S P R I N G 2 017 | www.pggwre.co.nz
Our Offices For specialist knowledge on buying and selling real estate throughout New Zealand, contact your local PGG Wrightson Real Estate branch.
North Island Kerikeri Whangarei Dargaville Pukekohe Wellsford Hamilton Matamata Te Kuiti Thames Morrinsville Cambridge Te Awamutu Putaruru Tauranga Rotorua Waihi Katikati Te Puke Whakatane Taupo Hastings Waipukurau Wairoa Feilding Whanganui Levin Taihape Marton Hawera Dannevirke Masterton
South Island 09 407 4832 09 470 2522 09 439 3342 09 237 2014 09 470 2522 07 858 5338 07 888 4572 07 878 0265 07 867 9582 07 889 0171 07 823 0647 07 870 6219 07 882 1485 07 571 5795 07 349 5486 07 863 6589 07 571 5795 07 571 5795 07 349 5486 07 377 8928 06 878 3156 06 858 6073 06 838 8059 06 323 0076 06 349 2000 06 367 0820 06 323 0076 06 323 0076 06 349 2000 06 374 4630 06 370 1866
Nelson Blenheim Greymouth Rangiora Christchurch Ashburton Timaru Geraldine Fairlie Oamaru Cromwell Alexandra Dunedin Mosgiel Balclutha Te Anau Gore Invercargill
03 543 8590 03 578 3019 03 768 1222 03 313 0610 03 341 4301 03 307 8700 03 687 7330 03 687 7330 03 685 9092 03 433 1340 03 445 3735 03 440 2380 03 470 0317 03 470 0317 03 418 1381 03 249 8611 03 209 0300 03 211 3130
Northland Bay of Plenty/South Waikato/Central Plateau Waikato
Hawke’s Bay/ Manawatu/Wairarapa
Nelson/Marlborough Canterbury/West Coast
Mid/South Canterbury
North Otago
PGG Wrightson Real Estate office locations (Store placement and regional lines are an indication only - map details are not to scale.) PGG Wrightson Real Estate sub-office
Otago/Central Otago
Southland
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Top Rural Salespeople Awards
Celebrating Excellence in 2016-17
1st 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
Unit Sales Total Revenue
Stan Robb | Tauranga Office Peter Wylie | Te Kuiti Office Andrew Patterson | Invercargill Office Scott Tapp | Wellsford Office Andrew Fowler | Tauranga Office Peter Crean | Christchurch Office Jason Rutter | Dunedin Office Stewart Rutter | Dunedin Office Doug H Smith | Hastings Office Phil Goldsmith | Rotorua Office
Top Rural Region | Bay of Plenty
Super Supreme Award Winner | Total Revenue Stan Robb | Tauranga Office
Total Overall Unit Sales Sandra Macnamara | Te Anau Office
Rookie of the Year
Top Lifestyle Salespeople Awards 1st 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
Unit Sales
Richard Thomson | Hamilton Office
Total Revenue
Andrew Fowler | Tauranga Office Scott Borland | Cambridge Office Martin Lee | Cambridge Office
Richard Thomson | Hamilton Office Ann Holt | Whangarei Office Russell Thomas | Hamilton Office Jo Priebee | Alexandra Office Neale Grubb | Hamilton Office Min Cookson | Christchurch Office Doug Harvey | Waipukurau Office
Greg Lyons | Blenheim Office
Top Lifestyle Region | Waikato
Top Residential Salespeople Awards
Excellence in VPA Andrew Fowler | Tauranga Office
Excellence in Auctions Scott Borland | Cambridge Office
Marketing Excellence Dave McLaren & Scott Cameron | Tauranga Office
Top Administrator of the year Award
1st 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th
Unit Sales Total Revenue
Sandra Macnamara | Te Anau Office Jo Priebee | Alexandra Office Dave Becker | Greymouth Office
Kelvin Moylan | Invercargill Office Wendy Matutinovich | Waihi Office Nick Rattanong | Rangiora Office Pam Forrester | Dunedin Office Viv Smith | Dargaville Office Jo Nieper | Cromwell Office Neil Bulling | Cromwell Office
Top Residential Region | Southland At the 2017 REINZ Awards, two of our regions won the award for highest sales revenue. Congratulations to our winning regions on these prestigious awards.
Joss Hall & Delwyn Lake | Tauranga Office
Top Region by EBITDA | Bay of Plenty www.pggwre.co.nz
PGG Wrightson Real Estate Limited, licensed under REAA 2008
Tauranga
Cambridge
Dunedin
Helping grow the country
The best farms are best promoted on their own $1400 full page in NZFarmer... †
Every farmer,* every week — and an independently surveyed readership of 126,000.**
Talk to your PGG Wrightson Real Estate Agent about showcasing your property in NZFarmer today. Alternatively, contact Michelle Wilson on 027 809 5024
* NZPost Rural Delivery to 76,500 farm income-dependent households (nationwide). ** Nielsen CMI Fused Q3 16 – Q2 17. Base: All people 15+ † Price excludes GST. Spring special rates effective 1 Sept – 31st Dec 2017 within NZFarmer’s real estate section only. Additional terms and conditions apply.
Family moving on from South Wairarapa legacy farm Although Nigel Tosswill was a townie from Lower Hutt, he grew up with a passion for farming. Working for AMP as a rural valuer, he developed a broad understanding of farming investment and opportunities. In lending to farmers, AMP was second only to State Advances, which later became the Rural Bank.
Through his job, Nigel travelled rural New Zealand, picking up on the most interesting agricultural innovations of the time. When he decided to go into farm ownership for himself, which he did in partnership with his cousin, Rex, what he focused on was potential, rather than the more obvious characteristics of a property. His son, Bob, takes up the story.
“They found a Wairarapa property (then known as Muttonhole Main near Greytown) that, by the standards of the time, appeared to be impossible to farm. It had been cultivated and cropped after the war, which had taken all the fertility out of the light topsoil. By the time he looked at it, the stony land was overrun by gorse and rabbits. It was virtually written off.
10 New Zealand’s leading rural real estate company
“Based on what he had witnessed elsewhere in the country though, Dad knew different and could see how to transform the property,” says Bob. Nigel and Rex, along with wives Eleanor and Audrey, took the gamble and got stuck in. Nigel carried on working off the farm and Rex set to work on a major development programme, fencing and clearing.
“At the time, farmers knew how to farm the hills, where the main challenge was scrub and manuka, which they could deal with. However, they couldn’t manage the gorse on the plains, which on this farm was 10 feet high. It was so high they had to climb trees to see over it and confirm their bearings about the property. Dad had observed the advent of 245-T gorse spray, and that was the catalyst. A rabbit-proof ring-fence was the first job to confine the rabbits before shooting, trapping and poisoning them. “He also knew that the key to pasture establishment on light soil was consolidation. They converted an old ship’s boiler into a huge 18 ton water-filled roller, and bought a large Reid & Gray plough to work the light stony soil. An Allis-Chalmers HD5 provided the grunt to plough, level, roll and sow. For a townie, Dad saw things clearly,” says Bob. Although the plan was simple, its execution was long and demanding. “It was a big ask. They were the last of a pioneer generation in a way. My parents travelled over the Rimutakas from Wellington every weekend for 10 years to do their share and, although they managed to tame the gorse, the rabbits were another matter. Unlike Dad, my mother had a rural background, being a Rangitikei farmer’s daughter. Family legend claims that she shot 120 rabbits from the veranda of the bach in one weekend,” says Bob. Nigel had observed plenty of good farming practice through his AMP role, rising to head the farm lending department, and was an early adopter of rotational grazing, direct-drilling and self-fed silage to both cattle and sheep. In 1962, Nigel and Eleanor bought out cousin Rex, renamed the property
Allandale after a family connection in North Canterbury, and farmed with several managers until 1976, when Bob and wife, Jenny, took over in their turn. As sheep and beef fortunes waned with declining product prices, droughts and Rogernomics, the next 20 years saw many changes. Bull beef led towards dairy-related options, culminating in several years rearing over 500 calves on cows and heifers, and then on-selling the in-milk cows into the expanding South Island dairy scene. Jenny recalls this as a challenging and never-to-be-forgotten experience. “Not recommended unless you have good staff and a strong marriage. Broken ribs from an uncooperative cow was a highlight,” she says. Allandale became the economic base for Bob and Jenny to raise the next generation of Tosswills, sons Richard and Michael, and daughter Caroline. When first Richard then Michael decided they wanted to farm, that became another transformation point for the property. “As both boys were keen on hill country farming, we decided that the family’s tenure at Allandale had an end point. That decision was around 15 years ago. We have been in a succession planning process since. My father settled his sons into farming. Our challenge was to achieve the same for the next generation,” says Bob. Their objective was to maximise the economic performance of the farm, which they decided was best done by converting it into a specialised dairy support unit. After looking at successful support systems in the South Island, they started development. “We started from scratch, re-fencing and re-grassing the farm to set it up for dairy support with new lanes and water supply. Where previously, we were growing
Helping grow the country 11
31,600 Gardens 37,200 Homes 1 Location
With the most properties from every real estate brand in the country
REA0230_Spring
all in one location, we’re the largest home of real estate in New Zealand.
Statistical figures correct as at 1 June 2016, and intended to be indicative only.
Dairy farmers grow the best grass.
They also grow the best calves for IHC. Thanks – from Charlie and everyone at IHC. Since 1984, dairy farmers have donated more than $30 million worth of calves to support people with intellectual disabilities.
Freephone 0800 10 22 76 www.pggwrightson.co.nz
Helping grow the country
Galatea properties for sale:
$2.35M
677a Kopuriki Road
Plus GST (if any)
• 15 ASHB dairy, built to fit 20 cups, 200 cow yard capacity • Best production: 51,607kg MS 2015/16 season, rearing 30 calves • 180 cows milking, herd wintered on farm • All young stock grazed on farm all season • System One - all grass production
pggwre.co.nz/WHK26791
120 Mangamate Road With a winter milk contract secured, this property has the ability to maximize your investment with the benefits such a contract offers. With the vendor exiting the industry, the herd, along with the plant and machinery, is on offer. This property will be an appealing proposition to add to an existing spring calving operation or make it your first farm with the benefits an autumn calving operation will bring you.
$3.195M
Plus GST (if any)
pggwre.co.nz/WHK26781
436 Haumea Road
PBN
• 40 ASHB dairy, 440 cow yard
Plus GST (if any)
• P roduction average over three years 142,500kg MS milking 400 cows - all cows wintered on farm • 58ha with K-Line irrigation, 28ha in lucerne • Great support buildings, including 3-bay and 5-bay lock-up • Three good farm homes, one newly built
pggwre.co.nz/WHK26798
For information on any of the above properties, contact: Phil Goldsmith M 027 494 1844 | E pgoldsmith@pggwrightson.co.nz
Helping grow the country
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North Island This spring’s North Island farm listings should attract plenty of activity throughout many regions. Various Wellsford dairy properties will pique the interest of prospective purchasers. As one of Waikato’s most sought-after farming locales, Morrinsville’s dairy and cropping listings will be carefully scrutinised by buyers. A handful of Te Kuiti dairy and finishing farms will likely attract attention from buyers motivated to expand their holdings. Landmark Hawke’s Bay property, Olrig Station is an 848 hectare Maraekakaho sheep and beef farm listed for sale for the first time since 1859, going to auction in November. Meanwhile, similarly coveted 394 hectare Allandale is one of Wairarapa’s largest flat contoured farms and also carries a long family legacy. It is for sale by tender, with offers invited in early November.
Helping grow the country
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Dargaville, Northland
Appealing Dairy Farm
$2.4M
110 hectares with 55 hectares fertile flats, balance rolling, 19 ASHB shed, Alpha plant, molasses lick balls in shed. Four bay calf shed, three bay shed plus work shop. Covered PK bunker, four bores for water. Kaipara clay flats, Te Kopuru sand and peat soils. Four bedroom home, two carports. Three kilometres to Dargaville township. 103,518kg MS.
Plus GST (if any)
Vendor is looking to relocate so the opportunity to purchase this well set up dairy farm with excellent location and contour.
Megan Browning B 09 439 3344 | M 027 668 8468 | H 09 439 4457
24 New Zealand's leading rural real estate company
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www.pggwre.co.nz/DAG24489
Te Arai / Mangawhai
Ideally Located Mangawhai Dairy Unit
Sale By Set Date
130.82ha predominantly flat to easy contour. 30 ASHB cowshed with 330 cow yard. Good raceways with excellent soil types and fertility. Two bores onsite. Concrete feed pad with two concrete bunkers. The property consists of two homes, the main home being a tidy four bedroom, two storey home with recently renovated kitchen, second dwelling built in 2013, and is a tidy modern three bedroom home. This impressive dairy unit is located in the very popular Te Arai area with Mangawhai Village only 5km away. 42.3ha support property also available for purchase with dairy farm, located within 4km.
Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday, 23 November 4
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www.pggwre.co.nz/WEL26255
Scott Tapp B 09 423 9717 | M 021 418 161 | H 09 425 8161
Helping grow the country 25
Kaiwaka / Mangawhai
Large Dairy Investment Handy to Mangawhai
Sale By Set Date
305ha in six titles ideally located between Mangawhai and Kaiwaka. Contour a mix of flat to rolling with elevated areas, distant sea views. 34 ASHB, PPP in-shed feeders, good support buildings, best production of 181,000kgMS from 475 cows. Four bedroom main home, two additional homes with sleep-out. This impressive unit is predominantly north facing with the majority of the dairy platform located in a sheltered valley. Well maintained and developed for a number of years, excellent infrastructure and housing. Mangawhai and Te Arai beaches a short drive away. This block should tick all the boxes.
Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday, 16 November
Scott Tapp B 09 423 9717 | M 021 418 161 | H 09 425 8161
26 New Zealand's leading rural real estate company
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www.pggwre.co.nz/WEL26594
Tapora, Rodney District
Large Dairy Farm in Advancing Horticultural Area
$5.95M
201ha of predominantly flat to easy contour in two titles, 60 bail rotary cowshed, 600 cow yard, adjacent 350 cow feed pad, support sheds, calf rearing facilities, significant water infrastructure and reliable supply, two tidy three bedroom homes, significant area for avocados. Three adjoining titles, one with house and bore, second with three bedroom house, third bare block, all with sandy loam soil types suitable for avocados or dairy. Going concern option available with entire land holding of 301ha in five titles, 117ha identified as potential avocado land.
Plus GST (if any)
www.pggwre.co.nz/WEL26632
Scott Tapp B 09 423 9717 | M 021 418 161 | H 09 425 8161
Helping grow the country 27
Helensville, Auckland Region
Harbour Side Dairy Unit
Tender
118.51 ha, north facing in two titles. Contour is a mix of flat to easy rolling, with huge harbour views. 22 aside herringbone cowshed, modern four bay shed, support buildings with best production of 96,000kgMS. Four bedroom main home, second is a three bedroom home. This ideally located unit is only 20km from Helensville and handy to Auckland City. The South Head golf course is a short walk down the road, with Shelly Beach a short drive away. Continue to dairy or change to a quality grazing or finishing block in an impressive location.
Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Thursday, 23 November PGG Wrightson Real Estate, 2 Port Albert Road, Wellsford 4
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www.pggwre.co.nz/WEL26753 Scott Tapp B 09 423 9717 | M 021 418 161 | H 09 425 8161
28 New Zealand's leading rural real estate company
Rotongaro, Waikato
Dairy Farm with Potential to Grow
$3.4M
108 hectares of flat to easy rolling contour positioned just 6km north west of Huntly. The property is well raced to a 22 aside dairy from 61 paddocks. A 270 cow concrete feed pad is adjacent to the dairy with attached feed bunker. The bungalow house has four bedrooms and has been completely modernised throughout. There is also a one bedroom sleep-out. A tidy farm ready for someone to take to the next level.
Plus GST (if any) 4
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www.pggwre.co.nz/PUK24310
Adrian van Mil B 09 237 2041 | M 027 473 3632
Helping grow the country 29
Onewhero, Waikato
Hill Farm
Price by Negotiation
This 342ha historical sheep and beef farm has been owned by the same family for two generations and is now in need of a new generation to add value. Farm improvements include wool shed with 330 night pen under cover; four bay implement shed; Dutch barn plus two other barns; cattle and sheep yards with loading race; three stand shearing plant and wool press; Airstrip with uncovered fertilizer bin. A cosy four bedroom Huntly brick home supports the property offering a separate lounge and dining room and a Kent fire box for heating.
Plus GST (if any)
Adrian van Mil B 09 237 2041 | M 027 473 3632
30 New Zealand's leading rural real estate company
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www.pggwre.co.nz/PUK26598
Te Aroha, Waikato
Industrial Building In Te Aroha
$400,000
This very well presented land and building package, zoned industrial, is situated in Rewi Street, Te Aroha. The building features include front showroom, office and workshop with three roller door access. There is another three bay steel frame shed with three roller doors. To be sold as vacant possession.
Plus GST (if any)
www.pggwre.co.nz/MOR26792
Allister Coombe B 07 889 0167 | M 027 507 7622
Komata, Waikato
Self-Contained Dairy Unit
Price by Negotiation
At the entrance to Maratoto Valley is this 141ha (STS) dairy unit, supplying OCD. 50ha flat to gentle rolling and 91ha medium hill. Infrastructure includes a four year old 30 ASHB shed with second hand plant, compliant effluent system, three bay shed, three bay calf shed, four hay barns, two lockable sheds, disused cowshed and a three bedroom cottage. An 83ha run-off can be added to this property.
Plus GST (if any)
www.pggwre.co.nz/MOR25634
Allister Coombe B 07 889 0167 | M 027 507 7622
Helping grow the country 31
Komata, Waikato
Lifestyle or Grazing
Price by Negotiation
Situated eight kilometres north of Paeroa is this 83 hectare (STS) elevated rolling hill block. There is six hectares of pines currently being milled, this will be replanted. Subdivided into 21 paddocks currently run in conjunction with a dairy farm carrying young stock. A two bay shed, cattle yards and load race complete the package. Call Allister to arrange a viewing.
Plus GST (if any)
www.pggwre.co.nz/MOR26335
Allister Coombe B 07 889 0167 | M 027 507 7622
Te Aroha, Waikato
95 Hectare Dairy Unit
Price by Negotiation
Situated 4km (approx.) south of Te Aroha is this 95 hectare dairy unit. Currently supplying OCD with production to 60,000kg MS milking 220 cows. Supplement made on farm, 100 large hay bales and 100 large silage bales. An older 23 ASHB shed with in shed feed system. Infrastructure consists of a seven bay barn, seven bay lean-to, two bay barn, an older wool shed and a three bedroom home.
Plus GST (if any)
Allister Coombe B 07 889 0167 | M 027 507 7622
32 New Zealand's leading rural real estate company
www.pggwre.co.nz/MOR26613
Huntly, Waikato
Affordable First Farm Opportunity 83.8 hectares of mostly easy rolling contour with 85 - 90% mowable 20 ASHB shed, workshop, implement shed and two half round barns Modern, compliant weeping wall effluent system and a dual race layout Older four bedroom home, or alternatively there's a fantastic building site with views on the second title Great starter farm or convert to equine / grazing / lifestyle. Handy to Hamilton (32km approx)
John Sisley
Jo Dennis
B 07 858 5302 | M 027 475 9808
B 07 858 5323 | M 027 657 3310
$2.85M Plus GST (if any)
www.pggwre.co.nz/HAM26557
Helping grow the country 33
Ngutunui, Waikato
Dairy Farm with Appeal and Location 157 hectare rolling, West of Te Awamutu 130 hectare milking platform - gully area retired and planted. 31 ASHB, good shedding, well fenced, raced and watered Good infrastructure - near new four bedroom main home, tidy second home Ash soils, reliable summer rainfall region Consistent production under a low input system. Up to 110,000 Contact the agent for open day details and further information
John Sisley B 07 858 5302 | M 027 475 9808 | H 07 843 5360
34 New Zealand's leading rural real estate company
Auction Plus GST (if any) (Unless Sold Prior) 11.00am, Wednesday, 29 November PGG Wrightson Real Estate Ltd, 87 Duke St, Cambridge
www.pggwre.co.nz/HAM26767
Otorohanga, Waikato
Self Contained Dairy Unit 170.9229ha, more or less, flat to rolling with some steeper sidling Approximately 110ha dairy platform, 30ha dry stock, balance is bush Milking 300 cows, all replacements and extras wintered on 27 ASHB with with feeders and numerous farm buildings, three dwellings
$5.1M Plus GST (if any)
www.pggwre.co.nz/TEK25241
Peter Wylie B 07 878 0265 | M 027 473 5855 | H 0800 735 578
Arohena, Waikato
Kenlea Farm - 289 Hectares Flat to rolling contour, medium hill with some steeper sidlings, approx 260ha effective Cattle grazing, extensive supplements made and sold off Three bedroom plus office homestead built in 2002, three bedroom workers house, four stand wool shed, covered yards, implement shed and workshop
$4.395M Plus GST (if any)
www.pggwre.co.nz/TEK25653
Peter Wylie B 07 878 0265 | M 027 473 5855 | H 0800 735 578
Helping grow the country 35
Taumarunui, King Country
436 ha Dairy Farm/Adjoining Drystock Platform 297ha dairy platform, 46 ASHB nine years old, contour ranges from undulating to medium steep hill, 139ha drystock platform is medium to steep hill 650 cows milked OAD, also running 100 empty cows, 182 R2s, 160 R1s and 30 MA Arabian horses Farm infrastructure is presented to a high standard
$6.5M Plus GST (if any)
www.pggwre.co.nz/TEK26737
Peter Wylie B 07 878 0265 | M 027 473 5855 | H 0800 735 578
Otorohanga, Waikato
Well Located Dairy Farm
$4.25M
• 146 hectares - subject to survey, 137ha effective • 40 ASHB, 360 cow feed pad, 150 tonne maize bunker • Three bay implement shed, three bay calf shed, five bay shed • Major cropping, drainage, fencing has been down over the last three years • Predominantly flat to rolling contour with some steeper sidlings
Plus GST (if any)
Peter Wylie B 07 878 0265 | M 027 473 5855 | H 0800 735 578
36 New Zealand's leading rural real estate company
www.pggwre.co.nz/TEK26751
Taumarunui, King Country
Ongarue Station - 683.8656 hectares Excellent opportunity to purchase a top performing farm with contour mix and infrastructure that will be sure to please Contour mix allows for maize, supplement making, dairy graziers, breeding herd and ewe flock for hills 2x4 stand covered wool sheds, main homestead is four bedroom with adjoining two bedrooms (self contained unit) while managers house is a quality three bedroom home
Tender Plus GST (if any) (Unless Sold By Private Treaty) Closes 3.00pm, Monday, 27 November PGGWRE, Rora Street, Te Kuiti
www.pggwre.co.nz/TEK26769
Peter Wylie B 07 878 0265 | M 027 473 5855 | H 0800 735 578
Helping grow the country 37
Te Puke, Bay of Plenty
Kaituna Dairy Lands
Auction
Comprising 134.3 hectares in three titles, 30 ASHB shed with in-shed feeder system fed from two silos. Large concrete stand-off pad and Kliptank effluent tank. Superior, totally renovated, four bedroom main home plus second four bedroom house with sleep-out and multiple outbuildings. Flat contour currently milking 400 cows makes for a highly desirable farm centrally located in the Western Bay of Plenty close to Tauranga, Mt Maunganui and Rotorua. Email or call for a full Information Memorandum: dmclaren@pggwrightson.co.nz
Plus GST (if any) (Unless Sold Prior) 11.00am, Wednesday, 8 November Paengaroa Community Hall Paengaroa 4
www.pggwre.co.nz/TEP26691 David McLaren
Scott Cameron
B 07 573 5888 | M 027 223 3366
B 07 573 0244 | M 027 455 5768
38 New Zealand's leading rural real estate company
Paengaroa, Bay of Plenty
When Only the Best Will Do 3.54 canopy hectares G3 Gold Kiwifruit situated in the bays premier growing location Double planted narrow spacing pergola structures Deep bore water supply for frost protection and irrigation Situated at the optimum height above sea level When you enter the tree lined driveway you will know you're in a quality orchard Stan Robb
Chris Robb
B 07 573 0244 | M 027 473 9322
B 07 573 0244 | M 027 473 0043
Tender (Unless Sold Prior) Closes 4pm, Tuesday, 7 November PGG Wrightson Real Estate Limited 7 Jocelyn Street, Te Puke
www.pggwre.co.nz/TEP26772
Paengaroa, Bay of Plenty
Unsurpassed in Quality
Tender
6.75 canopy hectares G3 Gold Kiwifruit developed to the highest of standards This orchard is an award winner, both environmentally and in orchard gate returns Property is netted, strip maled with narrow spacings and perfect pergola structures Computerised irrigation and frost protection system served by 2 x 12 inch bores This quality orchard will impress the most discerning of purchasers Stan Robb
Chris Robb
B 07 573 0244 | M 027 473 9322
B 07 573 0244 | M 027 473 0043
(Unless Sold By Private Treaty) Closes 4.00pm, Tuesday, 7 November PGG Wrightson Real Estate 7 Jocelyn Street, Te Puke
www.pggwre.co.nz/TEP26782
Helping grow the country 39
Pahoia, Bay of Plenty
Elevated Status with Water Frontage
Tender
A sandy foreshore on Tauranga Harbour is bound to tantalize - but it's the view that counts here. A sweeping panorama embracing Matakana Island to sunset glory over the Kaimais - Bowentown Heads and Coromandel in between. Welcome to the domain of Auchenbrain. A prominent estate, this homestead portion is for sale for the first time. The house isn't the main attraction though; the site is the trump card. Around 5ha, including a broad waterfront ribbon and sandy shore. Fertile north facing land, with over 150 avocados of various sizes. Fish, kayak, paddleboard or sail, wow!
(Unless Sold By Private Treaty) Closes 4.00pm, Thursday, 9 November
Andrew Fowler B 07 571 5797 | M 027 275 2244 | H 07 574 8585
40 New Zealand's leading rural real estate company
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www.pggwre.co.nz/TAR26793
Whakatane Surrounds
Prime Finishing - 242.29 Hectares Good contour property with around 15ha suitable for hay or silage Excellent quality weed free pastures and excellent long term fertiliser history Great water supply. Well known for an ideal climate with reliable rainfall All Improvements to a high standard, 250 R2 cattle yard capacity, Technifarm crush and vet gate, three stand shearing shed and sheep yards Central to the nearby dairying areas of Whakatane, Te Puke and Rotorua making dairy grazing an attractive option
Tender Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Wednesday, 8 November
www.pggwre.co.nz/WHK26740
Phil Goldsmith B 07 307 1620 | M 027 494 1844
Helping grow the country 41
Edgecumbe, Bay of Plenty
Fertile Productive Plains 69.4947 Hectares, centrally located on the fertile Rangitaiki Plains 12 ASHB dairy, in-shed feed system, 200 cow yard Production: 87,200kgMS 2015/16, 87,000kgMS 2016/17 Three bay implement shed, two bay implement shed, 1600 bale barn Whey irrigated Three bedroom family home and farm cottage
Phil Goldsmith B 07 307 1620 | M 027 494 1844
42 New Zealand's leading rural real estate company
Tender Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Friday, 17 November 3
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www.pggwre.co.nz/WHK26783
Whakatane Surrounds
Your First Farm - 62.372 Hectares 16ASHB dairy, four bedroom solid family home and good supporting sheds Good standard of improvements, well fenced and raced Known for reliable summer rainfall Rolling contour and scattered trees provide an attractive aspect and natural shelter First farm buyers should not let this property slip by Phil Goldsmith
Tender Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Friday, 10 November PGG Wrightson Real Estate, Whakatane 4
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www.pggwre.co.nz/WHK25491
B 07 307 1620 | M 027 494 1844
Opotiki, Bay of Plenty
Vendor Says Sell - 117.87 Hectares Motivated vendor, wants to retire Milking platform of 69 hectares Production average over last three seasons - 64,103kgMS Milking 200 cows, wintered on farm with own rotten rock quarry 24 ASHB dairy with good standard of improvements Phil Goldsmith
Tender Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Thursday, 30 November PGG Wrightson Real Estate Whakatane 3
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www.pggwre.co.nz/WHK26809
B 07 307 1620 | M 027 494 1844
Helping grow the country 43
Maraekakaho, Hawke's Bay
Iconic Hawke's Bay Station "Olrig Station" 848.3443 hectares (2096 acres) in continuous family ownership since 1859 33km west of Hastings with scale, location, contour plus excellent all-weather access Substantial 1906 homestead on an elevated site in mature setting plus a tennis court Well watered from upgraded reticulated system supplemented by dams and creeks Multiple sheep and cattle yards, seven stand woolshed, two extra homes, numerous sundry buildings. Excellent supply of accessible red metal from two pits A great opportunity to purchase a blue ribbon station offering a range of options
Doug Smith
Paul Harper
B 06 878 3156 | M 027 494 1839
B 06 878 3156 | M 027 494 4854
44 New Zealand's leading rural real estate company
Auction Plus GST (if any) 2.00pm, Friday, 10 November East Pier, Hardinge Road, Napier 5
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www.pggwre.co.nz/HAS26620
Waiwhare, Hawke's Bay
"Brancott" Top Quality Farming Operation 635.7611 hectares (1570 acres) 49km north west of Hastings Summer safe, easy contoured, breeding and finishing block Four stand woolshed, covered yards, three haybarns, implement shed, cattle yards, sundry buildings and fertiliser bin. Good natural and reticulated water Good all-weather laneway. Subdivided into some 111 paddocks, 20 in deer fence Managers home, two cottages and shepherds whare. Brancott is an attractive property in two titles giving scale with options to discerning buyers
Doug Smith
Paul Harper
B 06 878 3156 | M 027 494 1839
B 06 878 3156 | M 027 494 4854
Auction Plus GST (if any) 2.00pm, Thursday, 16 November Havelock North Community Centre 30 Te Mata Road, Havelock North 4
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www.pggwre.co.nz/HAS26743
Helping grow the country 45
Whanganui
Well Located Breeding/Finishing Unit
Auction
194.2614ha property comprising approximately 20% flat land with the balance being rolling to medium hills with some steeper sidlings. Fenced into 26 paddocks with conventional fencing. Water is spring fed to a holding tank and pumped to troughs. Implement shed with hay shed attached, two sets of sheep yards, two sets of cattle yards, fertiliser bin and airstrip, plus a two bedroom cottage.
Plus GST (if any) (Unless Sold Prior) 2.00pm, Tuesday, 28 November The Seddon Room, Quality Inn Collegiate 122 Liverpool Street, Whanganui
Doug Glasgow B 06 349 2005 | M 027 204 8640 | H 06 327 3723
Leaders.
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www.pggwre.co.nz/WAN26694
Over generations, we have earned our reputation as New Zealand’s leading rural real estate company. Tried and trusted for over 160 years, our local knowledge and expertise will get you the results you need.
PGG Wrightson Real Estate Limited, licensed under the REAA 2008
Contact your local PGG Wrightson Real Estate expert today. pggwre.co.nz
46 New Zealand's leading rural real estate company
Greytown, Wairarapa
Dairy Support - South Wairarapa
Tender
This 394ha dairy support farm is currently wintering 2000 cows and 1000 R1/R2 heifers. Outstanding sustainable returns on investment achieved as a highly profitable, standalone business. Free draining Tauherenikau stony silt loam soils well suited to winter grazing and grain crops, top fertiliser history. All pastures renovated, paddocks reconfigured and stock water upgraded to industry best practice. Four bedroom home, sheds, cattle yards (x2), woolshed and yards. Approved subdivision proposal offers three options: (1) whole farm, 394.0951ha or (2) 236.7244ha or (3) 157.3707ha (all S to S).
Plus GST (if any) (Unless Sold by Private Treaty) Tender Closes 2.00pm, Friday, 3 November PGG Wrightson, 38 Lincoln Road, Masterton
www.pggwre.co.nz/MAS26344
John Murray B 06 377 5181 | M 027 493 3759 | H 06 372 5717
Helping grow the country 47
South Island Various regions feature standout rural properties for sale this spring. In North Canterbury, 4381 hectare freehold high country listing, Mt Whitnow Station will attract considerable interest, with its mix of sheep and beef breeding and finishing, potential for development and recreational opportunities. One of the most eye-catching dairy property listings this spring is in North Otago. Farmed in two units, Wainono Dairy Farms, comprising 712 hectares in total and producing up to 800,000 kilograms of milksolids is among the largest dairy properties offered to the market since the sector’s fortunes started to improve. Hazeldale, a 1838 hectare Kuriwao hill country property, rates as one of South Otago’s most admired farms and its sale will be closely observed. Several Southland dairy farms are on offer. Vendors around Invercargill and Gore will be aware that at the upper end of the market, the region’s recent dairy farm sales have recorded values in the early $40,000s per hectare.
54 New Zealand’s leading rural real estate company
Rai Valley, Marlborough
Dairy, Beef Finishing, Lifestyle in a Stunning Location
Deadline Private Treaty
A rare opportunity exists to secure a 581 ha (1435 acres) farming property positioned in the green belt of Marlborough. The dairy farm consists of 85 ha milking platform producing an average of 64,500 kg-ms (once a day milking) from 220 cows. Balance of land is grazing and forestry with a further 380 ha of native bush for hunters. A 16 ASHB dairy shed and yards plus numerous quality farm sheds. There is a modern three bedroom homestead plus a further dwelling and a 23 ha forestry block plus run-off block. Also available is a 21 ha (54 acres) lifestyle property with home and grazing.
Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday, 23 November
Greg Lyons
Joe Blakiston
B 03 579 1188 | M 027 579 1233
B 03 579 3702 | M 027 434 4069
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www.pggwre.co.nz/BLE26789
Helping grow the country 55
Okaramio, Marlborough
Superb Marlborough Lifestyle with Many Options...
Deadline Private Treaty
This 234 ha (578 acres) property is located in the heart of Marlborough. The stunning four bedroom homestead sits proudly overlooking 30 ha (74 acres) of well fenced productive flats. This is an ideal finishing unit for someone looking for a change of farming practice or a top of the line lifestyle block. The property is complemented by a full range of quality sheds and improvements, yet situated only 25 km from sunny Blenheim. An adjacent 63 ha (50 ha planted) of 23 year old forest is also available.
Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday, 23 November 20 Westwood Ave, Blenheim 4
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www.pggwre.co.nz/BLE26790
Greg Lyons
Joe Blakiston
B 03 579 1188 | M 027 579 1233
B 03 579 3702 | M 027 434 4069
56 New Zealand's leading rural real estate company
Seddon, Marlborough
Extensive Marlborough Hill Block
$3M
Rarely available this substantial bare land tract of 1135 ha (2805 acres) subject to survey. Easy to medium Marlborough hill country which is ideally suited to its current sheep and beef operation. This iconic property lends itself to honey, hunting, deer or carbon farming (ecological reports available) or simply your stunning retreat in the sunniest province in New Zealand. Extensively tracked and fenced into numerous blocks. Spectacular coastal and mountain views from your choice of building sites for a new homestead and infrastructure and yet only 15 km from Seddon township.
Plus GST (if any)
Joe Blakiston
Ken McLeod
B 03 579 3702 | M 027 434 4069
B 03 579 3720 | M 027 433 4746
www.pggwre.co.nz/BLE26742
Helping grow the country 57
Fairhall, Marlborough
Marlborough Vineyard 8.1632 ha with four bedroom home, sleepout, plus two double garages 4.13 ha planted in Pinot Noir, .85 ha Sauvignon Blanc, room for further development Irrigation by Southern Valley Scheme plus 18000 mÂł storage dam, wind machine and two bay shed This is a great opportunity to enter the viticulture industry and priced to sell
$1.75M Plus GST (if any)
www.pggwre.co.nz/BLE26139
Ken McLeod B 03 579 3720 | M 027 433 4746
Wairau Valley, Marlborough
Opportunity Calling!
Price by Negotiation
Looking to get your foot in the door or add to your existing investment? This very appealing 21.24 ha vineyard was planted in 2009 and consists of 12.99 ha Sauvignon Blanc, 2.07 ha Pinot Noir and 1.77 ha Pinot Gris, make up the bulk of the canopy area of 16.83 ha. An irrigation consent exists for 370.26 mÂł per day of bore water, which irrigates the vineyard via a drip line system.
Plus GST (if any)
Mark Terry B 03 578 3019 | M 027 572 2559
58 New Zealand's leading rural real estate company
www.pggwre.co.nz/BLE26786
Wairau Valley, Marlborough
The Complete Package!
$1.05M
A beautiful five bedroom, three bathroom home, built with quality fittings throughout and proudly positioned on 7.47 ha (18 acres). Complete with modern kitchen, open plan living, log fire, double garage and of course fantastic indoor outdoor living for entertaining. Those wanting a farming venture the productive paddocks are well subdivided and boasts a six bay shed, sheep and cattle yards.
Plus GST (if any)
Joe Blakiston
Mark Terry
B 03 579 3702 | M 027 434 4069
B 03 578 3019 | M 027 572 2559
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www.pggwre.co.nz/BLE26078
Lower Dashwood, Marlborough
Living the Dream!
Enquiries Over $968,000
Sitting on 23 ha, with stunning 270 ° views of the ocean, vineyards and rural landscape, this 304 m² home consists of five double bedrooms and three bathrooms. Open plan living, kitchen and dining, with bifold doors that open to the deck, in one of the two outdoor entertaining areas available, the property also boasts two double garages. With so much land you have endless income options here.
GST Inclusive 5
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www.pggwre.co.nz/BLE26064
Mark Terry B 03 578 3019 | M 027 572 2559
Helping grow the country 59
Murchison, Tasman
351.8 Hectares - Fern Flat 250ha effective platform area including 220ha K-Line irrigation 2017/18 Production forecast 270,000kg MS 44 ASHB shed with extras including comprehensive in shed feed system Great range of supporting sheds and three comfortable dwellings A very well setup dairy unit ready to perform and priced to sell
$6.85M Plus GST (if any) Land and Buildings
www.pggwre.co.nz/NEL25801
Peter Evans B 03 543 8599 | M 027 224 9798 | H 03 544 5888
Murchison, Tasman
Potential Plus - 263.9 Hectares 140ha effective platform area plus additional Crown grazing licence area 38 ASHB shed, Waikato plant and 500 cow yard 2016/17 season production 122,500 Kg MS, milking once per day Main house is a substantial two storey, six bedrooms. Second home comprises three bedrooms. Plenty of future scope Peter Evans B 03 543 8599 | M 027 224 9798 | H 03 544 5888
60 New Zealand's leading rural real estate company
$3.7M Plus GST (if any) Land and Buildings
www.pggwre.co.nz/NEL24158
Broomfield, North Canterbury
Work Play Enjoy! Ultimate lifestyle four hectare property - subject to new title Architecturally designed home boasts vistas to the Deans Range and Mt Grey Open-plan entertainer’s kitchen and dining in the heart of the home Four bedrooms (master with WIR & en suite), formal dining, and purposeful office Triple car garage, five-bay barn, well-fenced paddocks with stock water
$1.1M Plus GST (if any) 4
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www.pggwre.co.nz/AMB26177
Maria Rickerby B 03 313 0610 | M 027 563 1733
Broomfield, North Canterbury
Randolph Downs – Breeding and Finishing
Deadline Private Treaty
Situated just 55km north of Christchurch and comprising 843.1426ha of good medium rolling country. Currently farming a merino flock of approximately 3,400 ewes and 1,200 hoggets, and also finishing 200 cattle. With a full range of quality farm buildings, Randolph Downs features a magnificent homestead of generous proportions, with inground swimming pool and set in large, established grounds.
Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday, 9 November 4
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www.pggwre.co.nz/CHR26728 Peter Crean B 03 341 4315 | M 027 434 4002
Helping grow the country 61
Hawarden, North Canterbury
Mt Whitnow Station – 4381.6767 Hectares Freehold
Deadline Private Treaty
This historic station is one of a few New Zealand high country properties offering freehold land title. Boasting outstanding scenery and a pastoral farming operation with scale, the property currently runs approximately 5,500 fine wool sheep and 160 cattle. It is well fenced and tracked with a full range of farm buildings. The main homestead is substantial and there are also three other accommodation units. Recreational opportunities on the property include red stag hunting, mountain biking, horse riding and eco tourism. We recommend your early attention to this property.
Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Wednesday, 6 December
Peter Crean B 03 341 4315 | M 027 434 4002
62 New Zealand's leading rural real estate company
www.pggwre.co.nz/CHR26640
Geraldine, Canterbury
"A Host of Golden Daffodils"
$1.2M Negotiable
Pleasant Valley Daffodills - "Beside the lake, beneath the trees, fluttering and dancing in the breeze" William Wordsworth. A meandering stream, no lake, but 500,000 daffodils on 8.5 ha and a very comfortable three bedroom home, a traditional T front villa retaining character with today's comforts and plenty of supporting buildings. Represents two generations of hybridising and breeding special daffodils which are sold from the property and by mail order. This is a very exciting business for someone with a horticultural bent, 4 1/2 months of the year of input allows for other employment.
Plus GST (if any)
www.pggwre.co.nz/TIM26622
Susie Williams B 03 687 7346 | M 027 346 9676 | H 03 693 9590
Helping grow the country 63
Ashburton, Canterbury
Unique Sheep, Cattle and Deer Farm
Price by Negotiation
168.5ha used for breeding, finishing, calf rearing, velvet and trophy stags. Suitable for cropping or vegetables on the heavier soils. Border dyke irrigation with groundwater consent approved. Also suitable for dairy conversion subject to resource consents. Well sheltered with a wide variety of plantings. Renovated homestead and full range of farm buildings, just 17km to Ashburton.
Plus GST (if any) 4
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www.pggwre.co.nz/ASH24550
Lachie Ashton B 03 307 8700 | M 027 777 4441
Waihao Downs, Waimate
No Downturn Here!
$5.8M
Established 689ha deer farm running velveting stags and hinds and a good line of mostly Stern Angus cows. Potential to increase carrying capacity by taking advantage of the irrigation water available plus further development. Hinds wintered on self-feeding silage pit and stags on kale. Very good house and implement shed overlooks the Waihao River that runs through the property adds to the appeal.
Plus GST (if any)
Lachie Ashton B 03 307 8700 | M 027 777 4441
64 New Zealand's leading rural real estate company
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www.pggwre.co.nz/ASH25810
Kurow, Waitaki
Hakataramea Downs - 912.8532ha
Price by Negotiation
Haka Downs "The Jewel in the Crown", 840 Moorland Settlement Road, Cattle Creek. The homestead and hogget block of the original Hakataramea Downs Station. The best producing land of the original very large holding. Subject to an intensive development programme in recent years. Virtually fully deer fenced to a very high standard. Extensive laneway system and K-line irrigation in place.
Plus GST (if any)
www.pggwre.co.nz/TIM26010
Hunter Doig B 03 687 7330 | M 027 220 1004
Waitaki Heights, North Otago
Waitaki Heights - Motivated Vendors 103ha Freehold with 76ha irrigated via K-line from a private farm bore Large four bedroom executive home with attached double garage and two patio areas Divided into 18 paddocks with two wire electric fencing, three bay implement shed and large set of cattle-yards
Price by Negotiation 4
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www.pggwre.co.nz/OAM25814
Dave Heffernan B 03 433 1340 | M 027 215 8666
Helping grow the country 65
Ngapara, North Otago
Great Purchase Opportunity
Price by Negotiation
144.0152ha, fertile Timaru silt loam soils Irrigation North Otago Irrigation Co Scheme 40 shares, no infrastructure Approximately 100ha lucerne, balance pasture Attractive three bedroom homestead, farm buildings and excellent cattle-yards Land use lucerne production and cattle finishing. Purchase options available
Plus GST (if any)
www.pggwre.co.nz/OAM25877
Dave Finlay B 03 433 1340 | M 027 433 5210 | H 03 434 8390
Totara, North Otago
Quality Sought after Property
Price on Application
• "Springvale" 80.5931ha • 9km south of Oamaru, highly fertile soils • On farm bore, ring mains, 26 hydrants, travelling irrigator • Well presented three bedroom home and full range of farm buildings • Information brochure available
Plus GST (if any)
Laurie Farmer
Dave Finlay
Dave Heffernan
M 027 435 7535
M 027 433 5210
M 027 215 8666
66 New Zealand's leading rural real estate company
www.pggwre.co.nz/OAM26531
Fairlie, Canterbury
Wainono Dairy Farm - Quality Productive Property
Deadline Private Treaty
• Freehold area - 467.64ha
• 596ha irrigated, 388ha pivot
• Leased area - 244.98ha
• Operated in two units, 328ha & 213ha
(Unless Sold Prior) Closes 4.00pm, Thursday, 7 December
• Milking area - 541ha
• Two rotary sheds, good farm buildings
• Production - 800,000 kg/MS
• Five homes
• Cows wintered 1800
• Freehold for genuine sale and leased land can be assigned
• Reliable irrigation supply
Dave Finlay
M 027 433 5210
Peter Crean
M 027 434 4002
Robin Ford
M 027 433 6883
Andrew Patterson M 027 434 7636
www.pgwrealestate.co.nz/OAM26757
John Sisley
M 027 475 9808
Helping grow the country 67
Omakau, Central Otago
Outstanding Dairy Conversion Pick up the Capital Gain! 249ha - just add the dairy shed (quotes available) Production ready to boom Well irrigated with refurbished four bedroom home All laned, new cattle yards, potential for 400kg MS Mike Direen
Coll MacCormick
B 03 440 2382 | M 027 434 0087
B 03 440 2399 | M 027 688 8192
Price by Negotiation Plus GST (if any)
www.pggwre.co.nz/ALE24731
Oturehua, Central Otago
Outstanding Presentation Extremely well presented 489 hectare property Two very well maintained and presented dwellings Opportunity to tap into Otago Central Rail Trail accommodation Outstanding balance of irrigated flat paddocks and hill country Various outbuildings of high standard Mike Direen
Shaun O'Docherty
B 03 440 2382 | M 027 434 0087
B 03 440 2387 | M 021 708 165
68 New Zealand's leading rural real estate company
$2.9M Plus GST (if any)
www.pggwre.co.nz/ALE26030
Circle Hill, South Otago
Quality Sheep, Beef and Deer Unit with Location 463.1607 hectares freehold total property, or available in two blocks 210ha and 252ha Four bedroom two bathroom brick home built in 2006 plus a modernised three bedroom brick home, substantial farm buildings, sheep/cattle/deer yards Well subdivided, strong fertiliser history and rural water scheme Stock wintered 2017 - 4600 sheep, 275 deer including 140 mixed aged hinds This strong breeding and finishing farm features excellent animal health and production combined with quality infrastructure and location
Stewart Rutter
Jason Rutter
B 03 418 1381 | M 027 433 7666
B 03 418 1382 | M 027 243 1971
$6.3M GST Inclusive Land owner is not registered for GST
www.pggwre.co.nz/BAL26493
Helping grow the country 69
Kuriwao, South Otago
"Hazeldale" - Renown Breeding Finishing Property 1837.353 hectares freehold with approximately one third strong paddock country to two thirds oversown tussock country, also capable of finishing Well presented improvements of high standard including homestead and second home. Full range of substantial farm buildings and yards Excellent standard of subdivision, four gravity fed water schemes and an exceptionally strong fertiliser history going back decades Wintered 2017: 10,830 sheep (including 8,290 ewes), 775 cattle (including 404 cows)
Stewart Rutter
Jason Rutter
B 03 418 1381 | M 027 433 7666
B 03 418 1382 | M 027 243 1971
70 New Zealand's leading rural real estate company
Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Friday, 23 February 4
2
www.pggwre.co.nz/BAL26510
Popotunoa, South Otago
"Hazelburn" - Strong Finishing Country 202 hectares of easy contour with approximately 46 hectares flat land Well appointed, modern, three bedroom, two bathroom home Full range of supporting farm buildings and new Te Pari cattle-yards Rural water scheme incorporating new trough system Faithfully farmed by the Bungard family since 1989 Jason Rutter
Bill McDonald
B 03 418 1382 | M 027 243 1971
B 03 209 0303 | M 027 434 1928
Tender Plus GST (if any) Closes 12.00pm, Friday, 10 November 3
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www.pggwre.co.nz/BAL26736
Teviot, Central Otago
Irrigated Dairy Unit - Teviot Downs
$6.5M
• 585ha, self-contained dairy unit with two very well presented homes • 140ha dairy platform plus 445ha dairy and beef support unit • 41 ASHB shed with DeLaval plant, cellsense and 10kw solar panels on roof • 120ha of the dairy platform irrigated with K-line and hard hose guns • A unique property with cost effective irrigation currently on a once a day system
Plus GST (if any)
Darrell Duncan
Tony Paterson
Bill McDonald
M 027 432 5767
M 027 594 8341
M 027 434 1928
www.pggwre.co.nz/GOR26472
Helping grow the country 71
Owaka, South Otago
Self Contained Dairy Unit
$12.5M
A 656.4495ha self contained dairy unit on a system one farming programme that has been extensively regrassed over the last seven years along with a fencing, water system and lane upgrade. Complemented by a 50 bail rotary dairy shed, four sound homes and a good range of sheds in a reliable location. This property is all set to take production to the next level.
Plus GST (if any)
Tony Paterson
Jason Rutter
Stewart Rutter
M 027 594 8341
M 027 243 1971
M 027 433 7666
www.pggwre.co.nz/INV26748
Te Anau, Southland
Superior Fiordland Farm and Lifestyle 50.08ha of flat land with expansive mountain views bordering the Mararoa River Top quality small finishing or grazing farm with 22 well fenced paddocks Large modern family home with mature gardens and outdoor entertainment settings Six bay shedding plus multi use yards and stock handling facilities Opportunity to also purchase as a complete farm going concern Peter Lewis
Nick Robertson
B 03 249 8615 | M 027 202 2405
B 03 249 8613 | M 027 431 6533
72 New Zealand's leading rural real estate company
$1.695M Plus GST (if any) 4
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www.pggwre.co.nz/TAN26315
Gore, Southland
Ninety Two Years in the Making
Deadline Private Treaty
• 130.0462ha of flat contour in a reliable area • Four bedroom tastefully renovated homestead • Currently farmed as a sheep unit but would suit all farming practices • Good range of support buildings and attractive shelter plantings throughout the farm • Farmed by the vendors family for 92 years bears testament to a property of quality
Plus GST (if any) Closes 12.00pm, Thursday, 30 November 46 Medway Street, Gore
Darrell Duncan
Bill McDonald
B 03 209 0302 | M 027 432 5767
B 03 209 0303 | M 027 434 1928
www.pggwre.co.nz/GOR26745
Gore, Southland
Scarce as Hens Teeth
Deadline Private Treaty
17.0449ha of mainly flat leading to a hill, well subdivided into 14 paddocks Warm, comfortable and well maintained three bedroom family home Good range of implement sheds, sheep yards, shearing shed, cattle yard and ramp At only 2.5km from the Gore township boundary properties of this size and location are as scarce as hens teeth Bill McDonald
Darrell Duncan
B 03 209 0303 | M 027 434 1928
B 03 209 0302 | M 027 432 5767
Plus GST (if any) Closes 12.00pm, Friday, 10 November 46 Medway Street, Gore
www.pggwre.co.nz/GOR26758
Helping grow the country 73
Gore, Southland
Dairy Farm with Leading Edge Technology 228ha titled, approximately 185ha effective Four Lely milking robots, self contained for all stock R1 and older Substantial four bedroom family home plus two well presented support dwellings, tunnel cow barn and full range of farm support buildings An impressively productive unit milking 300 magnificent cows Bill McDonald
Darrell Duncan
B 03 209 0303 | M 027 434 1928
B 03 209 0302 | M 027 432 5767
$6.7M Plus GST (if any)
www.pggwre.co.nz/GOR26536
Gore, Southland
Reliable Dairy Unit
$3.2M
A quality flat farm on productive silt loam soils capable of excellent summer production. 94.283ha with two good sized homes 24 bail Ardco internal rotary shed with 280 cow yard Four and seven bay calf sheds, three bay implement shed, workshop and sundry sheds Darrell Duncan
Bill McDonald
B 03 209 0302 | M 027 432 5767
B 03 209 0303 | M 027 434 1928
74 New Zealand's leading rural real estate company
Plus GST (if any)
www.pggwre.co.nz/GOR26735
Gore, Southland
Waipahi Dairy Opportunity
$4.6M
• 179ha unit milking 300 cows wintering on • Grazing 60 R1 heifers and 60 calves • 54 rotary shed, recently installed new Waikato plant with cup removers • Modern four bedroom family home • Put your own production policy to work here
Plus GST (if any)
Darrell Duncan
Stewart Rutter
B 03 209 0302 | M 027 432 5767
B 03 418 1381 | M 027 433 7666
www.pggwre.co.nz/GOR25583
Fortrose, Southland
New Home Completes the Package Productive 151.2747ha dairy unit in a reliable area Converted to a high standard, 40 aside shed built in 2009. Large calf rearing shed A new 230m2 four bedroom home (built 2015) plus two other homes The farm has excellent lanes and all new internal fencing This unit is really starting to fire!
$5.2M Plus GST (if any)
www.pggwre.co.nz/INV22802
Andrew Patterson B 03 211 3144 | M 027 434 7636 | H 03 230 4426
Helping grow the country 75
Winton, Southland
Modern Conversion with Location 154.8482ha freehold, only 20km to both Winton and Invercargill 40 aside herringbone cow shed with 500 cow yard and ACR's, built 2013 Four bedroom brick and roughcast home and three bedroom Hardiplank home 480 cow consent, expiring 12 June 2024 Flat contour with mostly Pukemutu soils Andrew Patterson
Todd Anderson
B 03 211 3144 | M 027 434 7636
M 027 487 4355
$6.2M Plus GST (if any) 7
2
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www.pggwre.co.nz/INV24313
Dipton, Southland
Multiple Land Uses 186ha subject to survey Three bedroom split level brick home (built 1973) Three stand RB woolshed and covered yard area, five bay implement shed All deer fenced (2008) with central lane to all but one paddock Water supplied via mostly 25ml line to cattle troughs Andrew Patterson B 03 211 3144 | M 027 434 7636 | H 03 230 4426
76 New Zealand's leading rural real estate company
$3.95M Plus GST (if any) 3
1
2
www.pggwre.co.nz/INV24987
Wyndham, Southland
High Performing Former Stud Unit 164.2338ha in three titles, located 8km from Wyndham Modernised three bedroom brick and roughcast home Substantial four stand RB woolshed and large covered yards Lambing in excess of 155% on healthy rolling country Options for young stock and silage, boundarying the well reknown Wyndham River
$3M Plus GST (if any) 3
1
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www.pggwre.co.nz/INV26529
Andrew Patterson B 03 211 3144 | M 027 434 7636 | H 03 230 4426
Mokotua, Southland
Established Dairy Unit
Tender
An established 337.3636ha dairy unit in a reliable location 60 bail rotary dairy shed, ACR's, milk hub, in-shed feeding system Five well maintained homes Strong soil types with excellent fertiliser history Consistent production across the seasons on a production two system Tony Paterson
Andrew Patterson
B 03 211 3130 | M 027 594 8341
B 03 211 3144 | M 027 434 7636
Plus GST (if any) (Unless Sold By Private Treaty) Closes 12.00pm, Wednesday, 29 November 232 Dee Street, Invercargill
www.pggwre.co.nz/INV26683
Helping grow the country 77
Menzies Ferry, Southland
Naturally Fertile Dairy Unit Well located 221.613ha unit in the renowned farming district of Menzies Ferry Some of Southland's most reliable soils with good fertility levels Aesthetically appealing with tarsealed road frontage 50 bail rotary dairy shed with ACRs, in-shed feeding and molasses Three dwellings plus numerous sheds Partially self-contained supported by a neighbouring lease block
Todd Anderson M 027 487 4355 | H 03 236 9570
78 New Zealand's leading rural real estate company
$8.45M Plus GST (if any)
www.pggwre.co.nz/INV26778
Tuturau, Southland
From Organic Pasture To Palete
Tender
Retro Organics is an organic dairy processing factory and certified organic 125ha dairy farm, manufacturing and distributing a range of products including NZ’s only lactose free yoghurt produced from cows milk. The farm and factory offers a rare opportunity to invest in an unique business where milk is produced from the dairy farm and immediately supplied to a processing plant where pure and fresh dairy products are manufactured. The current owners have created one of New Zealand’s only scalable artisan organic dairy processors capable of producing milk, yoghurt, cheese and butter.
Plus GST (if any) (Unless Sold By Private Treaty) Closes 12.00pm, Tuesday, 12 December 46 Medway Street, Gore
Darrell Duncan
Andrew Patterson
Bill McDonald
M 027 432 5767
M 027 434 7636
M 027 434 1928
www.pggwre.co.nz/GOR26707
Helping grow the country 79
Regional update Northland As in many other parts of the country, Northland has been wet, contributing to a traditionally subdued winter rural property market. One notable transaction was a 148 hectare west coast farm that sold in July between $20,000 and $22,000 per hectare, at the upper end of the price range for the region’s dairy properties. Market activity is set to increase in the spring, with indications that several of the region’s older farmers are preparing to exit the sector, moving on or retiring in the coming months. Listings of their farms will be welcomed by motivated buyers, operating in what remains a sellers’ market. In Northland last year, the main farm selling season was late to properly commence. Although this year has seen some early action, more meaningful activity is likely in December and January then in the spring.
Waikato Waikato’s winter rural property market was unspectacular. A shortage of enthusiasm from the banks towards lending on farm purchases, and generally wet and unfavourable weather, magnified what is usually a quiet season anyway. Although a more positive outlook has returned for the dairy sector, Waikato farmers are not yet ready to purchase additional land, seeking to consolidate their equity position before expanding. Some interesting drystock properties are likely to come onto the market in the King Country. These aside, with such sparse market activity over the past few months, how the spring will proceed is difficult to predict. It is likely, though not certain, that price expectations will remain consistent and there will be no major surge in the region’s listings, in which case, a reasonably typical balance will prevail between supply and demand, and a normal spring market will play out.
Bay of Plenty, Central Plateau and South Waikato A relatively quiet winter rural property market prevailed in the wider Bay of Plenty. Owners preferred to take advantage of excellent commodity prices, rather than cashing in on farm and orchard values. Positive winter enquiry for drystock property largely went unmet. Smaller production orchards able to convert to gold G3 kiwifruit are especially sought after as growers anticipate profitability on orchard gate returns of well over $100,000 per canopy hectare in the coming season. While supply and demand for dairy farms is steady, farmers looking for grazing blocks are generally unsatisfied. Good flat land between 30 and 100 metres above sea level may not be affordable for dairy support as horticulture offers a superior return on the same land. Substantial market improvement should occur through spring as Bay of Plenty property owners respond more favourably to the steady and rising demand for all land use types.
Whanganui and Taranaki Taranaki rural property sales were ahead of last winter by more than 30 per cent, with the region’s top sale a 79 hectare grazing property that changed hands for more than $7 million or almost $90,000 per hectare. Also in the region, a 564 hectare forest sold for $2 million. Taranaki dairy farm sales are averaging between $40,000 and $45,000 per hectare, while finishing and grazing farms in the region are selling on average price between $16,000 and $19,000 per hectare. A 632 hectare Whanganui grazing property sold for $8.9 million, while two other traditional Whanganui grazing properties, of 632 and 828 hectares, each sold at slightly
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above $4,000 per hectare. With dairy farmers increasingly confident and having paid down debt recently, more selling activity is likely in traditional dairy areas during the spring.
Manawatu, Wairarapa and Horowhenua Sales volumes in the region were similar to the same period last year. Average values for Wairarapa dairy farm sales are approximately $30,000 per hectare at present, while a 294 hectare Horowhenua dairy property sold for $14.5 million or just short of $50,000 per hectare. A 603 hectare Wairarapa finishing farm sold for $9.3 million. Large-scale sheep and beef grazing and finishing, dairy and arable farms are in hot demand in the region. Allandale, a widely admired 393 hectare Greytown grazing property currently used for dairy support will list for sale during the spring and should attract considerable attention. Good-quality properties situated in sought-after locations, with reliable rainfall, superior improvements and proven performance, remain in demand. A range of good-quality sheep and beef farms coming onto the market in spring should satisfy this, in part at least.
Hawke’s Bay Values of Hawke’s Bay rural property offered to the market over the last few months remained consistent with those that sold in the autumn, with all recent transactions of economic farm units at or above $10,000 per hectare. As expected during the winter, a relative lack of listings slowed the volume of sales, despite reasonable values. Firm and improving
product prices, particularly for beef, though also more recently for dairy, are the major factors influencing the region’s rural property market. Consequential demand for additional land is keeping buyers motivated and sellers satisfied. Into the spring, market activity should increase. At least three high-quality sheep and beef properties are set to go to auction in Hawke’s Bay later in the spring, presenting purchasers with some excellent opportunities. Values are unlikely to alter significantly.
Nelson and Marlborough While pruning was in full swing, sales of Marlborough vineyards were slow through winter. Demand for Nelson dairy farms remains enthusiastic, with interest from the North Island. A significant dairy transaction was confirmed during August, when a 165 hectare 340 cow Golden Bay property was taken on by a purchaser from outside the district. Meanwhile in a notable Marlborough sale, a 2,000 hectare extensive hill country grazing property in Ward sold in August to out-of-town buyers. Listings are short in all land use types, including lifestyle properties. Any rural property offered for spring sale in the region should therefore receive an enthusiastic response from purchasers, as supply and demand factors are likely to drive prices to premium levels during the next few months. With interest evident from outside the region, Marlborough viticulture transactions will be closely watched.
Canterbury Although new rural listings during the winter were limited, two Waikari, North Canterbury sales showed demand is steady. A 187 hectare sheep and beef property sold at auction in late May and a 593 hectare farm sold in late June, both for around $1200 per stock unit. Canterbury purchasers are taking time to undertake due diligence, particularly focusing on nutrients and irrigation. Climate and market activity have followed traditional patterns this winter, suggesting a productive season ahead, with plenty of property transactions. Some notable spring farm listings look likely, particularly in sheep and beef, though the recent payout forecast should also motivate more Canterbury dairy properties onto the spring market. While demand for good farms with favourable rainfall is always strong, the balance between supply and demand of Canterbury rural properties is relatively even at present.
West Coast Optimism around dairy prospects has taken awhile to reach the West Coast. However, local cooperative, Westland Milk Products had brighter news for its shareholders in the winter, providing a 40 cent advance on its payout and a markedly improved forecast of between $6.40 and $6.80 for 2017/18. A 76 hectare Whataroa run-off property sold for $10,000 per hectare to a neighbour during July, a rare winter transaction for the region, providing a degree of encouragement for farmers and an indication of market sentiment. Although West Coast farmers are happier than they have been for some time, spring rural property market activity is likely to be reticent. Some farmers are interested in putting land up for sale, though are reluctant to commit because they do not believe buyers will be particularly motivated. It may take a few more months to overcome this inertia.
Mid and South Canterbury A limited number of larger Mid Canterbury dairy properties changed hands during the winter, with prices for the most desirable firm between $50,000 and $55,000 per hectare. As in much of the rest of the country, climatic conditions discouraged listings and the market has otherwise been quiet. Contagious cattle disease, Mycoplasma bovis, discovered on a South Canterbury property in late July, caused concern, though its apparent containment provided some reassurance. Farmers’ response to the increased dairy payout forecast has been low-key in Mid and South Canterbury. However, alongside their bankers, they will gain some confidence from this. A typical spring rural property market is likely in the region this year, with business as usual and sales proceeding at a steady rate, albeit following the wet winter, that may take awhile longer to start this year than usual.
Otago and Central Otago Otago farms sold well through autumn and early winter, with sheep and beef properties ranging from $900 to $1200 per stock unit. Prominent among these was a 1483 hectare Landcorp property, Copper Road Farm, at Waitahuna Heights, South Otago, carrying approximately 11,000 stock units, which was acquired by a North Island purchaser in May. As in other regions, climatic conditions pushed the Otago market into a traditional winter mode, with little sales activity. Positive signs for a spring upturn include the rise of dairy prices
to more realistic levels and returns for beef, lamb, mutton and venison all surpassing record levels. Sheep and beef properties, dairy farms and a large deer unit will all list for sale in spring, with the largest of these a widely admired South Otago sheep station that should attract significant interest in what is shaping as a favourable marketplace.
Southland Southland winter farm sales of properties larger than 40 hectares were comparable to the same period last year in both values and volume of transactions. Spring in the region should see more rural property change hands than has occurred for some years, with increased optimism based on the improved dairy payout, as well as strengthening returns from sheepmeat and beef, providing confidence among both buyers and sellers. New properties will come to the market. Initially at least, sales of smaller farms will continue, though properties of greater scale should also attract attention as the season progresses. In the latter category, the sale of a unique robotic dairy unit at Gore will be closely watched. Buyers and sellers are looking more evenly matched in the region, which should result in values staying at the status quo level, albeit with increased market activity likely.
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A closer look SHEEP AND BEEF Listings of sheep and beef farms were in short supply through the winter, with little of note offered to the market and activity occurring only at low levels. While this is generally the case during winter, the appetite to engage in land transactions seemed lower than ever this year. Demand for farms matches the level of properties offered. A handful of appealing drystock properties is likely to list for sale in the spring, however, which will attract interest. In the current favourable circumstances around commodity prices, bankers are reasonably positively disposed to finance purchases in the sheep and beef sector. Those selling are mainly doing so because they are at the right natural age and stage to do so, rather than for any negative reason. These spring listings should therefore result in satisfaction for both vendors and purchasers.
DAIRY NORTH ISLAND DAIRY Ten North Island dairy farms changed hands in June and July, compared to 36 in April and May, a more extreme market slowdown than occurs most winters. Spring’s rural property market may also be subdued, certainly when compared to last year, and upward pressure on prices is unlikely. Despite increasing positivity in dairy and an encouraging payout forecast, financiers remain hesitant to lend on property and farmers appear to have little appetite for expansion, preferring instead to rehabilitate balance sheets that suffered during the past few seasons. Dairy property listings in most North Island districts were cleaned out in the autumn and few properties remained available for sale during the winter. Wet and unfavourable weather in many regions also contributed to the lack of enthusiasm for winter farm transactions. How much that changes as spring progresses is uncertain.
SOUTH ISLAND DAIRY On a limited number of winter sales, Canterbury dairy farms changed hands between $52,000 and $56,000 per hectare during the winter, consistent with sales values during the autumn. Similarly, in Southland, dairy property values did not fluctuate during the winter, ranging at the upper end of the market in the early $40,000s per hectare,
for mid-range farms between $32,000 and $36,000, and at the lower end from $22,000 to $30,000 per hectare. While the dairy payout stays at or above $6.75, prices for Canterbury farms sold in the spring should remain firm. Meanwhile, Southland prices for dairy land during spring are not likely to deviate from present levels, though increased transactions are indicated as confidence rises. Clarity around the regional councils’ land and water plans continue to play out for conversion type transactions in both Canterbury and Southland.
in the new season, from late October or November after the 2018 crop has set, is less certain, particularly with indications of $300,000 per hectare to acquire a G3 licence this year.
CROPPING
VITICULTURE With sales through the winter minimal, as is normal in the sector while pruning and other off-season activities are in progress, benchmark prices for Marlborough vineyards remain between $250,000 and $270,000 per canopy hectare in premium areas, similar to where they were in the autumn. Prospects for viticulture’s approaching season are excellent. Indications are that a significant quantity of desirable vineyards will come to the market during the spring. Land for development may also feature. These properties should encounter ample demand, particularly from outside Marlborough, as farmers change localities and land use, from farming dairy cows or crops to growing grapes. Those changing land use have already purchased two significant Marlborough vineyards in recent months, bringing new blood into the region and the industry. More are likely to follow. Corporate investors are also likely to remain active.
Two Mid Canterbury arable properties in New Zealand’s premier cropping country sold in winter: a 160 hectare farm for $53,000 per hectare and a 144 hectare property for $57,000 per hectare. As both sold at auction, signals to others considering listing were obvious and, with those values between $5,000 and $7,000 per hectare ahead of where the market was in the autumn, the case for other owners looking to capitalise is convincing. These sales indicate cropping farms carry a 10 to 15 per cent premium on the value of similarly located dairy farms, despite the additional farm infrastructure and irrigation consents necessary for dairy. Although prices for wheat and barley are good at present, forward contracts are less encouraging, which suggests the current high value of arable farms may not be fully maintained in the spring market.
FORESTRY
KIWIFRUIT Autumn’s market for kiwifruit orchards culminated in the highest price so far for a gold G3 property: $5.76 million for a 5.76 canopy hectare Te Puke property. This was the final gold kiwifruit orchard offered to the market for the season, had achieved an orchard gate return of around $160,000 per hectare, and had the crop still on when sold, hence the $1 million per canopy hectare price, 15 per cent above any previous sale. Subsequent transactions, in August, of another G3 orchard at $900,000 per canopy hectare, and the first $500,000 per canopy hectare green orchard sale, suggest demand remains strong. Whether financing will support purchases at this level
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Asian markets are keeping demand for export quality timber high, with China, Korea, India and Japan all eager for New Zealand logs and export prices at a 12-year high. Many plantations were established in the early 1990s so New Zealand timber production is set to peak in the next five years. However, since demand keeps growing, that is not cause for concern. Benchmark transactions for forests approaching maturity are around $25,000 per hectare, including land and trees. After harvest, purchasers stand to net around $30,000 per hectare, and higher depending on quality. As this is a long-term investment, some are realising capital when they need it, rather than cashing in on the logs post-harvest. Buyers are coming in, with a reasonable balance between supply and demand in forestry property at present, and sufficient interest to purchase any property offered.
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