Rural Outlook Autumn 2016

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RURAL OUTLOOK

Property image60 Bullians Road, Taumarunui (page18)

Autumn 2016

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Return to menu2 Rural Outlook Autumn 2016

ContentsWelcome ............................................................. 3

Sales Success ....................................................4-7

Waikato ............................................................. 10

King Country ..................................................... 17

Wanganui .......................................................... 22

Manawatu ......................................................... 25

Hawkes Bay ....................................................... 29

Tararua .............................................................. 34

Wairarapa .......................................................... 36

Canterbury ........................................................ 39

South Canterbury .............................................. 44

West Coast ........................................................ 47

North Otago ...................................................... 50

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Welcome to Property Brokers Rural Outlook, Autumn Edition

Charlie GrahamRural Manager, Property Brokers Limited

Property Brokers

The rural property market appears to be in a state of flux. The continual change is influenced by economic themes, supply and demand and the quality of the property offered for sale. A dominating influence in the market has been demand for a particular property from neighbours, or others nearby, who see the property as strategic to their business interests.

Other significant influences revolve around the weak global economic environment, deflation fears, banking sector unrest and our elevated currency. All this impacts upon current returns for our farm products, which is illustrated by the outlook for the milk price and the softening sheep meat returns.

The market has been balanced by good beef returns, interest rates at lifetime lows and a New Zealand economy still showing some momentum. People are now looking harder at the economic fundamentals of investing in a farm.

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This has given rise to a divergence of vendor and buyer expectations, exacerbated by the supply of properties to the market, particularly in some regions.

Spring and early summer of 2015 saw an uplift in properties being marketed followed by some strong sales activity, greater than for the corresponding period in 2014. Very good prices were achieved for good properties that managed to attract interest. This is evidenced by the results of Property Brokers sales for the period, and they alone would indicate that with dairy farms, little or no correction had occurred at that stage, and hill country was in strong demand.

The quality of many properties on the market throughout the year helped to underpin results, with buyers still willing to pay well for that good quality farm, particularly if it was a property neighbouring, or nearby their current operation. These results were perhaps also influenced by economists earlier

suggestions that a dairy recovery was likely to occur in the near future. However, there is another side to the story where some properties struggled to meet expectations or failed to sell.Our observation of last year’s dairy market is that, while it pretty much held its position on previous years, with sales evidence showing good prices despite the very public commentary on the outlook for dairying, a correction did start to occur in the market.

As we have moved into 2016 many economists are now suggesting milk price recovery is going to take longer. With the currency yet to give significant relief, the poor returns are definitely impacting on farm balance sheets, with people looking at the longer term impact upon their business. There is also pressure on sheep meat returns, along with the other clouds on the economic horizon.

Buyers have accordingly become much more discerning, looking hard at the economic returns available.

Environmental factors, such as nutrient allocation limits, are top of mind, as is the reliability of irrigation in certain districts. When looking at sheep and cattle or dairy support country, the balance of contour and how much of the property can be cultivated or worked with a wheeled tractor has significant bearing upon value.

It would be wrong to suggest market prices achieved last year would still be achievable in the coming season. However, at the end of the day the rural property market environment will reflect supply and demand. As this sales cycle continues we see individual properties coming to the market being assessed on components such as locality, productivity, alternative uses and infrastructure, with value significantly influenced by any strategic interest from neighbours or others farming in the locality.

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Monthly Farm Sales (Statistics source REINZ)

4 Rural Outlook Autumn 2016

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Baker Road, Waikaretu, WaikatoSOLDArea 594.5830 ha Sold For $7,100,000 Sale Date November 2015

Te Karaka Station has the ability to maximise profit with 594 ha of easy cattle and sheep country. This property comprises three blocks with a very good woolshed, yards and loading facilities. Reticulated water and a good mix of clay loam and ash soils.

Waharoa Road, Matamata, WaikatoSOLDArea 5.8730 ha Sold For $7,350,000 Sale Date December 2015

Free range broiler chicken business with present capacity at 113,500 birds. All plant and equipment included in sale. Fabulous four bedroom home + office with four car garaging and in-ground pool. The near new brick managers home has three bedrooms, ensuite and attached double garaging.

Whakahoro Road, Springdale, MatamataSOLDArea 61.7085 ha Sold For $3,332,000 Sale Date December 2015

A huge array of infrastructure here including a very comfortable three bedroom home, a 14 aside herringbone shed with feed system and much, much more. This two-title dairy farm is well fenced and raced.

State Highway 26, Eureka, WaikatoSOLDArea 162.45 ha Sold For $8,300,000 Sale Date November 2015

This very attractive farm, in four titles is only 10 minutes from Hamilton city. Wintering 380 cows and currently producing 150,000kg/ms. Superior network of internal laneways allow ease of access to over 60 paddocks. Outstanding range of farm buildings and dwellings.

Wardville Road, Waharoa,WaikatoSOLDArea 47.8718 ha Sold For $4,330,000 Sale Date December 2015

Dairy unit with adjoining 40 ha lease. Flat and fertile loam soil type subdivided into 25 paddocks with excellent fertiliser history. Good infrastructure including 22 aside herringbone shed and two homes.

Ongarue Back Road, TaumarunuiSOLDArea 427.9335 ha Sold For $2,300,000 Sale Date December 2015

A well balanced property in a great location. Abundant spring water and a good combination of contour gives grazing options. Well subdivided with a good standard of fencing. Comfortable three bedroom home, cottage and a good array of farm buildings.

Miranda Road, Miranda, WaikatoSOLDArea 211.76 ha Sold For $2,750,000 Sale Date December 2015

High production / low input farm with strategically placed lanes and fences for ease of stock management. Ideally set up for intensive beef finishing, dairy support or cropping.

Bowler Road, Te Aroha, WaikatoSOLDArea 59.5217 ha Sold For $3,200,000 Sale Date December 2015

Located only minutes from the Te Aroha town boundary, this flat and fertile farm has a tidy three bedroom home. The 24 paddocks are serviced by good, hard surface lanes. Bore water, good fencing, concrete feed pad and two barns complete this property.

205 Denlair Road, Fordell, Wanganui SOLDArea 38 ha Sold For $523,500 Sale Date December 2015

Located handy to Wanganui, this property offered potential for further development. The property features all facilities with local scheme water to the farm.

Sales Success

5Property Brokers

431 Williamsons Line, Marton, Rangitikei

SOLDArea 189.3114 ha Sold For $5,700,000 Sale Date December 2015

As good a property that has been offered for sale in the Rangitikei area for many years. The immaculate presentation and lovely aspect along with the property’s versatility ensured a very strong sale.

Waihau Road, Patoka, Hawkes BaySOLDArea 474.94 ha Sold For $5,500,000 Sale Date December 2015

‘Waihau’ is a top class breeding and finishing property with excellent fertiliser history in popular Patoka, 35 minutes west of Napier. 5000su, two homes, two woolsheds, sheep and cattle yards, three sheds, two hay barns, garages and airstrip plus numerous sundry buildings. 70 plus paddocks, good water systems. Rainfall over 1200mm.

Aorangi Road, Feilding, ManawatuSOLDArea 50.9778 ha Sold For $2,016,000 Sale Date December 2015

An excellently developed dairy support block capable of wintering cattle as well as growing exceptional feed crops. Centrally raced, excellent water and fencing this property was as good a run-off as there is, located 10 minutes from Feilding.

Rotowai Road, Omakere, Central Hawke’s Bay

SOLDArea 692 ha Sold For $4,200,000 Sale Date December 2015

Tainui - a well-established easy medium hill country farm. Farm of the decade in the 1980’s.Excellent standard of improvements. Numerous plantings of Willows and Poplars.

142 Pagets Road, Takapau, Central Hawkes Bay

SOLDArea 217 ha Sold For $6,120,000 Sale Date March 2016

Terrybank – 183 ha dairy unit plus 34 ha run off.23km west of Waipukurau on the Takapau Plains.All flat contour 198,000 kg/MS.Excellent Farm.

327 Okarae Road, Dannevirke, Sth Hawke’s Bay

SOLDArea 178 ha Sold For $3,170,000 Sale Date March 2016

Alloa Trust – 17km west of Dannevirke.100 hectares very good flats and river terraces – the balance undulating to easy hills.Manawatu River forms northern boundary.

147 Aorangi Road, Feilding, ManawatuSOLDArea 204.5683 ha Sold For $9,100,000 Sale Date November 2015

Byreburn, in the top 10% producing dairy farms nationally, greater than 2,500kg MS per hectare. The infrastructure included feedpads, silage bunkers, irrigation, and a good rotary dairy shed to name a few. The property generated a strong level of interest and was purchased by a local dairy farming family.

Mangleton Road, Mangleton, Kereru, Hawkes Bay


An appealing farm 35 minutes west of Hastings. 4500su. three bedroom home, woolshed, yards, five hay barns. Good fertiliser history. Annual rainfall over 1400mm

370 Oroua Road, Kairanga, ManawatuSOLDArea 46.1898 ha Sold For $2,100,000 Sale Date October 2015

“Edwards Lagoon” offered the unique feature of a significant duck shooting lake (4 hectare fenced off wetland). This coupled with the quality soil resulted in a very high level of interest in the property that was sold as a dairy support block.


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653 South Road No.2 Eketahuna, TararuaSOLDArea 100 ha Sold For $2,400,000 Sale Date October 2015

Rongo Farms is situated just 5 minutes from the township of Eketahuna and within an hours driving distance of Palmerston North, with Masterton just half an hour to the South.

1474 Te Uri Road, Dannevirke, TararuaSOLDArea 72.3156 ha Sold For $741,000 Sale Date December 2015

Good fertiliser history, a great four bay implement shed, and a two stand woolshed with yards, provide great support buildings. The north facing aspect and good water supply ensure stock produced are of good quality.

133 Whitemans Valley Road, Upper HuttSOLDArea 163.7111 ha Sold For $4,000,000 Sale Date December 2015

Whitemans Valley is only 4 kilometres east of Upper Hutt City. This tidy dairy unit is one of only four left in the Wellington area, where the land use is predominately lifestyle blocks. The farm has a balance of good flats and lighter clay hill, and is supported by a good rotary cowshed and two houses. Production levels average $85,000 over three years.

143 Woodville Aohanga Road, Makuri, TararuaSOLDArea 734 ha Sold For $3,650,000 Sale Date November 2015

Regarded as summersafe and subdivided into about 60 paddocks, this property has had serious fertiliser inputs for many years along with ongoing development.

302 Kaitawa Road, Pahiatua, TararuaSOLDArea 346 ha Sold For $1,910,550 Sale Date Jan 2016

346 ha sheep and beef hill country property only 3km east of Pahiatua. Full range of improvements.

937 Clifton Grove Road, Gladstone, MastertonSOLDArea 752.8481 ha Sold For $4,075,000 Sale Date December 2015

Well presented sheep and cattle property 40 minutes east of Masterton. The property features include 120 hectares of highly developed flats and easy hill, with some steeper hill country at the rear. There are two good homes including a main homestead of a very high standard set in attractive grounds. Carrying capacity of 6000su.

144 Old Main Road, Dannevirke, TararuaSOLDArea 258 ha Sold For $3,820,000 Sale Date November 2015

Corner Dairies offers an excellent large scale dairy business featuring 165 ha freehold and 92 ha leasehold of which 224 ha is considered platform.

63 Kohinui Road, Pahiatua, TararuaSOLDArea 57 ha Sold For $1,870,000 Sale Date March 2016

Te Kowhai, well located beside the iconic Tui Brewery and within 30 minutes drive of Palmerston North, an appealing flat to undulating property.

1413 Rangitikei Line, Awahuri, ManawatuSOLDArea 20.213 ha Sold For $1,010,000 Sale Date December 2015

Located half way between Palmerston North and Feilding with a bungalow style home. The property appealed to both the larger lifestyler and dairy support market.

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1595 Chertsey Kyle Road, Ashburton, Canterbury

SOLDArea 398 ha Sold For $18,700,000 Sale Date December 2015

Good scale property in the favoured Pendarves location. This farm has a proven track record and had been faithfully farmed over a long number of years.

Stewarts Road, Brookside, Selwyn, Canterbury

SOLDArea 232.5335 ha Sold For $10,200,000 Sale Date March 2016

232 ha dairy unit well located at Brookside. Established property held in 7 titles with excellent layout and strong soils combined with spray irrigation from groundwater take have made this property a star low cost performer.

567 Forks Road, Ashburton, Canterbury


High quality modern development. Second year production target 400,000kgs from 925 cows. Pivot irrigated.

1324 Methven Chertsey Road, Ashburton, Canterbury

SOLDArea 153.4266 ha Sold For $7,743,680 Sale Date January 2016

Quality pivot irrigated arable property.

207 Mt Nessing Road, Albury, FairlieSOLDArea 289.3052 ha Sold For $5,000,000 Sale Date November 2015

Located approximately 40 minutes west of Timaru. Excellent farming district with this property used as a finishing farm.

43 Murray Road, Pukeuri, Waitaki, OtagoSOLDArea 301.3778 ha Sold For $3,250,000 Sale Date July 2015

Located approximately 10 minutes north of Oamaru . Excellent farming district with the potential to increase the stocking rate.

217 Donehue Road, Clandeboye, Timaru,


Large scale irrigated dairy unit. Located on heavier soils in Clandeboye area.

207 Mt Nessing Road, Albury, FairlieSOLDArea 218.2646 ha Sold For $3,800,000 Sale Date Decmebr 2015

Located approximately 40 minutes west of Timaru. Excellent farming district with this property used as a finishing farm.

214 McConnells Road, Hinds, Ashburton, CanterburySOLDArea 125.2488 ha Sold For $5,698,820 Sale Date December 2015

Smaller dairy farm with excellent irrigation in Central Mid Canterbury

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WaikatoThe Waikato, against most predicted odds, has enjoyed good climatic conditions over the summer months which has been a welcome confidence booster for our dairy farmers.

The dairy farm market appears to be running into some head winds with a number of properties on the market and buyers having less urgency to complete purchases. Although this situation hasn’t caused any structural shift in pricing, the supply and demand ratio has. As we have seen in past cycles well located properties with alternative land uses are still keenly sought after by a range of buyers.

Grazing and finishing properties are still well sought after with supply still being in limited numbers, which is holding values.

King CountryTo date settlement prices have been consistent with pre-Christmas values which have been very good. It now appears that vendor expectation is becoming harder to achieve, and some market adjustment is looking more likely than not.

Climatically the King Country has had a marvellous season, which has helped market optimism. Beef cows are realising prices well in excess of dairy cows.

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TE AROHAProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 07 884 [email protected] Aroha152 Whitaker Street

Wow... view the world

AUCTIONWEB ID TAR01135TE AROHA

116 Hill RoadNestled against the Kaimai Ranges,located close to Te Aroha, this centrallylocated 27 ha block offers manyopportunities.

A hardiplank, three bedroom home plusstockyards, loading ramp and a lockable3 bay barn complete this property. Thisrolling land would suit many uses suchas a support unit, lifestyle, grazing,

horse agistment or anyone wanting tohead out of the city looking for a lifechange.

There is also an opportunity tosubdivide the property as it presentswith 4 separate titles which have superbbuilding sites.

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AUCTION 1.00pm, Tue 19th Apr,2016, (unless sold prior), PropertyBrokers, cnr Tui and Awara Streets,Matamata

[email protected] 027 624 8214Michael [email protected] 027 507 7622Allister Coombe

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Ideal dairy support

$1,500,000 + GST (IF ANY)WEB ID TAR00894PAEROA

50 Ryall RoadLocated a short distance from Paeroa isthis 29 hectare (more or less) run offblock, in two titles.

One title is 6.3899 hectares (more orless) and the other is 22.6497 hectares(more or less).

There is a 20 aside herringbone shedand two 3 bay implement sheds.

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Waikato


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Waikato


TE AROHAProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 07 884 [email protected] Aroha152 Whitaker Street

337 ha dry stock unit

$1,900,000 + GST (IF ANY)WEB ID TAR00883

MORRINSVILLE852 Mangawhara RoadThis well set out 337 hectare (more orless) dry stock unit is situated atHoe-o-Tainui up a no exit roadapproximately 30 minutes fromMorrinsville.49 hectares of the property has beenplanted in pine trees (1994) with therest of the property consisting of cleanmedium to steep contour.This property is subdivided into 25paddocks.

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Large scale dairy unit

BY NEGOTIATIONWEB ID TAR00842

HUNTLY

What an investment opportunityawaits! Combining large scale, locationand infrastructure. This going concernincludes approx. 400,000 Fonterrashares, 1,000 mixed age, top producingdairy cows plus all farm machinery.Situated at Naike, 28km west of Huntly,this undulating 538 ha farm has firstclass infrastructure including a 50 balerotary cowshed, wintering barn, fourhouses and more.

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Dairy farm including industrial land opportunity

BY NEGOTIATIONWEB ID TAR00904RUKUHIA

188 Narrows RoadIf you are looking to invest for thefuture then look no further, thisoutstanding Hamilton property has allbases covered. This is a 98.3 ha (approxSTS) dairy farm of which 40 ha is zonedindustrial and the remaining 60 ha iszoned for future industrial. It's a rarefind anywhere in New Zealand.Currently used as a dairy farm, it boastssuperb infrastructure ie 50 bale rotary

cowshed, substantial five bedroommain home, a comfortable secondhouse, new effluent system and ampleshedding. An added bonus is a further60 ha may be leased alongside theproperty to add to the milking platform.To find out more about this outstandingproperty, contact Michael or Allister.

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11Property Brokers

Waikato


WAIKATOProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 07 888 [email protected] Tui & Arawa Streets

Quiet gem of Te Akau

$3,500,000 + GST (IF ANY)WEB ID MAR47936TE AKAU

32 Clemett RoadSitting on the west coast just north ofRaglan is 309 ha (more or less) of topquality grazing or finishing country,with equal amounts of flat, rolling andhills. This farm grows the grass. 3 standwoolshed with covered yards, two setsof stock yards, gravity fed water fromthree tanks to troughs in everypaddock, two good sheds as well astwo stables with a tack room. Excellent

fertiliser history. The house is a wellcared for four bedroom Lockwoodhome with well-maintained lawns andgarden.Raglan, Huntly and Ngaruawahia are30-40km and Hamilton (Dinsdale) is48km. Primary schooling is close bywith choices of secondary schooling.Also second to none is the great localcommunity

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[email protected] 027 435 7259John Donderwinkel

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Top of the world (almost)

$3,500,000 + GST (IF ANY)WEB ID MAR47101KARAPIRO

111 Baker RoadThis 118.7 ha (more or less) dairysupport or grazing unit is 11km fromCambridge. Good pastures and watersupply and divided into approx 80paddocks, some of which are deerfenced. This property has plenty of haycountry and a good array of farmbuildings and sheds. The airstrip at theback of the property is accessible bytruck.

There are magnificent views from thetop paddocks. There is a large threebedroom home with a grass tenniscourt.

This would be a great dairy supportblock or a stand alone property for anynew owner, so contact me today for anappointment to view.

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[email protected] 027 435 7259John Donderwinkel

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Waikato



Close to the big smoke

$3,400,000 + GST (IF ANY)WEB ID MAR47182PUKEKAWA

279c Mercer Ferry RoadA great start up dairy farm in the heartof vegetable production country andclose to Auckland City is for definitesale. Consisting of 98 ha (more or less)of flat to easy contour with somesteeper sidlings and small pockets ofbush and plantings. Previously, theowner ran a 300+ dairy herd. Presentlythe farm is leased with 200 cows andsupport stock on the block.

Infrastructure consists of a 20 ASHBdairy shed with in line feed system,large 5 bay calf rearing shed, twoimplement / storage sheds, pump shedand two haybarns all of a highstandard. There are two homes, an 8yrold dwelling with separate garage and athree bedroom, 12yr old dwelling withsleepout completes the picture. Greatlocation with income and landbanking.

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[email protected] 07 888 6468Mobile 021 791 643Trevor Kenny

Top shelf cropping or livestock

BY NEGOTIATIONWEB ID MAR46783MATAMATA

Taihoa North RoadComprising 18 ha (44 acres) more orless in two titles, with full support offarm buildings in one of the moredesirable locations in the Waikato.

Currently running as calf rearing, beeffattening and sweet corn cropping withwater via a bore to troughs and shedswith central lane through middle ofblock.

The two titles could be sold separatelyas elite lifestyle units. Specialistlivestock, ie. a host of income optionshere with paramount building sites.

A magical slice of Waikato pastoral.

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Waikato



The epitome of NZ dairy

$24,500,000 + GST (IF ANY)WEB ID MAR44532PUTARURU

Old Taupo Road* Trophy Farm

* 409 hectares (more or less)

* 1200 cows produce around 550,000milk solids

* Infrastructure in place to takeproduction to 700,000 milk solids

* 64 bale rotary, state of the art facilitywith an outstanding range of supportbuilding

* A farm that is set up to takeadvantage of all cycles in dairy

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[email protected] 07 888 6468Mobile 027 492 5878Ian Morgan

Large irrigated farm opportunity - South Auckland

DEADLINE SALEWEB ID MAR43390TE KAUWHATA

Hall Road• Location• 396 hectares (STS)• Two titles, 211 hectares and 185hectares (STS)• Irrigation provides reliability andoptions to explore other farmingpractises. Water applied via centre pivotand lateral systems• Investigate the cropping or intensivedrystock farming possibility

• Currently milking 935 cows• Four homes and single man's quarters• Full range of support buildings• Motivation high, price expectationaround $30,000 per hectare

Contact Ian Morgan for a fullinformation pack.

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DEADLINE SALE closes Friday 15thApril, 2016 at 2.00pm, (unless soldprior)



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Waikato



Bank the options

BY NEGOTIATIONWEB ID MAR42707CAMBRIDGE

Redoubt RoadFrom the stone entrance and the nativegrove established on the private laneservicing the main home you are wellaware that the offering is somethingspecial. 17.18 hectares of beautiful flatto gentle rolling free draining soilsfenced into 30 mainly post and railedpaddocks. The property is developed toa high standard including a solid fourbedroom brick homestead. The home

with its generously sized rooms includeformal dining and formal lounge areas,three bathrooms, office, open plankitchen and family room, separatelaundry and a double garage. The homeis set on a nicely elevated site inestablished gardens with mature treesenjoying a commanding view of theproperty. The second dwelling is amodern two bedroom cottage.

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Highview Stud

NEGOTIATIONWEB ID MAR36080

NGAHINAPOURI1544-1 Kakaramea RoadIconic New Zealand Horse Stud whichcomprises approximately 120 hectaresof lazy gentle rolling contour situated at1544 Kakaramea Road around sixkilometres from the Hamilton cityboundary.Highview is a show piece property fromits spectacular gated feature entrance,bitumen drive with feature hedgeplantings and magnificent maturespecimen trees.

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Strong healthy support block

$3,100,000 + GST (IF ANY)WEB ID MAR35519

PARAWERA

Seldom, do properties such as this,come to the market in such a strongdairy farming location.The contour of this 130+ha blockrangers from 35 ha of ex dairy platform,with balance of easier rolling tomedium, with a smaller amount ofsteeper sidling.There is excellent fertiliser history, andpastures are in very good heart.

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Waikato



Rare lifestyle opportunity

BY NEGOTIATIONWEB ID MAR32457

MATAMATAState Highway 27New to the market, this special pocketof Waikato Real Estate consisting of6.05 hectares (15 acres) more or less, isfor definite sale.The block is in an excellent location,within minutes of local primary schooland a short drive to the Matamatatownship.A small meandering stream is locatedon one boundary and with the fertileand high producing soils.

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Subdivision potential or farm

BY NEGOTIATIONWEB ID MAR31542

MIRANDA881 Findlay RoadThe timing is ripe to develop thismagnificent parcel of North WaikatoReal Estate, close to the water's edgeand easy reach to Auckland City.Or farm and land bank this property of106 ha (261 acres approx.) of 6 titleswith recreational pursuits on your doorstep.Presently a fattening farm with highproduction levels, flat to easy contour,excellent water and magnificent views.

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Farm it, subdivide it, land bank it

BY NEGOTIATIONWEB ID MAR45348MORRINSVILLE

172 Harbottle RoadThis well presented property haseverything;•Excellent location in golden triangle:Cambridge, Morrinsville, Hamilton•3 titles, ideal for subdivision, totalling48.3 ha (120 acres approx.)•Flat to rolling contour on fertile ashsoils that really grow grass•Currently run as a dairy unit producing55,000 kg/ms approx. with minimal

brought in supplements. All compliantand supplying Fonterra.•Possibly a support, crop, fatteningproposition with sales yards close by•Water source from two bores, verygood supply•Above average infrastructure, lanes,fences and buildings•Four bedroom homestead with largegrounds with panoramic views

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King Country


TE KUITIProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 07 878 [email protected] KUITI131 Rora Street

191 Productive hectares

BY NEGOTIATIONWEB ID TER47695ARIA

102 Patoto RoadThis 191.4 ha property is 45 min fromTe Kuiti in the productive MokauitiValley.

An array of buildings on the propertyinclude a 480sqm five bedroom + officehome, a 4 stand woolshed with coveredyards and numerous other buildings.

30 paddocks with conventional fencing.

Spring or pumped water to allpaddocks. Contour best described as1/3 river flats, 1/3 medium hill and 1/3steeper.

Currently running 2,200 su with a73/30 cattle to sheep ratio.

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[email protected] 07 878 7822Office 07 8788266Mobile 021 878782Hugh Williams

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Main road location

$1,690,000 + GST (IF ANY)WEB ID TER37269

TE KUITI370 State Highway 3102 ha (253 acres)

Two dwellings

20% Flat, 40% Easy, 40% Medium

Excellent dairy runoff

Has harvested 100 round bales of hay

Superior location

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Young farmers - small steps

$1,300,000 + GST (IF ANY)WEB ID TER31669

MATIERE1865 Ohura RoadOpportunity to enter ownership.Running 1050 ewes & 60 cattle (1300s.u.) Good housing. 253 ha, 65%effective. Natural water, well tracked,conventional fencing. Presentlymanaged as a runoff alongside otherproperties. Here's a chance to getstarted. Beef and sheep have neverbeen stronger! Give yourself a couple ofyears, run it with your day job, buildyour equity then seek to expand.

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17Property Brokers


TAUMARUNUIProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 07 895 [email protected] Hakiaha Street

Oio Farms

TENDERWEB ID TUR48715TAUMARUNUI60 Bullians RoadProperty Brokers proudly present thistrophy farm to the market. Oio islocated in the southern King Country atthe foothills of Mt Ruapehu and near tothe world heritage site of the TongariroNational Park. Oio Farms is a premiumbreeding and finishing property, themajority of country is easy rollingcontour and lends itself to alternativeuses if desired such as dairy conversionor support with some steeper hills. Farmimprovements include a 6 standwoolshed, three sets of cattle and

sheep yards, underpasses for both theroad and railway, ample natural waterand an access road right through thecentre of the farm to the airstrip and160 tonne covered fertiliser bin, andfurther on to the farms quarry. Thereare three houses, with the maindwelling a 300m2, four bedroom brickhome. Oio Farms also has 14km ofTongariro Forest and Whakapapa riverboundary. The Whakapapa boasts someof the best trout fishing waters in NewZealand.

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TENDER closes Thursday 5th May,2016 at 4.00pm, (unless sold prior),Property Brokers, 27 Hakiaha Street,Taumarunui.

[email protected] 07 895 7112Office 07 895 7123Mobile 027 757 7477Katie Walker

King Country


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Large lifestyle location, location

BY NEGOTIATIONWEB ID TUR47573TAUMARUNUI1022 Taringamotu RoadJust past Ngakonui Valley Primaryschool on Taringamotu road is thisgreat opportunity to purchase 98 acreson 2 titles. The home is a convertedwoolshed, with decks all the wayaround, three spacious bedroomsmaster with ensuite and large openplan kitchen, dining and lounge. It has agood mix of flats and hills, with greatviews of Mt Ruapehu and Hikurangifrom the top. Wild deer roam at theback of the farm topping off thiswonderful rural lifestyle. Properties like

this are seldom on the market in thislocation, call today to view.

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King Country

19Property Brokers



Location plus

AUCTIONWEB ID TUR48667TAUMARUNUI375 State Highway 4Only 2km from the main street ofTaumarunui is this exciting 62 ha farm.

A comfortable three bedroom home atthe front of the property with goodflats behind flow onto rolling thensteeper hills.

Fully deer fenced with a central raceleading to deer handling facilitiescomplete with hydraulic crush.

Ample natural water is up high on theproperty for stock and town watersupply to the house.

This is a great opportunity to purchase afattening farm to complement existingoperations or as a large lifestyle so closeto town.

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King Country


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Rangitikei, Wanganui & ManawatuThe Autumn selling season has commenced with a reasonable number of new properties listed for sale. New listings are predominately across the dairy, cropping/finishing and dairy support sectors. There remains a notable lack of traditional sheep and beef breeding finishing properties for sale.

The latest sales evidence in the greater Manawatu area is in line with where the market has been in recent years, with good quality dairy farms making around $45,000 per hectare and cropping/finishing/dairy support land making around $32,000 per hectare.

Whilst the Manawatu summer has been very dry, the recent Autumn rains have provided the kick start to pasture growth many farmers have been waiting for. We are looking forward to some excellent Autumn marketing campaigns for the properties we are privileged to be marketing.

The Wanganui/Rangitikei region experienced a number of good sales prior to Christmas that reflected the quality of the farms being offered for sale. Prices were strong, with most of the sold properties not having a reliance on the dairy industry.

The start of 2016 has seen the region hit hard with a prolonged dry spell. There have been a number of good quality medium sized dry stock properties come on to the market that should generate a lot of interest. To date there has been no evidence of dairy farms coming to the market, as it’s been good to see the banks in our region rallying around to support them. The dry season will not be adding to their cause unfortunately.


WANGANUIProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 345 [email protected] Taupo Quay

"Tiri Moana"

TENDERWEB ID WGR47924FORDELL31 Denlair RoadLocated in the Wanganui district, "TiriMoana" offers many desirable features.The 172 ha farm comprises of threemain soil types, the highly regardedWestmere silt loam is the predominantone. With a good balance of contouron offer, there are approximately 100ha of excellent flats, with the balancemostly medium hill. Currently theproperty is used as part of my client'slamb trading, finishing operation, butwould suit the whole range of farmingstyles. Feed crops are part of the

process, with cash crops being part ofthe farm policy in past years. Farmimprovements are of a high standardwith all fencing being conventional.Farm water is very good, sourced fromthe Fordell water scheme. The propertyfeatures a comfortable 1880s fourbedroom villa. Other buildings on theproperty include a good 3 standwoolshed (np 250), two haysheds and acovered fertiliser bin. View the video @www.propertybrokers.co.nz/wgr47924

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TENDER closes Tuesday 12th April,2016 at 4.00pm, (unless sold prior),at Property Brokers Ltd, 51 TaupoQuay, Wanganui

[email protected] 06 342 3702Office 06 281 3720Mobile 027 442 6171Richard White

Wanganui


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Grazing, beekeeping, hunting 109 ha

$995,000 + GST (IF ANY)WEB ID WGR46824KAKATAHI3186 State Highway 4I think I've found the perfect block foryou. 109 ha (subject to ResourceConsent) of medium to steeper hills,with a complementing balance of flatcountry. A large supersized lifestyleblock or small farm with features thatinclude a comfortable four bedroomhome, with support farm buildings,including a workshop and a barn styleshed. With beekeeping, grazing andeven hunting options available. Thisproperty will suit a range of buyers,including the first farm buyer, or

perhaps agricultural contractor. A niceproperty, in a good area and it just feelsright. Land area can be expanded, sotalk to Richard about the options.• Good water• Four bedroom bungalow home• Good support sheds with power• Beekeeping, grazing, hunting• Good tracking and access.

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Wanganui

23Property Brokers



Lake Heaton with options - 52 ha

MORTGAGEE AUCTIONWEB ID MTR48485

TURAKINA1433 State Highway 3Well located in the Rangitikei this 52 haproperty caters for the wide spectrumof buyers, from the lifestyler to farmersas well as investors. The property iscurrently divided into 4 titles, with afurther 5th title approved and subject tofinal survey. Each of the five blocks hastheir own special features, withawesome building sites.

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AUCTION 11.30am, Tue 19th Apr,2016, (unless sold prior),POSTPONED UNTIL FURTHER NOTICE


Walk to town - 45 ha

$750,000 + GST (IF ANY)WEB ID MTR41737

HUNTERVILLE3475 State Highway 1Here's a chance to step up into a starterfarm that's more than just a lifestyle.Look at the options this property offers,can be sold separately.• 17 ha title with a 3 bedroom house• Adjoining 27 ha bareland• Decommissioned piggery with silos• Edge of town locationThe opportunity is here to secure asizeable block of gently contoured landthat has real appeal. $750,000+GST

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Farm close to town

$960,000 + GST (IF ANY)WEB ID WGR47778WHANGAEHU

7 Whangaehu Hotel RoadWell presented and well appointedappropriately describes this 29 hectarefarm. Featuring an excellent fourbedroom homestead with great ruralviews. The farm grazes both sheep andcattle, with good electric andconventional fencing. The largecrop-able area will especially appealwith scale that complements the gentlerolling hills. A good reliable water

supply is reticulated to all paddocks.Cattle and sheep yards, two standwoolsheds, implement sheds andlaneway system. Excellent fertiliserhistory. $960,000 + GST (if any). Viewthe video atwww.propertybrokers.co.nz/wgr47778

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Richard WhiteMobile 027 442 6171Office 06 327 0070Home 06 342 3702 [email protected] 2

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Wanganui/Rangitikei


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FEILDINGProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 323 [email protected] Fergusson Street

Greatford Dairy Farm

TENDERWEB ID FR48082MARTON848 / 867 State Highway 1121.0833 hectares in 6 titles.Located just 10km north of Marton, thisextremely well appointed Dairy Farm isone of Rangitikei's best performingoperations. Check this productionachieved under a system 5 regime:-

•Average production last 4 years170,650kg MS•Average production per cow 453kg MS•Average production per hectare1,422kg MS.

Improvements include:-

•30 aside Herringbone Dairy Shed•Herd home - 200 cow capacity•Two houses•Recently upgraded fully consentedeffluent system•Full range of excellent conditionauxiliary buildings.

With no capital expenditure requiredthis property is set up to carry onfarming.

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TENDER closes Wednesday 6thApril, 2016 at 3.00pm, (unless soldprior), 120 Fergusson Street,Feilding.

Office 06 323 1538Mobile 027 354 5419Blair Cottrill

Office 06 323 5544Mobile 027 448 5816Terry Patching

Office 06 323 5544Mobile 027 452 1155Stuart Sutherland

Manawatu

25Property Brokers



Beehive Creek

TENDERWEB ID FR48329POHANGINA

1879 Pohangina Road42.694 hectares (105.4 acres)

Bare land just 3km North of thePohangina Village, this property iscurrently utilized as a grazing block.

Contour is approximately 1/3 rolling,1/3 steep sidlings with the balancerunning down to the Beehive Creekwhich is a boundary.

Well subdivided with good accesstracks. Excellent hunting is a bonus.

With a Rateable Value of only $222,000this property will fit a lot of budgets.

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TENDER closes Thursday 7th April,2016 at 3.00pm, (unless sold prior),120 Fergusson Street, Feilding.

Office 06 323 1538Mobile 027 354 5419Blair CottrillOffice 06 323 5544Mobile 027 452 1155Stuart SutherlandOffice 06 323 5544Mobile 027 448 5816Terry Patching

Midway Palmerston North & Feilding

TENDERWEB ID FR48311BUNNYTHORPE

875 Roberts Line27.2415 hectares (67.3 acres) bareland. Currently part of a milkingplatform this highly productive bareland property is capable of any intensivefarming operation. Features include:-

•Location 5km to Palmerston North and9km to Feilding•Soil type - highly productive Kairangafine sandy loam, Kairanga silt loam and

Manawatu sandy loam capable of anyintensive operation - pastoral orhorticultural•Infrastructure - excellent water, internalmetal races and fences.

Immaculately presented this is as tidy ablock of bare land as we have beeninvolved with for a number of seasons.

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Office 06 323 1538Mobile 027 354 5419Blair CottrillOffice 06 323 5544Mobile 027 452 1155Stuart SutherlandOffice 06 323 5544Mobile 027 448 5816Terry Patching

Manawatu


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Grass 365

$6,950,000 + GST (IF ANY)WEB ID FR48502BULLS560 Forest Road"No drought here". 214 ha (529 acres)with 150 ha irrigated via two centrepivots, this property has the ability torun any low cost farming operation.

New bore water consent to extendirrigation with 9,504 cubic metres perday available.

Currently operating as a Dairy Farmwith a 3 year average of 230,000kgMS, this low cost operation runs withless than 1 tonne of dry matter per cow

fed and all cows wintered on.

We believe the future of farming isimplicating low cost operations andwater is the key. Whether it be dairyingor an intensive pastoral finishingoperation this property must have equalappeal.

"Future proof" yourself from weatherextremes. At $32,475 per Ha or$13,140 per acre this farm is priced tosell.

VIEW By Appointment

Office 06 323 1538Mobile 027 354 5419Blair Cottrill

Office 06 323 5544Mobile 027 452 1155Stuart Sutherland

Office 06 323 5544Mobile 027 448 5816Terry Patching

Manawatu

27Property Brokers

Hawkes BayThere has been a quiet start to the Autumn selling season, although this follows a very busy Spring market with a great lift in numbers of farms sold. Beef farmers, both locally and from outside the region, competed for farms that came on to the market. This generated a lift in values over the past year averages, although we saw most interest in fattening type properties.

The season post Christmas has turned into a classic Hawkes Bay summer. Even though this was well telegraphed by weather forecasters, it seems to have introduced an element of caution among some of our out of town buyers. We have to trust that the seasonal cycle will bring rain again and demand will remain strong for well-presented Hawkes Bay properties.


WAIPUKURAUProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 858 [email protected] Ruataniwha Street

Ideal dairy run off

BY NEGOTIATION + GST (IF ANY)WEB ID WR47192NORSEWOOD

Manawatu River Road59 ha situated 5.5km west ofNorsewood in Southern Hawke's Bay.Flat - very easy contour with improveddairy pastures.

Excellent reticulated water to allpaddocks. Good tracking with own redmetal supply. Well fertilised and wellsubdivided.

Presently utilised as part of a dairymilking platform.

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[email protected] 06 855 8330Office 06 928 0521Mobile 027 447 0612Pat Portas

Hawke’s Bay

29Property Brokers

Hawke’s Bay


WAIROAProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 838 [email protected] Marine Parade

Top of the world

BY NEGOTIATIONWEB ID WRR44915MAHANGA867 Mahanga RoadTe Au Station is situated at Mahangaabove the pristine Pacific Ocean onMahia Peninsula, is 1 1/2 hours fromGisborne and 2 1/4 hours from Napier.The driveway welcomes you to Te Au'shomestead framed by Pohutukawa,Puriri, flowering gums attracting nativebirds. As you stroll to the house thereflection of the Redwood home shinesin the in ground salt pool. THEQUARTERS is an AWARD WINNINGsuperbly appointed cottage said to havethe best pacific ocean views in New

Zealand and has bookings 70-80%annually. The station consists of 713hectares of productive sheep and cattlebreeding and 60 hectares in QE11 Trustnative bush and wetland. This is aniconic slice of paradise, withbreath-taking pacific ocean views,coastline running for 4km, farmland, asecluded river, native bush, awardwinning accommodation, and ahomestead.

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[email protected] 027 493 5525Carl Van der Meer

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Hawke’s Bay


DANNEVIRKEProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 374 [email protected] High Street

A very attractive proposition

BY NEGOTIATION + GST (IF ANY)WEB ID DR47084DANNEVIRKE

1793 Ormondville Te Uri RoadThis farm has been carefully developedwith thought and care to get thisproperty up to its present high calibre.All developments and improvementshave been well thought out andcompleted properly. With 425 ha ofeasy rolling country, and 60%approximately cultivatable, means yourown supplements can be produced onfarm. The well laid out woolshed and

sheep and cattle yards are all in a verygood order. Access tracks throughoutthe property allow for easy stockmovement and control. This is a verygood farm and is a must to giveconsideration too.

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[email protected] 06 374 6768Office 06 374 8102Mobile 027 717 8862Jim Crispin

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Superior finishing property

$2,050,000 + GST (IF ANY)WEB ID DR47148DANNEVIRKE

712 Tiratu RoadThis magnificent 110 ha grazing andfinishing block of land is farmed to avery high standard. Contour lends itselfto all types of farming with acombination of flats and easyundulating land. Subdivision of thepaddocks makes rotational grazingsimple and with good supportbuildings, 3 stand woolshed, 250np,and good implement/storage sheds, hay

sheds means plenty of room for farmmachinery and stock feed. This propertyis in magnificent heart and its ability togrow good stock is evident. A nicelypositioned three bedroom homecompliments the property. This farm iswell worth a visit, call today.

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31Property Brokers

Hawke’s Bay


DANNEVIRKEProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 374 [email protected] High Street

A very desirable farm

BY NEGOTIATION + GST (IF ANY)WEB ID DR45499

DANNEVIRKE839 Tourere RoadA well established sheep and cattleoperation located within 29km ofWaipukurau and Dannevirke townships,consisting of approximately 656 ha.Contour would be described as mainlymedium hill with some steeper faces.Renowned for producing excellentlivestock. Improvements includecomfortable well maintained 4bedroom 1950's farmhouse on elevatedsite above the road with an in-groundswimming pool.

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Bareland - dairy support

$410,000 + GST (IF ANY)WEB ID DR46495

DANNEVIRKECowper Side Road13.8ha of flat to easy undulating landsubdivided into 10 paddocks located onDannevirke's doorstep 4km east of thetownship. This property is ready to gofor supplement/dairy support, finishingor an excellent larger lifestyle propertywith house sites. This is a greatopportunity for a dairy operation tooffset their nutrient obligations oralternatively build your dream home$410,000+GST if any

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Summer safe

BY NEGOTIATIONWEB ID DR47709

DANNEVIRKEArmstrong RoadThis 26.70 ha bareland block offers atrue range of farming options. Deer,cattle, calves, sheep or add to anexisting unit. The mainly easy rollingcontoured land means supplement feedcould be cut. A good set of cattle yardsand load out race sited near the roadmakes stock transfer simple. Thisproperty is in very good heart and is onthe out skirts of a rural town.

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Fertile bareland block

BY NEGOTIATION + GST (IF ANY)WEB ID DR48561

DANNEVIRKETakapau Ormondville Road21.79 ha flat land approximately 27kmto Dannevirke. Highly fertile landsuitable for intensive grazing orcropping. Currently leased untilFebruary 2017. Good water supply fromthe Manawatu River, pressure pumpedto troughs. Subdivided into five mainpaddocks with an older two bay hayshed for storage. RV $455,000. A verygood parcel of land in good heart.

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Tararua As the dairy pay-out starts to pinch, the dairy real estate market seems to be polarizing. Well-located properties with neighbouring interest continue to hold up to last season’s levels, alternatively, properties with other than flat contour, and that are some distance from the main centres, are generating less interest than previous seasons. Evidence suggests that beef finishers are taking the opportunity and securing some of these properties at values below $20,000/ha (depending on contour and improvements).

The steady amount of enquiry for sheep and beef properties is exceeding supply, with only a small number on the market.

Farms with a finishing component are attracting more interest than breeding only operations. Two recent sales of sheep and beef properties within 2 km of Pahiatua have achieved $575 to $650/stock unit, indicating that this sector is achieving price levels similar to the past several years.

WairarapaThe rural market activity has slowed significantly in the past two months. This is a combination of poor produce prices, a period of extremely hot, dry weather and a lack of genuine listings. In January a marginal sized sheep farm sold from the lessor to the lessee of 10 years.

There are no recorded sales in February, although a very well located sheep and cattle farm sold at auction in March for $6.4 million. There do not appear to be many farms coming onto the market in Autumn, although there could be pressure on dairy farmers in particular. It is a period of readjustment.

Tararua


TARARUAProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 376 [email protected] Main Street

Waiona Downs - 251 ha

TENDERWEB ID PR47623WOODVILLE

307 Troup RoadThis dairy unit ticks all the boxes, greatlocation, superior soil types, flat contourand a comprehensive infrastructure. The190 ha property is well subdivided into50 paddocks with a 36 aside HBcowshed and 250 cow feedpad.Currently operating as a certifiedorganic system milking 320 crossbredcows, this farm has milked 500 cows ona conventional basis.

Housing on the property features threewell maintained four bedroom homeswith the main home of a superiorstandard. Further farm improvementsinclude excellent calf rearing facilities,comprehensive shedding, concretesilage bunkers, reliable water andeffluent systems. The dairy operation issupported by 61 ha of flat land in 35paddocks, 1km away.

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Office 06 376 8486Mobile 021 518 660Phil WilsonOffice 06 376 8486Mobile 027 449 5496Jared BrockOffice 06 376 8486Mobile 027 444 7380John Arends

Braestone 281 ha

BY NEGOTIATIONWEB ID PR46983EKETAHUNA

85289 State Highway 2Braestone Farm is situated 25km northof Masterton on State Highway 2 and8km south of the country town ofEketahuna.The property features 40 ha ofproductive flats, 120 ha easy tomedium/steep hill with the remainder innative bush. Currently operated asmixed drystock operation of sheep, beefand deer with the flats being leased to

a neighbouring dairy farmer.Infrastructure is made up of coveredyards, 2 stand woolshed, deershed andcattleyards.All this combined with a solid threebedroom family home and "The Hut"accommodation offering alternativeincome make this property an attractiveacquisition.RV $1,430,000

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[email protected] 06 370 4340Office 06 370 0701Mobile 027 652 4399Malcolm [email protected] 06 376 6341Office 06 376 8486Mobile 027 449 5496Jared Brock

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Tararua


TARARUAProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 376 [email protected] Main Street

Eketahuna Dairy - 113 ha

BY NEGOTIATIONWEB ID PR46530EKETAHUNA

15 Cullen StreetSIJ Holdings is situated on the townboundary of Eketahuna just 33km northof Masterton and 45 minutes drive fromPalmerston North. The milking platformof 94 ha has produced a 2 year averageof 89,000kgMS.The flat to easy hill property featuresgood access to the 24 aside herringbone shed and 200+ cow feed pad.The property is well supported with

good out-buildings and a modern threebedroom plus office and two bathroomhome. This property offers an excellententry level opportunity in an arearegarded as summersafe.RV $2,110,000

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[email protected] 06 376 7238Office 06 376 8486Mobile 021 518 660Phil [email protected] 06 376 6341Office 06 376 8486Mobile 027 449 5496Jared Brock

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Future investment

$495,000 + GST (IF ANY)WEB ID PR46507PAHIATUA

268 Druce RoadPurchase now and invest for the futurein this 28.4670 ha forestry block.Serious planting on this block started in1994 with 5.7 ha established andsubsequent planting of 4.9 ha in 1995and 16.4 ha in 1996.Located 12km to State Highway 2 and15km to Woodville all silviculture hasbeen concluded in a timely manner byNew Zealand Pine Management

Limited.The block is not currently registeredwith the Emission Trading Scheme andhas no carbon credit liability.For further information andappointment to view, please contactPhil Wilson.

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[email protected] 06 376 7238Office 06 376 8486Mobile 021 518 660Phil Wilson

35Property Brokers

Wairarapa


MASTERTONProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 370 [email protected] Chapel Street

Genuine Wairarapa station

$4,650,000 + GST (IF ANY)WEB ID MR47396MASTERTON565 Maringi RoadThis genuine 966 hectare sheep andbeef unit is of the highest quality, and issituated 25 minutes north of Masterton.

It contains a balance of easy to mediumhill country with complementary flats,totalling 110 paddocks. Very goodaccess and sound water. Regularly topdressed including 1500 ton of lime and140 ton of DAP in the past year.

The property contains a solid fourbedroom family home, single mans

quarters and a 4 stand woolshed withsubstantial covered yards. Seven sets ofsatellite yards greatly assist stockmanagement

All gullies are fenced along with 31hectares of pines.

This Ballance award winning station isfor sale at $4.65 million (plus GST).

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[email protected] 06 372 7789Office 06 370 0701Mobile 027 443 3756Paul Joblin

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Wairarapa


MASTERTONProperty Brokers Limited Licensed under the Real Estate Agents Act 2008 06 370 [email protected] Chapel Street

Versatile block

TENDERWEB ID MR48764KAHUTARA539 Kahutara RoadFenced into 12 paddocks, bore water toall paddocks and a central lane makethis 41 hectare, flat block very desirable.It has generous road frontage and iscomplemented by a useful 4 bay shed.This property can be utilised for stockfinishing, dairy support or cropping, thiswell located block is a must to inspect.

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TENDER closes Friday 29th April,2016 at 4.00pm, (unless sold prior),Property Brokers Ltd, 84 ChapelStreet, Masterton

[email protected] 06 372 7789Office 06 370 0701Mobile 027 443 3756Paul Joblin

[email protected] 06 370 0701Mobile 027 491 4630Hamish Wylie

37Property Brokers

CanterburyIn a marketplace where everyone is looking for some direction as to values, not enough sales have occurred to give us a good picture. The presence or otherwise of neighbouring buyers for a property is a significant influence in the market currently.

An end of year rush, in some areas, saw a number of farms sold at satisfactory levels. Post Christmas several new listings have come to the market across all farming types. Sales are being made, notably to neighbouring buyers who are purchasing when the opportunity presents itself. Buyer enquiry is continuing, albeit with less urgency shown in their activity than in some years. Along with advertised properties, a number of quiet listings are also available.

Potential buyers should keep in touch with one of our sales consultants so that if a property suitable to their requirements becomes available, they can be informed of it.

Canterbury


RANGIORAHastings McLeod Limited Licensed under the Real Estate Agents Act 2008 0800 625 [email protected] High Street

So many options at 'Karaka'

$795,000 + GST (IF ANY)WEB ID RR48331WAIKARI696 Karaka Road• 44 hectares (3 titles)• 4 bedroom homestead• 2 implement/hay sheds• Cattle yards

Selling below the RV of $1,130,000.00,this property must be seen.

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[email protected] 03 313 8022Mobile 027 868 6009Tim Murdoch

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39Property Brokers

Canterbury


RURALHastings McLeod Limited Licensed under the Real Estate Agents Act 2008 03 307 [email protected] West Street, Ashburton

85 ha farming investment opportunity - Ashburton

BY NEGOTIATIONWEB ID AR48888TINWALD

Stranges RoadA prime location adjacent to Lake HoodHuntingdon Park Subdivision. Benefitsinclude spray irrigation and strongWakanui soils utilised for arable, lambfinishing and dairy support.Three road frontages allow excellentaccess and underpins for futureinvestment potential.

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Office 03 307 9192Mobile 0274 333 436Rodger LethamOffice 03 307 9176Mobile 027 447 4382Greg JopsonOffice 03 307 9190Mobile 0274 323 382Paul Cunneen

32.3 ha - two homes * extensive sheds

$1,600,000 + GST (IF ANY)WEB ID AR47427

HINDS165 Isleworth RoadA mid scale property handy to Hinds.Good arable soils and new pastures. Inrecent times has been dairy support,prior a Limousin cattle stud. Extensivelyrenovated, extended and modernisedthree bedroom home, new cottage,66sqm social room, triple and doublegarage/workshop, 2 + 2 + 3 bayimplement sheds, 182sqm high studworkshop with three phase power.

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Office 03 307 9192Mobile 0274 333 436Rodger LethamOffice 03 307 9191Mobile 0274 342 545Chris MurdochOffice 03 307 9190Mobile 0274 323 382Paul Cunneen

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Ideal smaller dairy unit - 99.3856 ha

WEB ID AR46263WAIMATE64 Haymans RoadThis very productive smaller dairy unitwould make an ideal first farm or forthe type of person who wants to getthe most out of their top end dairycows. Special features:• Excellent irrigation, ground water• Quality soils• Excellent 450 cow "free stall cowhouse"• Very tidy 32 aside herringbone shed• Two tidy homes in sheltered setting.

BY NEGOTIATION

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Chris MurdochMobile 0274 342 545Office 03 307 9191

Michael Richardson Mobile 027 228 7027Office 03 687 7145


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Canterbury



206 ha - the feed machine


ASHBURTON2195 Ashburton Staveley RoadAn upper plains property of 206hectares growing a mix of fodder beet,maize and young pasture. Irrigated withBCI and groundwater, this farm hassome quality soils. Sound house and fullrange of buildings. A property offeringa range of farming options from a dairysupport to arable to finishing farm

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Office 03 307 9190Mobile 0274 323 382Paul CunneenOffice 03 307 9176Mobile 027 447 4382Greg JopsonOffice 03 307 9191Mobile 0274 342 545Chris Murdoch

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"Willowdale" on Greenstreet 19.46 ha

BY NEGOTIATIONWEB ID AR42455

ASHBURTON400 Ashburton Staveley RoadThe complete small farm or lifestyleproperty within five minutes drive ofAshburton in the favoured Greenstreetarea. 19.46 hectares plus 5.6 hectaresCrown Land.- 238sqm homestead, modernkitchen/bathrooms, well maintainedwith many features- Sheltered, beautiful gardens, BBQ areaand landscaping- Excellent soils, fully irrigated.

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Office 03 307 9191Mobile 0274 342 545Chris MurdochOffice 03 307 9192Mobile 0274 333 436Rodger LethamOffice 03 307 9176Mobile 027 447 4382Greg Jopson

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Location, scope & potential - 544 ha

BY NEGOTIATIONWEB ID AR48719

BALCLUTHA173 Glenfalloch RoadGlenfalloch provides a genuineopportunity by a motivated vendor tosecure a well known property in thestrong Warepa - South Otago farmingdistrict. Its strength is as a breeding unitbut equally has the ability to finish allproduction. A perfect strategic fir intandem with a finishing property,integrate within a larger farmingbusiness or standalone farmingopportunity.

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[email protected] 03 434 2699Office 03 434 3347Mobile 021 544 488Jude [email protected] 03 307 9176Mobile 027 447 4382Greg Jopson

Dairy farm 322 ha - low cost production


METHVEN149 McLennans Bush RoadA quality Methven dairy farm operation.The 1200mm rainfall allows for lowoperating costs but with the ability to"ramp up" with excellent in shed andfeed pad systems. The quality of thedevelopment is evident in lanes,subdivision, pastures, stock watersupply, 60 bale rotary milking shed, vetfacilities, extensive sheds, qualityexecutive four bedroom home.

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Office 03 307 9191Mobile 0274 342 545Chris MurdochOffice 03 307 9192Mobile 0274 333 436Rodger LethamOffice 03 307 9190Mobile 0274 323 382Paul Cunneen

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41Property Brokers

Canterbury



Nimrod Downs - 2151 ha

BY NEGOTIATIONWEB ID AR48149ALBURY

2034 Mt Nessing RoadSeldom do we see freehold farms ofthis size (being 2151 ha freehold) andscale come to the market. A greatopportunity to purchase a well balancedfarm with land that goes from easyfattening downs to tussock breedingcountry. This farm has the ability toboth breed and fatten and has an arrayof buildings from modernisedhomestead, tidy second home, excellent

three stand raised board woolshed andcovered yards, cattle yards, implementshed and workshop. All in all a greatfarm in a well regrassed area and only63km to Timaru or 36km to Fairlie.

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Rare opportunity - irrigation and options

BUYERS $2,500,000+WEB ID AR48513ASHBURTON

293 Hackthorne RoadThis leasehold property presents a rareopportunity for buyers to secure astandalone unit, strategic purchase fordairy support, finishing or dairyplatform. An affordable option with thebenefit of low cost/reliable MayfieldHinds Irrigation and nutrient allocation.Future potential of leasing additional101 ha provides the ideal platform toexpand your farming portfolio.

Offers over $2,500,000 plus GST (if any)

Offers to be received by 4pm on the14th April 2016.

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Office 03 307 9190Mobile 0274 323 382Paul CunneenOffice 03 307 9191Mobile 0274 342 545Chris MurdochOffice 03 307 9176Mobile 027 447 4382Greg Jopson

Michael RichardsonMobile 027 228 7027Office 03 687 [email protected]


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Chris MurdochMobile 027 434 2545Office 03 307 [email protected]

Canterbury


ROLLESTONHastings McLeod Limited Licensed under the Real Estate Agents Act 2008 03 929 [email protected] Tennyson Street

Feed machine - 70 ha

BY NEGOTIATIONWEB ID ROR48274

HORORATAMorgans Road70 ha (subject to survey) spray irrigatedgrazing property well located nearHororata, Central Canterbury.Irrigation water supplied by CentralPlains Water and applied via centrepivot covering 40 ha and the balance byhard hose gun irrigator.Excellent setup for wintering cattle or asa cut and carry option.Improvements include an older set ofcattle yards and two bay hayshed.

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[email protected] 03 929 0306Mobile 021 250 9714Gareth Cox

Irrigated with options

BY NEGOTIATIONWEB ID ROR47147

HORORATA310 Hororata RoadSuperbly presented 195 hagrazing/fattening property centrallylocated at Hororata, CentralCanterbury, only 50km fromChristchurch. Spray irrigated byrotorainer and k-line covering 98 hafrom existing groundwater take.Currently operated as an intensive cattlegrazing/finishing unit, achievingoutstanding results. Executive style fourbedroom homestead.

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Consider the options

BY NEGOTIATION + GST (IF ANY)WEB ID ROR48505

GEBBIES VALLEY128 Gebbies Pass Road• 85 ha grazing/finishing block• Excellent Motukarara location• Quality balanced soils - providesexcellent summer and winter balance• Good fertility levels• Excellent sheds and cattleyardsA well setup block with great balanceof soil types and excellent fertility,allowing potential purchasers a goodlevel of flexibility around potential usesof the block.

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Opportunity knocks

$2,400,000 + GST (IF ANY)WEB ID ROR48508

GREENPARKGammacks Road• 80 ha dairy support/finishing block• Excellent central location• Reliable low-cost irrigation water -39l/sec consent appiled via rotorainer• Dairy Farm quality pastures and fertilityHere is a rare opportunity to secure aquality block with reliable low costirrigation water in a central locationonly 25min from Christchurch CityCentre.

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43Property Brokers

South Canterbury


RURALHastings McLeod Ltd Licensed under the Real Estate Agents Act 2008 03 687 [email protected] Church & Sophia Sts

Sheep, beef & deer farm - lease

TENDERWEB ID TMR48598

ALBURY208 Limestone Valley RoadExpressions of interest sought for thisproperty on or beforeThursday, 14th April, 2016.

LEASE OPTIONS AVAILABLE:Option 1. Entire property 1669.8275 haOption 2. Pastoral lease 1141.2135 haOption 3. Freehold only 528.0614 ha

Further options/combinations could beconsidered.

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TENDER closes Thursday 5th May,2016 at 4.00pm, (unless sold prior),Property Brokers Building, CnrChurch and Sophia Streets, Timaru7910

[email protected] 03 687 7145Mobile 027 228 7027Michael Richardson

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Braeval

DEADLINE SALEWEB ID TMR48315

CAVE126 McPhersons Road• Scope• 4000 plus stock units• 4 stand raised board shearing shedand covered yards• Laned and well tracked• Great Location - approx 30km fromTimaruAn excellent one man unit 'Braeval' hasa lot to offer with 46 stock water dams,9 streams, and excellent subdivision into16 hill blocks plus 43 other paddocks.

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DEADLINE SALE closes Thursday 5thMay, 2016 at 4.00pm, (unless soldprior)


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Vendor's piece of paradise

BY NEGOTIATIONWEB ID TMR47914

TEMUKA182 Galbraith Road• 68 hectares of productive land• Well maintained villa• 2 stand raised board shearing shed• Four bedrooms• All day sun with mature gardens• Excellent subdivisionThe vendors have said this is theirparadise, so after 24 years of calling thisproperty home, it is time to move on.This is a great starter farm or an add on.

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Minutes from town

BY NEGOTIATION + GST (IF ANY)WEB ID TMR46380

TIMARUCartwrights Road• Bare land 45 hectares (subject tosurvey)• Fertile soils, location• Two road frontages• Currently used lamb finishing• Cropping potentialAn excellent start to your farmingcareer or an add on to your existingbusiness. Properties of this size andlocation do not come on to the marketvery often. Enquire today!

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South Canterbury


RURALHastings McLeod Ltd Licensed under the Real Estate Agents Act 2008 03 687 [email protected] Church & Sophia Sts

The Oaks


MAHENO281 Kakanui Valley Road• Exceptional 410.0255 ha property• Currently milking 1200 cows• Proven performer• Four sound homes, one unit• 7 pivots plus K-line• 54 bail Rotary Dairy ShedCurrently milking 1200 cows andconsistently producing an average of1500kg/ms/ha off the milking platform.This farm has proven results withexcellent infrastructure in place.

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Whartons Road


MAHENOWhartons Road• 78.2637 hectares bare land• Productive soils• Three pivots & reliable irrigation water• Set up for 2016 winter• Road access on two boundaries• Size and location

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3885 Waimate Highway


WAIMATE3885 Waimate Highway• Milking Production 2013-2014,341,547kg/ms• 40 bale rotary with ACR's and mealfeeders• Extremely reliable irrigation water• Sought after low cost irrigation - allK-line• Good all weather lanes in place• Subdivided into 63 paddocks• Good array of farm sheds• Very sound four bedroom home

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Taiko's country

BY NEGOTIATIONWEB ID TMR22494

TIMARUTaiko Hall Road• Approx. 11km west of Timaru• Approx. 60% flat - 40% rolling• Water: Downlands water/two units• Deer Fencing 99%• Claremont Silt Loam/Claremont Hill• Divided into five paddocks• Taiko area has an average rainfall of600mm per annum.• Great opportunity to start on thefarming ladder

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[email protected] 03 614 3855Office 03 687 7146Mobile 027 204 7503Jeannette Pepping

45Property Brokers

West Coast The Coast has a lot of farms on the market and buyer activity has been very limited. However, with its low cost farming system finding favour at the moment and the lower capital investment outlay required on the Coast, the area offers people real opportunities.

North OtagoThe rural property market has been quiet in North Otago. Investors have been looking hard at the cost of water and the risk associated with irrigation on some of the country.

However, people can get good value for money in well-established areas if they are prepared to look. Examples include the opportunity to lease farms, providing an entry point for Farm Managers and younger couples looking to build their capital base.


GREYMOUTHRURALE V Arthur Limited Licensed under the Real Estate Agents Act 2008 03 768 [email protected] Tainui Street

Top of the line dairy - Hokitika

$4,850,000 + GST (IF ANY)WEB ID GYR48305KOKATAHI84 Bladier RoadWell appointed dairy farm located inthe sought after Kokatahi Valley 15minutes from Hokitika.

Comprising of 157 hectares of freedraining alluvial soils arguably some ofthe best agricultural soils on the Coast,this well maintained property has all thebases covered.

Featuring a tidy 24 bail rotary cowshedwith cup removers and meal feedingsystem, plus a full range of farm

buildings.Immaculate five bedroom homesteadset in established grounds and a wellpresented four bedroom villa. Currentlymilking 340 cows and achieving125,000kg/ms (five year average) withmilking herd wintered on milkingplatform.

This property presents an excellentopportunity for those looking for a lowcost owner/operator business or theastute investor.

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West Coast

47Property Brokers

West Coast


GREYMOUTHRURALE V Arthur Limited Licensed under the Real Estate Agents Act 2008 03 768 [email protected] Tainui Street

Unique large scale dairy unit

BY NEGOTIATION + GST (IF ANY)WEB ID GYR44906ATARAU

1852 Atarau RoadThe current owners have developed this436 hectare property (425 ha eff), 30minutes drive from Greymouth into anefficient and high producing dairy unitachieving 556,755kg/ms from 1350cows in the 2014/15 season.Improvements include 56 bail rotarycowshed with in shed feeding systemand ACR's. 600 cow concrete feed pad,49 paddocks connected by well

constructed all weather lanes. Irrigationto 230 hectares via three centre pivotsplus K-line, with ability to develop afurther 110 ha of K-line. Three x fourbedrooms homes plus cottage and a fullrange outbuildings located on thisimpressive property.

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[email protected] 03 768 7145Mobile 021 250 9714Gareth [email protected] 03 732 4340Office 03 768 7145Mobile 027 231 0117Trevor Kendrick

Sustainable dairying - Hokitika

$4,250,000 + GST (IF ANY)WEB ID GYR44196KOWHITIRANGI

70 Johnston Road172 ha dairy farm located in theKowhitirangi Valley 20 minutes fromHokitika.Well-appointed dairy unit featuring 28aside herringbone shed, three excellenthomes and more outbuildings than wecan list.Producing 130,000kg/ms from 360cows on a low cost grass based system.Property has been well farmed for many

years and presents an excellentopportunity for those looking to step upto farm ownership or the astuteinvestor.Available as a going concern withlivestock at valuation.Price: $4,250,000 + GST (if any) Land,Buildings & Shares.

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West Coast


RURALProperty Brokers Limited Licensed under the Real Estate Agents Act 2008

Nature at its best

$179,000WEB ID WER34383

WESTPORT SURROUNDSLot 2 Virgin Flat RoadTravel down Virgin Flat Road and you'llfind this gem of a property. 7.89 hasitting high on a terrace with anexcellent solid base, covered in a widevariety of Lowland Podocarp andsmaller native bush. The choice of threeridges to build on with stunning viewsto the front and Mountains to the rear.Only 15 minutes drive to Westport yet itcould be a million miles fromCivilization.

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[email protected] 03 789 7334Office 03 789 8777Mobile 027 662 2723Charlie Elley

Handy lifestyle block

$200,000WEB ID WER34494

WESTPORTState Highway 67Lifestyle block, only 5 minutes fromtown just before the Crossroads. Goodstarting point to those keen to establisha rural presence but not be too far fromthe shops. Two excellent building sites.

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Sergeants Hill Land

$112,000WEB ID WER34224WESTPORT SURROUNDS

Lot 1 Caledonian RoadElevated building site with rural anddistant sea views. Bush on westboundry. Lovely northerly aspect. Veryhandy to town with services close by.Great building site.

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49Property Brokers

132 Palmerston Street WESTPORT [email protected] 03 789 8777

North Otago


RURALHastings McLeod Limited Licensed under the Real Estate Agents Act 2008 03 434 [email protected] Thames Street

Easy contours 154 ha

BY NEGOTIATIONWEB ID OMR72253

MAHENO

• Flat to easy contour mostly northfacing• Renovated three bedroom home• Double garage & utility room• 6 units of water from Kauru Scheme• Excellent water storage in place• 100 shares in NOIC securedSupplementary allocation for irrigationin place. This property would lend itselfwell as a dairy support block, it wouldalso make an ideal beef finishingproperty.

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[email protected] 03 434 2699Office 03 434 3347Mobile 021 544 488Jude Livingstone

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37 ha close to Palmerston

$439,000 + GST (IF ANY)WEB ID OMR72239

PALMERSTONLot 5 Patterson Road• Currently utilised as beef breeding• Approx. 100 head cattle yard• Small pine and gum plantation• Good road access• One point of Goodwood water• Flat to easy paddocks, trees on hillareasA very successful Angus Stud has beenrun on this property in conjunction withthe adjoining 30 ha block also available.

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Fantastic lifestyle opportunity

$199,000WEB ID OMR72232

OAMARULot 1 Happy Valley Road• Elevated site• Views of mountains & surroundingfarmland• Handy to Kakanui & beaches• 4.3102 ha• Sealed road to gate• Approx. 15 min from OamaruThis is a great opportunity to develop alifestyle block with a lovely rural aspect.

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Dairy support or arable 86 ha

$1,500,000 + GST (IF ANY)WEB ID OMR72228

OAMARU- Serpentine Road• Flat to gentle rolling contour idealcropping• Well fenced for dairy or beef• 1.5 units of water• 30 000l tank• Cattle troughs in each paddock• 14 main paddocksThis property has wintered 500 dairycows but is mostly utilised as beeffinishing/cropping. The very goodcontours and soils provide manyoptions.

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North Otago


RURALHastings McLeod Limited Licensed under the Real Estate Agents Act 2008 03 434 [email protected] Thames Street

Dairy grazing 126 ha

BY NEGOTIATION + GST (IF ANY)WEB ID OMR72183NGAPARA

Tokarahi-Ngapara Road• Arable or cut & carry• Good balance of mostly flats to rolling• Very productive 126 ha• Shearing shed, hay & implement sheds• Well subdivided into 16 mainpaddocks• Irrigation approx. 40 ha (20 shares inNOIC)

With a history of excellent stock health

this farm would compliment a largerdairy unit or make an ideal starter farm.It is well located in a sought after areaof North Otago with excellent roadaccess.

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[email protected] 03 687 7145Mobile 027 228 7027Michael [email protected] 03 434 2699Office 03 434 3347Mobile 021 544 488Jude Livingstone

Small farm or support block

$1,270,000WEB ID OMR72176OAMARU

130 Finlays Road• 55.573 hectares, flat to easy rolling• Three - four bedroom house partiallyrenovated• Shelter belts throughout farm• Two small stands of mature PinusRadiata• Post and wire with central laneway• Two stand shearing shed

This is an excellent opportunity to

secure a farm of this size in a soughtafter location, making an excellentaddition to a larger farm as a supportblock; cut and carry or as a smallfinishing farm.

VIEW By Appointment


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51Property Brokers

North IslandTe Aroha 07 884 9547

Matamata 07 888 6468

Te Kuiti 07 878 8266

Taumarunui 07 895 7123

Taihape 06 388 0200

Wairoa 06 838 3560

Napier 06 834 4255

Greenmeadows 06 845 9101

Taradale 06 844 0042

Hastings 06 873 0135

Havelock North 06 872 7037

Clive 06 872 6016

Central Hawkes Bay 06 858 7280

Wanganui 06 345 7714

Rangitikei 06 327 0069

Dannevirke 06 374 8102

Pahiatua 06 376 8486

Palmerston North 06 356 5122

Ashhurst 06 326 7023

Woodville 06 376566

Feilding 06 323 5544

Foxton 06 363 0022

Levin 06 366 0880

Masterton 06 370 0701

Carterton 06 379 6660

Greytown 06 304 8007

Martinborough 06 306 8484

South IslandAshburton 03 308 8209

Darfield 03 929 0306

Rolleston 03 929 0306

Geraldine 03 693 1315

Westport 03 789 8777

Greymouth 03 768 7145

Hokitika 03 755 8138

Oamaru 03 434 3347

Rangiora 03 313 8022

Timaru 03 687 7166

Waimate 03 689 7171

Property Brokers have branches in these great locations.

0800 FOR LAND Disclaimer: Please note that we are not a register valuer and that these observations are a result of our experience selling in your area, they are therefore intended for your private use only and are to be acknowledged as our “considered opinion”. All care has been taken in preparing this appraisal, Property Brokers Ltd, its salespeople and staff, accept no responsibility for the accuracy of the information at any time including liability in negligence to any other person. This information was obtained from the REINZ statistics. Whilst we believe this information is accurate, no liability can be accepted by Property Brokers Ltd, its salespeople or employees for copy error or omission.

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Date post:	24-Jul-2016
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Rural Outlook Autumn 2016

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