Rural Outlook Spring 2022

Rural Outlook

Spring 2022

Market update

Conrad Wilkshire General Manager Rural

In recent seasons, there has been clear data reflecting a significant upswing in rural sales. Reversing a constrained market from 2017 to 2019 as a result of a swath of environmental policy reforms, OIA rule changes, and regulatory pressure to deleverage rural debt. Our dairy sector absorbed the brunt of these pressures, highlighted in 2019 when dairy farm sales dropped to post-GFC levels despite significantly improving payouts.

So, where is the rural property market today? First, we probably need to consider the impact of current government policies and rising interest rates on our primary sector.

The most obvious is the current legislated ETS policy settings and associated forestry land use options for qualifying pastoral land. This ETS scheme has profoundly impacted the valuations of extensive pastoral land across the country; you have to go back to the mid-’70s and early ‘80s of the Muldoon era to find a comparable period of upward rural land revaluations. Back then, it was Livestock Improvement Schemes and Land Development and Encouragement loans, compounded by Supplementary Minimum Price Schemes, all of which was collectively capitalised into forward pricing of rural land that saw farm production assets grow at 20%+ pa. Noting inflation was running away at double digits over that period too.

The salient lesson for today is 1984, when the then Labour government deregulated the market almost overnight, rolling back all farm support, floated the dollar, and let farm interest rates rise to 20% p.a.

Consequently, pastoral valuations crashed by 1987. It was not until the government offered significant tax incentives in the early 1990s for new production forestry that pastoral farm valuations began to recover. Post-2000, it was the million hectares converted to dairy that had the most significant impact on sheep and beef land. Again, the DIRA Act of 2001 was the catalyst, resulting in the formation of Fonterra. On-farm sheep production has improved significantly since, and we export almost the same volume of lamb today (90%), with two-thirds fewer sheep compared to the 1980s.

This 2022/23 rural real estate outlook will be the hardest to pick in the last five years.

NZ Meat and Wool Board Economic Service Total Production Assets, nominal values vs. NZ Food Price Index,

Forestry, it could be argued, has not been the enemy many perceive of pastoral farming as the competition for rural land underpinned farm valuations for decades, keeping loanto-value ratios in check. All ships rise on the incoming tide, and this current ETS policy has been a game changer for hill country farm valuations nationwide. But realistically, how long do we think this can last?

The ETS scheme is the most significant market distortion in 40 years, and it’s not going to last forever. The reason we can be so confident of this is quite simple: it was a government policy that created the ETS, and it will likely be a government policy that drastically alters it. We’ve seen signs already this year, as policymakers initially sought to make changes to various ETS forestry settings, particularly around permanent forests, which was then followed by a backdown. Mainly because the property rights associated with carbon sequestration are now much better understood by landowners, notably Iwi, who would have been significantly impacted, given the scale of their land holdings and the long-term stewardship view of their whenua.

However, the political drivers for a change in ETS policy have not gone away, and momentum appears to be building for a change from the current “plant and pollute” policy, as recently described by Climate Change Commission Chair, Dr Rod Carr.

Our view is the same as last season; this is a short-term ETS window for pastoral farmers and for those looking for a farm exit; the inevitable correction is likely to be significant; however, it probably won’t be a crash in values like 1987. Instead, there will be an adjustment where the volume of farm sales reduces significantly. It could take several seasons before vendors are prepared to meet the market again.

Nothing really drops, given a robust commodity cycle and improved production but equally, very little sells unless there is a genuine motivation to do so.

Pastoral sheep and beef farming is in good heart, generating record export receipts; none of this has come easy. Long run, these properties will continue to grow in value, but those contemplating an exit in the next 2-3 years might want to bring the family conference forward. This is the same advice as we offered up last year, but probably don’t wait for Christmas. Much of this will come down to confidence in the home team running the farm, labour constraints, and general frustration with bureaucracy and central government policy red tape. Recent hill country capital gains are without precedent. However, the current cost of borrowing will be a much more significant factor weighing on farmer purchase decisions. So, if forestry conversion slows as many anticipate it will, farmer-tofarmer transactions will have to reflect the significantly higher cost of borrowed capital.

All indications are that ongoing banking support for new rural loan applications continues, and the deleveraging of recent seasons, particularly our dairy sector, places our farmers and growers in a much stronger position compared to the last decade. Interest rate hikes will continue to bite, and some farmers I have spoken to recently are now paying double the interest costs compared to the same time last year. These interest costs, combined with double-digit on-farm inflation, impact the market. For the month of August, farm sales are back 30% on the same time last year, and the rolling 12-month average is back 220 farm sales to 1349 farms sold. Rural values, however, are holding up well, with the market overall up $486m to $4.5b, the best overall rural market result in the post-GFC era despite reduced farm sales activity.

Government policy constraining RSE schemes has hit horticulture production hard and hopefully will improve soon, but it all appears very slow with more cost and red tape. Kiwifruit orchard sales are likely to come off recent seasons ‘momentum buying’ as returns moderate and the real costs of operating rise. However, we continue to see genuine buyer interest for horticultural production systems but expect to see some adjustment in valuations on last season to complete sales.

NZ Rural Sales by Number and Sales Value (20ha+) Calendar Years 1996 to 2021

This season the geopolitical risks, knockon impacts on supply chains, and an international energy crisis all speak to strong inflationary pressures continuing, not to mention pulling back record monetary policy stimulus packages in response to the global pandemic. While inflation is never welcome, historically, our farming sector assets have performed well over these periods; the real value of the debt is devaluing, and the ‘cost of food indexes’ tend to follow the inflation cycle. Hence farmgate returns tend to track up, and inevitably these returns are capitalised into farm asset values over time. In closing, our business takes great pride in maximising the full value of our farmer and grower assets. This current season the discipline of anticipating buyer information requirements will be a prerequisite to concluding contracts, ensuring they have complete confidence in the representation of the property.

For rural and lifestyle property advice from a national team of committed salespeople, supported by our expert marketing team, right across New Zealand, call 0800 367 5263 or visit pb.co.nz.

Conrad Wilkshire General Manager Rural Property Brokers Ltd

The ETS scheme is the most significant market distortion in 40 years, and it’s not going to last forever.”

Embracing the unconventional

by Tim Cronshaw of Allied Press Image © Dairy NZ

Rhys Roberts isn’t shy about stepping outside of conventional thinking when it comes to mainstream dairy farming. He leads a company that’s put a market garden in the middle of a Mid Canterbury dairy farm, placed half of it in regenerative farming, and lets their staff choose their own flexible rosters.

Chosen by the judges as the winner of the 2022 New Zealand Zanda McDonald Award, Rhys impressed with his strong focus on a lower environmental footprint and the wellbeing of his two-dozen staff.

As the chief executive of Align Farms, Roberts leads a business with a peak staffing of around 30. A current trial of regenerative practices is running on one of the Align farms, with 148ha farmed conventionally and 148ha being farmed regeneratively.

“There are two vats, two herds, two everything, and we compare the data to get true and accurate data on the effects of low-impact farming - from milk production, grass growth through to profitability. All that data is shared on our website weekly.”

He said that the autonomy is what attracted him to Align Farms and is why they are still there ten years on.

Continuing, “For us, it’s about living by the values. We’ve been led by values from the heart around low-impact farming, being responsible stewards, and working together as one team for the betterment of everyone.

Praising his wife, Kiri, who’s managed the Align Clareview farm for the past five years for much of his development, Roberts said, “My wife is pretty critical with what I do,

and we do. She drives me pretty hard, and I couldn’t do half the things we do without the team here. You have to credit the team because they are critical.”

Some important lessons, such as dropping stock rates while improving per cow performance, are coming out of the trial. Others include the merit in diversifying pastures resulting in the reduction of N fertiliser. N can be reduced in a dairy system by increasing legume content and not simply relying on clover. The other is longer grazing rounds.

“We’ve got 20 years of conventional experience and 20 minutes of regen experience, so it should be more profitable. We’ve got some work to do there, but that’s what we’re about as a trial [to find out] what are some of the levers to pull to lift profitability.”

Roberts said staff wellbeing is important, and his passion for “future workplaces” has led to introducing a market garden and fully flexible rosters.

The market garden was established because of a vision within the business to supply its team with 60% of their diet onfarm, not just milk and meat.

The surplus is sold commercially in farmers’ markets, by eCommerce platforms, or through word of mouth.

Roberts said that the team were all on fully flexible rosters and could manage their own schedules, choosing shifts that suited them. That freed them up for about 1000 hours combined per year, which they reinvested in the community.

“At the end of the day, regen and sustainability are just words - we want to put some data around those words,” said Roberts. “And we’re seeing enough to keep us interested. If it wasn’t working, we wouldn’t be bothering with it.”

There are two vats, two herds, two everything, and we compare the data to get true and accurate data on the effects of low-impact farming.”

This coveted trans-Tasman award recognises future leaders working in agriculture, and provides them with unparalleled opportunities to learn, network, experience and grow.

Zanda McDonald was a prominent identity in the Australian beef and livestock sector who was committed supporting young people in the industry. He died in in an accident in 2013 at just 41 years of age. In 2014, to continue his legacy, the Award was born.

We’re proud to sit alongside other sponsors in Australia and New Zealand, to support this very special award. By investing in the Award, we’re investing in future leaders in agriculture, and helping to provide them with unrivalled development opportunities for personal and professional growth.

We’re thrilled to introduce you to the six finalists of the 2023 Award. One winner will be chosen from each country, and both will receive an impressive personal development package, including a fully personalised mentoring trip in both countries, $10,000 worth of tailored education or training, media coaching, and other mentoring and industry opportunities.

We wish them the very best of luck.

2023 Award Finalists

The New Zealand finalists are Harriet Bremner, 33, author and health, safety and wellbeing advocate for Rural New Zealand, and farmer at Jericho Station, Southland; Jacques Reinhardt, 34, Station Manager at Castlepoint Station Wairarapa; and Monica Schwass, 31, Future Farming Manager at The NZ Merino Company, based in Christchurch.

The Australian finalists are Charles Vaughan, 29, Queensland Operations Coordinator/ Group Veterinarian for Australian Cattle Enterprises and Director of Charles Vaughan Veterinary Services Pty Ltd; Mitch Highett, 33, Founder and Managing Director of farm management company Bullseye Agriculture, from Orange NSW; and Sarah Groat, 34, Development Officer for government Agtech programme “Farms of the Future”, for the

Department of Primary Industries, who lives on the family farm near Rankin’s Springs NSW.

Richard Rains, award Chairman, says the judges were thrilled with the variety and calibre of applicants for this year’s award, from across the broader agricultural spectrum.

“Going through the applications is always such an exciting process for us, as we get to see the level of passion and talent that lies within our next generation of ag leaders. It’s been a tough job narrowing this year’s applicants down to just six individuals, but we’re delighted with the capabilities of those we’ve selected They’re dynamic, and full of drive and ambition. We’re looking forward to meeting the finalists face-to-face for interviews, and to get to know them a bit better.”

“The absolute highlight is being able to provide our finalists with unparalleled opportunities to learn, network, experience and grow. We’re very grateful to our fantastic partners for their ongoing support, who enable us to make this happen.”

Apply for the Zanda McDonald Award

If you’re aged between 21 – 35 years, making a difference in agriculture, and keen to further develop your skills, apply for the Zanda McDonald Award.

To find out more, head to www.zandamcdonaldaward.com

At Property Brokers, we have an unwavering commitment to making a difference to the rural communities we serve. So we’ve partnered with the Zanda McDonald Award.

Top left to right - New Zealand Finalists, Harriet Bremner, Jacques Reinhardt, Monica Schwass Bottom left to right - Australia Finalists, Charles Vaughan, Mitch Highett, Sarah Groat

Dairy Spotlight

with Tim Bishell, Farmlands Co-operative

Confidence in the New Zealand dairy sector remains high.

Confidence is high in the New Zealand dairy sector as global disruptions hamper its competitors’ ability to supply the market, and consumer sentiment increasingly favours pasture-based milk production.

The Situation and Outlook for Primary Industry (SOPI) June 2022 report forecasts dairy export revenue to increase 13 percent to reach $21.6 billion in the year to June 30 despite an estimated 4 percent decline in milk production.

Fonterra’s farmgate milk price hit a record number at $9.30/kgMS, excluding a dividend of 20 cents per share. And guidance for this season is still tracking at $9+/kgMS.

NZX Dairy reported August milk production has crashed 4.9%, and onfarm conditions remain tough across many parts of the country, with labour and input costs continuing to impact NZ dairy production this season.

Current New Zealand supply constraints will be closely followed over the coming months, notably through GDT trade results and futures markets.

All dairy product categories except infant formula are forecast to outperform their 5-year average in terms of export earnings. This increase in exports is driven by a reduced supply from key dairy exporting regions and firm demand for dairy from importing nations.

Strong export revenue comes in the face of headwinds, especially from rising farm input costs, labour shortages, high freight costs and ongoing supply chain disruptions.

Helping to navigate some of those headwinds is Farmlands’ Tim Bishell and his team. Tim, Head of Merchandise – Animal Nutrition and Health, says field staff are working with the dairy sector to plan ahead as much as possible to cope with these market dynamics.

They know the drill, with supply chain disruption now all too common. In 2021 one of the significant challenges was magnesium. Since the 1970s, when a deficiency was identified, supplementing dairy cows with magnesium in late pregnancy and early lactation has become routine on most New Zealand farms.

Fonterra’s farmgate milk price hit a record number at $9.30/ kgMS, excluding a dividend of 20 cents per share. And guidance for this season is still tracking at $9+/kgMS.”

All was well until COVID-19 impacted import supply lines from Australia and China. Shipments from Australia were substantially delayed, and China, which accounts for 87 percent of global magnesium manufacturing, slowed output to a trickle in 2021 as part of its efforts to reduce domestic power consumption amid rising energy prices.

The solution this time is the same as it was then - Tim and his team are planning many months ahead and getting supply commitments for key inputs 6 to 12 months out. It’s not just price but certainty of supply as well.

As the international dairy market tightens, consumer expectations are rising, both around animal welfare and sustainability. This places New Zealand in a favourable position, with Kiwi dairy farmers already having the world’s lowest carbon footprint, due in large part to our pasture platform and productivity gains. Farmlands’ nutritionists and agronomists continue to work on supplements and forages that complement the pasture platform, optimising and balancing it at key times in the season.

Their feed formulations are then manufactured at FeedSafeNZ certified sites to ensure the highest quality and controls through the supply chain.

One trend Tim is seeing is the growing use of blends and pellets as part of a balanced feed plan. There’s a move away from using straight-feed commodities, such as PKE, to the more targeted use of customised blends designed to address specific nutrition needs across the dairy cycle. Energy and protein are invariably key factors; however, such feeds also allow for the precise addition of animal health requirements like vitamins and minerals.

Tim stresses that chasing production intensity is not the ultimate goal - that remains healthy, well-fed animals producing high-quality milk in a pasture-based system.

The June 2022 SOPI report also identifies our freshly-inked free trade agreement with the UK as a cause for confidence in the dairy sector. Tariffs will be eliminated over five years for butter and cheese, with substantial new duty-free quotas. Many other dairy products will also become tarifffree at entry into force of the FTA, expected this year, with the remainder over three or seven years.

Market set to operate at similar levels to last season.

New Zealand dairy sales continue to track on similar levels to last season in terms of the number of sales, 266 for $1.4 billion. The dairy median price/ha on a rolling 12-month to August 2022 period is now $41,700, which is 23% ahead of the same time last year.

We continue to see quality dairy listings coming forward this season. Supported with good inquiry, the cost of borrowing this season will be a key consideration for buyers and likely to moderate last season’s valuation gains. We believe the market will operate at similar levels to last season.

However, farms that don’t have their compliance processes well documented are likely to be discounted by buyers. We continue to work hard with vendors in anticipation of these market requirements.

With a proven team of rural specialists on the ground supported by an expert marketing team, right across New Zealand, Property Brokers is very well placed to assist you; call 0800 367 5263 or visit pb.co.nz today.

NZ Dairy Sales by Number and Sales Value (20ha+) Calendar Years 1996 to 2021

$2,000,000,000 $1,800,000,000

$1,600,000,000 $1,400,000,000 $1,200,000,000 $1,000,000,000 $800,000,000 $600,000,000 $400,000,000 $200,000,000

Tim Bishell Farmlands Co-operative

The dairy median price/ha on a rolling 12-month to August 2022 period is now $41,700, which is 23% ahead of the same time last year.”

Coast Road

231 ha - Babylon Coast techno

Retirement brings the sale of this outstanding block. Sick of mud but still want exceptional production on sand country?

Farmed a lifetime by a dedicated thinker, this farm changed from sheep to a techno system 25 years ago and has proven the production model with year in, year out returns that have shown consistency and ease of management.

231 ha fenced in lanes and cell systems make farming a simple and pleasurable experience with ease of stock movement and spread fertility by the constant stock movement. Proven success with a highly desired area to live in, which will blow you away with being three minutes to drop your long line off the beach or eight minutes to the magnificent Kai Iwi lakes for your water sports or even just a fresh water swim.

House has four bedrooms and sunken lounge looking back over the property. Three bay lockable shed and seven bay implement shed with one bay lockable and woolshed, a great area to store equipment and sealed off from unwanted visitors.

Tender

Omamari

224 ha - Investment that won't break the bank

Farmers seeking retirement after 32 years, offering this hard to come by sheep and beef block. Ideal opportunity to get started in your sheep and beef farming career or take the opportunity to invest in Carbon and Forestry production.

Situated within 66 km of the port and only 17 km to the nearest town of Dargaville and 45 km to the city.

Centrally raced with woolshed (great for calf rearing) and cattle yards. 30 ha replanted after a successful harvest for the farmer. Has 32 ha of flats used for lamb fattening. Heaps of options for a farm of this size.

Four bedroom house with kauri floors. Plenty of garaging. Lovely home. Option of purchasing land only or the lot.

Tender

Thu

2022

Pukehuia

Pukehuia Road

Bay

13.79 ha - When life gives you lemons and avocados

A magnificent block of ~13.8 ha in two titles with dual access in a desirable growing area. Offering mature Hass avocados and lemons providing a dual revenue stream with additional land for further planting. The gentle contour production orchard with circa 3.7 ca/ha of Hass avocados and circa 4 ca/ha of lemons (Meyer, Yen Ben) has a good crop for the coming season. The orchard is in great health and fully irrigated from a consented bore on the property with plenty of storage space in two good size sheds. With two titles you have the luxury of building one or two dwellings (pending council approval) with private harbour views towards Bowentown.

This production orchard offers multiple options and opportunities for the new owner. Continue with the status quo or develop this prime horticulture land into another cash crop. Land holdings of this size unencumbered with a dwelling are a rare find in this sought-after location. The seller has a genuine desire to move on, call today.

Horticulture Spotlight

with Mark Daniels, Farmlands Co-operative

The Situation and Outlook for Primary Industry (SOPI) June 2022 report forecasts horticulture export revenue for the year ending June 30 to increase 2 percent to $6.7 billion. By June 2025 it is forecast to grow to $8 billion.

That optimism is underpinned by consumer demand for fruit and wine remaining strong despite COVID-19 disruptions.

While anticipating good export volumes of kiwifruit and wine for 2022, the authors noted the effect of bad weather on apples, pears and some vegetable production. Labour supply also remains an issue.

Farmlands’ Head of Horticulture, Mark Daniels, says good operators on good properties will cope with such headwinds and find a way through.

“It’s about sticking to the fundamentals of growing good crops,” he says.

He sees several factors pointing to growing horticulture exports. As the world’s population grows and food demand increases, discerning consumers are choosing food that is healthy and nutritious. Vegan and plant-based diets are on the rise. Breeders are developing varieties that meet modern consumer preferences.

The sector’s low carbon footprint and greenhouse gas emissions also give the sector an advantage over others, particularly livestock.

Innovations in automation, both in the field and in packhouses, are bringing efficiency gains as well.

Mark says these factors will contribute to the success of the combined industry and government plan that aims to lift horticulture farmgate returns to $12 billion by 2030. Progress with tariff reductions and free trade deals will be key to improved grower returns.

Since the report, quality issues in some markets with gold kiwifruit have knocked returns. Mark says Zespri is taking a robust approach to resolving the issues.

He sees a bright future for the sector, with Farmlands a key partner in that success.

Mark Daniels Farmlands Co-operative

Not every season is destined to be a great one

Horticulture sales are likely to come off recent seasons’ momentum buying as returns moderate and the real costs of operating rise, though improved access to RSE workers this season will assist. Kiwifruit has had a particularly tough production year quality-wise; however, we continue to see genuine buyer interest, albeit more measured. While the underlying sentiment is still positive for horticulture, we expect some adjustment in last season’s valuations to complete sales across most orchard production categories.

As the market transitions, a specialist in your corner has never been more critical. Partnered with Farmlands, Property Brokers offers shareholders unrivalled access to an extensive range of technical and expert resources when taking their orchards to market.

If you needed any reason to list with Property Brokers, our relationship with Farmlands would be number one.

Let’s talk about your property; call 0800 367 5263 today.

Horticulture is facing the same supply chain and shipping cost issues as every other export sector. Times are tough but growers are resilient by nature and for those who can rise to the challenge the outlook is positive.

4.06 ha - Harvest, rent, Airbnb - you choose

Conveniently close to Katikati, this established avocado orchard offers multiple revenue options. Tucked away amongst the trees is a cosy four bedroom family home (rent appraisal $700 - $750/week) with an internal access garage big enough for all the toys. The spacious living area has great indoor-outdoor flow to a fenced garden perfect for small children or pets.

Covering 2.5 ha of the 4 ha property, the orchard consists of 320 trees ranging between 15 - 20 years old. The current owner's careful tree husbandry is reflected in the healthy state of the trees which have shown relatively consistent and increasing production over recent years. An impressive newly refurbished 150,000L irrigation system provides winter frost protection and summer irrigation. There is genuine intent on the vendors behalf to move on; if you’re looking for a lifestyle offering options and opportunities you should definitely put this flourishing orchard on your list to view!

Bay of Plenty

4.85 ha - Awakeri gold

Situated 2.8 km from the village of Edgecumbe you will find this golden nugget. Total land area is approx. 4.85 ha of flat fertile land. Within this, there is approx. 2.47 ha of G3, along with approx. 0.60 ha of newly grafted Zespri RubyRed. The orchard is fully irrigated from its own bore that has a large cubic metre consent. There is also county water connected. There are well maintained pergola AG beam structures and excellent well maintained natural shelter belts. A council consent has been issued for a four bedroom dwelling, plans available. Having produced an excess of 18,000 trays per canopy hectare, this will be appealing to any serious buyer.

Edgecumbe

Bay of Plenty

10.01 ha - Exceptional family lifestyle

Escape to the country with 360° rural / Kaimai views. The easy-care brick home is positioned to capture all day sun. Easy indoor, outdoor flow and wrap around covered verandas. The master bedroom features an ensuite and large walk-in wardrobe. There’s an additional three bedroom home which is currently rented. The cute cottage, set in immaculate gardens, has been recently renovated.

A well sheltered orchard of 2.5 ca/ha Hayward on sound structure. Water to the property including irrigation is from the river (consented) via electric pump. 180 mature Hass avocado trees provide another revenue stream to this outstanding property. The river boundary and surrounding park like area is perfect to take some time to relax and swim in one of the waterholes. There is room aplenty and this property makes a stunning backdrop for picnics, weddings or just a gathering of friends and family. All the hard work has been done for you! This wonderful property should be viewed now.

Tahawai

Bay of Plenty

40.33 ha - Paengaroa prime property, Bay of Plenty

Amongst arguably New Zealand’s best horticultural land, this prime property abounds in options including horticulture, deer and cattle farming, tourism and forestry. Free draining Orthic Allophanic ash soils of volcanic origin and approx. only 60 metres above sea level is perfect horticulture land on approx. 18 ha of flat and very gentle contour. There are some established young avocados that could be continued or converted to the lucrative Gold Kiwifruit. Or perhaps a retiring farmer could farm cattle or deer as the property is fully deer fenced with a river boundary and a bush block. Buildings consist of two main homes plus two cottages, modern deer yards and three implement sheds. Sea views are extensive out to Mayor and Motiti Islands and beyond. They don’t come much better than this prime property in a prime location. Be quick.

8.26 ha - Lifestyle kiwifruit

The lifestyle with income everyone looks for. Enjoy a solid kiwifruit income from approx. 2.05 ca/ha of Hayward Kiwifruit, with a further 0.26 ha approx. of Bruno rootstock for grafting to your choice of cultivars. Graze some livestock on the 5 ha approx. of pasture while enjoying the new home thoughtfully sighted in an elevated setting with soul soothing rural views from your large north facing deck.

Support buildings include an 'as new' three bay implement shed with power and concrete floor, small steel cattle yards and a basic transportable cabin. Water is from your own bore, altitude is only 125 meters, with good Ag beam structures. Total area 8.26 ha approx. With room for further improvement to production, this is the entry level kiwifruit lifestyle everybody has been looking for.

Bay of Plenty

Investment opportunity, The Village, Omokoroa

An exciting new village development at Omokoroa is here! This development is a rare opportunity to acquire brand new tenanted investments in a superb location. Set on a peninsula in Tauranga Harbour, Omokoroa is sought after for coastal living and is one of the fastest growing regions in the Bay of Plenty.

Great entry level commercial investments available now, including retail, office, cafes and a gym. The development is due for completion in Q3 2023. This outstanding development is designed to cater for the substantial population growth of the Omokoroa community.

Investments start from $650,000 with brand new 6 year leases in place with annual rental growth. Call today!

Omokoroa

Bay of Plenty

5.08 ha - G3 kiwifruit - gold location

Located only minutes from Papamoa and Te Puke, this orchard has been developed to a very high industry standard, extensive infrastructure and complimented with two homes. The property consists of 5.08 ha with 4.17 ca/ha of G3 kiwifruit, the first crop harvested in March 2022. Completing the property is an independent bore and town supply water, five storage tanks, good load-out area, staff lunchroom, two frost fans, established and ready for a long and profitable future. The two storey main home is substantial with four bedrooms plus office and three bathrooms. The second home has three bedrooms with one bathroom. This orchard will appeal to the discerning buyer wanting to enter into the kiwifruit industry, add to their existing property portfolio or as an investment property to be run under management.

10.20 ha - Entry level kiwifruit lifestyle

If you are looking for a lifestyle with income, this property offers it all and more, complimented by two well appointed homes. Planted in 2014, there is 1.87 ca/ha of Hayward Green kiwifruit. Independent water bore with further allocation available. The main home is brick with three bedrooms, the master having an ensuite and walk-in wardrobe, free standing fireplace, and great indoor-outdoor flow, complimented by the Flare outdoor fire. The second home has three bedrooms, double glazing, fireplace with wetback and is perfectly positioned away from the main home for extra income as a rental or family overflow. Endless opportunities, expand the orchard on the extra 2.2 ha (approx) which is contoured, market garden or male kiwifruit for pollen harvest, while still having enough grazing for the family pets.

Te

Amanda

Pongakawa 1491 Pongakawa Bush Road

Amanda

Bay

4,599 m2 - Country living for busy lives

Beautiful family home in an easy care approx 4,599 m2 private, safe, and peaceful country setting. Spacious and warm, with four bedrooms and three bathrooms, double glazed, and with solar and a wetback from the log burner. A well designed kitchen with scullery, separate laundry, basement media / games room and large double garage with extra storage provides excellent livability. Second master bedroom offers Airbnb potential, should you wish to have extra income or combine with extended family. 9 m x 9 m shed provides work from home options. Spend your home time doing what you enjoy with easy access to the great outdoors in your immediate area. The Crossing at Tauriko, Rotorua and Te Puke are all approximately 25 minutes away. The current owners have raised their family here, sending their children to the local Kaharoa School and to Bethlehem. School buses stop at the gate. They have loved living here and you will too. Make the most of this rare opportunity!

Bay

Bare land bounty!

This property harbours epic

outstanding

to

and

could consider carbon farming, drystock,

Property will be sold subject to title. This bare land block is anything but plain,

and more! Contact agent for viewing times. Price +gst if any.

Bay of Plenty

78.82 ha - Neat as a pin, entry level dairy farm

Exceptionally tidy 78.82 ha seasonal

located at Rerewhakaaitu. The

is flat to gently rolling in contour. Housing is well catered for by a very tidy four bedroom main home with detached garaging set in immaculate garden environment. A three bedroom cottage and garaging are located nearby. Farm infrastructure includes an 18 ASHB shed, De Laval plant with electronic pulsation and various multi bay implement and calf sheds.

The farm is subdivided into approximately 40 paddocks that are connected by a 1.5 km central race system. Consistent production is a feature of this property with a three year average of 70,201 kgMS. Soil type is the easily managed Taupo Ash. This is a picture postcard, entry level property that will be hotly contested.

Rerewhakaaitu

Bay

127.12 ha - Dairy with options

Located within the highly regarded Reporoa Valley, this 127.12 ha property has approximately 113 ha of effective area. The property has six titles (two lifestyle titles) that allow for multiple options. Production average for the last three years is 122,011 kgMS (1,080 kgMS/effective ha). Contour ranges from flat to gently rolling with a small area of moderate hill.

Improvements include a tidy four bedroom home with single accommodation in the adjacent double garage. Farm infrastructure includes a 28 ASHB milking shed, Waikato plant and in-shed meal feed system. Four bay half round implement shed with various other shedding, as well as a 750,000 litre Kliptank effluent storage system with the ability to irrigate 35 - 40 ha. Water is supplied to the property from the Reporoa Community Water Scheme. This is a property that has multiple potential land use configurations and options.

Tender

Bay of Plenty

184 ha - Premium property, prime location

A well respected 184 ha dairy unit with very good contour and a comprehensive range of buildings only 25 minutes south of Rotorua in the Rerewhakaaitu District.

This farm has been nurtured and developed by the Vendors over the last 21 years to a farm that delivers and achieves consistent levels of production. The farm with its 184 ha of mostly flat to gentle contour, produces around 200,000 kgMS from 520 cows with approximately 524 tonne of palm kernel and meal blend introduced as brought in feed. The property has a good range of farm infrastructure including a 47 ASHB, implement sheds, calf sheds, workshops and a lined effluent storage pond.

Housing is very good with a nice four bedroom main home with a step down lounge and ample open plan kitchen and dining room area. The second home is a modern three bedroom brick dwelling and the third home is an older four bedroom weatherboard home.

Rerewhakaaitu

Bay of Plenty

Matea

348 ha - 'Rawiri Farm'

Located a 25 minute drive southeast of Taupo, 'Rawiri Farm' has been diligently developed into a high performing lamb and beef finishing unit over the owner's forty year tenure. A focus on restoring wetlands and developing riparian areas has greatly enhanced the aesthetic appeal of the farm.

The 318 ha in pasture is subdivided into 65 paddocks with reticulated bore water. Contour is 70% flat, the balance easy rolling hill with some steeper faces. The free draining pumice soils have excellent fertility levels, and forage crops have been utilised for winter grazing.

The last four years average production is 358 kg of meat produced per ha with 9,150 lambs and 980 cattle killed. Stock handling facilities include a three stand woolshed and very good sheep and cattle yards. The 210 m2 renovated family home has three bedrooms plus an office. This offering, on behalf of retiring vendors, presents a great opportunity to secure an extremely well set up and highly productive finishing property.

Tender

Rangitaiki

Bay of Plenty / Waikato

30.69 ha - Rare as hens teeth!

Medium sized grazing blocks are getting harder to come by on the Rangitaiki Plains. This block is 30.69 ha in total, held in two titles with two road entrances. Three bay hay barn / implement shed. New stock yards with generous truck bay. 14 paddocks, all troughed. Centrally located, just 5 km to Awakeri Village.

As they say, the best investment on earth, is land!

Contact agent for viewing times.

Otorohanga Waitomo Valley Road

56.60 ha - Bring your imagination

Here's an opportunity that's a little bit different. This 56.6 ha (more or less) block has recently had the pine trees milled and is ready to serve a new owner's purpose. The majority of the boundary fences are new. Steep contour, with good metal forestry standard tracks established, with no internal fencing, and with several possible building platforms - think off-grid. The photos say it all about the far-reaching magical views across to the central north island mountains, but it's even better when you are up there. Maybe it's that on-top-of-the-world feeling. Located on Waitomo Valley Road, approx. 60 km from Hamilton, and just 7 km from Otorohanga, you will be in the heart of the Waikato's adventure playground here. Perhaps you have an idea for a business: Mountain biking? Glamping? Eco cabins? Re-planting for future returns?

For Sale $550,000

Ohaupo 250 Forkert Road

103 ha* - This is a beauty

Farmed with great pride and attention to detail by the Vendors over the last 48 years, this well presented and located property with a long road frontage comes to the market in excellent heart.

103 ha (*STS) north facing farm, with flat to very gentle rolling contour milking 265 cows with a two-year production average of 118,243 kgMS. Subdivided into 63 paddocks by wide surface laneways, reticulated with excellent farm water and consistent fertiliser history with strong healthy pastures. The dairy shed is a 22 ASHB with in-shed meal feeders, circular yard and 16 tonne silo. The property has an excellent array of farm buildings offering ample room for calf rearing, implement or contracting equipment storage and/or workshops. Effluent is managed with a large concrete holding pond. There are two good homes on the farm, a four-bedroom solid brick main homestead and a modern seven-yearold three-bedroom cottage providing excellent accommodation for farm staff.

Tender

26 ha - Karapiro lakefront

Premium farmland on the edge of Lake Karapiro, situated in the heart of the Waikato between Matamata, Cambridge and Tirau. Exceptional beef growing country having won Steak of Origin twice. Subdivided into 20 paddocks, boasting north facing, flat to rolling terraced contour with Tirau Ash soils. Well equipped for horses with amenities including a sand arena, stables, tack room, float storage, and ample additional storage.

Substantial 325 m2 renovated home with four bedrooms plus an office capturing panoramic views of Lake Karapiro. Offering the potential to purchase as a whole or in two parts as there are two titles.

A property like this is very rare to the market, with 1.2 km of lakefront, this is an opportunity to own a fantastic home, quality land and private access to one of New Zealand's most popular lakes.

Karapiro

7,650 m2 - Lifestyle with lake views

Welcome to your future haven on Horahora Road. Here you will be greeted with incredible views of both Lake Karapiro and Mt Maungatautari, with stunning sunset scenes across the lake to top off your day. Within the 127 m2 tastefully designed home, you will find three well sized bedrooms, one bathroom and an ensuite with open plan living, kitchen and dining areas. While making your morning coffee, enjoy the sun shining through into the new European styled oak kitchen equipped with a five burner Belling brand oven. This home has been designed with fantastic indoor-outdoor flow with large double glazed windows and sliding glass doors that lead onto the deck from the living, dining and main bedroom. The 7,650 m2 section comes with all of the bells and whistles; a double garage, garden shed, office / storage room and well equipped sleepout.

Auction

1.24 ha - Live the dream, and more

Welcome to Willow Creek Farm, a very desirable home situated on the outskirts of Hamilton, close to city conveniences, with all the benefits of living in lifestyle luxury. Freshly renovated modern architecturally designed open-plan home set on a 1.24 ha contoured lifestyle block. The immaculately presented family home is nestled amongst landscaped gardens. The open plan kitchen and living, boasting quality appliances and floor to ceiling windows, sits as the hub of the home. Fit for all seasons, a woodburner and air-conditioning assures year-round comfort, and the solar panels make this a particularly economical home. There are 4 bedrooms with the spacious master a large ensuite and dual access to the wide stretching back-yard. There are two separate rental income streams from the attached self-contained flat and ancillary dwelling.

Piarere

Horahora Road

Steve

Rotokauri 17 Bagust Road

21 ha - Options galore

21 ha property located 10 minutes from Putaruru township is the one you have been waiting for.

This property has 12 paddocks and would lend itself to be a great cropping, grazing or support block with its flat to gentle rolling contour and Tirau Ash soil. Farm infrastructure is excellent with an extra-large six bay shed, two big concrete bunkers, fully lined 2.2M litre pond and handy farm yards located in the middle of the block. Good quality water is available via farm bore and the gorgeous Pokaiwhenua Stream boundaries one end of the property. There is a modern three bedroom dwelling with a lovely rural outlook and our Vendor has advised there is also future subdivision opportunities.

This property will be sold, call us now to arrange a viewing.

Tender

Putaruru

Spains Road

There are five paddocks with a mix of contour, excellent stock water with troughs in each paddock, lots of good quality farm buildings with mature Honey

and native

on the property.

This is the perfect peaceful

for a

Putaruru

Road

689 ha - 'Valley Run'

Located 28 km west of Otorohanga, 'Valley Run' is a well presented hill country breeding and finishing property. A special feature is approx 290 ha of native bush which adds to the indigenous biodiversity and recreational opportunities available on the farm. Approx 400 ha is within the farmed area, subdivided into 38 main paddocks with natural stock water. Contour is best described as rolling to medium hill with steeper sidlings, and pockets of vegetation, all classified as LUC 6.

Livestock numbers wintered circa 1,700-1,800 MA ewes, 400 ewe hoggets and 70-80 twoyear steers. Stock handling facilities include a three stand woolshed with covered sheep yards, roadside cattle yards plus a set of satellite yards.

Comfortable accommodation is provided in a renovated four bedroom home with internal garage and west facing covered deck. 'Valley Run' is a tidy standalone unit that would also make a great addition to an existing farming business looking to create larger scale.

Tender

53 ha - A very well presented dairy farm

This is an aesthetically appealing property that will appeal to many buyers.

Easy rolling contour with ash soils. Currently run as a well appointed seasonal supply dairy farm, with a tidy 16 aside dairy and adjoining feed pad, excellent shedding, very tidy fencing and racing, and with good quality water reticulation.

The four bedroom home is positioned away from the road and is set in well established grounds with expansive rural views. Very good primary and secondary schooling available.

This property will satisfy a variety of farming choices.

Kopaki 10 Kopaki Road

Tender

91.60 ha - Turnkey, King Country grazing

91 ha situated 25 km southeast of Te Kuiti on a sealed road. 81 ha effective grazeable

even balance of contour.

With a superior 2005 brick homestead of 337 m2, three stand woolshed, two implement

with

cow shed, yards and pump shed. Fenced into 20 paddocks. Naturally sourced, reticulated water is either gravity fed or pressurised to the troughs.

Deadline Sale

68 ha* - X factor bush block

Privately located off a quiet no-exit road only 21 km from the fishing paradise of Kawhia, this 68 ha (*subject to survey) spectacular stretch of bush offers a rare opportunity to purchase a piece of paradise.

Standing proudly against a hillside and running parallel to a fresh mountain stream, this property has a definite X factor. With native birds and wildlife, including pigs and deer, this easy-to-steep contoured bush block, and the opportunities it possesses will be abundantly clear for many to see.

Deadline Sale closes Tuesday 15th November, 2022 at 4.00pm, Property Brokers, 138 Arawata Street,

Hauturu Kihi Road

327 ha - Retiring farmers, genuine sale

327 ha (more or less) on a sealed road 29 km south of Te Kuiti. This property offers a good balance of contour allowing for a variety of farming practices and diversity in stocking options. The 270 ha of effective grazing has an even balance of contour with approximately 100 ha of cropable/mowable contour.

Infrastructure includes a four bedroom main dwelling, four stand wool shed, sheep and cattle yards, two haybarns and a five bay implement shed. Fenced into approximately 40 paddocks with water being either natural or reticulated from a spring supply which is pumped via a solar pump to a manacon, then gravity fed to troughs. Stock numbers normally wintered include: 69 R1 cattle, 24 R2 cattle, 840 MA Ewes, 290 hoggets and 14 rams.

Coming to market 28th October 2022.

Tender

Ruapehu

466.20 ha - Ara Farm

This tidy sheep and beef farm is 34 km west of Taumarunui in Otunui. The 466.20 ha (approx) farm has 400 ha effective grazing land and 60 ha of scattered native bush. Rolling flats complement medium to steeper hill country and gives the farm many stock policy options for a future proofed operation with good natural water. The farm has been faithfully fertilised over the last 37 years of current ownership. A good house and further buildings support the farm, including a haybarn and a four stand woolshed with covered yards. Many farming options here to explore. Traditionally this farm fattens all its stock, currently producing fat cattle July - August and lambs during summer but it could be a great breeding farm.

This is a genuine King Country sheep and beef farm that offers a fantastic opportunity to an existing farming operation.

Open days 3, 10 & 17 Nov 11am - 2pm.

Taumarunui 292 Aramahoe Road, Otunui

Ruapehu

136 ha - River Run

River Run provides a dairy purchasing option in a central north island location seldom offered to the market. The 136.21 ha (more or less) of flat, well draining dairy land could be an ideal two labour unit property or an extension to another farming business. Located just 11 km from Taumarunui township, on the edge of the Whanganui River, the 106 ha dairy platform has an excellent layout with short walks on flat to easy undulating contour and is under excellent management with the current sharemilkers, producing an average of 100,000 kgMS from 300 cows. The 30 ASHB cow shed is centrally located and is supported by calf barns and further hay and implement sheds. The property has a high standard of paddock improvements with quality pastures, pumice lanes and tidy fencing along with underground hydrants for effluent disposal. The home is close by the cow shed and offers three bedrooms with some recent improvements.

Open days 11, 18 & 25 Oct, 11am - 1.00pm.

Auction

Taumarunui 258

95 ha - Opunake dairy farm with options

For tender is this reliable 82 effective ha dairy farm which is located 9 km inland from the Taranaki coastal town of Opunake, providing a great investment opportunity for investors looking for an easy to manage dairy farm which is currently supplying OCD. This flat to rolling property, with great road access, has five titles giving multiple ownership options. The current owners use a farm manager to run a simple self-contained system, focusing on low cost production averaging approximately 85,000 kgMS from a peak number of 230 cows.

The strength of this farm is the solid level of infrastructure with a sound weather board three bedroom home, 26 ASHB farm dairy with in-shed feeding, good calf rearing facilities, multiple other sheds, PK bin, reliable water and effluent system with traveling irrigator. If you are looking to purchase either a dairy farm or larger lifestyle / grazing block, take a look at what this property can offer with its multiple titles and purchasing options.

Tender

Taranaki

Tender

61 ha - Kaponga gem

For tender is this fantastic 60.6 effective ha dairy farm which is located 3 km from the Central Taranaki township of Kaponga and will provide first farm owners or astute investors a great investment opportunity to purchase a high producing and well located dairy farm. The contour is generally flat to gentle sloping. This, combined with the extensive regrassing program, the strong fertility and Egmont Black Loam soils, ensures a very strong pasture harvest. Currently managed by contract milkers and supported by the owners' run-off, average production of 91,500 kgMS is achieved from a peak number of 200 cows.

Modern, updated infrastructure is of a high standard including a quality three bedroom summit stone house, 19 ASHB farm dairy with in-shed feeding and Pro-trac, two calf sheds, PK bin, Inaha Water Scheme and modern effluent system with storage and traveling irrigator. A smaller Taranaki dairy farm of a very high calibre that will appeal to all who inspect it.

Whanganui

70 ha - Multiple options

Rarely do you see a block with so many options - including farming, forestry, bees or lifestyle - come to the market.

Situated in the highly sought after Brunswick area, this package is sure to attract widespread interest. Currently in four titles with a sound three bedroom house, 22 ha (approx) of highly fertile loam flats and easier country, and the balance 48 ha (approx) of steep hills, ready for forestry interest to secure and have the right tree in the right place actioned. No matter what your requirements are, this property has many options and we will consider separate selling options.

For Sale From $2,500,000 + GST (if any) Web pb.co.nz/WGR109357

027 273 3458

Deadline Sale

63 ha - Stepping stone to your future

Whether you are stepping up or stepping down, your future could be in the southern Rangitikei town of Turakina. Comprising 63 ha (approx) of flat to rolling contour - this sized property should attract interest for a wide range of buyers, from farming to lifestyle, the options are varied.

Be the one to secure a midsized asset in a region on the move, retire to, or secure your first step on a journey to farm ownership. A bare block with woolshed and stock handling facilities, it is a blank canvas for house plans.

Deadline Sale closes Thursday 10th November, 2022 at 4.00pm, (unless sold prior), Property Brokers Ltd, 51 Taupo Quay, Whanganui Web pb.co.nz/WGR108924

027 273 3458 E markl@pb.co.nz

Mark Lourie

markl@pb.co.nz

Mark Lourie

Hawke's Bay

Clive 297 Farndon Road

11.58 ha - Our vendors want action

Where else can you buy a very sound four bedroom, two storey home, separate utility building and four bay shed with 11.6 ha of prime horticulture land, that could be leased short or long term to horticulture players in our region? Central to both Hastings and Napier, it's an easy commute to both cities as well as being in the centre of the horticultural hub of the Heretaunga Plains. The property has two permanent windmills, two bores and an irrigation consent. Over the last 15 or so years, it has been run under an organic regime and is certified as organic, giving you further upside in growing high value crops as well as lease income. All this and a comfortable four bedroom, two storied home in park like surrounds and good shedding. The instructions from our vendors are clear....they want this sold! Call to arrange a viewing today.

6.29 ha - Vendors instruction is clear!

6.29 ha of very useable land. Main dwelling is a large family home with three plus bedrooms, open living and a large north facing deck with pool. Secondary dwelling located near the main home, consisting of two bedrooms, bathroom, open living, deck and carport.

Large lockable shed, and a cool store. Commercial kitchen in main house. Certified organic apple orchard with Fuji, Royal Gala, Lady in Red and Galaxy. Water consent and excellent irrigation system across the entire property.

Paul

Meeanee 39 Awatoto Road

Mike

Hawke's Bay

10.42 ha - Supreme Syrah vineyard, Bridge Pa triangle

Situated in premium Hawkes Bay wine country, in the renowned Bridge Pa triangle is this 10.42 ha vineyard with 6.10 ha of Syrah and 2.30 ha of Merlot grapes, plus approximately 1.5 ha of bare land suitable for further plantings of your choice. The property offers a unique opportunity to purchase a well established vineyard which focuses on producing top quality grapes for two of NZ's premier wine brands. Located within easy distance of both Hastings (14 km) and Napier (30 km). The Maraekakaho school is located only 6 minutes away!

There is a well maintained two storey dwelling built in the 1980's, with four double bedrooms, open plan living and modern kitchen, a living area with a log burner, bathroom, plus separate shower and toilet. The house has nice indoor-outdoor flow, set within a landscaped site with mature trees and garden. There is a good double garage / workshop with office and toilet, plus an attached carport.

Tender

Central

Bay

747 ha - Te Manga Station

hectares situated in the Mangaorapa Valley of Central Hawke’s Bay, some 50 km south of Waipukurau. The standard of improvements including the recently renovated four bedroom family homestead, four bedroom second home, shearers quarters/holiday accommodation, 5 std woolshed, large tractor shed/workshop, fencing and all-weather access to the rear of the property are unquestionably first class. A feature of Te Manga are the large tracks of flat to very easy country. Areas of native bush with a trophy hunting block deer fenced MPI accredited also exist. Presently utilized as a breeding and finishing block for both sheep and cattle with high fertility ewes and Angus cows run. Dairy replacements are also carried. The aesthetic appeal with the native bush, natural water, exotic and native plantings to provide shelter and woodlots will appeal to the discerning purchaser wanting their own stand-alone property or add to their portfolio.

417 ha - Impressive self-contained dairy farm

Makotuku Dairy impresses with scale and superior infrastructure. This impressive 417 ha selfcontained dairy farm located 21 km north east of Dannevirke township, is highly regarded for its mostly flat to rolling contour, quality soils, excellent infrastructure and modern housing.

Farm infrastructure includes a 2007 commissioned 50 bail rotary shed with in-shed feed system, 200 tonne silo with crusher, 600 cow feed pad, 2 x 200 tonne feed bunkers and centre pivot irrigation.

Makotuku Dairy offers an exceptional opportunity to secure a farm with scale, quality infrastructure and with increasing productivity.

Ormondville

273 ha - Southern Hawke's Bay dairy unit

Situated at Matamau, 11 km north of Dannevirke, offering the discerning purchaser a great opportunity to increase their portfolio or entry to ownership with scale. The property is situated in an area that receives approx. 1,100 mm annual rainfall and is considered a summer safe area of the Tararua District. Approximately 174 ha flat, with the balance easy with some steeper hill.

Infrastructure is considerable which includes two cow sheds (36 ASHB & 26 ASHB), three homes, extensive calf shedding, large feed or silage bunkers, feed pads at the cowsheds and numerous other auxiliary shedding. Basically, the property can be run as two separate units but is being sold as one. 2021-22, 630 cows being calved with half the herd wintered on farm. The property is presently managed by a contract manager with the absentee vendor serious about divesting part of his portfolio.

Tararua

486 ha - 'Rocky Heights' - summer safe breeding block

486 ha located only 15 km from Dannevirke in the renowned farming district of Tamaki. Ideal for breeding but also has hunting opportunities and forestry income. Nestled under the Ruahine Ranges and situated on both sides of Tamaki East Road, this medium scale hill country breeding block is the perfect summer safe property.

Property features include, fenced into 24 main paddocks, 11.2 ha of Pinus Radiata registered in the ETS, four stand split level woolshed in excellent order with small kitchenette, two sets of satellite sheep yards, cattle yards, excellent water sourced from both creeks and natural springs and native bush providing the aesthetic appeal. This property presents well for both first farm purchasers and farmers wanting to add a summer safe breeding block to their portfolio. A pure rural New Zealand farm.

Dannevirke 158

Road East

250 ha - First farm sheep and beef units

A tidy 250 ha sheep and beef breeding and finishing farm.

Located 15 minutes east of Dannevirke. This property is a mix of medium hill with some steeper country, established pastures. Infrastructure improvements consist of a very tidy 1960s three bedroom dwelling in a private setting, two bay implement storage shed, two bay hayshed, and three stand woolshed, shared with an immediate neighbour. Established farm access tracks, good standard of conventional fencing with some electric support. Water supplied from large dam pumped to troughs along with creek and dams. Stock handling facilities consist of a good set of cattle yards centrally located with good load out. Sheep yards at woolshed and a satellite yard centrally located. This farm would suit a first farm purchaser or an add on to support an existing farm.

Dannevirke

Tararua

Tender

122 ha - Fertile and flat with location

This former dairy property currently run as intensive bull finishing is located just 3 km from Woodville and 34 km drive over the saddle to Palmerston North. This well presented property has been through an extensive development program which includes investment in new pastures, drainage and subdivision. The farm is well subdivided by a range of electric and conventional fencing in good condition with a strategic race system for access to paddocks. With three points of road access the property provides future options for subdivision utilising the numerous records of title.

Farm improvements include a disused 36 ASHB with modern effluent system, including large storage dam with the former cow yard used as loading & drafting facilities with new Te Pari yards. Adjacent to the cowshed are ample sheds for storage and calf rearing, complimented by other disused sheds in various locations. The property features a large four bedroom home with generous living areas and a swimming pool.

Woodville 168

58 ha - Toki

Located equally between Pahiatua and Woodville and a 30 minute drive to Palmerston North is this smaller dairy unit which provides an excellent entry to the dairy industry or support/finishing property. The farm has recently had the fencing refurbished which is a mix of conventional roadside boundary fences and internal electric two wire fences in excellent order.

The main homestead of four bedrooms and two bathrooms has been modernised over the years and features large outdoor decking providing views over the farm. The highly sought after fertile Manawatu and Heretaunga Silt Loam soils are irrigated via sprinklers providing optimum seasonal growth. The property features a good level of improvements to suit most farming practices including a 25 ASHB cowshed, feedpad, ample implement shedding and a large lockable workshop.

Preliminary

Thu

Tararua

Preliminary Notice

360 ha - Self-contained certified organic dairy

This well presented business with flexibility of purchase options is well located 11 km west of Eketahuna and within commuting distance to the Wairarapa and Manawatu. Featuring 322 ha in one block which includes 145 ha of virtually all flat platform, 34 ha of supplement country with 141 ha of easy hill providing support and beef fattening. 3 km from the dairy unit is 38 ha of flat support land utilised for harvesting supplements and further support.

The centrepiece of the main dairy unit is a fully automated rotary cowshed with superior technology which includes EID detection, automated drafting, heat detection, ACRs and rumination monitoring. The dairy shed is well supported by a round yard, 500 cow feed pad, loafing pad and a good range of shedding to suit. Complimented with two homes with the main four bedroom, two bathroom home suitable for a owner operator. This property provides a certified organic business with an existing consent providing for conventional farming practices.

Eketahuna

Tararua

Preliminary Notice

101 ha - Te Raorao bareland

Located just 7 km southeast of Eketahuna and within commuting distance to the Wairarapa and Manawatu, is this well presented grazing and finishing property.

Featuring favourable contour for all farming practices, which includes 29 ha approx of cultivatable area in new pastures with the remaining area a mix of easy to medium hill. A metalled central lane provides excellent access to the rear of the property with ample ATV tracking throughout the hill country.

Fenced waterways and reticulated water from a very reliable district scheme in all paddocks provides a dairy support option if required.

A three stand woolshed in tidy order with a large set of sheep yards provides farming infrastructure to suit most farming practices.

85.03 ha - Summer safe pastures

Located 8 mins drive

ha effective grazing area of predominantly flat

The 36 main paddocks are subdivided with an excellent standard of fencing. A fantastic opportunity to secure a smaller entry level farm with extensive infrastructure. Supporting the farms operation are a five ASHB milking parlour, a four bay implement shed and workshop, cattle yards and loadout facilities, a two stand shearing shed, calf pen and other sheds that are strategically placed around the farm. An aesthetically eye catching farm with mature shelter belts throughout the property. The character four bedroom home has been modernised, the kitchen is central to open plan living and dining areas which adjoin to the formal separate lounge making this ideal for entertaining. Want to enjoy farming on a smaller scale, generate income alongside a great lifestyle, then this property is for you! Viewings commence 01/11/22

Eketahuna

122.89 ha - Crib Y Gwynt

Located only 10 minutes from Feilding, Crib Y Gwynt has the ability to finish any livestock class, grow a wide range of crops, or operate as a breeding unit for sheep or cattle. The flat to easy undulating contour has excellent soil types, proven fertiliser history, modern pasture species, quality fencing (conventional and deer), district water scheme and excellent stock handling facilities. Farm buildings include a three-stand woolshed, sheep, cattle and deer yards, three implement/haysheds, plus a four bay implement shed with workshop and sundry farm buildings. Set amongst established grounds with fantastic elevated views across the Manawatu plains, the three-bedroom home has an open plan kitchen that flows into the dining/lounge area and separate formal lounge. The attached double garage plus sleepout and several support buildings provide a beautiful family environment. Properties of this location, scale, versatility and appeal are a rare find. Call now for your opportunity to view.

Tender

Cheltenham 108

1177 ha - Te Apiti

Te Apiti is located 7.3 km from the Homewood coast and 50 minutes' drive east of Masterton. A mix of medium to steeper hill country, comprising a total of 1,177 ha. A third generation sheep and cattle store farm, Te Apiti offers a range of land use opportunities on a mix of sandstone, clay and argillite soils. Particular attention has been given to maintaining the excellent access, fencing and overall presentation of this property. Divided into two main blocks, 658 ha in a mix of native bush and millable pines with some grazable areas, the main farming area of 517 ha is supported by five sets of satellite yards, airstrip, fertiliser bin and fantastic natural water sources and is subdivided into a total of 61 paddocks. A sound four bedroom family home with numerous station-style outbuildings. A four stand woolshed (500 night pen) and a large four bay implement shed with designated workshop and stables provide the infrastructure and platform for all buyers.

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Central Canterbury M 027

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216 ha - Prime dairy farm, Grey Valley

Dairy farms in the favoured Grey Valley are always sought after and this proven performer is no exception. Located at Atarau only 30 minutes inland from Greymouth is this mid scale dairy farm consisting of 216 ha (200 ha effective milking platform) of fertile river terraces, milking 480 cows producing 176,314 kgMS in the 21/22 season.

Tidy farm improvements including 38 ASHB shed with meal feeding and protack drafting complemented by a modern effluent system with large storage tank. Full range of calf and implement sheds plus an underpass that provides ease of management. The property enjoys two tidy homes situated off the main sealed road. Also available to purchase is a 15 ha bare land runoff block situated on Shellback Road only 1.5kms from the dairy farm boundary. This property is held in three titles and currently utilised as a wintering block from the dairy farm. An outstanding opportunity to secure a well setup dairy farm in a highly desired location.

Tender

256 ha - Large self-contained dairy farm

Our retiring vendors are committed to moving on and willing to support the transfer of ownership to an up-and-coming dairy farmer. A great opportunity to purchase a large scale self-contained West Coast dairy farm. This property is very well presented and is well suited for a purchaser looking to upgrade their farm, family groups or for an investment opportunity.

At present the property is milking up to 600 cows with a targeted production of 210,000 kgMS with all stock wintered on farm. Located in a very good and reliable district on the West Coast. The Kokatahi Valley is 25 minutes from Hokitika, this is an opportunity to be part of a great farming community. With retirement on the horizon, our vendors are open to keeping an investment in the property should the purchasers require support for a first farm purchase. Don't delay - enquire today.

Hokitika 31 Middlebranch Road

330 ha - Mackinlay Farm - dairy with scale

We are delighted to offer for sale this quality 330 ha dairy farm located at Kokatahi, arguably one of the best dairying locations on the West Coast and only 15 minutes from Hokitika. This well established property enjoys the benefit of productive alluvial soils combined with sound farm infrastructure including a 48 bail rotary cowshed with automatic cups removers and meal feeding system.

Excellent accommodation options with modern family homestead complemented by two x three bedroom staff houses. Currently milking 590 jersey cows with three year average production of 212,779 kgMs with the milking herd wintered on platform. This property offers the benefits of superior location, quality infrastructure and economies of scale which should appeal to both the owner/operator or investor. Stock and plant available at valuation.

Tender

Hokitika

Kokatahi

230 ha - First class dairy farm

Seldom do have we have the privilege to market such a

asset in this highly regarded location. Situated at Kokatahi only 20 minutes from

is this first class 230 ha dairy farm that has been well developed and farmed by our vendors. Currently milking 430 cows achieving 5 year average production of 159,164 kgMS on a semi self-contained basis.

Excellent range of quality farm infrastructure including a modern 44 bail rotary cowshed with ACR’s plus in-shed meal feeding supported by a full range of shedding. Superior accommodation options including the main homestead set in established grounds supported by a modern 3 bedroom Lockwood home. This farm ticks all the boxes – excellent location, quality free draining soils and first class infrastructure and housing. Stock and plant available at valuation.

Hokitika

Bladier

248 ha - Large scale dairy farm

On offer is this large scale West Coast dairy farm.

effective

currently milking

through a 40 ASHB dairy shed with Read plant. This farm is supported by a 240 cow

home with power and lighting. This property has sound infrastructure along with a great array of sheds and a consented underpass. Accommodation includes three warm and comfortable farmhouses.

Currently run in conjunction with a 72 ha runoff which is presently offered for sale. Located in the reliable Kowhitirangi Valley which sustains a good balance of free draining soils in a reliable district. This property has many positive features and is well positioned for the future. If you want to be part of a great farming community call today for a viewing.

Hokitika 6 Stopbank Road

the

the

history

a

The property enjoys a full range of tidy infrastructure including a 28 ASHB shed, two well maintained houses plus an additional staff accommodation unit and multiple sheds. A well laid out property with excellent lanes and subdivision combined with quality free draining alluvial soils. This well-presented dairy unit presents an excellent opportunity for

looking for their first farm or the astute investor.

Hokitika 70 Johnston Road

162 ha - Slice of South Westland paradise

Consisting of 162 ha freehold with approximately 68 ha of improved pastures and the balance native bush and pine trees. From livestock grazing to hunting and fishing in world renowned Ellis Creek, this is the ultimate outdoor lifestyle location with income or small scale farm. Improvements include a modern four bedroom Lockwood home plus a range of farm shedding, cattle yards, covered fertiliser bin, partially deer fenced with an older set of deer yards. The improved farmland consists of free draining alluvial silt loam soils that can be utilised for dairy support, beef breeding, finishing or deer, providing a return on your investment.

Located just 30 minutes south of Hokitika offering a full range of services in this trendy coastal community. Also available to purchase is the adjoining 115 ha dairy farm that is currently operated in conjunction with this property.

Ross

Waitaha Road

115 ha + 86 ha lease - First farm option

Located just 30 minutes south of Hokitika in the beautiful Waitaha Valley is this 115 ha freehold dairy farm complemented by 86 ha DOC grazing concession that provides scale not often attainable as a first step into farm ownership.

At present the property is milking 380 cows with targeted production of 140,000 kgMS with the milking herd wintered on farm. Milking platform currently includes an adjacent 68 ha effective runoff also offered for sale. Farm improvements include a 36 ASHB shed with Read plant along with an excellent array of farm buildings including a covered fertiliser bin.

Accommodation includes a large weatherboard home with three bedrooms and two bathrooms on an established section plus a versatile three bedroom workers accommodation unit. Excellent internal races, electric fences and water supply from bore at dairy shed. Available as a going concern with stock and plant at valuation. This property offers a unique opportunity.

Ross 116 Waitaha Road

6.19 ha - Kirkstyle Coalgate Homestead

Built in 1910 and extended in 1920 with a sympathetic recent renovation of modernised kitchen, bathrooms and double garage. Thus repurposed for a modern lifestyle. The distinctive features from a bygone era cannot be replicated - quality materials, high level of craftmanship and generous stud heights and room proportions breathe elegance. Six bedrooms, three bathrooms, formal dining room, drawing room and family lounge. Of an elevated sunny disposition with hill views over copse of redwood, oaks, silver birch and oregon. The 'coup de grace' is over 200 rhododendrons of 80 years or older - a rare find in a magic place within one hour of Christchurch.

Coalgate

Central

55 ha - Irrigated in two titles

Located in the popular and productive Irwell District this property is well set up and offers the opportunity for the purchaser to walk in and commence their farming operation with immediate effect.

Perfectly set up with a travelling Turborain Irrigator and an ample water consent of 30l/sec from a 37.75m well this property has produced excellent yields of Seed Peas, Wheat, Radish, Mustard and Linseed in recent years and also provided grazing for store lambs.

This property would also make an excellent support block in the way of cut and carry through grass silage, chopped maize or lucerne. The property is well serviced with an all weather lane, shelter, two road frontages and the two titles offering opportunities for the future.

Irwell

Central Canterbury

142.41 ha - Falcon dairy farm

This very well located property in Central Canterbury is only approximately 30 minutes to Christchurch and minutes to the rural town of Leeston. Special features of this farm is that it is totally self-contained. Milking between 300-320 cows with average production over past five years of 115,000 kgMS.

A very tidy 24 ASHB (four with cell count monitors). Excellent range of farm sheds and very tidy five bedroom home. Approximately 90 ha of dairy platform and a further 53 ha of dairy support. Irrigation is pivot, lateral move and K-line from two wells. Very seldom do we get the opportunity to market a fully self-contained dairy unit. Take control of your costs and reap the rewards.

Irwell

Tender

Mid

91.01 ha - Methven, multiple farm options

Positioned close to the Methven township, this is a farm holding primed for multiple land use options - arable, livestock support, breeding or finishing. Well presented and achieving consistent production the farm is in great heart. A change of farming practice opens up an exciting opportunity for purchasers to add to existing farm operations or as a standalone / first farm. The potential is unlimited and set for further development whether it be existing land use or to utilise the land with existing infrastructure for specialist livestock options.

Quality improvements including a modernised large family home with excellent rural aspect and views. Full range of sheds, workshops, silo infrastructure plus a dedicated weaner / grower porcine complex. Together with quality Templeton soils, excellent fertility, reliable climate and irrigation potential provide the basis for a sound farming investment in a highly regarded location.

Methven 319 Methven

Mid

Tender

ha - Winterview Farm

Very tidy 54 bail rotary dairy shed with in-shed feeding, double pond

excellent range of farm buildings and grain storage and pivot irrigation to 136 ha. Executive five bedroom homestead with a further three other homes. A great proven

in the favoured foothills of Mid Canterbury.

A great opportunity to take control of your costs.

Ashburton

Forest

Mid

Mayfield 95 Lismore Mayfield Road

Tender

ha - Dairy support or first farm

complete

with the ability to

for

for a

into multiple

or

A good

of

and storage area. Great location within walking distance of the Mayfield township close to school and services. The

including a large 357 m² raised grating rearing

has undergone significant capital development over recent years and is positioned for

and farm to its full potential.

to

Mid

4.0 ha - Garden of international significance

Trott's Garden is a renowned garden of international acclaim and has won numerous awards. Formal English gardens segmented by hedges into various styles, water gardens and woodlands. The property has simple open spaces bordered with trimmed hedging, incredible perennial borders, extensive knots gardens, exotic specimen trees, rhododendron plantings throughout the garden. Striking panoramas every which way you look. Fifty plus years in the making. The church is an ideal wedding venue, with the banquet marquee next door sited centrally and privately for that special day. A 1920's three bedroom homestead with some renovations and range of older outbuildings including the old cobbled stables.

Owned by a Community Trust the sale opens the door to take the gardens to the next level. We see opportunity - cafe, markets, music or arts festivals are all possibilities or a place to build your dream home amidst a rare opportunity.

Coming live to the market 28th October 2022.

Ashburton 371 Racecourse Road

Tender

Mid

ha - Quality home + land package

Featuring a modern well appointed

and chattels. Excellent

m2

with

make this an excellent opportunity to add to existing

package for semi-retirement or starting out.

Complete with irrigation consent and infrastructure, good

Tender

and

comes with our highest recommendation. An opportunity not to be

and second

or the perfect small

this

Ashburton

South Canterbury

Tender

ha - Pure rural New Zealand

A great small

on the

with

With a good lane system and strong pasture

the

is

300

with 2022/23 production target of 145,000 kgMS. The

through a 22 ASHB (with a yard capacity of 300 cows) with Milfos

are

and new GEA

Good standard of other farm

A great opportunity to start or finish your dairy career.

South Canterbury

120 ha - 646 Seadown Road

Currently, part of a large dairy platform but will be sold as an arable, sheep, or beef farm. The property is only a short distance from the centre of Timaru and all its amenities.

This farm has its own wells, two centre pivots plus a gun irrigating the balance. The land is well subdivided with good lanes and is current cover is pasture and maize.

A quality 1970's three bedroom home with a four bay shed. This 120 ha property has good soils, climate, and location.

Tender closes 2.00pm, Thu 24th Nov, 2022, Property Brokers, 83 Sophia Street, Timaru Web pb.co.nz/TMR109891

155.97 ha - Stonelea

A traditional sheep and beef property of 155.96 ha, the property has a good balance of flat to easy rolling land and an area of steeper gullies, tidy fences with approximately 30 ha deer fenced. The property has a good three stand shearing shed, cattle yards, and plenty of other sheds. The home is a well maintained solid brick home with four bedrooms, two living areas, and mature gardens. Good water scheme throughout the farm with an option to purchase 12 Opuha water shares.

Michael Richardson M 027 228 7027

Tender closes 2.00pm, Tue 8th Nov, 2022, Property Brokers, 83 Sophia Street, Timaru Web pb.co.nz/TMR107821

Michael Richardson M 027 228 7027 E michael@pb.co.nz

Seadown 646 Seadown Road

Tender

michael@pb.co.nz

Pleasant Point 22 Hazelburn Road

Tender

South

140.13 ha - Tengawai

Tenagwai has an excellent location situated approximately 12 km from Pleasant Point, a small service town for the surrounding farming district in the South Canterbury region.

This farm with an estimated 140.13 ha is a great dairy support block on good soils, featuring a mixture of Eyre and Templeton soils, without all the unneeded infrastructure, and has been a proven performing farm for several years. It has a lateral irrigator that covers 112 ha and the balance can be irrigated via gun or K-line but is currently run as dryland.

This block will create a great deal of interest so inquire today.

Pleasant

South

Rosewill 310 Spur Road

7.28 ha - King of Spur Road

If you are looking for a unique spacious architectural home in a great location approximately 4 km from the town boundary of Timaru, then this property could be for you.

Features include 7.28 ha of land, four large bedrooms, two bathrooms, two ensuites, and multiple living areas including an indoor spa, a bar, and a heated inground swimming pool. This magnificent home has an enviable outlook with views from the coast to the Banks Peninsula and around Mt Cook.

Excellent infrastructure including three car garage, plus an additional five bay garage fully lined and enclosed with a large office, a four bay workshop fully enclosed, all with concrete floors and power, a substantial concrete yard, and an extra four-bay pole shed 10 m deep.

The farm is divided into seven paddocks and two holdings, all deer fenced. This is a noteworthy property. Offers over $2,000,000 considered - Call now to view!

South Canterbury

148.12 ha - Hook Farm

This 148.12

farm could be your start in the

milking

through a 30 ASHB, supplying

or an add-on to your

Fully irrigated from its own wells, via K-line. There are two good four bay calf rearing sheds, plus a two bay workshop and implement shed and other sheds.

The home is a three bedroom, 16 year old warm home with a large shed and a fully selfcontained sleepout. Located only 9 km from Waimate and coming to the market in mid January 2023.

Preliminary Notice

Makikihi

Michael

South Canterbury

Waimate 33 Crouch Road

204.20 ha - Crouch Farm

Crouch Farm is situated only 4 km from the township of Waimate offering a comfortable three bedroom home.

The property has historically been wintering 1,000 dairy cows, 300 R2 heifers, 300 R1 heifers, 120 beef calves up to 100 kg, plus 40 extra cattle. The farm has good access from mainly all-weather lanes connecting to most paddocks. Good array of farm buildings, and two silage pits.

Currently, a full dairy support farm growing grass, fodder beet, and kale. Own wells for irrigation and stock water including 190 ha irrigated via K line.

Coming to the market in mid-January 2023.

Preliminary Notice

South Canterbury

Tender

63.10 ha - Craigielea

A very tidy and productive 63.10 ha farm in the Waihao Downs district, approximately 13 km from Waimate. The property has a modern four bedroom home with two living areas accessing the outdoor BBQ area, a double garage, and plenty of storage.

Outside there are plenty of outbuildings, including a shearing shed, tool shed, granary, and more. The farm has a balance of flats and rolling hills with 35 irrigation shares from the Waihao Downs Irrigation Company. Currently utilised for dairy support with some sheep and beef.

2,645 ha - Foveran Station

Foveran Station is situated in the Hakataramea Valley, South Canterbury. Expansive and unique best describes Foveran and its sister 'The Brothers' with 2,645 ha ranging from the valley floor to the upper foothills. The property is currently run as a renowned deer breeding, stud property and game park. It is also complimented with merino fine wool and beef production providing enviable scope and balance. Tailored with over 290 ha of spray irrigation with the ability to store over 500,000 m3, this property is set to provide the discerning buyer security in production and performance with multiple income streams. Foveran Station will impress beyond expectations. Early inspection is highly recommended.

Waimate 58 Mount Harris Road

Tender

Property Brokers,

Web

Michael Richardson M

michael@pb.co.nz

Hakataramea

For

By Negotiation

John McCone

Barry Meikle

Ross Robertson

North

139 ha - Brookhaven dairy farm

Situated 30 kms inland from Oamaru with reliable irrigation and good production. 139 hectares of medium to rolling contour with 40 ASHB,

and Waikato Plant. 125 ha milking platform irrigated via 28 ha pivots, 85 ha K-line and 12 ha fixed grid from 127 North Otago Irrigation Company shares. Producing 186,000 kgMS from 450 cows.

Quality infrastructure including two x3 bedroom homes, good calf rearing facilities and cattle yards. 5 units stock and domestic water plus NOIC and well laned with underpass and subdivided into 32 paddocks. This is an ideal first dairy opportunity. Also available neighbouring 256 ha dairy farm.

Ngapara

302 ha - A rare opportunity

Located 32 km inland from Oamaru this 302 ha property lends itself to breeding and finishing sheep and beef with a portion well suited for forestry. Renowned for its ability to hang on well in the dry spells with its darker lying aspect.

An impressive array of improvements including a 2006, four bedroom brick home in a lovely established setting, three stand woolshed with 800 NP's, 2 x three implement sheds, eight bay barn, 10 x 15 m barn and three sets of cattle yards.

The property is well fenced to compliment the contour and subdivided into 45 paddocks. Great access with tarseal road around the majority of the boundary.

Ngapara

256 ha - Waimarie dairy farm

Situated 31 kms inland for Oamaru with 256.79 ha of medium to rolling contour with some flats and a 40 ASHB with ACR's and Delaval Plant. 230 ha milking platform irrigated via 4 pivots, fixed grid and K-line. 153 North Otago Irrigation Shares. An additional 65 ha irrigated via K-line from a storage pond that is sourced from surplus NOIC water allocation.

Producing 318,000 kgMS from 730 cows. Well laned with quality improvements including 4 homes, 1 x 4 bedroom, 2 x 3 bedroom and 1 x 2 bedroom, calf shed with 4 large bays and 8 smaller bays, assortment of additional sheds, cattle yards and 2 x silos. 9.5 units stock and domestic water plus NOIC. Also available neighbouring 139 ha dairy farm.

Tokarahi

178 ha - Reliable dairy support property

Located in the popular Waitaki Valley approx. 50kms from Oamaru this recently developed irrigated block has been fully regrassed and subdivided with new fencing to suit irrigation infrastructure and stock flow with an all- weather laneway. 150 shares from KurowDuntroon Scheme with 65 ha pivot and 100 ha K-line.

Good natural shelter with majority easy rolling contour and fertile soils. Improvements include a 3 bedroom renovated cottage, new 3 bay implement shed and Te Pari cattle yards. Future proofed and ready to farm with reliable and efficient irrigation, healthy soils and strong pastures look no further for your dairy grazing requirements.

Central

191 ha - Tranquil setting

An opportunity to purchase in a special area. This 191 ha farm with large character home creates a great opportunity to invest in this area. The homestead which has five bedrooms, three lounges, updated kitchen, office and various other rooms on the ground floor. Upstairs there is a large snooker room and bedroom. The character house could potentially be used as a hunting lodge or enjoyed by someone wanting a special part of Central Otago.

The farm which has some irrigation including K-line irrigation. The views from the house and farm of Mt St Bathans and surrounding mountains has to be seen to be believed.

A large portion of the farm is currently leased out until early May 2023.

Purchase options:

1. Purchase whole property (subject to survey)

2. Homestead and farm separate (subject to survey). Area to go with house to be determined.

Deadline Sale

Saint

20.10 ha - Equestrian and lifestylers dream come true!

This elevated 20.10 ha (approx) property with its 360 degrees of spectacular mountains views and forever changing landscape is a unique investment opportunity for forward thinking buyers. Titled with consented building platform and run as a premium equestrian centre, equipped with 80 m x 60 m dressage and show jumping arena, 10 individual day yards and two wash bays for visiting horses. There are 10 irrigated individual one acre paddocks, each comes with their own tack room, yard and concrete wash down area. A hacking track encompasses the perimeter of the farm, fenced throughout with high quality equine safe fencing. Located in very close proximity to Wanaka town and the Three Parks development.

Wanaka

Wanaka-Luggate

Central

176 ha - Pure Central Otago

Located in the heart of Central Otago, near Oturehua, is the opportunity to purchase a 176 ha grazing property. This productive farm has easy rolling contoured land divided into 28 paddocks. The solid four bedroom home has a recently renovated open plan kitchen, living and dining area. The house is well placed for sun and has numerous heating options. The farming amenities include a full range of quality farm buildings, three stand wool shed, covered yards, cattle yards, two implement sheds and hay barn, permanent fencing, approximately half the property can be irrigated by K-line which could be further developed. Suitable for sheep, beef or dairy grazing. As an additional bonus, the Central Otago Rail Trail runs through the property, adding potential to generate some off farm income.

If you are ready for a change and wanting to enjoy a farming lifestyle in this picturesque location, phone for a visit today.

Ida

1,144.03 ha - Well balanced Central Otago farm

Property Brokers are privileged to offer for sale this breeding and finishing sheep and

unit located in the heart of the Ida Valley at 2319

Valley-Omakau

consists of 154 ha irrigated flats, 736 ha non irrigated flats and 254 ha developed hill, making this an extremely well-balanced farm. This conservatively farmed property wintered 4800 1/2 bred ewes, 1200 hoggets, 100 rams and killers, 235 trading cattle and also offers the options of increased production.

Improvements include two excellent family homes, workers cottage, woolshed and covered yards plus numerous farm buildings. Irrigation is predominantly by way of two centre pivots, K-line and contour with three irrigation dams located on the property. This irrigation is a real bonus securing pasture and crop growth. As the property is in numerous titles our vendor would consider selling the property as three separate blocks. This is indeed one of Central Otago's premier properties.

129.35 ha - Opportunity in the Maniototo

Within easy travelling distance from Ranfurly is this 129.35 ha sheep/beef farm located at 73 Brinsdon Road. The dwelling consists of a large open plan area incorporating a modern farm kitchen along with spacious dining and living areas and separate lounge. The living area and lounge open out onto a large deck which is great for that indoor/outdoor living. There are four bedrooms, the master having an ensuite, family bathroom, office, laundry and mud room. The dwelling is set in a well presented garden setting.

Farm buildings include an older woolshed as well as a 10 bay implement shed. While the farm is non-irrigated it has many natural springs and watercourses where the water bubbles out of the ground! Wintering 2022, 50 carry over cows, 150 R2 heifers and 560 grazing hoggets, along with 50 R2 finishing cattle and a further 200 ewes which are still on farm. Our vendors farm the property on a semi-retirement basis and they believe there are further options available.

Tender

Ranfurly

Brinsdon

Tender

616.83 ha - Glenpark Station

Glenpark Station is

A comfortable four bedroom home with mature

the yards have a shearing

implement shed, and more. This property will give you really good

to run all stock types as the farm is majority deer fenced.

Currently running sheep, beef, cull cows, and some deer, with good laneway access through the farm. A lot of the steeper parts of the land have been prepared for the planting of forestry to capture the options of carbon and timber. The vendor has done a lot of regrassing.

Going to the market on the 26th of October 2022.

52.03 ha - Close to the heart of Dunedin City

Nearing the top of the Leith Valley is this attractive small farm located at 233 Leith Valley Road. Bordered by bush on all sides with views to Mount Cargill and surrounds. It offers a slice of country whilst an easy commute to Dunedin City.

The property is well subdivided into 20 paddocks with opportunity to develop its income earning potential further. All the facilities you need combined with a wide array of sheds. The four bedroom home, plus sleepout, has been tastefully redecorated in stages since 2020. With great outdoor spaces designed to give you all day outdoor enjoyment. Enough farming here to generate a strong income stream, vendor is currently running fallow deer, beef cows and calves along with sheep, providing a variety of farming options. As the property is in numerous titles there is opportunity for various subdivision options in the future. The combination of pasture and native bush give the property special character, making it a very desirable property

Tender

Leith

233 Leith Valley Road

East Taieri 309 Gladstone Road

8.59 ha - One of the Taieri's best Set in a most prestige location at 309 Gladstone Road South, being within easy travelling distance to Mosgiel and Dunedin City is this fabulous 8.59 ha income earning property. The moment you enter the property you appreciate this is a property oozing quality.

The dwelling consists of a spacious open plan area incorporating a modern kitchen along with dining and living areas, these areas provide stunning views. Indoor/outdoor living is a special feature at this property as it allows you to appreciate both the sun and the stunning views. Three good size bedrooms, with the main serviced with an ensuite and walk-in robe, a well-appointed family bathroom. An office, come second sitting area also adds to the property.

Farm buildings include a woolshed, tractor/hayshed, plus a large workshop/implement shed. The land is fenced in 11 paddocks, which make it ideal for farming livestock, currently farming ewes and lambs. This is indeed a special lifestyle property.

Deadline Sale

Maungatua, Taieri Plain 171 Lee Canal

167.69 ha - High producing dairy farm

171 Lee Canal Road is located in the heart of the popular Taieri Plains, being within easy travelling distance to Dunedin City and Dunedin Airport, consisting of 167.69 ha of high producing fertile soils making this an extremely good semi self-contained dairy unit. Production in 2021/22 season reached 259,000 kgMS from 490 cows milked resulting in a per ha production of 1,545 kgMS per titled ha. 400 cows wintered on platform, plus 200 calves reared with milk from silo up until weaning.

Improvements include a 40 ASHB with a full mill and feed system in dairy shed, calving pad, numerous implement and calf sheds, fully renovated four bedroom villa, plus a second four bedroom home as well as a self-contained cottage, providing excellent owner / staff accommodation. The farm has been GPS mapped which gives great accuracy to your reporting and measurement requirements, which helps with the day-to-day running. This is indeed a very good dairy farm providing excellent results.

Deadline Sale

Otago

South Otago

Tender

17.05 ha - Lifestyle with an income

Welcome to this appealing lifestyle property located on the outskirts of Middlemarch township at 91 Mason Road.

This tastefully renovated four bedroom home is set on 17.05 ha of prime flat land suitable for many farming options. Currently growing 8 ha of Lucerne with the balance in pasture. An excellent array of farm buildings makes the property ideal as a base for a contractor or to store the toys etc!

There is a large well formed horse training arena, ideal for the horse lovers. This property provides an excellent opportunity to produce an income earning stream as well as a great place to live and become part of this wonderful rural community!

Deadline Sale

Tender closes 12.00pm, Thu 3rd Nov, 2022 (unless sold prior), Property Brokers, 21 Macandrew Road, South Dunedin

pb.co.nz/DNL107343

19.95 ha - The Stonehouse - join the goldrush!

285 Clarks Flat Road, Lawrence encompasses 19.95 ha of rolling deer fenced pastures. Built circa 1872 but modernised and extended over time to create a warm ambient unique family homestead. Own a piece of history by purchasing a property the stagecoach used to frequent on the journey to the rich Central Otago goldfields. Improvements include a huge six bay (two enclosed) implement shed, deer shed (with hydraulic crush) and a two bay load out shed. Two units of CDC water is supplied to the property. Aesthetically appealing with a stand of Macrocarpa trees and some shelter belts. Stock policy has generally been fattening cattle. Great stepping stone unit approximately seven kms to the thriving town of Lawrence.

4

Deadline Sale closes Thursday 10th November, 2022 at 2.00pm, (unless sold prior), Property Brokers, 21 Macandrew Road, South Dunedin Web pb.co.nz/DNR109701

Middlemarch 91 Mason Road

Lawrence 285 Clarks Flat Road

South

Ulleren - 'Sheep on the side of the hill'

After more than 40 years of stewardship of Ulleren, the time has come for a change of pace for our retiring vendors. Now a picturesque farm due to the establishment of numerous tree blocks and different tree species all serving a purpose to the various sites they are established upon. Carrying approximately 5,000 Perendale cross sheep these are well suited to the rolling contoured country.

The four bedroom open plan living homestead is in very good condition and sits on an elevated site overlooking manicured lawns and gardens. The second dwelling offers accommodation to farm employees. The recently expanded shearing shed, covered yards, multipurpose shed and implement shed are in excellent condition and located at one end of the property. Good road and lane access. Available as one or two blocks.

Deadline Sale

Lawrence

196 ha - Solid performer in South Otago

Located on quality soils at Wairuna, South Otago, this is a solid performing, modern design dairy unit.

At 196 ha (subject to survey) and on soils well known for their cropping capabilities, it was established in dairy just 11 years ago and operates as a dairy platform milking 530 cows.

Featuring a 54 bail rotary with ACRs, excellent effluent management and well designed farm layout, all combining to produce the potential for a very people-efficient operation. It is complimented by an array of farm buildings, an on-farm rock supply, a five bedroom main homestead set in established gardens, as well as a modern three bedroom home.

A great opportunity for a solid dairy investment that ticks a number of boxes.

South Otago

274.39 ha - Dairy support with capability

Situated at Taumata, in the heart of South Otago, Awa-Hiwi, at 274.39 ha offers a very versatile purchase opportunity.

Owned and operated for three generations by the current owners, it is presently run as a dairy support property. Offering very good fertility levels, a solid regrassing history, good subdivision and water supply to the reticulated water system, it provides a tremendous opportunity to continue as a large dairy support option, or equally as a beef finishing or feed harvesting unit. The property enjoys a northerly aspect with frontage onto the Pomahaka river and has a mix of terrain, with a large percentage of easy country, river flats, gullies suitable for trees, as well as approximately 8ha of established trees. Of significance is the irrigation water-take consent in place, permitting up to 69l/sec to be taken from the nearby river. Complimented by a 4-bedroom family home, as well as a 3-stand woolshed with covered yards, cattle yards and 3 support/haybarn buildings

Tender

Taumata 172

158.57 ha - Grazing, cut and carry and deer

All options are on the table with this versatile 158.57 ha Warepa property, situated 12 km from Balclutha. Subdivided into 39 paddocks (40 ha deer fenced) on district water scheme, this unit is currently finishing bull beef, grazing replacement bulls and seasonal hoggets' (600) plus sales of silage and baleage. Easy to rolling contour with central lane access.

The modernised brick homestead has four bedrooms and internal access garage. Improvements include a large workshop with concrete floor, 3-stand woolshed with covered yards, and new cattle yards. The numerous sheds, barns and deer complex add to the ease of operation.

This property has a strong history of inputs, is in very good heart, and has a fully comprehensive array of infrastructure. We recommend inspection of this very tidy property. Possession Dec/May negotiable.

Deadline Sale

167.88 ha - Grazing and investment opportunity

Currently utilized as a combined sheep and cattle fattening unit, located on the main highway, 8 km from Te Anau. A good balance of stoney silt loam river flats combine well with the easy terrace and rolling ridges adjoining with water reticulated to all paddocks. Dual access and a formed central lane which effectively services both blocks. Four bay haybarn, a second three bay shed and sheep yards.

In two titles: 96.31 ha offered at $1,700,000 plus GST (if any) and 71.57 ha offered at $1,150,000 plus GST (if any). We invite you to view the prime location and expansive outlook that provides the ideal site and opportunity to build your dream home.

Deadline Sale

10.89 ha - The Central Southland good life awaits

The land is flat and comprises predominantly Pukemutu soils, in two titles of 1.98 ha and 8.91 ha. Subdivided into 10 paddocks by a good standard of fencing with a pressure water system to troughs. Large enclosed woodworking workshop, five bay implement shed, two stand woolshed, stables and tack room, single bail dairy shed, sheep and cattle yards.

The original two storey homestead was built in 1937 with a complete modernisation and rebuild ten years ago in keeping with its original style. Located at Lochiel, 9 km from Winton and 23 km from Invercargill, the current owners and their family have lived on this property for 26 years. It is time for our vendors to enjoy their next journey in life and this could be the next chapter in yours.

Deadline Sale closes Wednesday 9th

2022 at 3.00pm, Property Brokers,

Deveron Street, Invercargill

Te

163 Lynwood Road

Lochiel 750 Winton Lorneville Highway

253.72 ha - A self-contained unit with strong profit

Approx. 231 ha effective freehold together with leasehold land comprising 142.85 ha (which is milked off), where 650 cows are milked under a '10 milkings across seven days' regime.

Located on the Invercargill Queenstown Highway, the land comprises a good balance of soils and is mainly flat in contour. A good range of buildings and facilities includes a 23 aside twin pit herringbone shed with 650 cow yard. Excellent calf rearing facilities. Two well presented homes plus a two-unit staff accommodation.

145 ha of the property is irrigated providing a secure growing season which reflects in both production and provision of supplement. A new 800 cow consent is in place.

314 ha* - Consistent, reliable grass based production

A genuine and very well maintained dairy farm for sale in the Pourakino Valley, 20 km to picturesque Riverton. This property is nestled amongst pockets of native bush and has a very appealing aesthetic outlook. Featuring flat to easy contour, quality lanes and infrastructure, this farm has been a very reliable producer year in year out.

Of ideal scale milking approximately 580 cows at peak through the 40 ASHB, the farm features numerous support sheds, with two x 3 bedroom homes plus a three bedroom cottage. Current consent is for 650 cows and this is being renewed during the 22/23 season. Pasture and fertility levels are very well maintained and the farm is well sheltered. Effective area is assessed at approximately 225 ha with the balance being attractive bush blocks. *Area subject to final survey.

Pourakino

114 ha - Purchase or buy equity share

Simple to manage farm in the highly regarded district of Eastern Bush 21 km north east of Tuatapere.

Our vendors have invested in key infrastructure for ease of management and to allow the farm to be managed by one capable person. Protrack added into the cowshed and the calving/feed pad has been extended and consented for 320 cows. Proposed change for 2022/23 season reducing cow numbers to 250 with production target remaining at 150,000 kgMS and cows wintered on farm.

Our vendor is motivated and lateral in their thinking to make a deal work. Equity options considered for the right people.

Eastern Bush 692 Clifden Gorge Road

- Consistent production along with profitability

Waicola 204 Waicola Road

244.55 ha - Return on investment dairy farm

Great opportunity to purchase a good scale dairy unit that has undergone significant regrassing in the last five years, producing 275,000 kgMS - 280,000 kgMS and supplying Open Country Dairy. Situated at Pahia 24 km West of Riverton, the farm enjoys summer safe pasture growth with the recreational benefits of hunting and fishing on your doorstep.

The dairy farm is of flat to easy undulating contour with good pastures, fertility and wide lanes. Consented for 750 cows until April 2023 with the vendor in the process of renewing these consents including a consent for the stand off calving pad. Buildings comprise a 50 bail rotary shed with ACRs, in-shed meal feeding and Protrak, a new calf rearing shed, standoff / calving pad and two homes. If return on investment is your criteria, this is the farm for you.

Ruahine

287 ha - Scale with impressive free stall barn

Property Brokers is privileged to bring to the market this prime Isla Bank scale dairy farm converted in 2002 by our Vendors. The Isla Bank district is highly regarded for its gentle undulating contour, quality soils, reliable climate and its close proximity to Invercargill, Winton and Otautau.

Consisting of 287 ha the farm is operated totally self-contained with two adjoining lease properties of 40 ha and 120 ha with the farm milking year round fully utilising the significant investment in infrastructure notably the stall free stall barn built in 2014 with 630 stalls. Complementing the barn is a covered calving shed and concrete feed pad, high specification 50 bail rotary cowshed, large calf rearing facilities and three homes. Options of purchase include either a sale of the 287 ha - $13,260,000 + GST (if any) or buying the 210 ha - $10,200,000 + GST (if any) with the option of a lease or lease to buy the remaining 77 ha. Livestock and machinery available for sale by negotiation.

Isla Bank

105.22 ha - Grazing, finishing and forestry

Located at Hedgehope, 18 km from Winton and 35 km from Invercargill with access from Domain Road.

The property was previously farmed as a deer breeding and heifer grazing block in association with other land and was estimated to carry 385 hybrid hinds, 30 fattening yearling deer, and supporting breeding stags on approximately 57 ha, all of which is deer fenced. In addition, sheep and cattle were grazed as required. Deer handling facilities and good all weather access with a balance of developed paddocks and steeper grazing country. Serviced by a reticulated water system to troughs in all paddocks.

Recreational features include three established duck ponds, backdrop of native bush and small areas of forestry. Handy location with diversified opportunity.

Seaward Downs 353 Morton Mains Gorge Road

100 ha* - Prime Seaward Downs dairy runoff

Investing in prime land in a prime location can be a real challenge. Situated on the corner of Morton Mains Gorge Road and Drysdale Road, Property Brokers is pleased to offer this approximately 100 ha (*subject to final survey) very well located support block to the market.

Farmed by our vendors as part of their existing dairy farm, this flat to easy rolling property would make an excellent grass / heifer block (with appropriate consents). Featuring an older three bedroom cottage, very good road frontage and existing water system (with new water source to be in place by settlement), quality internal lanes and strong fertility. Currently all in permanent pasture of high quality and features approximately 10 ha of native bush. Possession is offered for 1st June 2023. Prior offers will not be considered.

Deadline Sale

Brett

296 ha - Dairy grazing / grass factory

42 km east of Invercargill is this reliable farm in excellent heart, your opportunity to secure productive land. Set up for young stock and wintering, water system to troughs in the 100 plus paddocks, central lane. A flat farm that has had extensive regrassing with regular fertiliser applications.

The property has a very productive history since the Vendors purchased the farm 30 years ago for grazing cows, rearing calves and taking some mature bulls through to finishing weights at good levels. Spacious renovated home overlooking the farm. Extensive shedding, four bay workshop, three bay implement shed and double fertiliser shed. Cattle yards with concrete floor and washdown facilities. Haybarns, 10 x three bay calf sheds, duck pond, 7 ha of cut-over trees. Do not pre judge where it is as it will surprise you. Retiring Vendors on the move.

Invercargill

149.78 ha - Proven cattle grazing and supplement

Successfully utilised as a grazing and fattening property for both dairy and beef cattle. Subdivided into 27 main paddocks with a mix of permanent electric and some permanent sheep fences.

Water is sourced from a spring fed holding pond with pressure system to troughs in most paddocks. Small set of cattle yards adjacent to the main lane with a small holding pen and race.

This is a very productive unit with fertile silt loam soils generally free draining being Tuturau and Wyndham series and good layout with dual road frontages and a formed internal lane for efficient access around and throughout the property. Located at Waimahaka, 25 km from Edendale and 40 km from Invercargill.

Waimahaka 425

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