sheds Approximately 160 hectares has reticulated water and the balance is ample natural water
•
Waitini has size, contour, water, rainfall and ample ability to increase stock capacity
Peter Wylie M 027 473 5855 | B 07 878 0265 E pwylie@pggwrightson.co.nz
pggwre.co.nz/TEK29668
TENDER
WHAKATANE, BOP 682 Thornton Road
TENDER Plus GST (if any)
Good Summer Location
VIEW By Appointment Only
• • • • • •
All flat - approx. 63 hectares STT due to Reid Central Canal upgrade - titles are being re-issued Four-year production average 74,648kgMS, milking 210 cows 20 ASHB, calf rearing and storage sheds, half round barn Newly commissioned above ground Kliptank effluent system Three bedroom open plan home, four bedroom family home is also available by separate tender Lease land support blocks in close proximity are available by negotiation
•
(Unless Sold By Private Treaty) Closes 4.00pm, Thursday 28 February
Only 12.6km to Whakatane and only 2.5km to Thornton Beach and boat ramp for fishing and white baiting
Phil Goldsmith M 027 494 1844 | B 07 307 1620 E pgoldsmith@pggwrightson.co.nz
pggwre.co.nz/WHK29701 PGG Wrightson Real Estate Limited, licensed under REAA 2008
Helping grow the country