Property Express Extra (South Island Edition) Spring 2019

Page 1

Extra

Barnhill

158 year farming family legacy for sale in Northern Southland. See inside for details.

S P R I N G 2019  |  www.pggwre.co.nz/property-express

SOUTH ISLAND EDITION


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2 New Zealand's leading rural real estate

Cambridge Dannevirke Dargaville Feilding Gisborne Hamilton Hastings Kaitaia Katikati Kerikeri Levin Marton Masterton Matamata Morrinsville Otorohanga Pukekohe Putaruru Rotorua Taihape Taupo Tauranga Te Awamutu Te Kuiti Te Puke Waihi Waipukurau Wairoa Whakatane Whangarei Wellsford

South Island 07 823 0647 06 374 4630 09 439 3342 06 323 0076 06 838 8059 07 858 5338 06 878 3156 09 408 6130 07 571 5795 09 407 4832 06 367 0820 06 323 0076 06 370 1866 07 888 4572 07 889 0171 07 878 0265 09 237 2014 07 882 1485 07 349 5486 06 323 0076 07 377 8928 07 571 5795 07 870 6219 07 878 0265 07 571 5795 07 863 6589 06 858 6073 06 838 8059 07 349 5486 09 470 2522 09 423 9712

Alexandra Amberley Ashburton Balclutha Blenheim Cheviot Christchurch Cromwell Culverden Darfield Dunedin Fairlie Geraldine Gore Greymouth Invercargill Kaikoura Leeston Mosgiel Nelson Oamaru Palmerston Ranfurly Rangiora Te Anau Temuka Timaru Waimate Winton

03 440 2380 03 313 0610 03 307 8700 03 418 1381 03 578 3019 03 343 3999 03 341 4301 03 445 3735 03 343 3999 03 343 3999 03 470 0317 03 685 9092 03 687 7330 03 209 0300 03 768 1222 03 211 3130 03 578 3019 03 343 3999 03 470 0317 03 543 8590 03 433 1340 03 470 0317 03 470 0317 03 313 0610 03 249 8611 03 687 7330 03 687 7330 03 687 7330 03 211 3130

PGG Wrightson Real Estate sub-office


Welcome Most farmers and growers are enjoying good returns with horticulture and sheep and beef especially vibrant. That confidence means the rural property market can look forward to plenty of activity this spring. Some excellent listings and a wide range of motivated buyers are evident. When they come together, as is likely in the coming months, a significant quantity of rural properties will be transacted. Provincial New Zealand’s lifestyle and residential real estate markets remain strong. For properties in these categories we are experiencing positive enquiry throughout the country. In the Tasman region, demand for lifestyle property saw some strong prices in both Nelson and Marlborough through the winter; in Canterbury easy proximity to Christchurch was key with lifestyle property in Kirwee, Prebbleton, Tai Tapu and Ashburton districts all in keen demand; strong prices continue throughout the Central Otago and Queenstown/Lakes districts; while in Southland volumes of lifestyle market sales increased. This edition of PGG Wrightson’s Property Express Extra carries a wide selection of South Island properties covering many regions and most property types.

Our people are one of the key advantages PGG Wrightson Real Estate offers to our clients. Whether their expertise is in lifestyle or rural property, they all have plenty of real world experience, and usually have their own patch of dirt, piece of paradise, or both, to relate to. Similarly, they have deep roots in their communities which is another critical advantage they bring when sitting down to provide wise and objective counsel to their clients. Whether you are drawn to lifestyle, rural or residential property, you will find this publication worth consulting. Whether you are moving, upgrading or seeking a change, there may well be a property in here that meets your needs. Please also visit our website, www.pggwre.co.nz, where you will find many more properties to consider and call your local PGG Wrightson Real Estate salesperson to answer any questions you may have relating to the market.

Peter Newbold

General Manager

PGG Wrightson Real Estate Limited

Image: High Country Heritage

(See page 53 to read about this historic property)

Contents 4 5 6 8 10

Our company Significant sales Regional update A closer look South Island properties

feature articles 14 44 53 72

Kaiuma Bay Family Farming Innovation High Country Heritage Barnhill

PGG Wrightson Real Estate Limited is acting solely as the selling agent for the vendor, and is not responsible for the accuracy and completeness of information supplied by the vendor either directly or via PGG Wrightson Real Estate Limited, whether contained in an information memorandum or otherwise. PGG Wrightson Real Estate Limited has not verified such information and PGG Wrightson Real Estate Limited is not liable to any party, including the purchaser, for the accuracy or completeness of such information. Potential purchasers and investors should also note that the vendor is responsible for obtaining legal advice on any Securities Law aspects associated with the proposed transaction and that PGG Wrightson Real Estate Limited is not a promoter for Securities Law purposes but is solely acting in its professional capacity as a selling agent.


Our company PGG Wrightson Real Estate is one of New Zealand’s largest single full-service real estate companies and is well-placed to offer exceptional specialist service throughout the nation. With 34 Offices and 26 Sub offices covering every region of New Zealand,14 sales managers, over 170 sales specialists, our rural, lifestyle and residential specialists span the country, ready to work together with you to exceed your best outcome. As an organisation our mission is to help grow the country – helping farmers to become successful. Ultimately, our ability to do this comes down to the products and services that we provide and, in particular, the capability and integrity of our people. While we are a big company we value the importance of the local touch and encourage our people to bring fresh thinking to “go the extra mile” to help our clients succeed. An outstanding brand The PGG Wrightson Real Estate brand stands out from all the others – signifying trust, integrity and remarkable results. A network that really works When you deal with us you are dealing with

4 New Zealand's leading rural real estate

one company and one team, not a group of franchised operators and offices. This means you get access to our national network, with salespeople covering the entire country, who really do work together to achieve the best possible outcome for you.

of our business, and the very reason for our success. Our staff are among the best and most accomplished in the real estate industry. Together, they have made us who we are today and we recognise their importance in every aspect of our business.

Specialist knowledge and world-class service Our experienced, specialist staff will go out of their way to ensure your property objectives are met, delivering the very best service for your entire real estate experience, whether your property choice is urban, lifestyle or rural.

Unbeatable track record We aim to be the best in what we do and we have been focused on achieving this since our business was founded almost 170 years ago. Added to this is a genuine desire to make the process of buying and selling property an exciting and seamless experience for everyone.

People focused Our clients and our staff mean everything to us. This is our company’s hallmark and we are proud of it. Our clients are the core, the heart

A national team of expert locals.


Significant sales The following is a sneak peek into the past few months’ successful sales from our top regions nationwide. If you are after local knowledge, experience and the best outcome, contact our real estate specialists today to get your property listed and sold! Date Range: January 2019 - September 2019

SOLD

SOLD

South Canterbury Kurow 1215.12ha

North Otago Hilderthorpe 177.72ha

Hunter Doig / Richard Scott

Dave Heffernan

Sold in August 2019, ‘Tararua’ and ‘Cloverbank’ Stations provide 120ha of irrigation consents to be developed. Purchased to be run as a sheep and beef farm, the property is complemented by two homesteads and good infrastructure.

This productive dairy farm, sold in June 2019, offers flat fertile land with quality soils and low cost irrigation water. Currently milking 580 cows set to produce 250,000 kg MS in the 2019/20 season this property was sold to a local share milker.

SOLD

SOLD

North Canterbury Pass Stream 299ha

Dunedin Taieri 153ha

Peter Crean

Paul Thomson / Craig Bates

Sold at auction in May 2019, this well-developed 300 hectare farm was sold to a neighbour to extend their sheep and beef operations. The property has been farmed extensively for dairy support and offers excellent farm infrastructure including a magnificent homestead.

A 153 hectare Taieri dairy farm, achieving 200,632kg MS from 470 cows, sold in January 2019 by deadline private treaty to an existing Otago dairy farmer. The property offers good infrastructure including two homes, one being five bedroom, and a 40 ASHB shed.

Helping grow the country

5


Regional update Tasman

Several Nelson and Marlborough sheep and beef farms will come to the market in spring, including some with excellent scale. In a profitable and optimistic period for red meat, they should be well received by buyers. An approximately 800 hectare South Marlborough hill country property will attract attention. Other Marlborough sheep and beef properties are listed for spring sale with PGG Wrightson Real Estate as well. Expansion of the hop industry is driving a portion of the region’s rural property market. Tasman district land growing hops expanded by almost 120 per cent between 2013 and 2019. It is set to increase further as the international craft brewing market responds positively to the locally developed proprietorial hop varieties that can only be grown under license and are most suited to that area.

6 New Zealand's leading rural real estate

Canterbury

Although Canterbury’s rural property market had a typically quiet winter, the spring should be busy with both buyers and sellers preparing to act, particularly in the sheep and beef sector. Several potential vendors were weighing their options during the winter, making it likely that some of the region’s more desirable farms will be offered to the market in October or November. Kind climatic conditions put Canterbury in better condition than for many years. Along with strong commodity prices, this encouraged farmers to more actively seek to add to their holdings, generating plenty of potential buyer demand. One notable sale, of 1415 hectare Waiau medium hill country property Mt Terako Station, was finalised in June at a price firm on recent values for the farm’s locality, on the Inland Road. Dairy sector uncertainty means property activity there is subdued.

West Coast

Shareholders proceeding with the sale of Westland Milk Products to Chinese dairy company Inner Mongolia Yili Industrial Group dominated the West Coast’s rural sector through the winter. Although the sale has been approved and settled, buyers interested in West Coast rural property are likely to take at least another 12 months to become sufficiently comfortable with the new arrangement before committing to the purchase of farms. By that time the first payout will have been made, more certainty will develop in the relationship between farmers and the new owners, and Westland Milk’s suppliers will be more used to not having to concern themselves with the obligations of share ownership. In the meantime, the West Coast’s mild winter added further optimism in the region’s rural sector, accelerating grass growth and boding well for production through the upcoming milking season.


Mid and South Canterbury

Mild weather and good commodity prices motivated plenty of activity in the region’s winter rural property market with many farmers deciding to put their retirement and succession plans into effect. Spring listings include several substantial high quality grazing and finishing properties, carrying between 5000 and 8000 stock units, along with some well-appointed arable farms and a limited selection of dairy farms. Prospective buyers for these properties are evident, though conscious of where the market is sitting, and unlikely to table extravagant offers. Before offering a farm for sale vendors need to be mindful of factors including water consents, infrastructure, environmental compliance levels and which catchment zone the property is located in. Anyone who can first obtain preapproval for finance will find operating in the Mid and South Canterbury rural market during spring easier than those without it.

Otago

Otago’s rural property market during the winter met expectations with regular enquiry for property on offer and sales proceeding as per normal for the time of year. Transactions were generally between local buyers and sellers with farmers typically consolidating or augmenting their businesses. Several interesting properties will come to the market in the spring including a portfolio of large sheep and beef units held by a corporate farm business in Taieri and Central Otago. Some dairy and grazing properties will also list for sale. Purchaser interest in these is likely to be positive, with the mild winter, adequate rainfall and good cashflow all encouraging for the region’s farmers. Interest in forestry is helping underpin the lower end of the market and Central Otago horticulture and viticulture properties continue to meet strong demand when offered for sale.

Southland

REINZ statistics show values for Southland farm sales have been stable for the past two years. Dairy properties averaged $30,000 per hectare through that period, while sheep and beef farms consistently remained in the $14,000 to $15,000 per hectare range. Early indications suggest several Southland dairy farms between 140 and 200 hectares will come to the spring market. Barnhill at Castlerock, a 1025 hectare Lumsden breeding and finishing unit, will attract serious buyer interest as listings of larger sheep and beef farms may be tight due to owners seeking to make the most of favourable export returns. Several sheep and beef farms previously offered for sale have tended to sell for dairy grazing, though that trend appears to have eased. Any farm offered for spring sale in the $1000 to $1200 per stock unit range is likely to be well received.

Helping grow the country

7


A closer look Sheep and beef

Favourable climatic conditions through the past few months mean sheep and beef farmers in most regions are approaching the spring in an optimistic frame of mind. Several benchmark sales of sheep and beef properties took place in the North Island during the winter, with farmers encouraged to take their properties to market early, and motivated to proceed with succession plans. That strategy seems to have paid off. Similar positive market activity in the South Island is likely as spring proceeds with excellent listings in several regions. Farm prices appear to be strengthening, and new listings of sheep and beef properties are gaining ready attention from the market, based on continuing high commodity prices at the upper end and supported by changes to the New Zealand Emissions Trading Scheme and government policy on carbon credits at the lower end.

8 New Zealand's leading rural real estate

South Island dairy

Over the past two years REINZ statistics show Southland dairy farms sold, on average, at $30,000 per hectare, a consistent value through that period, albeit the volume of dairy properties transacted is lower now than 2017/18. Meanwhile, owners of the best Canterbury dairy farms expect to sell around the $52,000 per hectare mark, though recent transactions have been rare. A good supply of Southland dairy properties, ranging from 140 to 200 hectares, will come to the spring market. Canterbury vendors are also likely to list property. Those who can demonstrate the environmental compliance of their farms, now and in the future, will be better positioned to find willing buyers in what is shaping as a challenging market. Potential buyers in Southland are more abundant, mainly farmers with existing operations in the region who are looking to expand their holdings.

Viticulture

During a typical winter, limited transactions of existing vineyards and development blocks proceeded, though potential purchasers are preparing to increase activity, subject to securing financial support. Generally the interest is from wine companies and existing private growers seeking to purchase strategically. With Marlborough land suitable for viticulture development almost fully utilised, two rural

properties listed for spring sale, one of 131 hectares in the Wairau Valley and one of 228 hectares in the Awatere Valley, will both command attention from the market. Both have water for irrigation and both have contours suited to vines at a scale that will attract corporates. While in general the sellers’ market for viticulture property is likely to prevail through the spring, some smaller vineyards listed for sale are not motivating purchasers due to the overcapitalisation of housing on them.

Cropping With this year’s contracts for feed barley and grass seed generally better than ever, confidence among arable farmers is high, though some are focusing on improving their equity position, which will temper demand to purchase property. Transactions through the winter indicate that at the lower end of the arable sector values sit between $42,000 and $43,000 per hectare, rising to $45,000 to $46,000 per hectare for better appointed properties. A small number of Mid Canterbury’s premium arable farms will be offered for sale this spring. As usual, purchasers of these will most likely be existing farmers in the district. Compared to last year, vendors have reduced pricing expectations by between eight and 12 per cent. However, this is influenced by the factors creating uncertainty in the dairy sector as much as by what is happening for cropping farmers.


Forestry

Although reduced demand through China’s wet season has resulted in export prices for timber softening by $25 to $30 per tonne in recent months, the drop in the New Zealand dollar and the continuing strong domestic market has compensated, meaning the sector remains upbeat. Speculation focused on changes to the New Zealand Emissions Trading Scheme, which is making trade in carbon credits more lucrative, is another boost. Current pricing expectations for land sits between $25,000 and $30,000 per hectare for mature forests, up to $40,000 per hectare for premium quality forestry and between $5,000 and $7,000 per hectare for bareland blocks. With trees planted between 1990 and 1994 now almost ready for harvest, forests from that era are well sought after, particularly with the carbon credit aspect. At least one significant forest property is likely to list for sale in the spring.

More Great Property RURAL

LIFESTYLE

RESIDENTIAL

This spring the choice is yours. As a national team of expert locals, connected to a nationwide network, we have rural, lifestyle and residential properties for sale throughout New Zealand. Choose the property that fits you. Or, if you’re considering listing your property this spring, now is the perfect time to contact your local PGG Wrightson Real Estate expert. Go to www.pggwre.co.nz.

www.pggwre.co.nz

PGG Wrightson Real Estate Limited, licensed under the REAA 2008.


South Island A mild winter and favourable commodity prices mean farmers generally have a positive outlook. In the rural property market, that indicates plenty of activity through the spring, particularly around sheep and beef farms, where highly attractive properties have been offered for sale in several regions. Uncertainty persists around dairying, impeding that sector’s property market. However, those vendors intending to sell dairy property, who can show that their farms comply with the required standards around land and water use, and are realistic about what the market is prepared to pay, should succeed in selling. Plantation forests and bare land blocks suitable for trees should also find willing purchasers, particularly as the trade in carbon credits is becoming more lucrative. This trend has gained considerable traction in the North Island and may well also take hold south of Cook Strait in the coming months. Meanwhile, in most South Island districts the market for lifestyle property is at least holding steady. One stand out is Central Otago, where according to the Real Estate Institute, while the volume of sales for the three months to August 2019 is consistent with the previous year, the median price of lifestyle blocks has increased by 29 per cent. Further north, the market in districts to the north and south of Christchurch is faring better than in their Mid Canterbury counterparts.

10 New Zealand's leading rural real estate


2678 Shenandoah Highway, Murchison, Nelson

Very Motivated Vendors - 186 Hectares

Price by Negotiation

Peter Evans M 027 224 9798

pggwre.co.nz/NEL28237

Quality cattle grazing unit comprising mostly improved pastures with flat to easy terrain. Improvements include new fencing, gravity fed water supply, cattle yards, two three-bay sheds and a general purpose utility shed. Superb Maruia Valley location with river frontage and excellent rainfall. Viewing is strictly by appointment only.

Plus GST (if any)

Helping grow the country 11


495 Waiwhero Road, Ngatimoti, Nelson

Highly Productive Cattle Finishing - 45 Hectares

Deadline Private Treaty

Douglas Smith M 027 543 2280

pggwre.co.nz/NEL30968

45.3ha of premium grazing located close to Motueka. Includes a lovely four bedroom home in an elevated position, a wide range of farm buildings and improvements. Great bore water supply plus consent to irrigate 2.8ha. Formerly a dairy unit and in more recent years a Charolais beef cattle stud and top finishing unit.

12 New Zealand's leading rural real estate

Peter Evans M 027 224 9798

Plus GST (if any) (No Prior Offers) Closes 4.00pm, Thursday 31 October


153 Strachan Road, Ngatimoti, Nelson

Ngatimoti Grazing - 65 Hectares

Enquiries Over $1.565M

Douglas Smith M 027 543 2280

pggwre.co.nz/NEL30563

This 65ha grazing farm lies to the north in a sheltered and private valley setting. A mixture of rolling terraces, flats and medium hill, the property is suitable for both sheep and cattle. There is a modern three bedroom home, self-contained sleepout, three-bay hay shed and woolshed with cattle and sheep yards.

Plus GST (if any)

Helping grow the country 13


set to take off

KAIUMA BAY pggwre.co.nz/ BLE29675 | Greg Lyons - 027 579 1233

Pelorus Sound development growing in popularity. 14 New Zealand's leading rural real estate


Recent sales suggest interest in Kaiuma Bay, stage one of a 79 section subdivision at the top end of Pelorus Sound around 20 kilometres from Havelock in Marlborough, is set to take off. Greg Lyons of PGG Wrightson Real Estate, Blenheim, sold several of the properties through the winter and says the area’s attractions are gaining ever more serious appreciation. “This is the only development of its kind in the Sounds that can reached by road, rather than solely having boat access, and Kaiuma Bay is well located relative to the region’s two main centres, sitting 85 kilometres from Nelson and 60 kilometres from Blenheim. “A number of sections are available, ranging from around $180,000 up. Purchasers are generally interested in living permanently at Kaiuma Bay, retiring to the area or building an affordable bach. There is a good mix of people settling and others using it for weekends. Some families have moved in and schooling is easily accessible,” he says. Although the development was initiated several years ago by renowned Marlborough wine industry pioneer Peter Yealands, Greg Lyons says, like a good vintage, it will take time to come to full fruition.

Helping grow the country 15


“People who have built there tell me they feel it will fully take off in the next few years. This is a perfect spot for those who want to make the most of what the Marlborough Sounds has to offer,� he says.

16 New Zealand's leading rural real estate


Lot 52 Orapito Road, Kaiuma Bay, Marlborough

Sitting on Top of the Bay - 3,051m²

$180,000

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE29675

Looking for an affordable property in the Marlborough Sounds? Lot 52 Orapito Road is a great size section in the Kaiuma Bay subdivision with views across the bay. Only 55km from Blenheim Airport, 22km from Havelock or approximately 10 minutes by boat from the Havelock Marina. Power and sewerage connections available to the boundary.

GST Inclusive

Helping grow the country 17


Lot 7 Kaiuma Bay, Kaiuma Bay, Marlborough

Build in the Marlborough Sounds - 3,923m²

Enquiries Over $190,000

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE31107

This well positioned section in the Kaiuma Bay subdivision offers privacy, established trees and bush. With little site preparation required and the driveway access cleared, you can begin to build that dream home or bach straight away. With the marina so close all facilities are available. Power and sewerage connections available to the boundary.

18 New Zealand's leading rural real estate

GST Inclusive


15 Lawrence Road, Portage, Marlborough

Sun, Sounds and Simply Stunning - 1,275m²

Enquiries Over $550,000

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE31118

Located in popular Kenepuru Sounds near Portage is this well-positioned bach or permanent home built to take in the incredible views from the large deck. A huge garage/workshop plus plenty of parking for the boat and vehicles are hard to find and offer options for the future. Make your dreams reality in the Marlborough Sounds today!

GST Inclusive

Helping grow the country 19


181 Pine Valley, North Bank, Marlborough

Unique Marlborough Lifestyle and Farming - 50 Hectares

Deadline Private Treaty

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE31101

After 47 years ownership this sheep and beef property located only 42km from Blenheim is available. A large homestead with spectacular garden and stream, no resident neighbours and all bordering Mt Richmond forest park. Multiple sheds and infrastructure with 12 flat to rolling paddocks. Lifestyle and many income stream options.

20 New Zealand's leading rural real estate

Joe Blakiston M 027 434 4069

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday 14 November


704 State Highway 1, Koromiko, Marlborough

Rural Lifestyle Close to the Sounds - 21 Hectares

Enquiries Over $1.5M

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE30662

Our vendors are on transfer and offer for sale 'Totara Grove', 21ha of highly productive flat land located only 21km from Blenheim. A large four bedroom home and garaging plus many sheds offers options. Currently a beef unit with 20 paddocks, covered yards and calf rearing facilities all add up to a great lifestyle choice. Joe Blakiston M 027 434 4069

Plus GST (if any)

Helping grow the country 21


Starborough Creek, Awatere Valley, Marlborough

Large Plantable Area Including High Spec Dam

Price on Application

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE29477

Subject to survey, a large scale Awatere viticulture development property with an estimated 100ha of plantable area. The 300,000mÂł water take and the comprehensive 250,000mÂł storage dam provide a sound insurance policy. Comprehensive climate, soil and viticulture reports available call us today.

22 New Zealand's leading rural real estate

Joe Blakiston M 027 434 4069

Plus GST (if any)


4263 State Highway 63, Wairau Valley, Marlborough

Prime Large Viticultural Development - 131 Hectares

Price by Negotiation

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE30026

This 131ha sheep and beef farm in three titles surrounded by established Wairau Valley vineyards is an easy conversion to viticulture with its flat land, several easy to develop terraces and potential water storage sites including a water right to irrigate 110ha of grapes. Large scale blocks are selling so call us today to secure. Joe Blakiston M 027 434 4069

Plus GST (if any)

Helping grow the country 23


77 Peggioh Road, Ward, Marlborough

Rare Marlborough Farming Opportunity - 843 Hectares

Deadline Private Treaty

Greg Lyons M 027 579 1233

pggwre.co.nz/BLE30871

'The Hummocks' is a substantial 843ha (subject to survey) East Coast farming property located only 52km from Blenheim. This large scale sheep and beef property has a quality woolshed, sheep and cattle yards and a reliable water supply. Conservatively farmed for more than 50 years an opportunity not to be missed!

24 New Zealand's leading rural real estate

Joe Blakiston M 027 434 4069

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday 7 November


236 Kotuku-Bell Hill Road, Lake Brunner, West Coast

A Rare Opportunity - 688 Hectares

Deadline Private Treaty

Dave Becker M 027 222 5184

pggwre.co.nz/GRE30878

Subdivided into multiple titles featuring four large blocks. Two blocks are standalone while the other two blocks border each other. Mostly covered in Manuka scrub, moss and re-generating native bush with the opportunity for honey production, forestry or grazing.

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Friday 1 November

Helping grow the country 25


112 Purchas Road, Amberley, Canterbury

Elite Lifestyle Excellence - 3.4 Hectares

$699,000

Maria Rickerby M 027 563 1733

pggwre.co.nz/AMB30707

Imagine being the proud owner of this brand new four bedroom home. Sited on a rare 3.4ha in an awesome setting with a stunning outlook. So many features adorn this quality built home. There is great shelter on several boundaries plus the bonus of space and views. Come and view this fantastic home and lifestyle land package.

26 New Zealand's leading rural real estate

Mark Clyne M 027 531 2964

GST Inclusive


466 Loburn Kowai Road, Loburn, Canterbury

Great Location and Views - 80 Hectares

Price by Negotiation

Paul Tapper M 027 224 1300

pggwre.co.nz/RAN30460

This new four double bedroom home has been built and laid out with no expense spared – it boasts views from every window. Offering 80ha (or possibly less) of fully deer fenced land with easy access track throughout. With cattle and deer yards, multiple implement sheds and workshop plus self-contained cottage. The options are endless.

Plus GST (if any)

Helping grow the country 27


450 Loburn Kowai Road, Loburn, Canterbury

Great Views and Privacy - 8 Hectares

Deadline Private Treaty

Paul Tapper M 027 224 1300

pggwre.co.nz/RAN31124

Quality home and outlook approximately six years old 'post earthquake'. Four double bedrooms, spacious living, separate office or fifth bedroom. Attached triple garage plus three-bay shed. Sitting on attractive grounds with great views and privacy. Presently offered as 8ha of fully deer fenced land but could be more if you prefer.

28 New Zealand's leading rural real estate

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Wednesday 20 November


356 Carrs Road, Loburn, Canterbury

Larger Lifestyle, Landbank or Development - 42 Hectares

Deadline Private Treaty

Peter Crean M 027 434 4002

pggwre.co.nz/CHR31069

• 42ha larger lifestyle block in two titles just 8.5km from Rangiora • Three bedroom weatherboard home in an established setting • Two-stand woolshed, implements sheds, sheep and cattle yards • Unique opportunity to secure and develop now or in the future

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 24 October

Helping grow the country 29


252 Achray Road, Rotherham, Canterbury

'Achray' Impressive Finishing / Dairy Support - 418 Hectares

Deadline Private Treaty

Peter Crean M 027 434 4002

pggwre.co.nz/CHR31022

• 418ha of versatile and productive farm land in three titles • Combination of easy hill country and flats including 60ha of irrigation • Impressive farm infrastructure including six bedroom homestead • Ideally suited to a range of farming options including finishing

30 New Zealand's leading rural real estate

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 31 October


402 Trig Road, View Hill, Canterbury

Quality Foothills Deer / Cattle Property - 385 Hectares

Deadline Private Treaty

Peter Crean M 027 434 4002

pggwre.co.nz/CHR30886

• Excellent deer fenced property with all-weather tracks and laneways • Superior homestead as well as a cottage and quality farm buildings • Outstanding deer handling facility and cattle yards • A quarry on the property is leased out giving a regular income stream Sam Davidson M 027 488 8269

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 7 November

Helping grow the country 31


80 Johnson Road, West Melton, Canterbury

'The Lodge' - 4 Hectares

$880,000

Min Cookson M 027 249 5417

pggwre.co.nz/DAR30911

This Lockwood home offers open plan kitchen, dining, family room flowing out to a large deck, separate lounge with library/office and three bedrooms. Fully self-contained apartment, double garage with store room and lock-up work shop. There is a two-bay back to back shed, own well, five paddocks and very private with great shelter.

32 New Zealand's leading rural real estate

GST Inclusive


4 Piako Drive, Darfield, Canterbury

'Setlar Manor' - 5,000m²

$810,000

Min Cookson M 027 249 5417

pggwre.co.nz/DAR30921

Welcome to this desirable property set on a 5,000m² section. The home offers open plan living with separate formal lounge all flowing out to a north facing patio and garden. Four bedrooms, two bathrooms, office, laundry and internal access from a triple car garage. Beautifully presented with easy access into the city or airport.

GST Inclusive

Helping grow the country 33


Leeston Taumutu Road, Southbridge, Canterbury

Sedgemere - Versatile Cropping Property - 48 Hectares

Price by Negotiation

Sam Davidson M 027 488 8269

pggwre.co.nz/CHR30194

• 48ha irrigated bare land • Excellent cropping soils subdivided into five paddocks with a laneway for easy access • Consent to irrigate from two shallow bores for 30 litres per second until 2035 • Consent to farm issued until 2033

34 New Zealand's leading rural real estate

Plus GST (if any)


2 & 12 Earlham Street, Brooklands, Canterbury

Landbank, Development or Farming Options - 142 Hectares

Tender

Peter Crean M 027 434 4002

pggwre.co.nz/CHR30983

• 142ha of farmland in four titles within the boundary of Christchurch City • Three bedroom red brick home and associated farming infrastructure • Oozes potential with scope for purchasers to improve and enhance • Boost the current farming operation, land bank or earmark for development!

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 7 November

Helping grow the country 35


338 Birchdale Road, Masons Flat, Canterbury

Renowned Breeding & Finishing Unit - 660 Hectares

Deadline Private Treaty

Peter Crean M 027 434 4002

pggwre.co.nz/CHR31095

• 'Birchdale' 660.773ha flat to medium easy hill country • Currently carrying composite sheep and cattle, all stock finished • Two family homes and outstanding farm infrastructure • Birchdale is one of the districts most outstanding farming properties!

36 New Zealand's leading rural real estate

(Unless Sold Prior) Closes 2.00pm, Friday 8 November


2479 Rakaia Highway, Rakaia, Canterbury

Industrial Development or Land Bank - 23 Hectares

Tender

Tim Gallagher M 027 801 2888

pggwre.co.nz/ASH30951

23ha of prime land on Rakaia's south end with high visibility from State Highway 1. This is the last remaining undeveloped land zoned Business E and has an approved 18 lot subdivision consent with town supply water available. Potential railway support to Lyttleton Port's inland MidlandPort hub via a ten wagon railway siding. Robin Ford M 027 433 6883

Plus GST (if any) Closes 3.00pm, Thursday 24 October Buyer Enquiry Over $4,750,000

Helping grow the country 37


Rangitata Terrace Road, Ruapuna, Canterbury

Economic Scale in the Rain Belt - 380 Hectares

Price by Negotiation

Tim Gallagher M 027 801 2888

pggwre.co.nz/ASH31125

Who needs irrigation when you can farm economically without it! Approximately 380ha (subject to survey) sheep and beef country on the edge of the Rangitata River. Two homes, great farm buildings including covered yards, cattle facilities, numerous sheds and grain storage. Outstanding crop production and fattening property.

38 New Zealand's leading rural real estate

Robin Ford M 027 433 6883

Plus GST (if any) Coming to the market late 2019


551 Rangitata Terrace Road, Ruapuna, Canterbury

Premium Lodge on the Rangitata River - 49 Hectares

Price by Negotiation

Tim Gallagher M 027 801 2888

pggwre.co.nz/ASH31077

An ideal hunting/fishing lodge with river access to accommodate upmarket tourists or your private rural lodge for personal use. Just 128km from Christchurch International Airport and 21km from Geraldine sits this 49ha (subject to survey) block. Six bedrooms, huge entertaining areas plus internal self-contained one-bedroom apartment. Robin Ford M 027 433 6883

Plus GST (if any) Coming to the market late 2019

Helping grow the country 39


142 Hart Road, Pudding Hill, Methven, Canterbury

Scale and Splendor in the Foothills - 476 Hectares

Deadline Private Treaty

Tim Gallagher M 027 801 2888

pggwre.co.nz/ASH30667

Seldom do properties of this scale come to the market in the rain belt of the Canterbury foothills. 476ha (subject to survey) run as a cattle and lamb fattening operation with dairy support. Baseline of 69kgN/ha. Three dwellings and refurbished set of sheep yards. In multiple titles ranging from 67ha with various purchase options available.

40 New Zealand's leading rural real estate

Robin Ford M 027 433 6883

Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Friday 29 November 2019


362 Fairfield Road, Newland, Canterbury

Fairfield Road, Newland - 385 Hectares

$46,000 per Hectare

Robin Ford M 027 433 6883

pggwre.co.nz/ASH29197

Outstanding spray irrigated, arable, lamb finishing and deer unit 9km from Ashburton. Excellent water consents, 230lps from three bores plus 23lps of BCI water. Three-stand woolshed, covered yards for 1000 lambs plus other farm buildings with 1660T grain storage. Excellent homestead with swimming pool and tennis court plus second house. Tim Gallagher M 027 801 2888

Plus GST (if any)

Helping grow the country 41


89 Chisnalls Road, Hinds, Canterbury

Affordable Sheep Breeding on the Plains - 360 Hectares

Deadline Private Treaty

• 360ha sheep farm for sale for the first time since 1901 • Immaculately presented and traditionally farmed for four generations • Old homestead and a large array of farm buildings including covered yards • Baseline of 17kgN/ha with options to bring over scheme water/nutrients

Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Friday 15 November Offers Over $19,000/ha

Tim Gallagher M 027 801 2888

pggwre.co.nz/ASH30992

42 New Zealand's leading rural real estate

Robin Ford M 027 433 6883


219 John Talbot Road, Temuka, South Canterbury

For Sale

'Woodlands' - 451 Hectares

A well-developed medium to large scale 451ha dryland arable unit comprising the Flats Block of 142.5ha and the Downs Block of 308.5ha. Soils are well suited for intensive cropping or equally as well-disposed for pastoral farming. Three good homes and quality outbuildings support the farming operation. Purchase options available. Simon Richards M 027 457 0990

Peter Crean M 027 434 4002

pggwre.co.nz/CHR30882

Helping grow the country 43


Family Farming

INNOVATION

pggwre.co.nz/TIM30767 | pggwre.co.nz/TIM30768 Simon Richards - 027 457 0990 | Calvin Leen - 027 453 0950

South Canterbury farms selling after 95 years of family innovation. 44 New Zealand's leading rural real estate


A 640 hectare Pleasant Point, South Canterbury farm holding, Rock Farm and Moa Flat, is for sale after 95 years in the same family. Farmed since the 1980s by Herstall Ulrich and wife Aly, Herstall’s mother’s parents Geoff and Sybil Rich purchased the property in 1923. Herstall says innovation has always been important. “They were the first to buy a crawler tractor and the first to own a four wheel drive Land Rover. “When my parents Penny and Gerard Ulrich took over the farm in the early 50s it was a summer dry property so climate was the challenge, though the Korean War wool boom enabled them to buy more land,” he says. When pilots returning from World War Two pioneered top dressing, the Ulrichs opted for it to increase production, finishing lambs in early December to feed the English pre-Christmas market.

“That plant revolutionised what was previously a summer dry property. We now have 12 to 14 units per hectare, which is unbelievably high,” says Herstall.

When Herstall and Aly took over in the 1980s, times were challenging, with 20 per cent interest rates and a massive drought. They started innovating again when conditions became easier, putting in irrigation and becoming one of the first South Island farms to convert to a bull beef technograzing system. Decisions around pasture, going solidly towards Lucerne, also enabled significant stocking increases.

Now with decisions around succession looming, Herstall and Aly have engaged Calvin Leen of PGG Wrightson Real Estate Timaru, and his colleague Simon Richards, to sell their property.

finishing property, Moa Flat is mainly flat to rolling on excellent soils, with reliable irrigation. Both farms offer outstanding aesthetics,” says Calvin.

That prompted a shift away from breeding, utilising feed better by focusing more on finishing.

“Rock Farm is mainly of rolling to steeper contour expertly developed as a predominantly

Helping grow the country 45


1353 Pleasant Point-Cave Highway, Cave, South Canterbury

Retirement and Succession - 486 Hectares

Enquiries Over $4.8M

Calvin Leen M 027 453 0950

pggwre.co.nz/TIM30767

'Rock Farm' is run primarily as a diverse finishing, grazing and cropping operation. Buying and finishing outside the traditional fattening seasons maximises the returns from the use of high yielding pasture mixes. Two excellent homes plus sheds, cattle and sheep yards. An exceptionally well presented property and a proven farming model.

46 New Zealand's leading rural real estate

Simon Richards M 027 457 0990

Plus GST (if any)


78 Brothers Road, Cave, South Canterbury

Cropping, Finishing or Dairy - 150 Hectares

Price by Negotiation

Calvin Leen M 027 453 0950

pggwre.co.nz/TIM30768

'Moa Flat' is an intensive cropping, finishing and calf rearing operation that could be reinstated to a working dairy unit with consent to milk 360 cows. Features include a large dairy barn, feed bunkers, effluent system and irrigation via two pivots and guns. With two homes the versatility and options are endless. Simon Richards M 027 457 0990

Plus GST (if any)

Helping grow the country 47


373 Henriksen Road, Pleasant Point, South Canterbury

'Clifton' - 592 Hectares

Price by Negotiation

Simon Richards M 027 457 0990

pggwre.co.nz/TIM30406

'Clifton' is a breeding, forward store and finishing property of a rolling to medium hill contour with productive soils and better than average rainfall. The property has its own internal water supplies and daily farming practices are well supported by an array of buildings and yards with an attractive four bedroom homestead and sleepout.

48 New Zealand's leading rural real estate

Plus GST (if any)


180 Old Main South Road, Orton, South Canterbury

Turn Key Proposition with Yield - 573 Hectares

Price by Negotiation

Calvin Leen M 027 453 0950

pggwre.co.nz/TIM31075

'Waybrooke' is an established and well maintained tier one dairy unit that is selfcontained including an adjoining 83ha support block. Milking 1650 cows with a 1750 cow consent in place and operating under a closed livestock management system. Abundant irrigation water is supplied by multiple wells and Rangitata South Scheme. Simon Richards M 027 457 0990

Plus GST (if any)

Helping grow the country 49


2133 Duntroon Georgetown Road, North Otago, Otago

Waitaki Gem - Time to Harvest the Fruit - 6.5 Hectares

$750,000

Dave Heffernan M 027 215 8666

pggwre.co.nz/OAM29206

Located 29km inland from Oamaru with a unique micro climate and irrigation consent from Awamoko Stream. The three bedroom home is built to capture all day sun and is complimented with a full range of supporting buildings. Opportunity to expand the orchard and reap the reward of this years fruit harvest deserves your attention.

50 New Zealand's leading rural real estate

GST Inclusive Sold as a Going Concern


363 Peebles Siding Road, North Otago, Otago

Location, Cost Effective Irrigation, Production - 134 Hectares

Deadline Private Treaty

John Sinnamon M 027 457 0710

pggwre.co.nz/OAM31086

'Shalloch Dairy Farm' is a high performing Waitaki Plains dairy unit. Flat contour, fully irrigated via wide laser levelled borders, the farm has a centrally located 36 aside herringbone shed with Read plant plus in-shed feed system. Two homes plus single quarters. Historically produced 258,800kgMS from 495 cows 2018/19. Subject to survey.

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Thursday 24 October

Helping grow the country 51


1357 Georgetown-Pukeuri Road, North Otago, Otago

'Glenkerry' - Quality Dairy Farm - 195 Hectares

Deadline Private Treaty

Dave Finlay M 027 433 5210

pggwre.co.nz/OAM31109

In four titles with a milking platform of approximately 154ha. Flat to rolling contour currently milking 400 cows and producing 155,000kgMS. Friesian herd and replacements available for purchase. Herringbone dairy shed, DeLaval plant, calf rearing facilities and farm buildings. Two four bedroom homes with garaging plus a one bedroom sleepout.

52 New Zealand's leading rural real estate

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Tuesday 12 November


High country

HERITAGE

pggwre.co.nz/ ALE30740 | Shaun O’Docherty - 021 708 165 Mike Direen - 027 434 0087

Historic Central Otago high country station presents multiple options. Helping grow the country 53


A historic Central Otago high country property with 150 years of heritage is for sale. Comprising 2266 hectares, Happy Valley Station is 16 kilometres south of Cromwell. In 1946 Duncan Henderson’s parents Colin and Lillian purchased it, as he explains. “My father had returned from the war, though at that stage the place was seriously run down. Apparently the previous owners had mainly made a living catching rabbits, selling the skins and meat to a Cromwell rabbit processing factory,” he says. When gold was discovered in Cromwell in 1862, the district became the site of prospecting and mining and the remnants of old workings are still on the property. After Colin and Lillian Henderson bought Happy Valley Station it remained tough going. “My parents struggled for those early years, then, in 1952, the Korean War started and wool prices took off. Along with every other sheep farmer in the country, the family’s fortunes turned around,” says Duncan. They upgraded the property’s private irrigation scheme, which used a race built in the 1860s to take water to Bannockburn for gold mining. In 1973 Duncan and wife Rae took over the farm. Duncan’s experience on Matangi Station

54 New Zealand's leading rural real estate


persuaded him to change Happy Valley’s genetics more towards fine wool and they now run a pure merino flock. “That has fully paid off. We have contracts with Merino New Zealand supplying our wool to Italian suit makers, among others,” he says. After four and a half decades Duncan and Rae are now selling Happy Valley Station. Shaun O’Docherty and Mike Direen of PGG Wrightson Real Estate, Alexandra are marketing the property, for sale by private tender, with offers sought by 18 December.

Helping grow the country 55


302 Hawksburn Road, Bannockburn, Otago

Tender

'Happy Valley' - 2,265 Hectares

'Happy Valley' is a quintessential Central Otago hill to high country property producing some of the most sought after Merino fibre in the world. Located in the heart of Central Otago with its ruggedly beautiful landscape and stunning views this property also presents a great opportunity to venture into the fast emerging eco tourism industry. Shaun O'Docherty M 021 708 165

56 New Zealand's leading rural real estate

Mike Direen M 027 434 0087

Plus GST (if any) Closing 4.00pm, Wednesday 18 December

pggwre.co.nz/ALE30740


386 Agnew Road, Oturehua, Otago

Tender

'Fenlaw' - 890 Hectares

This property is well known for its high level of production running a combination of half bred and cross bred ewes plus replacements as well as fattening cattle. With a great balance of hill country, irrigated flats and dry land lucerne, all stock are finished to very good weights. This is a must view. Shaun O'Docherty M 021 708 165

Mike Direen M 027 434 0087

Plus GST (if any) (Unless Sold By Private Treaty) Closes 4.00pm, Tuesday 26 November

pggwre.co.nz/ALE30934

Helping grow the country 57


197 McAdie Road, Oturehua, Otago

Perfect Poolburn Starter - 130 Hectares

Price by Negotiation

Shaun O'Docherty M 021 708 165

pggwre.co.nz/ALE30885

Situated 23km from Omakau and 38km from Alexandra this very tidy property is ideal for someone looking to start their farming career or as an addition to a larger operation. Good improvements include a comfortable four bedroom home, garaging, three-stand flat board shearing shed, cattle yards and water. Plenty of potential.

58 New Zealand's leading rural real estate

Mike Direen M 027 434 0087

Plus GST (if any)


Drybread Road, Lauder, Otago

Lauder Grazing / Finishing Unit - 464 Hectares

$7M

Shaun O'Docherty M 021 708 165

pggwre.co.nz/ALE31045

Located in Central Otago in close proximity to Alexandra and Clyde. This property has been totally re-developed from the installation of pivot irrigators, fencing, lane ways, new cattle yards, regrassing and capital fertiliser and is now in good heart and would suit a variety of farming practices. Mike Direen M 027 434 0087

Plus GST (if any)

Helping grow the country 59


1056 Chatto Creek-Springvale Road, Alexandra, Otago

Deadline Private Treaty

'Springfield' - 230 Hectares

Everything about this property is quality. Great location with subdivision potential, very productive land under pivot irrigation, excellent improvements and very generous water quota. The attributes and character of this farm makes it one of the finest examples of its type in the Central Otago area and a must to inspect. Mike Direen M 027 434 0087

60 New Zealand's leading rural real estate

Shaun O'Docherty M 021 708 165

Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Thursday 21 November

pggwre.co.nz/ALE30452


90 Dalmuir Road, Ettrick, Otago

Dairy Run-Off or Finishing Unit - 131 Hectares

Tender

Craig Bates M 027 489 4361

pggwre.co.nz/DUN30940

Situated 14km from Roxburgh at Ettrick. Large four bedroom roughcast home. Very good set of buildings, 22 paddocks and approximately 25ha irrigated. Old stone building suitable for restoration or cottage industry. Currently run as a dairy support block or suitable for lucerne, horticulture and lifestyle. Dave Hardy M 027 533 2770

Plus GST (if any) (Unless Sold By Private Treaty) Closes 12.00pm, Thursday 31 October

Helping grow the country 61


515 Mount Barker Road, Wanaka Surrounds, Otago

Country Lifestyle Opportunity - 1.2 Hectares

Price by Negotiation

Trevor Norman M 027 435 5433

pggwre.co.nz/DUN30910

Solid four bedroom country style family home, open plan kitchen, dining and living areas, separate formal lounge, two bathrooms, en suite and double garage. Fenced into three paddocks with mature plantings. Overall, this property offers the ideal combination of location, lifestyle and superb views set in a private and peaceful setting.

62 New Zealand's leading rural real estate

GST Inclusive


Brough Street, Palmerston, Otago

Town Boundary Deer Lifestyle - 31 Hectares

Deadline Private Treaty

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN31113

Unique opportunity to purchase an often admired small deer unit on the Palmerston Town Boundary. Complete with deer shed and cattle yards. Can be purchased as one unit with a fantastic building platform or potentially as individual titles. Currently in four titles with one zoned commercial.

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Monday 18 November

Helping grow the country 63


269 Dukes Road, Mosgiel, Otago

$1.625M

More Than a Lifestyle - 36 Hectares

Situated in an excellent location just minutes from Mosgiel. Facilities include a woolshed/store shed, four-bay implement shed, cattle and sheep yards. Mainly deer fenced into 12 paddocks with lanes. The home is modern and fresh containing four bedrooms, two living areas, two large deck areas and is set in established grounds. Craig Bates M 027 489 4361

64 New Zealand's leading rural real estate

Roger Nicolson M 027 886 0618

Plus GST (if any)

pggwre.co.nz/DUN29432


389 Riccarton Road, Mosgiel, Otago

Taieri Dairy Farm or Beef Finishing Unit - 243 Hectares

Deadline Private Treaty

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN31078

In five titles (subject to survey) this self-contained Taieri dairy farm on 126ha has a lease to buy option. Three herd homes, adjoining three large silage pits and concrete pad area make wintering a breeze. 50 aside shed, 550 cows and a four bedroom home on a separate two hectare title. Craig Bates M 027 489 4361

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Friday 15 November

Helping grow the country 65


308 Taieri Peak Road, Meadowbank, Otago

Deer Farm East Otago - 125 Hectares

Price by Negotiation

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN27720

Four bedroom architecturally designed Oamaru Stone homestead, a superb family home and entertaining delight with sweeping lawns and mature well-manicured gardens plus outstanding views. Conveniently located to Palmerston Township. Woolshed, covered yards, deer facilities and cattle yards.

66 New Zealand's leading rural real estate

Plus GST (if any)


Riverside Road, Taieri Plain, Otago

East Taieri Beef Finishing - 84 Hectares

$2.03M

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN29100

Taieri land at $24,000 per hectare. Fantastic opportunity exists to purchase quality land handy to Mosgiel and the Taieri Plains. High quality soils with great fertiliser history. Suitable for beef and lamb finishing or cereal crop. Ideal for cut and carry silage block. Craig Bates M 027 489 4361

Plus GST (if any)

Helping grow the country 67


229 Hindon Road, Hindon, Otago

Hindon Sheep and Beef Unit - 608 Hectares

Deadline Private Treaty

Roger Nicolson M 027 886 0618

pggwre.co.nz/DUN31074

Ranging from good broad tops to rolling hill dropping to some gullies. Approximately 40ha bush and river faces with 70% of the property being cultivated. Well subdivided into 70 paddocks by a good standard of permanent fencing. Could be sold as two units each with a home, woolshed and sheep yards. Situated 35km from Dunedin.

68 New Zealand's leading rural real estate

Craig Bates M 027 489 4361

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Wednesday 20 November


142 Miller Road, Momona, Otago

'Mayfield Farm' - Taieri Plains - 60 Hectares

Deadline Private Treaty

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN30853

Ideal first dairy farm handy to Outram Township on the Taieri Plains. Near new home with 16 aside herringbone cow shed and numerous farm buildings. Producing up to 79,676kgMS from 170 cows. Two title options, 41 paddocks and modern layout. Perfect beef finishing unit also. Within minutes of Dunedin City and the airport.

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Wednesday 20 November

Helping grow the country 69


153 Dow Road, Outram, Otago

Taieri Plains Multiple Options - 153 Hectares

Deadline Private Treaty

Paul Thomson M 027 435 3936

pggwre.co.nz/DUN31030

Dairy farm with lifestyle options in six titles. Lot one: 65ha with 50 aside herringbone, two dwellings and 40ha lease. Lot two: 42ha building platform cattle finishing. Lot three: 45ha with dwelling in two titles. Lease to buy options: Beef finishing units with building platform options from 21ha to 43ha blocks. Total 153ha plus 40ha lease.

70 New Zealand's leading rural real estate

Craig Bates M 027 489 4361

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Thursday 14 November


759 Waitahuna Gully Road, Waitahuna, Otago

Waitahuna East Sheep and Beef Unit - 600 Hectares

Deadline Private Treaty

Roger Nicolson M 027 886 0618

pggwre.co.nz/DUN31056

Four bedroom home, main with en suite and two bathrooms. Subdivided by a good standard of permanent and permanent electric fencing into 40 paddocks plus holding paddocks. Currently running 5,000 - 5,300 top producing stock units. Three/four-stand woolshed and covered yards. Subject to survey. Craig Bates M 027 489 4361

Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Wednesday 27 November

Helping grow the country 71


COVER FEATURE PROPERTY

BARNHILL

pggwre.co.nz/INV30615 | Andrew Patterson - 027 434 7636

158 year farming family legacy for sale in Northern Southland. 72 New Zealand's leading rural real estate


David Thomas and his wife Julie took over Barnhill, the family farm just outside Lumsden, in 1969. Now a 1026 hectare extensive sheep, beef and deer unit, Barnhill is named after David’s great great great uncle, Thomas Lowther Barnhill, who arrived in Dunedin on 27 November 1859 following a four month voyage on the SS Cheviot from Scotland, accompanying a large consignment of pedigree sheep from the Scottish Borders. Thomas Barnhill was 20. He spent most of the rest of his life as manager of Castlerock Station, a 26,000 hectare pastoral run surrounding and including David and Julie’s property. His first arrival at Castlerock followed six weeks driving a mob of Border Leicester sheep from Oamaru over largely untamed country, with no road access and only a compass to guide the way.

Passing it on through

just four generations over 158 years, and keeping up with the times, allowed us to make the most of

the property

Once established, shipping the run’s wool to Invercargill required a bullock wagon drive down the Waimea Plains and across the Hokonui Hills, a round trip of at least two weeks. Falling wool prices in 1879 made station life difficult, initiating wholesale slaughter and the construction of boiling down works to reduce the large quantities of carcasses to tallow.

Helping grow the country 73


In 1882 the refrigerated shipping of mutton brought welcome relief, enabling Castlerock to diversify production. David says his family’s longevity has played a part in their farming success. “Passing it on through just four generations over 158 years, and keeping up with the times, allowed us to make the most of the property,” he says. Now they are selling, via Andrew Patterson of PGG Wrightson Real Estate, Invercargill, who says the property is a rare find. “Barnhill offers numerous farming options, which currently include ewes, breeding cows, forestry and dairy grazing, while it has previously also run deer. Properties of this scale, with so much potential and diversity, are seldom available in this location,” he says.

74 New Zealand's leading rural real estate


1277 Dipton Castlerock Road, Castlerock, Southland

'Barnhill' Sheep / Beef / Deer Unit - 1,026 Hectares

Tender

Andrew Patterson M 027 434 7636

pggwre.co.nz/INV30615

Four bedroom home with office. Full range of farm buildings including a four-stand raised board woolshed, large covered yards and deer shed. 330ha cultivated, balance of oversown and native tussock. 290ha deer fenced. PGG Wrightson are privileged to offer this long-held property 'Barnhill' to the market after 114 years in the family.

Plus GST (if any) (Unless Sold By Private Treaty) Closes 12.00pm, Thursday 5 December

Helping grow the country 75


331 Glendhu Road, Waimumu, Southland

Multiple Purchase Options - 304 Hectares

$5.25M

Derek Ayson M 027 667 9601

pggwre.co.nz/GOR29733

• Quality land in reliable farming area available as one lot or four separate lots • Suitable to run sheep, beef or as dairy support. Partially deer fenced • Private water scheme with two bores and a good array of farm buildings and yards • Approximately 15ha of mature pine plantations and comfortable four bedroom home

76 New Zealand's leading rural real estate

Darrell Duncan M 027 432 5767

Plus GST (if any)


337 Humphries Road, Waimumu, Southland

Well Located with Quality Homestead - 112 Hectares

Deadline Private Treaty

Darrell Duncan M 027 432 5767

pggwre.co.nz/GOR30975

In an excellent climate for fattening and grazing this property ticks all the boxes. A central lane ensures easy access with gentle rolling contour. Regular re-grassing after winter crops has underpinned strong farming performance. With a well appointed modern home this property will appeal to those with an eye for quality. Bill McDonald M 027 434 1928

Plus GST (if any) Closes 4.00pm, Friday 22 November

Helping grow the country 77


237 Koi Road, Waikoikoi, Southland

Opportunity of a Lifetime - 365 Hectares

$6.65M

Derek Ayson M 027 667 9601

pggwre.co.nz/GOR29422

PGG Wrightson are privileged to offer prestigious 'Greenbank' to the market. • Four-stand raised board woolshed and covered yards, numerous sheds plus workshop • Outstanding lane system and fences with its own private water scheme • Majestic two storied homestead nestled in park like surrounds located at Waikoikoi

78 New Zealand's leading rural real estate

Bill McDonald M 027 434 1928

Plus GST (if any)


453 Mataura Island Road, Mataura Island, Southland

Potential with Rich Soils and Barn - 136 Hectares

$4.4M

Andrew Patterson M 027 434 7636

pggwre.co.nz/INV30745

1970's three bedroom brick and roughcast home with two living areas and diesel underfloor heating plus older three bedroom dwelling. 40 aside herringbone shed with 400 cow yard, 420 cow loafing barn with self-feeding silage pad. Previously produced 150,000kgMS from 350 cows. Consented for 450 cows until 2027 with lined pond.

Plus GST (if any)

Helping grow the country 79


22 Davidson Road, Mataura Island, Southland

Calf Rearing and Finishing Opportunity - 94 Hectares

$2.1M

Andrew Patterson M 027 434 7636

pggwre.co.nz/INV30744

22 aside herringbone shed with 220 cow yard. Laned and water around farm, ideal for dairy grazing. Three and five-bay implement sheds and loafing shed. 75% flat contour. Four bedroom home is set in an elevated 1.2ha garden surrounded by over 100 varieties of Rhododendron and scattered native bush. Subject to survey.

80 New Zealand's leading rural real estate

Plus GST (if any)


Jacks Hill Road, Waimahaka, Southland

Semi Self-Contained Dairy Farm - 258 Hectares

$4.975M

Jim Fortune M 027 594 8346

pggwre.co.nz/INV29833

• 54 bail rotary shed with automatic cup removers and meal feeders • Two family homes, large calf shed, four-stand woolshed and covered yards • Fifth year conversion and consented until December 2024 • Rolling contour with potential to increase production. Subject to survey Andrew Patterson M 027 434 7636

Plus GST (if any)

Helping grow the country 81


120 Flora Road, Lumsden, Southland

Here's the Cake, the Icing is Yours to Add - 2 Hectares

Tender

Andrew Patterson M 027 434 7636

pggwre.co.nz/INV31138

• Two new developments with nine and 10 year leases plus ROR for 15 and 20 years • Retail and bulk store completed with fuel stop build to commence shortly • Situated on State Highway 6 to Queenstown. 1.39ha of prime land yet to be developed • $119,750 plus GST per annum with outgoings payable by tenant

82 New Zealand's leading rural real estate

Plus GST (if any) (Unless Sold By Private Treaty) Closes 12.00pm, Wednesday 13 November


Happy Valley Station

(see table of contents for more information about this property)

Helping grow the country 83


For outstanding results and unparalleled expert knowledge, talk to New Zealand’s leading rural, lifestyle and rural-residential property specialists today.

PGG Wrightson Real Estate Limited, licensed under REAA 2008

Back cover image: ‘Kaiuma Bay’

(see inside for more information about this property)

84 New Zealand's leading rural real estate


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