Property Express Spring 2025

LPETER NEWBOLD TALKS TO US ABOUT...

BUOYANT MARKET SPANS MOST RURAL SECTORS

ast year was an exceptional one for the rural property market. However, this year is shaping to be even better.

Several factors are working in favour of farmers, particularly in dairy, also in sheep and beef, while in horticulture forecast orchard gate returns are stronger than they have been in recent years. A good growing season appears in prospect, which will enable many to make the most of such favourable market conditions.

Many farmers, particularly those who have been considering selling in recent years, will be prompted by the buoyancy of primary production to take property to market. Others however will be more inclined to carry on for one more year. With red meat exceeding $8 per kilogram, milk solids around $10, and kiwifruit at least on par with last year, potentially with a greater yield, others will be persuaded to bank the returns forecast for the current season and hold off entering the property market.

Record returns and high confidence levels are reflected in the demand for breeding and finishing farms in most regions. Anyone offering a sheep and beef farm for spring sale can expect a satisfactory result. Likewise, pending location and productivity, most dairy farms offered for sale should attract plenty of interest.

Stick or twist: with markets as optimistic as they are at present, is now a good time to sell? In most rural property classes, plenty of buyers are evident, more than enough to account for the farms and orchards likely to be listed for sale in the next few months. That makes this a seller’s market.

Some exceptional farms and orchards are listed for sale in this edition of PGG Wrightson Real Estate’s premier publication Property Express. Active buyers are standing by to acquire

these properties. Sales approaching or above record values are expected.

While cyclical issues around farm ownership and career progression are motivating those who seek to sell, many purchasers are driven to consolidate existing holdings and extend ownership opportunities to family members.

Our salespeople have lists of motivated buyers seeking property able to support almost every type of land use. Through the rest of the year and into 2026, the appetite of these buyers is unlikely to be fully met. While additional desirable farms should come onto the market, the supply of these will not exceed demand and values should therefore hold firm.

A PGG Wrightson Real Estate salesperson at a local office near you is on hand to help evaluate your options and to assist you to buy or sell rural property. We cover the country with a broad team, encompassing deep experience, and decades of local knowledge. Under the wider PGG Wrightson brand, we are linked to an unsurpassed network fully attuned to those who do business on the land.

We look forward to providing independent advice to assist you to achieve your rural property objectives.

PETER NEWBOLD General Manager PGG Wrightson Real Estate Limited

HELPING GROW THE COUNTRY

PGG Wrightson Real Estate Limited is a nationwide real estate company assisting clients throughout the country and across the globe to buy and sell New Zealand property. We are a national network of experienced, local real estate agents who have been connecting people with property across the country, for generations.

We have over 150 salespeople located in PGG Wrightson regional centres, retail stores and standalone offices around the country. Supported by 21 industry qualified managers and over 55 specialist administration staff, we work together with our clients to exceed their best outcome.

As an organisation, our mission is to help grow the country – helping farmers and growers to become successful. Ultimately, our ability to do this comes down to the products and services that we provide and, in particular, the capability and integrity of our people. While we are a big company, we value the importance of the local touch and encourage our people to bring fresh thinking to “go the extra mile” to help our clients succeed.

A NETWORK THAT REALLY WORKS

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

AN OUTSTANDING BRAND

The PGG Wrightson Real Estate brand stands out from all the others – signifying trust, integrity and remarkable results.

SPECIALIST KNOWLEDGE AND WORLD-CLASS SERVICE

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

PEOPLE FOCUSED

Our clients and our staff mean everything to us. This is our company’s hallmark and we are proud of it. Our clients are the core, the heart of our business, and the very reason for our success. Our staff are among the best and most accomplished in the real estate industry. Together, they have made us who we are today and we recognise their importance in every aspect of our business.

UNBEATABLE TRACK RECORD

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

WE LIVE HERE TOO

For specialist knowledge on buying and selling rural, lifestyle and residential real estate throughout New Zealand, contact your local branch.

NORTH ISLAND

Cambridge 07 823 0647

Dargaville 09 439 3342

Dannevirke 06 374 4407

Feilding 06 323 0076

Hamilton 07 858 5338

Hastings 06 878 3156

Kaitaia 09 408 6130

Katikati 07 571 5795

Kerikeri 09 407 4832

Levin 06 367 0836

Masterton 06 378 2500

Matamata 07 889 0171

Morrinsville 07 889 0171

Pahiatua 06 323 0710

Pukekohe 09 237 2014

Taihape 06 323 0076

Te Awamutu 07 858 5338

Te Kuiti 07 858 5338

Te Puke 07 573 0243

Te Puna, Tauranga 07 571 5795

Waihi 07 863 6589

Waipukurau 06 858 6073

Wairoa 06 838 8059

Wellsford 09 423 9712

Whakatane 07 349 5486

Whangarei 09 470 2522

SOUTH ISLAND

Alexandra 03 440 2395

Amberley 03 313 0613

Ashburton 03 308 6173

Balclutha 03 470 0317

Blenheim 03 579 3703

Christchurch 03 341 4301

Cromwell 03 445 3735

Culverden 03 313 0610

Darfield 03 341 4301

Dunedin/Mosgiel 03 470 0317

Fairlie 03 687 7330

Geraldine 03 687 7330

Gore 03 209 0300

Greymouth 03 768 1222

Invercargill 03 211 3130

Leeston 03 341 4301

Lincoln 03 341 4301

Nelson 03 543 8592

Oamaru 03 433 1340

Palmerston 03 470 0317

Ranfurly 03 440 2395

Rangiora 03 313 0610

Te Anau 03 249 8611

Temuka 03 687 7330

Timaru 03 688 4084

Waimate 03 687 7330

WEST COAST

SIGNIFICANT SALES

GREAT PROPERTIES, OUTSTANDING RESULTS

The following is a sneak peek into the past few months’ successful sales from around the country. If you are after local knowledge, experience and the best outcome, contact our real estate specialists today to get your property listed and sold!

“Very good to communicate with and very organised.”

“Made me feel confident we would achieve the outcome I was looking for.”

“Spoke plain language and talked us through the process well.”

OCTOBER 2025

MARKET SECTOR REPORT

After some tough years, several rural property market sectors are now responding well to the upswing in export demand for New Zealand primary production. Dairy is leading the way, with the exceptional returns for red meat also starting to encourage more sheep and beef farmers to buy or sell land. Kiwifruit is on a similar trajectory. For some other sectors challenges still outweigh opportunity.

NORTH ISLAND SHEEP AND BEEF

With commodity prices higher than they have been for at least a generation, sheep and beef farmers have a positive mindset. Dropping interest rates and banks showing greater willingness to lend to the rural sector further underlines the buoyant mood. How strongly this feeds through into property transactions depends largely on the quantity of farms that come to the market over the next few months.

Succession is and always will be a prevailing reason to sell a farm. With returns at present so positive, the desire to exit may be on hold. At the same time, holding out risks not being able to find a buyer so easily.

Although now effectively on hold, the large scale of afforestation of North Island sheep and beef properties in recent years took farms out of the market. These farms would otherwise be coming through now to meet the demand that will persist in the current favourable conditions. Where farms were previously selling for conversion to trees at levels that sheep and beef farmers could not sustain, that option is now removed and values have dropped accordingly.

October and November are traditionally the main selling months for North Island sheep and beef properties, which looks likely to be the case this year.

SOUTH ISLAND SHEEP AND BEEF

Through the winter the South Island market for sheep and beef property has remained active. A number of farms listed for sale for some time finally transacted recently.

Three relatively large South Otago farms were sold to 11 different purchasers, typically with neighbours subdividing among themselves, a common trend of late. With improving confidence in red meat prospects, values have lifted moderately.

Mason Hills, 2500-hectares north east of Waiau, offering forestry and carbon credit income to augment the sheep and beef operation, settled in May.

As the spring and summer proceed, properties with scale should attract interest. Smaller properties are more likely to sell to neighbours.

High quality South Island sheep and beef properties listed for spring sale include Weka Pass and Gowan Hill, North Canterbury, comprising 770-hectares; and Glenside, a 752-hectare Waitahuna, South Otago farm in the same family since the 1870s and the location of a well-respected long established Simmental stud.

Rising commodity prices and falling interest rates should positively influence purchaser sentiment. Relaxed regulations around land not formerly grazed by dairy cows will extend that option and make some properties more desirable, particularly to the buoyant dairy sector, which should also lift the market through the spring and beyond.

NORTH ISLAND DAIRY

While North Island dairy farmers are enjoying the sector’s significant upswing in prospects, many are more intent on paying down debt than in transacting land.

Some however are ready to acquire property. These mainly comprise dairy families looking to grow their businesses, buying to provide a pathway in for other family members.

Notable winter sales include a 281-hectare Matamata property sold for $17.2 million, well above the district average value, and a 144-hectare Thornton property, recently redeveloped to the highest environmental standards, which sold for $60,000 per hectare.

Although quitting debt is a goal for many, bankers will be eager to put that money back to work, likely in the form of support for other farmers, particularly in dairy.

Some potential vendors have indicated they are motivated to sell, though are not yet fully convinced that the time is right. Others are firmly committing to a sales process this season. With the abundance of buyers in the market and values on an upward trajectory, anyone who does opt to sell can legitimately expect to be well rewarded for their decision.

One spring listing that should attract steady interest is a 360-hectare Galatea property with centre pivot irrigation, carrying 1200 cows.

SOUTH ISLAND DAIRY

After several autumn transactions, which incorporated a lift in values, of the few South Island dairy properties that remained available for winter sale, most are now under contract.

Although the number of investors with an appetite for dairy is growing, including retail investors for the first time since 2013, farmers are holding off selling property, opting to capitalise on promising forecasts. Intense buyer competition is likely to characterise the spring and summer.

Farm gate milk prices, longer term projections and lower interest rates are encouraging a positive mindset, further supported by the probable sale of Fonterra’s consumer brands. Smart investors may be willing to exceed current property values. Banks have a renewed appetite for agriculture.

Any quality dairy farm should sell well this spring. Notable listings include 440-hectare Golden Bay farm Bonnyfield; a 223-hectare Dorie, Mid Canterbury dairy property for sale by auction on 15 October; and four separate Rimu and Wyndham, Southland dairy farms from the same vendor, totalling 650 hectares.

Demand is likely to exceed the available supply of South Island dairy farms this spring and summer. Anyone thinking of exiting the sector will be well-placed to take advantage, particularly considering the additional equity held in their dairy cows, which has never been higher.

VITICULTURE

An oversupply of grapes in recent seasons, including a bumper 2025 crop, has created an excess of unsold wine. Reduced demand for New Zealand exports is not helping.

Strict yield caps are set to be enforced on the 2026 harvest, average per tonne prices paid on supply contracts for the flagship Sauvignon Blanc variety will be down, and some growers are still awaiting confirmation that their grapes will be contracted.

Growers are using pruning and other vineyard management techniques to manage yields down, treating some older vineyards as dormant this year, rather than cropping them, while delaying re-planting other older vines.

Uncertainty therefore prevails in the viticulture property market. Plans to buy or sell land are on hold, while development of new vineyards and redevelopment of existing properties are being rescoped: sales are scarce and land values have not been tested for some time.

All other factors aside, at present overseas based entities own around one-third of Marlborough vineyards. In the past overseas owners have provided investment, knowledge, and international recognition to inspire development and innovation. Investment from overseas could again be the stimulus to re-energise the sector. In the meantime, viticulture property transactions will likely be treated with caution and subject to strict due diligence.

KIWIFRUIT

On the rebound after a couple of difficult seasons, the strength of global markets has lifted prospects for horticulture, resulting in the sector showing its greatest momentum in years. Even at higher values, some quality kiwifruit orchards are achieving sustained double digit returns.

Development of new orchards has once again picked up. Concentrated east of Te Puke and mostly former dairy farms, development blocks total over 130 hectares. These blocks take between two and four years to come into full production.

Held in May, Zespri’s licence auction offered two different types of licence: to plant 250 hectares of undeveloped land in the G3 gold variety, and to cut-over 150 hectares of green kiwifruit for conversion of the rootstock to gold. These sold for $561,000 per hectare and $454,000 per hectare respectively.

A-grade production blocks growing green kiwifruit are changing hands at and above $500,000 per canopy hectare. Gold orchards meanwhile are selling between $1.4 and $1.6 million per canopy hectare, exclusive of fruit.

Notable spring listings include a 4.8 canopy hectare mature gold Maketu orchard; a 9-hectare Te Puke highway orchard, 10-canopy hectare Edgecumbe orchard, also gold; and a total of over 70 hectares of land with the location, altitude, scale and abundant water required for development into first-class orchards.

PIPFRUIT AND STONEFRUIT

Pipfruit and stonefruit growers face some challenges. One relatively new industry player, a high profile licensed variety previously delivering excellent returns, looks to have over reached. By overestimating supply over the next two to three years it has significantly outrun projected export demand. This puts the variety’s viability at risk, leaving associated growers under stress.

Growers with licenses for the star export varieties can look forward with confidence. Those who elected otherwise face uncertainty. As the market is now structured, to keep up with demand for new varieties growers need to factor in renewing ten to 15 per cent of their trees each year. Unless they have an orchard of sufficient scale to attract a larger corporate purchaser, or the financial resources to switch varieties, they are likely to struggle.

On a more positive note, two of the sector’s largest trading entities recently returned to profit.

Recent sales activity is focused on four Hawke’s Bay orchard blocks, totalling approximately 100 hectares, which sold under Overseas Investment Office approval. All outside the Cyclone Gabriel floodzone, an important consideration, their new owner has tagged a big percentage of these properties for total redevelopment. Most existing trees will be pulled out and new varieties planted.

CROPPING

Typically, cropping farms tend to be tightly held within a limited number of farming entities. Enduring a period of price pressure and diminished returns, arable farmers have not been inclined to participate in the property market over the past few months.

Those notable cropping properties that have sold recently have generally been supported by dairy farm owners looking to consolidate their businesses by securing opportunities for grazing and supplemental feed.

As the upswing in the dairy sector gains momentum, likely associated with increased demand for grain, additional revenue and levels of optimism among arable farmers should grow, though this could take a few months.

Among cropping farms, a top quality spray irrigated unit near Greendale; a dryland property with good infrastructure and soils near Rakaia; and a 168 hectare property on the outskirts of Timaru have all sold well in recent months.

Some smaller South Canterbury bareland blocks, between 100 and 200 hectares, will be offered for sale in the spring market.

In the present conditions genuine arable only properties carry less appeal, while those with scale, plus flexible and versatile land use potential, will attract a growing list of motivated buyers, including those looking for dairy support or possibly conversion to a milking platform.

FORESTRY

Regulatory changes since the 2023 election have altered the forestry property market. Although for those with forest plans and trees ordered some activity is still occurring, the rest of the market is largely in hiatus.

Changes to the Emissions Trading Scheme (ETS) have restricted the quantity of forest that can be registered. For actively farmed land capable of supporting other productive use, no more than 25 per cent can now enter the ETS, largely eliminating such land as an option for carbon forestry, and therefore reducing the potential sale of such land for conversion from pasture to trees.

Some private sales have proceeded, mainly to New Zealand nationals and private buyers.

For overseas investors focused on scale, opportunities remain. Some Southland sales in this category are in process, pending meeting the Overseas Investment Office’s special forestry test.

Also subduing interest in forestry property, both the export and local timber markets are at a low ebb. Some farm woodlots are selling, though with returns at the lower end of the cycle, most will be content to hold them until the market improves. Sawmills tend to be only cutting to meet specific orders at present.

KAIKOHE,NORTHLAND

5587 State Highway 12

Prime Land Groomed to Go! 19.5032ha - Subject to survey in two titles.

An extremely well presented, hard to improve property with exceptionally good features. The property has two homes, one is three bedrooms and the other is open plan, permitted, but not fully consented. Conventional fencing and as new cattle yards. Good contour and quality free draining soils. There is a generously sized pump and spring fed water supply, along with patches of mature native bush. Grow any plant, suited to any animal.

Approx 4.5ha of similar adjacent land can be leased if wanted.

3 1 Price by Negotiation Plus GST (if any) pggwre.co.nz/KER41874

KAIKOHE,NORTHLAND

5631 State Highway 12

Rare Blend of Natural Beauty and Future Potential!

Nestled in a warm and sunny pocket of the Bay of Islands, this exceptional four bedroom home lifestyle property offers a unique opportunity for those seeking space, income and long term value. The land gently rolls away from grazing land to a stunning native bush backdrop, where two strong natural springs emerge from the rocks below, adding a tranquil element to the 31.09ha property. In the front of that, an organically farmed (not certified) orchard features estimated 550 healthy trees, aged from 4-15 years old. The orchard remains a valuable asset, with the potential to contribute significantly to your mortgage.

aludbrook@pggwrightson.co.nz

Auction Plus GST (if any) (Unless Sold Prior) 11.00am, Thursday 23 October

pggwre.co.nz/KER42268

DARGAVILLE,NORTHLAND

674 Pouto Road

Turnkey Dairy Operation

192 hectare dairy farm. Key features include 34 ASHB, calf shed, workshop and multiple utility outbuildings. Two cow shelters with capacity for 400 cows and a feed pad, ensure optimal pasture management. Well raced and fully reticulated for water. Top production over the past three seasons reached an impressive 147,398kg MS from 360 cows. Includes two well maintained homes. The main residence is a superior dwelling set amidst beautifully landscaped, park-like grounds. An outstanding opportunity with flexible purchasing options available. Ideal for those seeking a high-performing, turnkey dairy operation in a premium location.

027 668 8468

mbrowning@pggwrightson.co.nz

027 471 6388

999 591

BARRY BANICEVICH

MATAKOHE,NORTHLAND

144 Poyner Road

Lakeside Farming Paradise

Escape to nature and farm with ease on this stunning 117 hectare property, where rolling pastures meet a tranquil private lake - perfect for summer fun. Well set up for cattle with limestone races, automated yards, weigh scales, hay barns, implement and calf-rearing sheds. The warm four-bedroom home spans two levels with open-plan living, one bathroom, double garage, carport and sunny decks with rural views. A rare lifestyle opportunity where productivity meets comfort.

Call now to view!

mbrowning@pggwrightson.co.nz

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Wednesday 29 October pggwre.co.nz/DAG42141

Video Available

TEKOPURU,NORTHLAND

60 Scarrott Road

What a Spot, Farm and Home

Four-bedroom GJ Gardner family home and 144 hectares. This stunning property offers an ideal combination of spacious living and modern conveniences, making it a perfect sanctuary for families and those seeking an exceptional lifestyle with its inviting atmosphere and thoughtful layout. You are greeted by a warm, open space that makes entertaining a pleasure. Generously sized living area, seamlessly connecting to the dining kitchen space, ensuring that family gatherings are effortless. The land is tidy with three bores for water, a large five bay implement storage shed with tack room. This will tick all the boxes - call now to view.

MATAKOHE,NORTHLAND

205 Tinopai Road

A Slice of Paradise Overlooking Kaipara Harbour

This picturesque 158 hectare property offers historic charm and modern convenience. With prime road frontage and elevated views of the Kaipara Harbour, it features a four bedroom homestead with two bathrooms, an office, laundry and a three bay garage with carport. Potential building sites with stunning harbour views make it ideal for development or subdivision. Currently managed as a beef unit, it supports around 300 cattle. The farm has robust infrastructure, including stock yards, implement sheds and a limestone quarry. Water is sourced from a stream and dams, reticulated to troughs across 30 paddocks.

WELLSFORD,AUCKLAND

77 Parker Road

Exceptional Dairy Opportunity in Tomarata

Located in the highly sought-after Tomarata region, this 200-hectare dairy unit offers an outstanding combination of scale, infrastructure, and future potential. The property features rolling contour with predominantly north-east facing land. The farm is well set up, with a 36-aside herringbone shed complete with PPP in-shed feeding system, currently milking approximately 520 cows. A Bosch irrigation system irrigating 100+ hectares supplied by a large adjacent dam, provides reliable water security. The main home has four-bedrooms, and two-bathrooms, with a secondary three-bedroom dwelling is ideal for staff or extended family.

teamscott.tapp@pggwrightson.co.nz

Deadline Sale

Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Thursday 20 November pggwre.co.nz/WEL42331

SCOTT TAPP

KAUKAPAKAPA,AUCKLAND

325 Haruru Road

Large Grazing Block on Auckland's Doorstep

An exceptional opportunity to secure 191 hectares in two titles, offering predominantly rolling contour and endless potential. Located just 15km from Silverdale shopping centre and the Northern motorway. The land features impressive stands of native bush and an adjacent running stream, creating a picturesque and tranquil setting. Adding to the charm are historic farm buildings and yards. Currently the grazing land is leased out by the retired vendors, offering flexibility for future use. Accommodation is a modern three-bedroom, twobathroom home, perfectly positioned to enjoy the peaceful rural surroundings. Contact me today to view.

teamscott.tapp@pggwrightson.co.nz

Deadline Sale

Plus GST (if any) (Unless Sold Prior)

Closes 3.00pm, Thursday 27 November

pggwre.co.nz/WEL41861

WAIUKU,AUCKLAND

1047 Awhitu Road

Vendors Bought - Now Farming in Southland

This 161 hectare dairy farm presents an outstanding opportunity to secure a well established operation in a stunning coastal location. It features a 30 ASHB dairy shed with rubber matting, an inline feed system, and a modern bladder effluent setup. Currently winter milking, a spacious five-bedroom home, a two-bedroom cottage, and multiple sheds for equipment and calf rearing. High-quality fencing and raceways ensure efficient farm management.

Just minutes from beaches, a boat ramp, the farm also enjoys elevated views over the Manukau Harbour and is selling under GV, this property is well worth your consideration.

KANE NEEDHAM

027 336 8709

kane.needham@pggwrightson.co.nz

MARK NEEDHAM

027 704 6833

mneedham@pggwrightson.co.nz

5 1

$5.35M Plus GST (if any) pggwre.co.nz/PUK38389

Video Available

PUNI,AUCKLAND

229 Wily Road

Prime Flat Land

An exceptional opportunity to secure 35 hectares of predominantly flat, fertile land ideal for dairy support or cropping. Currently used for growing maize, hay, and grass silage, the block offers excellent versatility. Infrastructure includes an old three bedroom cottage, original cowshed with power, functional stock yards, and a hay barn. Located just minutes from Pukekohe town, this property combines rural lifestyle with urban convenience.

Whether you're expanding your operation or seeking a lifestyle change with income potential, this property delivers on location, scale, and infrastructure.

VAN MIL

027 473 3632

avanmil@pggwrightson.co.nz

3 1 Tender Plus GST (if any)

pggwre.co.nz/PUK41492

ADRIAN

AKAAKA,AUCKLAND

701 Aka Aka Road

Unleash the Potential - Close to Pukekohe

After two generations of dedicated ownership, this 130 hectare dairy farm is ready for its next chapter. Spread across four freehold titles, the flat, fertile land supports 350 milking cows on average, with scope to increase production through targeted investment and modern management. A 32 bail rotary dairy shed ensures efficient operations, and two well positioned homes offer flexibility for owners, managers, or staff.

Livestock can be included in the sale for a seamless transition. With room to grow this is a rare chance to secure this dairy unit in a sought after location.

(if any) pggwre.co.nz/PUK41758

ADRIAN VAN MIL

Trig Road

Twin Palms Orchard

2.26 can ha of G3 Gold kiwifruit and 1.0 can ha of 'Ruby Red', fully irrigated from bore. This fertile high producing orchard is a real money maker. The overhead shelter will give you confidence. The new Frost Boss frost fan works well protecting new spring buds.

The charming two bedroom cottage is well maintained and ready to move in or use it for long holiday weekends or rent it out. The large American style barn has drive-through capabilities with a storage bay on each side, an orchard toilet and plumbed for a shower. Bring your family. This one wants to be sold.

afowler@pggwrightson.co.nz 027 275 2244

by Negotiation Plus GST (if any)

KATIKATI,BAYOFPLENTY

35 Canon Road

Scale to Graze, Grow, Ride and Divide

166.8ha of opportunity with sweeping views, in the heart of the Bay of Plenty. This property offers 20ha of hay country 80ha of clean, rolling grazing land, well fenced and watered, perfect for beef or stud stock. The land is versatile, suitable for dairy grazing, finishing, kiwifruit, forestry, or tourism ventures. Freshwater streams tumble through impressive valleys, adding to the natural beauty. The property also includes a woolshed with power.

There’s potential here to create a 12 lot subdivision with panoramic views. With scale, diversity and an enviable location, this is your chance to secure a future-proof investment.

Tender Plus GST (if any) (Unless Sold Prior) Closes 3.00pm, Thursday 20 November pggwre.co.nz/TAR42240

Video Available

ANDREW FOWLER

TEPUKE,BAYOFPLENTY

121A No 4 Road

Sitting Pretty

Perched on the hill with views across native bush towards the coast just minutes from town is this north facing home and gold kiwifruit orchard. Set on approx. 4.1ha, it boasts 3.19 can ha of G3 sitting on Ag-beam, two large concrete-floor high-stud sheds with roller doors. The split level home has a two-bed, two-bath wing with living area and stunning kitchen, large deck with motorised louvres and motorised roller sides. A separate two-bed, one-bath wing off the deck allows space for teens, multi-generational living or an Airbnb cash-cow! This early-start low altitude G3 block in a premier postcode is worth a look.

TIM GALLAGHER

tim.gallagher@pggwrightson.co.nz 027 801 2888

4 3

$5.79M Plus GST (if any)

pggwre.co.nz/TEP42315

KIWIFRUIT RESURGING ON EXPORT CONFIDENCE

Pr ospects for horticulture are more positive than they have been for some time. Global markets are strong, and after a difficult season two years ago, where adverse weather conditions and industry staffing issues combined, and production on some kiwifruit orchards dropped by up to 50 per cent, last year’s crop rebounded, leaving growers and packhouses buoyant.

Tim Gallagher of PGG Wrightson Real Estate, Te Puke, recently named as REINZ 2024/5 Rural Salesperson of the Year nationwide, says positivity among growers means any tier one orchard offered to the market will be welcomed by committed and enthusiastic buyers.

“Demand for properties that meet the premium criteria is insatiable. More than 50 groups of potential purchasers recently inspected a high-production block of green,” says Tim.

Kiwifruit property specialist Dave McLaren, also of PGG Wrightson Real Estate, Te Puke, says buyer enquiry is swelling.

“As we approach this season’s optimum selling stage, with the market showing its strongest momentum in years, a new wave of orchard and bare land listings is arriving on the market.

“While green orchards are rising in value, as ever gold is highly sought after, and even at higher values, some quality orchards are achieving double digit percentage returns,” says Dave.

Development of new orchards is currently playing out in the sector, as Paul Wiltshier, Bay of Plenty Area Sales Manager for FruitFed Supplies, which is part of PGG Wrightson, explains.

“Large scale kiwifruit development, contouring and planting land previously used for dairy or avocadoes, is occurring in the Te Puke area. These large new blocks, comprising up to 100 hectares of new plantings, will come to production in the next four to five years, delivering on the potential identified in Zespri’s projected global market,” says Paul.

Zespri’s annual licence auction, held in May, ensures the sector meets future demand. Enabling growers to plant or convert vines for additional production, the auction also tracks market sentiment. This year licences to plant 250 hectares of new gold kiwifruit vines were made available, selling for $561,000 per hectare, while licences to cut over 150 hectares of green kiwifruit for conversion to gold sold for $454,000 per hectare.

Meanwhile, Tim Gallagher says established orchardists are active in the property market.

“They are looking for A grade production blocks growing green kiwifruit. Whereas in the past such orchards would have attracted interest for cut over and grafting on gold kiwifruit, they are now rising in market value, changing hands at and above $500,000 per canopy hectare. Based on that $500,000, investment in a top producing Hayward orchard, doing 14,000 trays per hectare at $8, would return approximately 12 per cent per annum after costs.

“In the recent challenging times, most orchardists were able to hold tight, with banks willing to support them through. For those bringing on new orchards during this period, it has been more difficult. However, they have now shown what they can do and are another year closer to full production in the orchards they have developed.

“While the mood is now positive, despite the rising property values, many owners intend to stay put and make the most of improved returns. Recent listings are generally from existing growers looking to sell to finance the next stage of new development, or the result of a divestment phase and succession plan,” says Tim.

Paul Wiltshier says the seasonal nature of the industry means prospects for the coming year cannot be accurately gauged until later in spring.

“By late October the bulk of the work has been done, vines are pruned, canes tied down, fertiliser and sprays applied, flowering is finished, and we will be able to better ascertain how much fruit is on the vines. At that point, we will have a good idea where growers and the industry as a whole are at with their numbers for the season.”

Dave McLaren is bringing a suite of high quality kiwifruit properties to the spring market, exemplifying the sector’s investment appeal.

“Current or upcoming listings include a 4.8 canopy hectare mature Maketu, Te Puke block, planted in gold. Flat contour, sound vine support structure and a great production record characterise this desirable package.

“On a larger scale, a 10-canopy hectare gold Edgecumbe orchard provides modern spacings, excellent contour, a high standard of shelter and contemporary support structures. In what will be its first season of full production, buyers in search of size and scale for an efficient growing operation should take note,” he says.

Meanwhile, as an opportunity that ticks all the boxes, east of Te Puke Dave has also listed a 40-hectare parcel of land.

“With the potential of the bare land waiting to be unlocked, location, altitude, scale and all important abundant consented water set this up for development as a first-class orchard.

“As industry confidence continues to rise, and with increasing recognition of horticulture’s strong return profiles, these and several other listings we have on offer represent a timely opportunity in a buoyant and dynamic sector,” says Dave.

Rural & Lifestyle Sales Consultant 027 223 3366

Rural & Lifestyle Sales Consultant 027 801 2888

Area Sales Manager, FruitFed Supplies 027 472 9264

MCLAREN

PAUL WILTSHIER

TIM GALLAGHER

TEPUKE,BAYOFPLENTY

881B Te Matai Road

Established Kiwifruit Orchard with Family Home

1.46 can ha G3 Gold and 5.04 can ha Hayward Green in a popular growing location. Set at the end of a quiet two party shared ROW, this well positioned property offers a great opportunity to secure an established orchard in a regarded growing location. Complete with a comfortable four-bedroom Lockwood home, excellent vine supporting structures and orchard sheds. Mostly flat contour with a small grazing paddock. This property offers a fantastic opportunity for those looking to invest in a productive horticulture block with scope to add value.

DAVID MCLAREN

027 223 3366

dmclaren@pggwrightson.co.nz

027 555 0421

karen.mclaren@pggwrightson.co.nz

KAREN MCLAREN

PONGAKAWA,BAYOFPLENTY

753 Pongakawa Bush Road

Horticultural Development Opportunity

38 hectares prime bare land (more or less subject to final survey). A rare opportunity to secure a premium bare land block, ready to be transformed into a flagship orchard or horticultural enterprise. Situated in one of the country's more desirable growing regions, renowned for its exceptional growing conditions and accelerating horticultural expansion, this expansive and elevated property offers outstanding potential for large scale horticultural development. With existing water consents for horticulture, excellent scale, and no dwellings, sheds or wetlands to navigate around, this is a true blank canvas.

DAVID MCLAREN

027 223 3366

dmclaren@pggwrightson.co.nz

KAREN MCLAREN

027 555 0421

karen.mclaren@pggwrightson.co.nz

For Sale

pggwre.co.nz/TEP42143

MATATA,BAYOFPLENTY

172 Sutherland Road

Scale on the Plains - 173 Hectares (STT)

Located on the Rangitaiki Plains, Whakatane this farm offers exceptional scale to dairy in an industry recognised region known for its great climate, highly productive soils and exceptional lifestyle.

With flat to slightly undulating contour, milking 500 mixed age dairy cows with a best production of 214,226kg MS, achieved milking through a 28 ASHB dairy shed. Two level, sixbedroom with office family home, two three-bedroom homes and all support infrastructure in place. Going concern purchase option with livestock. 6km to Edgecumbe and the Fonterra dairy factory.

by Negotiation

GST (if any) pggwre.co.nz/WHK37602

Available pgoldsmith@pggwrightson.co.nz

PHIL GOLDSMITH

EDGECUMBE,BAYOFPLENTY

504 West Bank Road

Exceptional Soils - Great Location

This will appeal to the discerning buyer looking for a quality productive property with the bonus of a little model dairy unit where the attention to detail showcases a faultless property.

48.86 flat fertile hectares in three titles, milking 185 mixed age Jersey cows - rearing 60 calves on whole milk, best production 82,776kg MS milking on 58ha. Rangitaiki Plains water scheme supply, ring loop reticulation, 14 ASHB shed, six bay half-round calf rearing shed/hay barn, four bay storage shed, implement shed and a comfortable three bedroom family home.

027 494 1844 PHIL

pgoldsmith@pggwrightson.co.nz

1 2

$2.795M Plus GST (if any) pggwre.co.nz/WHK36529

179 and 216 Rankin Road

Sheep and Beef Finishing

Located 27 kilometres east of Whakatane this 304.83 hectare finishing property is grazing 420 R1 and R2 service bulls, and 350 in-lamb ewes.

Infrastructure includes new access bridges, intensive subdivision, stockyards, four stand woolshed with a 450 head capacity covered night pen, two bay implement shed, recently upgraded dual on farm water supply systems with water reticulated to all paddocks and an air strip with a 60 tonne fertiliser bin. The three bedroom homestead is set in mature grounds. Drystock finishing farms with this scale are tightly held in the Eastern Bay.

pgoldsmith@pggwrightson.co.nz

$4.995M Plus GST (if any) pggwre.co.nz/WHK41589

Video Available

PHIL GOLDSMITH

GALATEA,BAYOFPLENTY

2230 Pokairoa Road

Winter Milk, Graze or Forestry

Available as a full winter milk, going concern, 2230 Pokairoa Road with its 256 hectares, in five titles offers a diversity of land uses and with the conversion now in its fifteenth year out of trees and into pasture, the property is just hitting its straps. Modern improvements including a 30 ASHB with ACR's in feed shed system and a 360 cow yard, eight bay implement shed, two three-bedroom homes and a self-contained cottage.

With 30 hectares (more or less) planted in four-year old radiata pine, and conveniently located right on the Kiangaroa forestry boundary, the property is well positioned if a change of land use into forestry is a consid 7 4 2

$4.95M Plus GST (if any) pggwre.co.nz/WHK40187

Video Available

PHIL GOLDSMITH

THORNTON DAIRY FARM SALE COMPLETES SUCCESSION PLAN

Edward Law bought a 61-hectare Thornton block, five kilometres west of Whakatane, at a public auction in the 1930s. A few kilometres away from the family farm, initially Edward and his son Wilf grazed cattle and sheep on the block. Then, in the early 1950s, Wilf’s son Jim and his young wife Kath took it over, as their eldest son Murray explains.

“They built a milking shed and the house that they lived in their entire married life.

“Back then, the property’s former existence as a wetland was abundantly evident. It was damp and covered in large stumps. Converting the land to dairy was no easy task, particularly as they wouldn’t take on debt.

“However, my father’s practical abilities were second to none. He always understood how things worked, and he improvised a stump extractor out of an old ploughshare. Hitching that up to his Massey Ferguson, and with a quantity of gelignite, he was able to remove the stumps.”

Although inventive, this wasn’t a quick process, and Jim was still working through the block by the time Murray was old enough to join in.

“As a young lad, I was thrilled. First he blew them up, then he ripped them out, then he put them in piles and burnt them. Although it took several years to clear all the stumps, he did it by himself, with me in tow.

“Nowadays you’d bring in contractors with big machines, and it would be done in a few weeks, though you’d be left with plenty of debt, which he didn’t believe in. Dad’s philosophy was ‘If you don’t have the money to pay for something, you don’t need it.’”

First born Murray was followed by brothers, Atholl, Jeffrey, and Adrian.

Even with the stumps gone, the ground remained wet, and Jim put in drains.

WHAKATANE

“Bullrushes were still growing in every paddock when I was growing up.

“Both parents were active in the community throughout their lives. Rangitaiki Plains is famous for flooding. To minimise that risk, when storms threatened, I remember going sandbagging around the district,” says Murray.

Supplying to the Rangitaiki Plains Dairy Company, over time Jim and Kath added parts of neighbouring farms to the original milking platform, increasing their carrying capacity, while also transitioning from owner-operator to 29 per cent share milking, then to 50:50 share milking.

“They had several share milkers through the years. They established strong relationships, including encouraging them to develop their own careers. One they mentored to become share milker of the year on two occasions.

“In the era they grew up, neither Jim nor Kath remained long in education. They encouraged us to though, and we all went to university, which in the end took us on paths away from farming,” says Murray.

In 2013 Jim and Kath Law decided that the wider family should take a more active role managing the farm.

“We realised that two separate environmental consents were due to expire in 2018. To be able to continue effluent compliance we integrated two farms, and built a modern milking facility that has become a landmark in the district. That required finance from elsewhere, which was at odds with the ‘no debt’ philosophy Jim and Kath always lived by.

“Although our parents were staggered at how much we spent, they realised we had future proofed the farm, so after some resistance, they fully agreed with what we were doing and why,” says Murray.

At around the same time, they consulted Phil Goldsmith of PGG Wrightson Real Estate, Whakatane.

“At that point, eventually selling the farm was one option. Our parents’ primary goal was to stay on the farm for the rest of their lives, while also creating a legacy for the family and the district,” says Murray.

Phil is regularly involved in farming family succession discussions.

“I could see that the Laws had a plan, which is where the process needs to start. Planning succession is a necessity in farming, particularly as businesses grow and values increase. When the numbers are so big and parents want to guarantee their own retirement, having one family member take over when there are three other siblings can be complex.

“Family motivation is always important. Many emotions come into it. Families need to take care to make rational decisions about the legacy they are passing on or taking on,” says Phil.

Jim and Kath remained on the farm their whole lives. Kath died in 2018. Jim was still driving and digging post holes at age 94, dying in September last year aged 98.

“Although we looked at establishing a family-owned company to run the farm, when Phil found a buyer, a neighbour, to better meet more of the family’s needs that became the preferred option,” Murray says.

“Meeting as many objectives as possible, providing a family legacy for the next generation, is the ideal outcome of a succession plan. In this instance that was a successful sale: a satisfactory conclusion,” says Phil.

PHIL GOLDSMITH Rural & Lifestyle Sales Consultant

027 494 1844 VIEW SOLD LISITING AT: pggwre.co.nz/WHK31158

Mum, Dad and the Law boys. From left: Murray Law, Adrian Law, Jeff Law, Jim Law, Kath Law, Atholl Law

GALATEA,BAYOFPLENTY

436 Haumea Road and 1035 Troutbeck Road

370ha Dairy Unit Centre Pivot Irrigated

Consented to milk 1200 cows over 370ha (STT), with 252ha irrigated under six centre pivot irrigators. This turn-key operation with an ongoing commitment to maintaining a high standard of support infrastructure, along with the longevity of environmental and consent compliance, makes this property an attractive consideration if the purchaser is looking for a sustainable investment in the dairy industry.

Two dairy sheds 40 ASHB and a 36 ASHB. Five homes, main home offers four bedrooms, two bathrooms, all Healthy Home compliant. If you have been looking to add to your dairy investment portfolio, call Phil now.

pgoldsmith@pggwrightson.co.nz 027

Tender

Plus GST (if any)

(Unless Sold Prior) Closes 4.00pm, Friday 21 November pggwre.co.nz/WHK42189

PHIL GOLDSMITH

RUATORIA,GISBORNE

196 Griffiths Road

Great Investment

10km from Ruatoria is where you will find this 356.59ha unspoiled and outstanding block of East Coast regenerative native bush and grazing land.

The native forest includes Manuka, Kanuka and Rewarewa with the added advantage of being registered under the Emissions Trading Scheme, allowing for an income stream.

The block also provides wild pigs, Fallow, Red deer and Spanish goats.

This is tranquillity in a place of beauty that you will not want to leave.

GARY BROOKS

027 444 3756

gary.brooks@pggwrightson.co.nz

Price by Negotiation Plus GST (if any)

pggwre.co.nz/HAS41560

NGAHINAPOURI,WAIKATO

911 Kakaramea Road

Dairy Farm - 92.33 hectares (more or less)

Strategically positioned in the heart of the Waikato, with excellent access to Hamilton, Te Awamutu, and surrounding rural services. This well-located, flat-contour dairy farm offers a compelling opportunity for purchasers seeking a productive and well-maintained property in a highly regarded dairying district. The farm has been leased in recent years and is currently presented to a high standard by the existing leaseholders. Milking 250 cows. Production: 104,785kg MS in the 2023/24 season. Three dwellings – all accessed from Kakaramea Road, 20 ASHB dairy shed, covered herd home – recently established, and fourbay calf rearing shed.

027 473 5855

pwylie@pggwrightson.co.nz

Auction Plus GST (if any) (Unless Sold Prior) 11.00am, Wednesday 26 November PGGWRE, 87 Duke Street, Cambridge pggwre.co.nz/TEK42123

PETER WYLIE

KARAPIRO,WAIKATO

4/366 Karapiro Road

Premium Cambridge Further Opportunities

In the centre of a location known for horses and lifestyle farming is this 168.4 hectare (more or less) productive dairy unit. With an average production of 256,856 kg MS over the past six seasons. Currently milking 450 cows. The immaculately presented four-bedroom homestead, built in 2010 and recently refurbished, offers comfort and style in a peaceful rural setting and is 12km to the centre of town.

PETER WYLIE

027 473 5855

pwylie@pggwrightson.co.nz

454

Tender

Plus GST (if any) (Unless Sold Prior)

Closes 3.00pm, Thursday 20 November PGGWRE, 87 Duke Street, Cambridge pggwre.co.nz/TEK42183

KARAPIRO DAIRY PROPERTY OFFERS RARE OPPORTUNITY

As the sector commences what promises to be an extended upswing, a rare opportunity has arisen to purchase an exceptional and superbly located Waikato dairy farm.

Richard Wright and Peter Wylie of PGG Wrightson Real Estate have listed the 168-hectare farm 13 kilometres east of Cambridge. Richard says the property combines scale, versatility, and future potential.

“This property has been astutely farmed to optimise its productivity as a dairy unit. Additionally, a new owner stands to gain some inviting alternative options,” he says.

Current owner Roger Blunt has had a varied farming journey, culminating in his 15-year tenure on this farm.

“My family were dairy farmers, though I started as a livestock agent, then went to farm sheep and cattle, then horticulture, before eventually coming back to dairy,” says Roger.

Eight years on a Northland dairy farm set Roger up for the

opportunity he took on in 2010.

“I was born nearby, though never dreamed I’d own a Waikato dairy farm. This had plenty of potential. With greater focus on pasture and fertility, I could see how it was going to produce more milk,” he says.

Nutrition was the key. Amalgamated, the property was previously two separate farms, one that had not been used as a milking platform for the preceding 12 years. Roger set about increasing fertility and inputs to maximise production to 306,000 kilograms of milk solids. Family has played a part, with Roger’s son and daughter-in-law taking up sharemilking positions. More recently, prompted by the then overall outlook, he deliberately dropped cow numbers to around 450.

“With returns where they are now, a new owner who knows what they are doing could potentially dial back up to maximum production: the farm’s upside remains,” says Roger.

On ash over clay soils, neighbouring land use change illustrates the farm’s versatility and potential. Historically it sits

WAIKATO

in a dry stock dairying and lifestyle area. Some local properties feature equine establishments. Kiwifruit is successfully produced in the district, and a new owner could carve out a portion of the farm for development. Several steeper gullies at the rear of the property, comprising 12 to 15 hectares, also offer other opportunities.

Meanwhile, the immediate vicinity is the locale for some of the country’s highest quality lifestyle developments, focused around Cambridge and nearby Lake Karapiro.

“With easy access to Lake Karapiro, our family has been heavily involved in watersports since we’ve lived here,” says Roger.

Sitting on a gentle rise, the beautifully maintained and immaculately presented four-bedroom homestead, built in 2010, provides comfort and style in a tranquil rural setting that Roger and wife Jo have enjoyed immensely.

Recently refurbished throughout, its elevation commands 360-degree vistas across the rolling countryside to Te Awamutu, Pirongia, Maungatautari and as far away as the Raglan hills. These views alone set the farm apart from almost any other dairy property, though Roger reckons its proximity is even more difficult to beat.

“That’s what I’ll most miss when I move on: an easy run to Hamilton, Rotorua and Tauranga, then a little further to Taupo. And being just off the end of the Waikato Expressway, not

even so far to Auckland. Which doesn’t even account for what Cambridge has to offer.

“With grandchildren on the farm, the quality of schooling at Cambridge High, plus its middle school and supporting primary schools, is difficult to beat. They all have good reputations, let alone St Peters,” Roger reckons.

Richard Wright expects keen buyer competition for the farm.

“Commodity prices are higher than they have been for at least a generation, on top of which interest rates are dropping, and banks are showing greater willingness to lend to the rural sector. This is an ideal time to buy, and few properties on the present market have as many outstanding features as this one,” he says.

RICHARD WRIGHT

Rural & Lifestyle Sales Consultant

027 454 6000

PETER WYLIE

Rural & Lifestyle Sales Consultant

027 473 5855

TIRAU,WAIKATO

66 Pahihi Road

Productive, Profitable and Picturesque in Tirau

This well-presented dairy farm of 119.5 hectares (more or less) is located 4.5km from Tirau, and a short distance to Cambridge and Matamata. Approximately 110 hectare milking platform with the balance being steeper sidling’s used for bulls and young stock, races and some fenced off wetland areas. 24ASHB Milking shed with protrack draughting, cup removers, dung buster and in-shed feeding. New AB race and is centrally located with an underpass for ease of stock management. Production from approximately 250 – 265 cows. 113,853kg MS 24/25 season. On track for 118,000kg MS this season. Double storied homestead of four bedrooms with ample garaging.

Deadline Private Treaty

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Tuesday 14 October PGGWRE, 72 Firth Street, Matamata pggwre.co.nz/MAT42130

TREVOR KENNY

PIARERE,WAIKATO

310 Paparamu Road

Large Scale Dairy With Location

Consisting of 214 hectares (more or less) with 180 hectares effective dairy platform. The balance is fertile flats ideal for maize and grass silage production with the balance in steeper sildings ideally set up for dairy heifer grazing. Current production is from approximately 500 MA spring calving cows milking a three year average of 187,000kg MS through a 44 ASHB dairy shed, with in-shed feeders and cup removers. Other buildings include a four bedroom homestead and two bedroom cottage, a three bay lockable shed, three hay barns and a disused shearing shed for calf rearing. Tracks and fencing are well maintained.

Auction Plus GST (if any) (Unless Sold Prior) 11.00am, Wednesday 19 November PGGWRE, 87 Duke Street, Cambridge pggwre.co.nz/MAT42279

WILTSDOWN,WAIKATO

2085A-B Old Taupo Road

Scale, Presentation and Production

Here is a prime opportunity to acquire a very productive 157 hectare (more or less) dairy unit with considerable scale in a very strong South Waikato dairy farming district. The current vendors have invested "sweat and toil" along with sound investment to bring the property into a highly productive and presentable unit with sustainability in mind Currently milking a 480-500 split calving herd through a modern 44 ASHB dairy shed, producing a 235,000kg MS three-year average. The property is well fenced and tracked for ease of livestock and vehicle movements, and wetlands and bush blocks planted and fenced off whilst providing aesthetic value.

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior)

Closes 4.00pm, Thursday 30 October PGGWRE, 72 Firth Street, Matamata pggwre.co.nz/MAT41965 Video Available

TREVOR KENNY

5 3

4267 State Highway 31

117ha Paradise in Kawhia

This is a once in a lifetime opportunity to secure a 117ha waterfront farm on the Kawhia Harbour. Clean and well farmed with an excellent fertiliser history, this block is currently grazing dairy heifers. Reliable bore water supply is pumped to troughs in each paddock and the springs, streams and harbour boundary are all fenced off.

Featuring a comfortable three-bedroom home and a recently renovated two-bedroom cottage, there is also a large implement shed and barn. Recreationally the farm offers fishing literally off your door step. This would make an ideal stand-alone finishing farm, support block, cropping or horticulture property.

RICHARD THOMSON

richard.thomson@pggwrightson.co.nz 027 294 8625

$3.6M Plus GST (if any)

pggwre.co.nz/HAM39623 Video Available

OPARAU,WAIKATO

PUKEATUA,WAIKATO

578 Waimanu Road

BENDALE - Profit and Production

A well-structured, highly productive dairy unit wintering just over 400 cows with a threeyear production average of 265,000kg MS, 662kg/MS per cow. The farming system is efficient, consistent, and supported by quality infrastructure. 110 effective hectares, mainly easy rolling contour. Steeper sidings retired and planted in natives. 26 well-fenced paddocks. All pastures regrassed with high-performing tetraploids. Soil tests showing excellent fertility levels. Strong, reliable bore water supply across the farm. 40-bail ASHB dairy shed with adjoining feed pad. Ample feed bunkers and silage pits. Outstanding four bedroom homestead.

pwylie@pggwrightson.co.nz 027 473 5855

Tender

Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Tuesday 28 October PGGWRE, 41 Market Street, Te Awamutu pggwre.co.nz/TEK42076

Video Available

PETER WYLIE

TEMAPARA,WAIKATO

758 State Highway 3

Calling All Cattle Graziers!!!

A rare opportunity to acquire a 260 hectare (more or less) cattle grazing property, available for the first time since 1920. Conveniently located along State Highway 3, just south of Te Kuiti, this well-established property offers easy-to-manage operations with excellent results for decades. 100% dedicated to cattle grazing, consistently running 290 Rising one year dairy heifers and 115 rising two year forward steers. Fertile terrace country. Efficient gravity water reticulation system throughout the majority of the farm. No silage made - grass-only operation with proven success. Stock and motorbike underpass for safe access between sections.

WYLIE

027 473 5855

pwylie@pggwrightson.co.nz

2 3

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior)

Closes 4.00pm, Friday 7 November PGGWRE, 57 Rora Street, Te Kuiti

pggwre.co.nz/TEK39241

PETER

WHAKAMARU,WAIKATO

139 Sandel Road

Grazing and Supplement Block

Looking for a reliable grazing and supplement block? This 54.244 hectare (more or less) property has the fertility, contour, and setup to get straight to work. Comfortably winters 120–180 R2 fattening heifers on average. Effective Area: Around 51 hectares in use. Balance is fenced off. Cropping: 30 hectares flat/easy and croppable, with the rest being easy rolling to steeper country. Lucerne: 11 hectares in the roadside paddock. Silage: Three cuts a year, roughly 300 bales per cut. Fencing into 16 paddocks, all well-subdivided with post & batten and electric. Water: Reliable spring-fed system under pressure, fully consented.

Auction

Plus GST (if any)

(Unless Sold Prior)

2.00pm, Wednesday 29 October PGGWRE, 87 Duke Street, Cambridge pggwre.co.nz/TEK42083

PETER WYLIE

3866 Napier-Taupo Road

Lifestyle With Income

This 21.5ha all purpose rural lifestyler has all the shedding you need and then some, with a 1980s built family home of 188m².

The excellent range of infrastructure, along with a good balance of mostly flat to easy rolling contour, provides for multiple farming options, whether calf rearing or sheep and beef farming and there is plenty of room for the horse. Hunting and trout fishing are at your doorstep.

027 444 3756

Plus GST (if any) pggwre.co.nz/HAS39143

GARY BROOKS hamish.goodwin@pggwrightson.co.nz 027 291 2156

gary.brooks@pggwrightson.co.nz

KAITIEKE,WHANGANUI

Mangahoe Road

Impressive Recreational Investment

Mangahoe Forest is a 156.78ha farm located in the Ruapehu district. We are offering you the chance to purchase a 50% shareholding in this property. The land of which the 127ha carbon forest.

You have the use of a cabin with log fire to keep you warm in winter, clear running water from a spring on the property and solar panels to provide electricity for lighting and the water pump as well as gas hot water. Make this your Chateau ski base or use it as a time for reflection and recharging your batteries. A more physical activity will see you hunting from your doorstep for red and fallow deer along with pigs and goats.

GARY BROOKS

027 444 3756

gary.brooks@pggwrightson.co.nz

HAMISH GOODWIN

027 291 2156

hamish.goodwin@pggwrightson.co.nz

1 1

Offers/Enquiries Over $1.2M Plus GST (if any) pggwre.co.nz/HAS39673

CROWNTHORPE,

613 Matapiro Road

Dress Circle Farmlet

This exceptional small farmlet features an outstanding family home, perfectly positioned to capture panoramic views across the property and surrounding countryside. Sunlight floods the home throughout the day, with seamless indoor-outdoor flow designed to maximise enjoyment of Hawke's Bay's long summer evenings.

The property spans 22.1ha (54.6 acres), is well subdivided, and includes sheds and yards, 23km west of Hastings.

Great retirement or transitional block.

FIONA HARPER

027 430 4499

fiona.harper@pggwrightson.co.nz

PAUL HARPER

027 494 4854

paul.harper@pggwrightson.co.nz

GST (if any)

Over $1.99M

1527 Wakarara Road

Diverse Farm Loaded With Options

Puketotara is a versatile 134.75ha property that offers a rare combination of lifestyle, productivity, and future income. Located in the strong farming district of Spring Hill, it features a tastefully renovated five-bedroom home with established grounds. The farm is well-equipped with a four-bay implement shed that includes a fully enclosed office, a deer shed with yards, and steel pipe cattle yards complete with a load-out facility.

Water security is a standout feature, with dams in most paddocks and a newly installed solarpowered reticulated water system supplying troughs throughout the property.

ONGAONGA,HAWKE'SBAY

Ngaruru Road

Productive Farm With Stunning View

Located at the end of a no-exit road, this predominantly flat 49.1186ha farm held in two titles offers a unique opportunity for those looking for a productive finishing block, someone transitioning into farming or downsizing. The property boasts predominantly LUC Class 1 soils and has been successfully cropped with sweet corn, process peas and fodder crops in the past.

There are numerous building sites that take full advantage of the Ruahine Ranges and Ngaruru Valley. Adding to the farm's charm is a picturesque pond, perfect for duck shooting or retiring to a wetland.

For

Sale

pggwre.co.nz/WPK42007

Video Available

ONGAONGA,HAWKE'SBAY

2048 State Highway 50

Dairy Support, Grass Factory

Indigo Heights presents as an exceptional support block to the Dairy Industry, comprising 280.1821ha held in two titles. Fenced into some 100 paddocks with extensive hard topped lanes from an onsite quarry.

Maize and extensive areas of grass silage taken each year alongside the wintering of 500 R1 and 500 R2 heifers most years.

Troughed from tank stored bore water plus renovated cattle yards, two haybarns, two woolsheds and a hunting cabin. Ideal location to service Tararua, Rangitikei or local dairy farms.

027

paul.harper@pggwrightson.co.nz

Deadline Private Treaty

No Prior Offers

Closes 4.00pm, Thursday 20 November, Hastings pggwre.co.nz/HAS42305

133 Pourerere Road

16.5ha Block With Development Potential

Just minutes from Waipawa township, this 16.5 hectare (approx. 40.8 acres) lifestyle block enjoys an elevated setting with wide southern views out to and beyond the Waipawa River.

Zoned Rural Industry Zone A, the land offers medium to steep contours with several potential house sites, giving buyers the choice to enjoy a single site - or consider the option of further development, with resource consent for up to 12 potential lots. Lot 5 offers a site that is albeit ready to go, with a platform already established to make things easy and the added potential for a Council water connection.

megan.dallimore@pggwrightson.co.nz

Enquiries Over $345,000

GST Inclusive

pggwre.co.nz/WPK42170

WAIPAWA,HAWKE'SBAY

222 Tapairu Road

Rural Lifestyle With Town Convenience

Located just minutes from Waipawa, this versatile 24.3ha (more or less) farmlet offers practical infrastructure and easy access to State Highway 2.

The property features predominantly flat land across two natural terraces, making it ideal for grazing, cropping, or creating your dream country retreat.

Supporting infrastructure includes a three-bay workshop with a concrete floor, a two-bay lean-to implement shed, a two-stand wool shed with yards and a solid north facing home.

PORANGAHAU,HAWKE'SBAY

1030 Wimbledon Road

Farming and Canopy Camping

An outstanding multi faceted sheep and beef property. Comprising 316.161ha, 55km east of Waipukurau and 10km to Porangahau Village and beach. Running breeding ewes and cows with very good farm infrastructure and a five bedroom villa in established grounds, with pool and tennis court.

Well tracked and fenced with pockets of bush remnants and good water.

A real feature is the “Butlers Quarters” part of the Canopy Glamping accommodation chain. A lot on offer here, with a five bedroom homestead completing the picture.

027 494 4854

Deadline Private Treaty Plus GST (if any) No Prior Offers

Closes 4.00pm, Thursday 27 November, Hastings pggwre.co.nz/HAS42285

WILLS BUCHANAN

027 462 9716

PAUL HARPER wills.buchanan@pggwrightson.co.nz

paul.harper@pggwrightson.co.nz

EKETAHUNA,WAIRARAPA

23 Haswell Street

Small Farm - Eketahuna

This 16ha small farm with three bedroom home located on the Eketahuna town boundary offers a multitude of options for astute buyers. Sound history of calf rearing, prime stock finishing and dairy grazing. Eight titles, access off Haswell St and Alfredton Rd plus Scheme Plan for three residential sections. Kitchen adjoins spacious dining/family room, separate lounge and standalone double-bed sleepout/bathroom. Lots of sheds and twelve paddocks, ideal for calf rearing. Domestic/stock water and sewerage on town services. Eketahuna has a great community vibe, well serviced by shops, cafes and a pub. 30min to Masterton and 50min Palmerston North.

john.murray@pggwrightson.co.nz 027

3 1 1

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

pggwre.co.nz/MAS42313

2294A Akatarawa Road

Akatarawa Valley Hidden Gem

Chilly Brook is a large farm of 366ha hidden in the Akatarawa Valley within easy reach of Wellington City. It is an absolutely beautiful setting with endless opportunities for the right buyer. Chilly Brook Farm Forest is a stand-out offering on four titles, set to excite and entice investors seeking quality scale properties, outdoor recreation owner/operators and land bankers. It uniquely combines a medium-scale forestry operation, native bush and recreational opportunities. The mature pine forest is now ready for harvest.

ETS CAN BOOST HUNTING BLOCK VALUES

Initially legislated in 2008 to reduce greenhouse gas emissions, and recently refined, the Emissions Trading Scheme (ETS) offers significant revenue potential to owners of land that meets certain criteria. This can include lucrative opportunities for rural properties otherwise mainly suited for hunting and recreation.

Rotorua based Felix Brandt is ETS manager for forestry consultancy PF Olsen, which manages about 12 per cent of New Zealand’s carbon forests.

“From November government will restrict how much forest can be ETS registered. With limited exceptions, such as categories of Māori owned land, no more than 25 per cent of actively farmed

land classified up to Land Use 6 can enter the ETS. For Land Use 7 and 8, which is less productive for farming, there is no restriction.

“Over the last five years the carbon price has more than doubled, which has had a huge impact on land values across New Zealand,” he says.

Companies in certain industries, such as energy, must purchase and surrender carbon credits to cover their emissions. In this way the ETS puts a price on emissions, incentivising companies to cut them, for instance by becoming more efficient.

Conversely, ETS participants who earn carbon credits from activities that remove carbon from the atmosphere are financially

rewarded for contributing to climate mitigation. Trees sequester carbon, so planting a forest generates carbon credits, which the forest owner can then sell into a very liquid market.

ETS forests must have been planted or naturally regenerated on land that was not forested before 1990.

“Forest owners must register their trees in the scheme, which is administered by government agencies. Carbon credits are earned yearly up to the average age of the forest, or for 50 plus years depending on the carbon accounting system the trees are registered under.

“A forest earns carbon credits depending on its size and the tree species. While the carbon credit price can and does fluctuate, since 2015 it has consistently risen,” says Felix.

Initially carbon credits (NZUs) traded at around $20 each. However, due to the ETS initially being open to foreign markets, buyers acquired junk carbon credits, which caused the spot price to drop to less than $2.

In 2015, once the government closed the ETS to foreign carbon credits, the price steadily recovered, almost reaching $90 in 2022.

Regulation is the biggest ETS risk factor and while regulatory changes checked that rise, the price is currently around $56.

“Much marginal or low productivity farmland is still perfectly good to grow tree species, which generate a steady stream of carbon income. Trees also reduce erosion, helping stabilise the land and catchment water supplies. Scale is a benefit, reducing the per-hectare administration costs and maximising the number of trees that absorb carbon.

“To ensure sustained carbon credit revenue, a suitable area should be able to remain in forest for decades, or even permanently, in which case native species may be preferable, providing greater biodiversity as well as mitigating erosion.

“A few years ago, when preparing a business case for forestry, the ETS was seen as the icing on the cake. Now it is a big part of the cake itself, sometimes even the whole cake. These new land use class restrictions will have a significant impact however, likely reducing the amount of afforestation,” Felix says.

Pine trees offer the best ETS returns.

“A conservative estimate for carbon sequestration from a radiata pine plantation forest is 20 tonnes per hectare per annum, worth about $1100 per hectare at the current carbon price. Indigenous species also have value. On steep land with shallow or erodible topsoil, manuka might be better than big, heavy pine trees. A reasonable figure for smaller manuka stands, less than 100 hectares, is six tonnes per hectare per annum,” says Felix.

Gary Brooks, East Coast rural manager for PGG Wrightson Real Estate, has noted recent interest in ETS registered hunting blocks.

“We are marketing a large Ruatoria property with significant ETS registered native forest including manuka, kanuka and rewarewa. We also have a Ruapehu district property growing first rotation forest. Both properties show exceptional return on investment

from their carbon credits, while also offering some grazing, abundant hunting, and the potential for other recreation. Interest in these, and similar properties, has consolidated significantly since carbon credit values have increased,” he says.

Felix Brandt has advice for anyone thinking of registering for the ETS:

“To better understand the risks, rewards, and forward cash flow earnings, talk to a consultant or someone you know who already has a forestry carbon investment. It is a complex topic, and the up-front investment is not small, so you need to be confident that you will get a good return.

“To register, you need to submit detailed technical information on the forested area, including GIS shapefiles. The process has become increasingly difficult for private individuals, hence the need for specialist help,” he says.

GARY BROOKS Branch Manager & Sales Consultant

027 444 3756

FELIX BRANDT ETS manager PF Olsen

649 Kaiuma Bay Road

Balanced Dairy Grazing and Run Off

This centrally located 44ha dairy grazing and run-off property is perfect for expanding your dairy operation. It features a well-balanced mix of productive flats, currently used for supplement production, and easy hills ideal for winter grazing, making it a desirable option. Additionally, the property includes 6ha of river reserve in the centre, offering even more flat, productive grassland. The flats serve as a real grass factory, while the hills provide ample grazing for younger stock throughout the year. A notable bonus is the resource consent for shingle extraction from the river, providing a secondary income stream with minimal effort. Price by Negotiation Plus GST (if any) pggwre.co.nz/BLE41129 Video Available

WAI-ITI,NELSON

98 Hoult Valley Road

Fertile Flats/Lifestyle Property

Versatile block with cheap irrigation water. This flat fertile river flats block lends itself to a multitude of uses, including wintering and finishing stock or horticulture production. Located in a quiet and private location. There are several places to build a house and create your own lifestyle experience. There is currently temporary accommodation on site via two new comfortable timber cabins and an office/studio room. The location of the property is approximately 5km from Wakefield. The Tasman cycle trail and the Wai-iti River run along one boundary. Of the 24ha, 20ha are flat and effective, and the balance is native bush gully.

SMITH

027 543 2280

douglasjcsmith@pggwrightson.co.nz

$1.2M Plus GST (if any)

pggwre.co.nz/NEL39616

DOUG

EASTTAKAKA,NELSON

254 East Takaka Road

Productive Grazing Farm

Just 8.7km from Takaka township finds this highly fertile grazing block of 84.8 hectares in three titles. This ex-dairy farm is currently being utilised as a dairy support farm but could also make a great block for fattening beef stock. The farm sits in a stunning location on East Takaka Road with amazing views of the ranges in every direction from the property. The Takaka River runs along one boundary providing private recreation. The area is rich in stands of mature native trees. Of flat contour, there are two terraces with about a third of the farm including the improvements on the higher terrace and the balance in fertile river flats.

$1.85M Plus GST (if any) pggwre.co.nz/NEL39926

Video Available douglasjcsmith@pggwrightson.co.nz

DOUG SMITH

BAINHAM,NELSON

1629 Collingwood-Bainham Main Road

'Bonnyfield' Farm - Dairy Opportunity

'Bonnyfield' is a substantial 439ha farm across six titles, located in one of Golden Bay’s most reliable and productive dairy regions. With consistent rainfall, fertile soils, and a strong performance history, it offers genuine scale and potential. Since 2016, it has supported a larger family enterprise, serving as a dairy support and grazing block, with portions used in the home farm’s milking platform. With strong dairy returns, 'Bonnyfield' is well-positioned for recommissioning as a full dairy unit. A mid-season takeover is possible, with the vendor open to selling part of their herd. The effective area includes a 236ha milking platform.

Price by Negotiation Plus GST (if any)

pggwre.co.nz/NEL41947

Video Available jblakiston@pggwrightson.co.nz

DOUG

HANMERSPRINGS,NORTHCANTERBURY

10 Chatterton Road

Versatile Irrigated Farm

Lower Farm is a 352.2389 hectare, well-established pastoral finishing and grazing unit, just minutes from Hanmer Springs. Offering scope, versatility, and productivity, it features partial irrigation - 100ha via two pivots and the balance with Ocmis guns, with potential to expand to 240ha. Strong soils, excellent infrastructure including a modern home, large woolshed, covered yards, and quality cattle yards enhance its appeal. Rarely do properties of this calibre become available in such a sought-after location.

027 434 4002

pcrean@pggwrightson.co.nz

027 531 2964

mark.clyne@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 20 November pggwre.co.nz/RAN42135

MARK CLYNE

WAIAU,NORTHCANTERBURY

1246 Leader Road West

Large-Scale, High-Performing Operation

Ripanui is a 1047ha high-performing sheep and beef breeding unit in North Canterbury, known for consistent productivity and development potential. Wintering 3,500–4,000 ewes and 200 Angus cows, it boasts strong lamb and calf results. Recent upgrades in water, fertiliser, and pasture support intensification. The farm features rolling to easy hill country, warm NW slopes, 30 paddocks, quality fencing, and reliable access. Water is reticulated to 13 paddocks, with natural sources elsewhere. Improvements include a modern woolshed, sheds, cattle and sheep yards, and a three-bedroom home. A rare opportunity to invest in scale and performance.

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 2.00pm, Thursday 6 November pggwre.co.nz/RAN40916

MARK

WAIAU,NORTHCANTERBURY

257 Lyndon Road

Multi-Purpose Sheep and Beef

'Te Mara', a highly desirable 312.98 hectare property located close to Waiau and Hanmer Springs in the Amuri Basin. Offering multiple farming possibilities, with the majority of the land suitable for cultivation, and currently used with a mix of cropping and permanent pastures, this is a very appealing property that should not be missed. Set within beautifully established grounds the impressive clay brick family home features an expansive open-plan living area, four spacious double bedrooms, master with walk-in robe, and family bathroom with adjoining toilet. Impressive infrastructure and a bonus one-bedroom self-contained cottage.

027 434 4002 PETER CREAN

pcrean@pggwrightson.co.nz

027 531 2964

mark.clyne@pggwrightson.co.nz

Price by Negotiation Plus GST (if any) pggwre.co.nz/RAN39401

Video Available

HAWARDEN,NORTHCANTERBURY

1157 The Peaks Road

Hill Country and Recreation

This substantial 561.9059 hectare property presents an exceptional opportunity to expand an existing operation or launch a new venture. Featuring rolling to medium hill country, with pockets of flats and steeper terrain, it suits diverse farming uses. Ideally located at the foothills, the clean tussock landscape and varied topography make it ideal as a breeding unit. With stunning district views, hunting potential, and recreational appeal, it borders the Hurunui River and is a gateway to Lake Sumner.

pcrean@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 2.00pm, Wednesday 12 November

pggwre.co.nz/RAN42295

HAWARDEN,NORTHCANTERBURY

961 Heathstock Road

Versatile Breeding and Finishing Block in Prime Location

We’re proud to present this well-maintained 271.4877ha sheep, beef, and deer breeding/finishing property in North Canterbury. Featuring easy-care hill country, quality infrastructure, and fertile soils, it’s ideal as a standalone or addition to a larger operation. Infrastructure includes deer fencing, sheds, yards, and water via county supply, dams, and waterways. With strong pasture renewal, crop diversity, and solid stock performance, this productive and picturesque block offers scope to grow and develop.

pcrean@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 2.00pm, Thursday 23 October pggwre.co.nz/RAN42275

Video Available

MARK CLYNE

WEKAPASS,NORTHCANTERBURY

530 Weka Pass Road

'Weka Pass' - Location, Scale, and Quality

A rare opportunity to acquire a large-scale 770ha pastoral farm in the sought-after Weka Pass area, North Canterbury. Offered as a whole or in two parts - Weka Pass and Gowan Hillthe property features income from sheep, cattle, and deer. The land includes workable downs, north/south-facing hills, and fertile limestone-rich country. Subdivided into approximately 130 paddocks (70ha deer fenced), with county water, springs, and troughs. Infrastructure includes two four-bed homes, a three-bed cottage, two woolsheds, and covered yards. A legacy property with scale, quality, and potential.

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 2.00pm, Thursday 6 November pggwre.co.nz/RAN41942

Video Available pcrean@pggwrightson.co.nz

MARK

LARGE-SCALE FARM A LASTING LEGACY

Alarge farm in a highly regarded part of North Canterbury is for sale.

Previously farmed separately, Weka Pass and Gowan Hill have been operated as a single 770-hectare entity since 1999.

Weka Pass has been in the Murchison family since 1954 when it was purchased by current manager Richard’s father Euan. In the late 1990s Richard took over the farm, initially with his brother Stephen, then with another brother Hugh, before going solo in 2010.

“Dad said that if any of us wanted to farm, we should always be able to come back here to do it. I’m one of five brothers, and we were always able to follow his request. I’m the one that stuck around,” says Richard.

Euan was one of the first in the district to turn to electric fencing.

“He developed his own system and was all set to apply for a patent. Unfortunately, he was too busy farming to follow through with the application. Until we started with a few cattle, we had three wire electric fences. However, they quickly wrecked that set up, so we had to put up permanent fences from that point on.”

Located 22 kilometres north of Amberley, 47 kilometres north of

Rangiora, and 67 kilometres north of Christchurch, Weka Pass and Gowan Hill range from 120 to 384 metres above sea level.

On average the two properties receive 650 millimetres of rain per annum, are served by the county water scheme plus natural springs, and have approximately 100,000 litres of water storage apiece.

Conventionally fenced into approximately 130 paddocks, around 60 per cent of Weka Pass and Gowan Hill still feature electric fencing, with approximately 70 hectares deer fenced.

From 1860 to 1895 there was a hotel in front of the existing old house, which was originally three buildings joined to form a large homestead. This was used as a hospital during the 1919 influenza epidemic and remained in use as a family home until 1968.

While Weka Pass previously had a history of cropping, Richard focuses on finishing, currently running 3000 halfbred ewes, 950 hoggets, 100 Friesian cross cattle and 300 hybrid deer.

“Dad went from halfbred to Corriedale ewes, and now the farm is back with a halfbred flock. We are fenced for deer at Gowan Hill and have expanded that unit. While the previous owners ran velveting stags, we switched to weaners, which allows us to keep the deer unit free during

summer if necessary. We have gradually increased cattle numbers,” he says.

Although wheat and barley no longer feature in the property’s management, Richard grew a paddock of peas recently, and lucerne plays an important role in maintaining stock.

“Weka Pass and Gowan Hill could support virtually any breed, and could also run breeding cows,” reckons Richard.

Along with his colleague Mark Clyne, Peter Crean of PGG Wrighton Real Estate, Rangiora is selling the farm, which he says is a ‘lasting legacy’ and one of the most desirable to come to the North Canterbury market recently.

“This is a once in a lifetime opportunity to purchase a large pastoral farm in a tightly held area, either as a whole or in its two original parts.

“Weka Pass and Gowan Hill benefit from the locality’s natural limestone formations and soils, an outstanding geological attribute providing the basis for the area’s aesthetic appeal and fertility.

“With multiple dwellings, two sets of farm infrastructure, extensive deer fencing and favourable contour, Weka Pass and Gowan Hill are long established as strong country known for stock health and exceptional growth.

“Complemented by extensive plantings, including a 2.5-hectare walnut orchard, each property offers a rare and coveted combination of income, lifestyle and diversity, while as a pair they present abundant scale,” says Peter.

Once it is passed on to new owners, Richard will most miss his farm’s aesthetics.

“With the picturesque views and the limestone outcrops, it is a beautiful property. We have fenced off and developed a wetland and a pond, and have planted native areas including around a dry knob on the farm. They are beginning to attract bird life, so we are pleased with how that is turning out. I’ll also miss the people I deal with, though probably not so much the hard physical work of the farm,” he says.

Weka Pass comprises 330 hectares and Gowan Hill 440. They are for sale by deadline private treaty, either together or as two separate units, with offers sought no later than 6 November.

PETER CREAN

Rural & Lifestyle Sales Consultant 027 434 4002

MARK CLYNE

Rural & Lifestyle Sales Consultant 027 531 2964

OMIHI,NORTHCANTERBURY

324 Reeces Road

'Palmdale' - Premium North Canterbury Farm

Palmdale is a well-maintained 376.26ha farm in sought-after Omihi, North Canterbury. Featuring cultivable flats, rolling downs, and minimal hill country, it has excellent fencing (8km upgraded/new), good access, and established shelter. Traditionally a breeding/finishing unit, it now supports bull beef, lamb, and cattle finishing. Improvements include a new woolshed, cattle yards, sheds, and workshop. 40ha lucerne, 30ha kale, and 80ha new grass enhance productivity. Water is supplied via county scheme and dams. The 2011 brick home offers modern comfort with 4 bedrooms, office, and landscaped gardens.

A rare opportunity—enquire now!

Deadline Private Treaty

Plus GST (if any) (Unless Sold Prior)

Closes 2.00pm, Friday 17 October pggwre.co.nz/RAN41400

Video Available

LEITHFIELD,CANTERBURY

82 Ashbys Road, 699 and 732 Rangiora Leithfield Road

Awaiting Your Vision

Set on approx. 48.3ha of flat, fully fenced land, this prime block is bursting with potential. Whether you're expanding your farming operation or dreaming of a rural retreat, this versatile property delivers. Previously used for grazing and cropping, it’s ideal for stock, machinery, or future development. Build your dream home, go off-grid, or run a productive farm—the choice is yours. Just minutes from Amberley and within easy reach of Rangiora, this is lifestyle freedom with town convenience. Make your move today!

MARIA RICKERBY

027 563 1733

mrickerby@pggwrightson.co.nz

RUBY BURNEY

027 312 3533

ruby.burney@pggwrightson.co.nz

Price by Negotiation Plus GST (if any)

pggwre.co.nz/AMB42165

LOBURN,NORTHCANTERBURY

375 Stonyflat Road

Premium Dairy Grazing and Development Opportunity

An exceptional 223.93 hectare property in sought-after Loburn, near Rangiora, offering immediate agricultural returns and long-term development potential. A proven beef and dairy grazing unit with resource consent for 38 lifestyle blocks and one 29 hectare lot. Extensive upgrades include regrassing, new stock water system, fencing, and fertiliser. Currently grazing 655 dairy heifers, with cropping history. Divided into 39 paddocks with quality fencing, shelter belts, farm buildings, and a renovated three-bedroom home. A rare opportunity with strong farming and subdivision appeal.

Price by Negotiation Plus GST (if any) pggwre.co.nz/RAN41399

Video Available

MARK CLYNE

KAKAPOTAHI,WESTCOAST

116-210 Waitaha Road

Dairy Farm in the Waitaha Valley

115ha freehold dairy farm plus approx. 86ha DOC grazing licence. 55 paddocks with electric fencing, bore-fed reticulated water system, and fenced waterways. Infrastructure includes a 36-aside herringbone cowshed with capacity for 300 cows, AI facilities, molasses system, milk and colostrum silos, and a consented 3 pond effluent system. Includes a spacious threebedroom homestead, a two-bedroom staff cottage, and multiple sheds for storage, calf rearing and workshop use. Expected production for the 2025/26 season is 100,000kg MS, with 300 cows calved and young stock grazed off-farm. Stock and Plant available at valuation.

robbie.lash@pggwrightson.co.nz

$2.1M Plus GST (if any) pggwre.co.nz/GRE42113

ROBBIE

AUCTION EXPECTED TO SET DAIRY MARKET

A223-hectare farm on some of Mid Canterbury’ most fertile soils is set for auction this October, which should give farmers a clear indication of where the ascending dairy property market sits.

Faithfully farmed by the Brown family for almost three decades, the property has been steadily transformed from a sheep and cropping block into a modern, high-performing dairy unit.

Marketed by Dan van der Salm, Rural and Lifestyle consultant in Ashburton, the sale of the property, the first auction of a local dairy farm for several years, will be widely watched.

“Dairying is on an upward swing. There is no shortage of buyers, though most farmers will prioritise continuing to trade through the present profitable market over selling the farm, in which case listings are scarce, particularly of properties as well appointed as this one,” says Dan.

As well as the buyers in the room on auction day, farmers, rural bankers and particularly bankers will all be watching closely.

“It will measure where the market sits this spring,” says Dan, who reckons the vendor’s decision to go to auction is brave, though one he is confident will be well rewarded.

Vendor Ivan Brown knows every corner of the property. He began leasing it in 1998, purchased it with his brother Neil in 2001, and later converted it to a 210-hectare milking platform in 2011. Along the way, the brothers invested in irrigation, fencing, and technology to maximise the farm’s performance.

“I’ve been a hands-off dairy farmer. We’ve had good contract milkers and managers, who are happy to stay with the farm if that is the new owners’ wish,” Ivan says.

It’s a winning formula: milking around 800 cows it consistently produces more than 430,000 kilograms of milk solids.

While Ivan stepped back from day-to-day operations, he never lost sight of the farm’s potential. Early work focused on irrigation and layout. When they came to the dairy conversion, modern design was the focus, delivering efficiency, compliance, and animal welfare. More recently, they’ve strengthened herd genetics, sufficient to persuade Samen Genetics to enquire about buying bull calves back from the farm.

Averaging 550 kilograms of milk solids per cow, the largely Friesian herd is wintered off-farm. Irrigation is sourced from a 70-metre well and delivered mainly via four centre pivots.

Ivan’s children grew up on the farm and for a family the property’s lifestyle offering holds great appeal. A two-storey, five-bedroom villa with a swimming pool is complemented by three additional staff homes.

Environmental compliance is another highlight. With a 2024 ‘A’ Audit and long-term consents in place, including effluent discharge for 900 cows to 2046, a groundwater take for irrigation to 2037, and land use farming consent also to

2037, the farm’s new owner can walk in and start farming with confidence.

“This is a magnificent coastal property, faithfully farmed by its current owner: a rare opportunity to secure a highperforming, turnkey dairy unit.”

Under the hammer of PGG Wrightson Real Estate specialist auctioneer Sloane Morpeth, the property goes to auction at 1pm on 15 October at Hotel Ashburton. The herd is also available at valuation.

Farms of this scale and calibre are seldom available, and the outcome of this auction is certain to be closely watched. For those in the market, it could be the start of a new dairying chapter in one of the country’s most productive farming districts.

DAN VAN DER SALM

Rural & Lifestyle Sales Consultant 021 918 233

ASHBURTON,MIDCANTERBURY

889 Corbetts Road, North

Seldom Available - Tier One Dairy Farm

This approximately 210ha (effective platform) irrigated dairy farm in coastal Mid Canterbury offers a rare opportunity. Milking 780–800 cows with a six year average of approx 434,000kg MS, it features a 54-bail rotary cowshed with ACRs, GEA plant, auto teat spray, milk meters, and supplement feeding. Irrigation via private bore, pivots, roto-rainers, and subsurface systems, backed by long term consents. Infrastructure includes multiple quality calf and implement sheds, and four dwellings, including a two-storey, five bedroom homestead. The herd is available at valuation (preferred option).

Auction Plus GST (if any)

1.00pm, Wednesday 15 October Hotel Ashburton, Racecourse Road, Ashburton pggwre.co.nz/ASH42046

Video Available

HAZELBURN,SOUTHCANTERBURY

17 Timewell Road

Proven Performance and Environmental Excellence - 240ha ‘Springdale’ farm offers 240ha of well-balanced, environmentally compliant land that has been thoughtfully developed and managed. The farm has been successfully run with a mix of deer, beef, dairy support and a small number of sheep, showcasing its versatility and strength across multiple farming systems. With 220ha deer fenced and a well-laned layout, stock movements and agricultural operations are efficient. A modern four bedroom home built in 2003 offers comfortable family living, while two accredited deer sheds, a four-stand woolshed, cattle and sheep yards. ‘Springdale’ - where environmental stewardship meets agricultural excellence.

Price by Negotiation Plus GST (if any)

pggwre.co.nz/TIM41655

TIMARU,SOUTHCANTERBURY

Barnard Street and Woollcombe Street

Developers - Investors - Owner Occupiers - 3,025m²

An exceptional opportunity is now available in the inner city—a level, freehold complex comprising eight titles, offered for the first time in 30 years on the well-known Caroline Motors site. The property features a diverse range of existing buildings, including showrooms, offices, a mechanic workshop, and multiple other structures and storage areas. It currently generates holding income, with a new lease in place providing a monthly rental of $13,000 plus GST and outgoings. This is a golden opportunity to secure a site in a highprofile location. Seismic reports and lease information available on request.

027 476 5329

peter.wilson@pggwrightson.co.nz

$2.5M Plus GST (if any)

pggwre.co.nz/TIM37983

PETER WILSON

TIMARU,SOUTHCANTERBURY

11 King Street

Purchase or Lease - Commercial Opportunity

Opportunities to secure a property of this calibre in such a highly sought-after central location are rare. The ground floor comprises a versatile mix of office space, amenities, and a high-stud workshop/warehouse equipped with three-phase power outlets. The first floor features open-plan offices, a boardroom, and additional facilities. Situated on a fully sealed 1,012m² site, the property also offers generous on-site parking. Both floors are designed to be occupied independently, if required.The property is currently leased; however, vacant possession can be provided. Expressions of interest to lease are welcome. RV $1.46M.

027 476 5329 PETER WILSON

peter.wilson@pggwrightson.co.nz

Price by Negotiation Plus GST (if any)

pggwre.co.nz/TIM41488

MAUNGATI,SOUTHCANTERBURY

61 Howells Road

’Airedale’

- 179 Hectares

Positioned in the heart of the Maungati District, an area known for its dependable rainfall, this 179ha finishing property offers a superb balance of fertile soils, practical contouring, and well-planned paddock subdivision. A generous allocation of scheme stock water supports consistent productivity, while the modern 275m² four bedroom homestead provides comfortable and stylish living. Well-equipped for livestock operations, the property includes cattle yards, sheep yards, three-stand woolshed, five-bay implement shed and various utility sheds. This is a compelling opportunity for those seeking a productive, growth-oriented property.

simon.richards@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

Closes 1.00pm Thursday 13 November 2025

pggwre.co.nz/TIM42272

GEORGETOWN,NORTHOTAGO

414 Glenn Settlement Road

Efficient, Well-located Dairy Farm

Located 30km west of Oamaru, this 279ha North Otago dairy farm offers scale, strong production and quality infrastructure. With 220ha effective, 59 paddocks and 46.5ha of pine trees, it’s irrigated via K-line with 235 N.O.I.Co shares. Averaging 354,800kg MS from 750 cows, infrastructure includes two herringbone sheds, with in-shed feeding systems. Additional buildings include calf sheds, hay and implement sheds. Accommodation features a four bedroom homestead, three bedroom GJ Gardner home and two staff units. A tidy, productive unit in a prime location.

027 229 5046

barry.kingan@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 2.00pm, Thursday 30 October pggwre.co.nz/OAM42296

BARRY KINGAN

AWAMOKO,NORTHOTAGO

150 Macaulay Road

Irrigation - Scenic - Location

This 147.03ha property 25km north of Oamaru and situated on the rise above Awamoko has amazing views over the greater Waitaki Plains and includes four consented lifestyle blocks. Property set up for beef finishing/dairy grazing with excellent livestock water system and includes a range of farm improvements including an equestrian arena. Residence has five bedrooms, office with internal access to double garage plus large outdoor decking. Contour is medium to rolling, portion in gullies mild to steeper. N.O.I.Co irrigation with 45 shares, this covering under current management an area of circa 75ha K-line. Excellent location with superb views.

john.sinnamon@pggwrightson.co.nz

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Thursday 30 October pggwre.co.nz/OAM42323

NGAPARA,NORTHOTAGO

82 Paradise Gully Road

Irrigation, Shelter and Paradise

Located 27km from Oamaru, this 167ha Freehold property includes 60 North Otago Irrigation Co. shares. Features include a four bedroom brick home with office and large decking, plus a separate double garage. Farm infrastructure includes cattle yards, hay barns, utility shedding, sheep yards and a two-stand woolshed. Irrigation covers approx. 90ha via hard hose, G-Set and laterals. With winter consent for dairy grazing, an existing quarry consent and a current operation finishing lambs and bulls, this property with its combination of irrigation, shelter and location offers excellent scope for diversification.

JOHN SINNAMON

027 457 0710

john.sinnamon@pggwrightson.co.nz

BARRY KINGAN

027 229 5046

barry.kingan@pggwrightson.co.nz

For Sale

pggwre.co.nz/OAM42121

131 Georgetown-Pukeuri Road

Grandvue

Grandvue is a 37ha property with the WOW factor, the beautifully appointed three bedroom home plus office, master with ensuite, open plan kitchen, lounge, dining strategically built on an elevated site to capture the views out across the Waitaki Plains to the mountains and the expansive coastline and Pacific Ocean. There is an attached garage with laundry and In close proximity to house is 12m x 9m versatile garage with concrete floor, modern three bay shed with inbuilt stable and tack room. Large 405m² workshop/storage shed with concrete floor.

david.heffernan@pggwrightson.co.nz

$2.85M Plus GST (if any)

pggwre.co.nz/OAM40958

DAVE HEFFERNAN

OAMARU,NORTHOTAGO

1121 The Dasher Road

'The Dasher' Station - Leasehold and Freehold - 6,298ha

An amazing opportunity to own a magic piece of rural NZ with further development potential. A high performing breeding/finishing property, with reliable rainfall, spectacular views, scale, quality and location, close to the rural town of Oamaru. Spanning 6,298ha, the vendor advises they winter approx 13,000 SU annually. Impressive array of support buildings including 5-6 stand woolshed, covered yards, multiple other yards, main house, second house, shearers quarters and more. Extensively developed with over 60km of new tracks, 30km of new fencing, extensive capital fert/lime applied, re-grassing, stock water reticulation and improvements.

Price by Negotiation Plus GST (if any)

pggwre.co.nz/ASH40206 Video Available

OUTSTANDING SERVICE DRIVES SUCCESSFUL SALES

RATANUI FARM, KAUROA

In Kauroa Valley near Raglan, 266-hectare Ratanui Farm was listed for sale in spring 2023 by Richard Thomson of PGG Wrightson Real Estate, Hamilton on behalf of Ross and Jo Loveridge.

Taking over the farm in the early 2000s, the Loveridges focused on animal health, soil and pasture management, while developing additional revenue streams including a refurbished shearing shed, a cottage and units for accommodation, plus mountain bike tracks, a hang glider launch site, and a farm shop.

Richard says Ratanui took several months to sell.

“There was plenty of interest, though mostly from people looking for a mainstream farm, underestimating the agri

tourism component the Loveridges had developed.

“In the end we found a purchaser ready to pick up on the full opportunity with the farming background plus the passion for agri tourism.

“They have extended the Airbnb business, put in roads for easier access, modernised what was there, and are looking to take it further exploring the opportunity to develop an events facility, including weddings and functions.” he says.

RICHARD THOMSON Rural & Lifestyle Sales Consultant 027 294 8625

MASON HILLS, WAIAU

Mason Hills, approximately 20 kilometres north east of Waiau, is a 2500 hectare hill country property.

Peter Crean of PGG Wrightson Real Estate, Christchurch marketed it. From listing, it took around 18 months to sell, settling in May this year, taken on by a Christchurch-based business person.

“Mason Hills is a unique property. The previous owners had retired a large grazing tract at the back of the property, taking that land out of production to allow native species to regenerate, while also planting 160 hectares of trees at the front of the property, setting it up to gain carbon credit revenue in future. As well as offering good hunting, both deer and pigs, the property also has income from manuka honey.

“While it is still well set up to breed sheep and cattle, stock numbers are reduced from where it was previously, and this has become a property with a past significantly different to its future.

“Although interest remained steady, we needed to find a buyer who was attracted to what the property had become, and prepared to wait. That took some time, and made Mason Hills a relatively complex proposition to sell,” he says.

PETER CREAN

Rural & Lifestyle Sales Consultant 027 434 4002

DUNVEGAN, CLINTON

Dunvegan is a 1507-hectare sheep and beef property 15 kilometres south-west of Clinton.

Since 2011, under the ownership of Michael and Caroline Morris, the property has seen extensive development, including pasture renovation and fertility improvements. They also added a neighbouring 660-hectare leasehold block, later freeholded, to increase scale.

Offered for sale earlier this year by Brent Irving and Derek Ayson of PGG Wrightson Real Estate via deadline private treaty, Dunvegan attracted multiple offers before selling to a local buyer.

“Purchased by a well-known farming family, Dunvegan will continue to operate as a stand-alone property. The new owners have employed a younger family as equity managers to run the farm, supporting the next generation of farmers.

“For our vendors, selling Dunvegan was part of a broader succession plan. One of their sons has since purchased Hillcrest, a 265-hectare farm in Clinton, keeping the family connected to the area.”

BRENT IRVING

Rural & Lifestyle Sales Consultant 027 457 7034

DEREK AYSON

Rural & Lifestyle Sales Consultant 027 667 9601

HERBERT,NORTHOTAGO

552 Maclean Road

Kakanui Support Block

53ha, 5km south of Kakanui. Flat to gently rolling contour with elevated sites overlooking Pacific Ocean and Moeraki peninsula. The fertile Claremont silt loam soil is suitable for cropping and stock finishing. Divided into 10 paddocks with a cover of lucerne oversown with ryegrass. Water is supplied by Oamaru Herbert Waianakarua Scheme to 25,000L tank, reticulating to paddock troughs. Cattle yards at entrance with head bail and loadout ramp. There is a N.O.I.Co turn-out box on property but no irrigation shares. Currently used as a cutand-carry dry matter block.

david.heffernan@pggwrightson.co.nz

Price by Negotiation Plus GST (if any) pggwre.co.nz/OAM41212

DAVE HEFFERNAN

BENDIGO,CENTRALOTAGO

159 Thomson Gorge Road

The Liquidators Present to the Market

Prime Horticultural Opportunity - Ardgour Valley Orchards, Tarras

Apricot and Cherry Orchard for Sale comprising 48.0326 hectares.

11.94 hectares of Cherries (fully bird netted), 22.83 hectares of Apricots (mixed new variety). Excellent irrigation system for maximum efficiency. Three frost fighting machines. Large eight bay 30m x 12m packing shed includes two bay chiller for premium storage. Plant, equipment and machinery available by negotiation.

All Offers Considered.

TREVOR NORMAN

027 435 5433

trevor.norman@pggwrightson.co.nz

KURT SNOOK

027 256 0449

kurt.snook@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 1.00pm, Monday 20 October pggwre.co.nz/DUN42243

ROBIN JENKINS

027 224 7546

robin.jenkins@pggwrightson.co.nz

POOLBURN,CENTRALOTAGO

224 Auripo Road

Central Otago Dairy Unit

This dairy platform of 129.4994ha is producing approximately 160,000kg MS pa, calving 410 cows and milking 385. The property has an excellent combination of private and Ida Valley Irrigation Company water rights, delivered to 66ha via a pivot irrigation and the balance by K-lines. A 45,000m³ storage dam is used for irrigation and stock water. The young stock are grazed off farm from weaning and the cows are wintered off.

The improvements include a four-bedroom home, 40 aside herringbone dairy shed, 500 cow yard, a four bay and three bay implement shed, a four bay and three bay calf shed, cattle yards and ramp, workshop and two stand woolshed.

MIKE DIREEN

POOLBURN,CENTRALOTAGO

233 Auripo Road

Dairy Support / Deer / Sheep & Beef

Cairnlea is a combination of irrigated flats and downs, developed dry land hill and a small area of undeveloped hill country. Currently farmed as a dairy support unit in conjunction with a stud sheep operation, the property has previously been deer farmed with all the boundary fences and some internal deer fencing still intact. The property has a full range of farm buildings including a deer shed and covered stud selling centre and a modernised four bedroom brick and rough cast homestead. The property would suit a range of farming purposes and would suit existing farming businesses or as an entry level farm.

Enquiries Over $3.3M Plus GST (if any)

pggwre.co.nz/ALE39765

PATEAROA,OTAGO

1586 Maniototo Road

Patearoa

Pivot Irrigation Unit

157.2811 hectares

Irrigated property in the heart of the Maniototo. Ideal for additional dairy support, cut and carry or very reliable lamb and cattle finishing country. Currently growing winter crops, cereal and finishing cattle on grass. Spray irrigated with two centre pivots and k-lines. 145 MIC shares. Modern cattle and sheep yards, very good standard of fencing. Neighbouring property to listing 1564 Patearoa Road house block.

pthomson@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior) Closes 12.00pm, Wednesday 5 November pggwre.co.nz/DUN42163

PAUL THOMSON

PATEAROA,OTAGO

315 and 1564 Patearoa Ranfurly Road

Rothesay Downs

Option 1 - 278.27 hectares Total Property

Option 2 - 222.22 hectares - 315 Patearoa Ranfurly Road, comprising Hard hose irrigation via 65 Shares in MIC and Sheppards Creek consent. Cattle yards and sheep yards

Option 3 - 56.04 hectares - 1564 Patearoa Ranfurly Road, comprising a modern five bedroom home plus office, two bathrooms, living and separate lounge in Patearoa Central Otago next to the town ship and golf club. K- Line Irrigation via a Sowburn consent. Improvements include four stand woolshed, sheep and cattle yards.

pthomson@pggwrightson.co.nz

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Wednesday 5 November pggwre.co.nz/DUN42145

PAUL THOMSON

DUNBACK,OTAGO

Grange Hill Road

Dairy Grazing and Finishing Farm - Palmerston

93.5194 Hectares

This is a well laid out tidy block. In a good location 10km from Palmerston. The bonus to this property is that 21ha (five paddocks) are irrigated by K-line, with new consents secured to expand. Well subdivided into 22 paddocks with a good standard of permanent fencing. Several younger paddocks with plantain and chicory mixes. Flat to easy rolling contour with good established shelter. Improvements include excellent sheep and cattle yards plus a three bay hay barn. Approximately 5.5 hectares of mature pine woodlots which are not in the ETS.

rjnicolson@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 12.00pm, Wednesday 5 November pggwre.co.nz/DUN42139

ROGER NICOLSON

HEYWARDPOINT,OTAGO

443 and 485 Heyward Point Road

'Glen Ngaio' - A Coastal Gem of Otago Harbour

295.0485 hectares. Nestled along the stunning Otago Harbour, this property is truly one of the regions crown jewels. This well-maintained and thoughtfully developed sheep and cattle farm offers a complete rural lifestyle package, including a main homestead, a second residence, a three-stand woolshed with covered yards, cattle yards, and a range of useful outbuildings.

The main home enjoys an elevated position overlooking Kaikai Beach, with sweeping panoramic views stretching up the northern coastline. The scenic access road to Whareakeake Beach (also known as Murdering Beach) runs through the property, adding to its unique character.

Deadline Private Treaty

Plus GST (if any) (Unless Sold Prior)

Closes 12.00pm, Thursday 30 October pggwre.co.nz/DUN42072

CENTURY FARM OFFERED FOR THE FIRST TIME

Along with his two elder brothers, Malcolm McCorkindale travelled from Scotland to Waitahuna, South Otago in 1867. Within a couple of years, and before New Zealand’s system of legal title was established in the 1870s, he acquired land to farm. That land, Glenside, has remained in the McCorkindale family ever since, currently in the hands of Malcolm’s great great grandson Garry, and his wife Julene.

Now amounting to 752 hectares, with a much more substantial holding having grown around it, that original McCorkindale land is offered for sale for the first time ever.

Of all the family’s farming generations, Garry McCorkindale reckons Glenside made most progress during the tenure of his father Trevor.

“He was an excellent farmer, and relatively young when he took over. He also had 30 years here when farming was at

its peak. That was a golden age, running from the Korean War wool boom of the early 1950s through until the Lange government of 1984 ended government support for agriculture. During that time, the farm did extremely well.

“That success enabled Dad to break in and cultivate all the farm’s remaining tussock country, as well as consolidating by purchasing neighbouring blocks. A new woolshed and the covered, combined sheep and cattle yards were established in the 1970s.

The holding grew to 1600 hectares before being split as part of succession planning. In contrast, our tenure since the early 2000s has focused on becoming more intensive: subdividing and consistently applying fertiliser to enable greater stock weights.

“We have doubled the number of paddocks, facilitating the planting of gullies, and putting over ten per cent of the farm

SOUTH OTAGO

into forestry. We also grow red clover and summer brassicas to finish lambs to higher weights, and ensure the farm is resilient to the changing climate,”says Garry.

Part of the Glenside operation is the family’s Simmental stud, first established in 1985, which via PGG Wrightson Livestock, recently hosted its 34th on-farm bull sale The terminal sire has been popular, with commercial bulls selling as far as North Canterbury, and stud bulls throughout New Zealand.

“We have been breeding a line of black Simmentals for the past 12 years We believe they have a bigger part to play in New Zealand’s beef sector and see advantages in them as a maternal rather than a terminal breed With a smaller frame, good growth rates, a moderate mature size and top-end carcass traits, that is the way Simmentals are used in the United States, which is where the genetics in our herd are from. We are gradually starting to see uptake from the industry, though it is a long game,”says Garry.

With two non-farming adult sons now based in Australia and Europe, over 150 years of the McCorkindale family on Glenside will end when Garry and Julene part with the farm. Craig Bates of PGG Wrightson Real Estate, Otago is offering it to the market. He says Glenside is a longadmired property.

“Glenside was one of the inaugural century farms, recognised when what is now a national programme was launched locally in Lawrence in 2005, at which point it had been in the family 137 years.

“A well-developed and balanced sheep and beef unit in the popular and productive Waitahuna district, Glenside is located 14 kilometres south of Lawrence, with an easy run to Dunedin Balclutha and Milton, all on sealed roads.

Along with the 105 stud cows, the property traditionally runs 5000 mixed age Romdale ewes plus replacements.

Glenside’s impressive four-bedroom homestead was built in 2005, while the property also features a three-bedroom manager’s house, plus the original four-bedroom home. A full range of farm buildings include a Calder Stewart three stand wool shed, while the covered sheep and cattle yards host the annual Glenside Bull Sale.

Well fenced and encompassing several woodlots and shelter plantings Glenside has balanced contour and reliable rainfall. Farms of this size and calibre are difficult to find in this respected location.

Glenside is available to view, and on the market by deadline sale, with offers sought by 13 November.

CRAIG BATES

Rural & Lifestyle Sales Consultant 027 489 4361

WAITAHUNA,SOUTHOTAGO

52 Johnston Road

Respected South Otago Property

Glenside Farm Limited - 752.26ha. A renowned and highly respected stud property located in the heart of Waitahuna, South Otago. Proudly held in the same family since the 1860s, this is a rare opportunity to acquire a fifth-generation farm, now offered for sale for the very first time. The property features three homes, including a modern homestead built in 2005, a three-bedroom residence, and a four-bedroom home—ideal for extended family or staff accommodation. Farm infrastructure is extensive and well-maintained, comprising a threestand woolshed with covered sheep and cattle yards, five-bay implement shed and a full range of farm buildings.

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior) Closes 12.00pm, Thursday 13 November pggwre.co.nz/DUN42118

WAITAHUNA,SOUTHOTAGO

759 Waitahuna Gully Road

Waitahuna East Sheep and Beef Unit

Highland is a high producing sheep and beef unit with potential income from forestry and carbon from the forestry and native bush registered in the ETS. The performance of the livestock is in the top end of livestock performance in South and West Otago. The farm layout is excellent with a good lane system.

Improvements include a 1975 homestead with four bedrooms, main with ensuite, attached double carport all set among established lawns and gardens. Farm buildings include a four stand F/B woolshed covered yards, satellite sheep yards, cattle yards and outbuildings. We welcome inspection of this tidy well farmed property.

Deadline Private Treaty Plus GST (if any)

(Unless Sold Prior)

Closes 12.00pm, Thursday 6 November pggwre.co.nz/DUN42191

MILTON,OTAGO

46 Clarkes Road, Glenledi

Complete System Dairy Opportunity

600 hectares (STS). Chrystalls Beach dairy farm is an exceptional example of large scale self contained dairying in the reliable South Otago area. The property has a good balance of soils including sandy soils on the flats making wintering a breeze. Well set up with quality improvements of two houses, the main home is a modern four bedroom home, office, ensuite and double garage, second home provides three bedrooms, plus cottage and a two bedroom sleepout, full range of farm buildings includes a 50 bail rotary cow shed with Protrac, cup removers and Halter virtual fencing. Production up to 342,855kg MS from 810 dairy cows.

PAUL THOMSON

027 435 3936

pthomson@pggwrightson.co.nz

PAUL URQUHART

027 543 7774

paul.urquhart@pggwrightson.co.nz

Enquiries Over $10.5M Plus GST (if any)

pggwre.co.nz/DUN41010

GLENLEDI,OTAGO

114 Bull Creek Road

Grazing Dairy Support or Future Dairy Farm

178.0294ha. Tidy well developed dairy support property that has under-gone extensive development over the years. Majority of the property has been re-grassed, water scheme developed and modern cattle yards. Three-bedroom home with recent renovations including modern bathroom and en-suite. Woolshed and covered yards. Grazing 460 yearling dairy heifers for last ten years, wintered on crop. Conveniently located to Milton, South Otago being nearby to a reliable supply of dairy heifers for grazing options. Designed with future expansion in mind, the property includes laneways leading to a central point, making it easy to build a dairy shed.

PAUL THOMSON

027 435 3936

pthomson@pggwrightson.co.nz

PAUL URQUHART

027 543 7774

paul.urquhart@pggwrightson.co.nz

3 1

Price by Negotiation Plus GST (if any)

pggwre.co.nz/DUN41614

KONONI,SOUTHOTAGO

1628 Tuapeka West Road and 275 Bush Road

Versatile Sheep and Beef Property

This well presented fertile 370 hectare property is predominantly wintering R1 and R2 Angus X steers plus 1,450 Romney ewes. Excellent stock water and a current winter grazing consent provides assurance for the new owner. Key improvements feature two homesteads, quality farm infrastructure includes a three stand woolshed, covered yards and substantial cattle yards. The farm presents excellent scale and efficiency as a single unit, while offering the option to be sold as two separate titles.

1628 Tuapeka West Road - 160 hectares, 275 Bush Road - 210 hectares

027 243 1971

jrutter@pggwrightson.co.nz

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Thursday 27 November pggwre.co.nz/DUN42150

JASON RUTTER

RONGAHERE,SOUTHOTAGO

373 Camp Hill Road

Rongahere Dairy Unit – Clutha Valley

120.8ha (STS). Located in the Rongahere district, 14.1km from Clydevale, this well-laid out dairy farm milks predominantly Friesian and Kiwi Cross cows through a 36 bail DeLaval rotary shed with ACRs, WetIt teat spray, and a 400 cow yard. Infrastructure includes a modern three bedroom home with sleepout, a two-bedroom home, tunnel barn, four-bay calf shed, covered yards converted to calving pad and calf shed, bark calving pad, and multiple hay and storage sheds. Conveniently located with strong infrastructure, this is an ideal opportunity for first farm buyers or those seeking a manageable unit.

brent.irving@pggwrightson.co.nz

Price by Negotiation Plus GST (if any)

pggwre.co.nz/DUN41250

WHARETOA,OTAGO

191 Chapman Road

Lamb Finishing, Dairy Support/Conversion Potential

413.2263ha situated in the Wharetoa district, is this exceptional property faithfully farmed by the Shaw family since 1966 and until recently home to the renowned Wharetoa Genetics. An easy contoured versatile property including excellent fertility with impeccable livestock performance and production. 90 main paddocks with rural water scheme. Excellent access by county road and extensive internal lane system. Spacious four bedroom brick homestead plus a three bedroom home built in 2014. A quality finishing property extensively developed by the Shaw family who have very passionately achieved excellence in farming since owning Wharetoa farm

JASON RUTTER

WAIKOIKOI,WESTOTAGO

169 Charters Road

Viewhill Farm

A rare opportunity to secure a well balanced, north facing farm in the heart of West Otago at Waikoikoi. Faithfully farmed by the McCall family, this 328ha (STS) versatile property currently operates as a sheep and cattle unit, with potential for beef finishing or cut and carry. The homestead is situated on an elevated site with spectacular views over West Otago. Improvements include a 3 stand raised board woolshed and covered yards, cattle yards, multiple sheds, excellent lane access, and reliable water supply. With scale, infrastructure, and subdivision potential, Viewhill Farm is a standout offering in a popular and reliable farming region

brent.irving@pggwrightson.co.nz

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 12.00pm, Wednesday 12 November pggwre.co.nz/DUN42307

DEREK

WAIKAKA,SOUTHLAND

565 Bushy Park Road

Versatile Property with Scale and Location

PGG Wrightson presents this well maintained 299ha sheep and beef property near Waikaka, farmed by the Smith family for many years. Featuring a four-stand woolshed, sheep and cattle yards, silage pit, and a rock quarry, the farm is subdivided into approximately 40 paddocks with reliable water supply and good fencing. A solid five-bedroom home offers elevated views over Wendon Valley. Just 6km to Waikaka and 30km to Gore and Tapanui, this is a prime opportunity for investors or those expanding their farming operation.

DEREK AYSON

027 667 9601

derek.ayson@pggwrightson.co.nz

JADE BONNAR

027 364 5727

jade.bonnar@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

Closes 12.00pm, Friday 7 November

PGG Wrightson Real Estate, 46 Medway Street, Gore

pggwre.co.nz/GOR42115

TETIPUA,SOUTHLAND

1550 Waimumu Road

Shonavale

This 346ha property in the Waimumu district, has been faithfully farmed by the Ross family since 1909. Primarily set up for deer, it also supports cattle and some sheep. The solid, north facing, four-bedroom home was built in 1990. Farm infrastructure includes a modern steelframed shed, an older woolshed, deer shed plus multiple implement and storage sheds. Fully deer fenced and well subdivided, the farm features an all-weather rock track with reticulated water supply and natural creeks. The land is mostly flat to gently rolling with established shelter belts.

027 667 9601

derek.ayson@pggwrightson.co.nz

Enquiries Over $5.995M Plus GST (if any)

pggwre.co.nz/GOR41308

DEREK AYSON

WAIMAHAKA,SOUTHLAND

122 Middleton Road

First Farm with Modern Home

PGG Wrightson Real Estate are proud to present this north facing 132ha sheep and beef property.

Two houses adorn the property, one being an older five bedroom dwelling, but the real gem is a 2014 David Reid Home with three bedrooms (master with ensuite).

Farm improvements include a four stand RB woolshed, older cattle yards, three bay super shed with concrete floor and sides, plus numerous other supporting sheds. The farm is well subdivided and fencing of a good standard. Stock water is via natural creeks. This property offers a unique opportunity to take it to the next level.

DEREK AYSON

027 667 9601

derek.ayson@pggwrightson.co.nz

JADE BONNAR

027 364 5727

jade.bonnar@pggwrightson.co.nz

Enquiries Over $2.6M Plus GST (if any) pggwre.co.nz/GOR41155

BALFOUR,SOUTHLAND

621 Josephville Glenure Road

Immaculately Presented Northern Southland Farm

Located in Northern Southland, this meticulously maintained 237ha farm offers scale, quality, and versatility. Mostly flat, it is divided into 36 paddocks with reliable water systems and efficient lanes. Infrastructure includes a four-stand woolshed, covered yards for 800 sheep, multiple haybarns, implement sheds, Skyline garage, and more. Shelterbelts add protection and appeal. A warm three-bedroom home with sleepout completes this wellequipped property in a highly regarded farming area.

derek.ayson@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

Closes 12.00pm, Friday 31 October

PGG Wrightson Real Estate, 46 Medway Street, Gore

pggwre.co.nz/GOR42093

JADE

ACTON,SOUTHLAND

648 Ellis Road

Exceptional Grass Farming Operation

Highly productive 165.8818 hectare grass farming, livestock trading property that offers flat terrain, fully deer-fenced paddocks, and a well-designed laneway system. Enjoy panoramic views of the surrounding rural landscape and majestic mountains from this exceptional location. The spacious four bedroom home has a master suite with ensuite, internal access double garage, and generous living areas. It offers excellent sheds and stock handling facilities. Reliable and abundant water supply for irrigation and livestock. With its fertile land and robust infrastructure, this property presents outstanding opportunities for agricultural enterprises.

Auction Plus GST (if any) 1.00pm, Tuesday 11 November On Site pggwre.co.nz/TAN42286

Video Available

SANDRA

CASTLEDOWNS,SOUTHLAND

409 Castle Downs Road

Well Developed Farming Operation With Scale

1142.3455 hectares, a large scale farming option situated close to Central Southland with plenty of available income streams through breeding, finishing and grazing.

Two well-appointed homes, one being a 1990 four-bedroom two story brick home, second dwelling a large five bedroom home.

External features include a six-stand flat board woolshed, deer shed, three hay barns, five stables, loose boxes, workshop and three silos, two sets of sheep yards, two sets of cattle yards, and deer yards. Flat to rolling contours, with around 100 hectares dedicated to medium hill and steeper terrain and 100 hectares in forestry entered into the E.T.S.

ANDREW PATTERSON

027 434 7636

apatterson@pggwrightson.co.nz

Enquiries Over $14.2M Plus GST (if any)

pggwre.co.nz/INV41080

RIMU,SOUTHLAND

79 Tapper Road, Farm 3

Tapper Road Dairy Farm

202.6752 hectares (subject to survey), This unit has good scale, milking 700 cows and has produced up to 369,639kg milk solids through a tidy 40 aside herringbone cowshed. The shed is situated on an elevated site centrally located on the farm with one central lane able to access a large portion of the farm.

Three houses ranging from a new three bedroom home to a well sheltered tidy three bedroom brick home and a two bedroom older home but tidy interior.

The property has an attractive area of 4.9 hectares of native bush with a QII covenant to add appeal.

apatterson@pggwrightson.co.nz

Tender

Plus GST (if any) No prior offers Closes 12.00pm, Wednesday 19 November pggwre.co.nz/INV42212

RIMU,SOUTHLAND

12 Shand Road

Productive Dairy Unit

135.9744 hectares (subject to survey), a very productive unit with a 40 aside herringbone shed, a 500-cow circular yard, milking 475 cows producing 250,983kg milk solids with a new consent until 2033. Good shedding consisting of a three bay implement and storage ex woolshed, three bay shed, five bay shed, two bay implement shed, four bay implement shed, four bay bobby shed.

One very tidy four bedroom brick and roughcast home set in attractive surrounds, situated only 10km from Invercargill.

027 434 7636

apatterson@pggwrightson.co.nz

Tender

Plus GST (if any)

No prior offers

Closes 12.00pm, Wednesday 19 November pggwre.co.nz/INV42210

ANDREW PATTERSON

RIMU,SOUTHLAND

792 Rimu Road

Rimu Road Dairy Unit

176.3437 hectares (subject to survey), modern 40 aside herringbone cowshed milking 599 cows, producing close to 297,720kg milk solids.

Excellent calf sheds at the cowshed, three homes, the main dwelling being a large, four bedroom, two-storey Summer Hill stone home, another three-bedroom brick home, and a three-bedroom weatherboard home that has been renovated throughout.

Well subdivided with good soils and infrastructure making this an appealing unit.

Tender

Plus GST (if any) No prior offers Closes 12.00pm, Wednesday 19 November 2 Fox Street, Invercargill

pggwre.co.nz/INV42211 apatterson@pggwrightson.co.nz

OWARE,SOUTHLAND

59 Oware Road

Productive Dairy Unit in Wyndham

140.4841 hectares well established productive dairy unit situated on good soils just 7km from Wyndham.

Two brick homes located independently from one another on the property.

34 aside herringbone cowshed with a feeding area for Proliq, calving pad with flood lights, lined effluent pond with a new consent until 2035. Producing 230,860 milk solids from 450 cows.

ANDREW PATTERSON

027 434 7636

apatterson@pggwrightson.co.nz

Tender

Plus GST (if any) No prior offers

Closes 12.00pm, Wednesday 19 November 2 Fox Street, Invercargill

pggwre.co.nz/INV41491

MENZIESFERRY,SOUTHLAND

520 Island Edendale Road

Dairy Operation in Edendale

177.3515 hectares situated on highly productive soils with superior improvements, featuring a lovely three bedroom brick home built in 2020, 54 bail rotary with 500 cow yard plus plenty of in shed extras, 3M litre klip tank and separator, modernised second home, excellent array of farm buildings all situated on a sealed road just 8km from Fonterra plant. Low inputs as per an organic farming practice producing up to 171,000 milk solids, 550 cow consent until 2032.

Everything is here with very little capital to spend so make an appointment to come and see.

apatterson@pggwrightson.co.nz

Deadline Private Treaty

Plus GST (if any)

Closes 12.00pm, Friday 28 November (Unless Sold Prior)

pggwre.co.nz/INV41118

PINEBUSH,SOUTHLAND

289 Woodslea Downs Road

Get Control of Your Dairy Grazing

221.6413 hectares, situated just 22km from Edendale this established dairy grazing unit provides an opportunity to grow out your young stock, winter cows, take pasture home to the in milk cows or finish surplus beef calves.

Supported by a very tidy four bedroom home which has been modernised throughout. Farm buildings include covered yards, excellent cattle yards and a range of other useful sheds. Situated on a sealed road with 17 years of dairy grazing history, this package is well worth your interest.

Deadline Private Treaty

Plus GST (if any)

(Unless Sold Prior)

Closes 12.00pm, Friday 5 December

pggwre.co.nz/INV41577 apatterson@pggwrightson.co.nz

GLENCOE,SOUTHLAND

1601 Glencoe Highway

Glencoe Dairy Grazing/Supplement Block

33.5845 hectares, centrally located supplement land located between Invercargill, Gore and Winton.

Ideal local addition or building block currently being utilised as a cut and carry/ grazing block with dairy grazing history in the reference period.

Flat to rolling contour with good shelter, water is available by negotiation via a 40mm pipeline to 750 litre troughs. Waianiwa + Pukemutu + Makarewa soils with recent drainage being done, road frontage off the Glencoe Highway and partly laned on eastern boundary.

LAVEROCK

027 506 6440

ryan.laverock@pggwrightson.co.nz

PATTERSON

027 434 7636

apatterson@pggwrightson.co.nz

$805,000 Plus GST (if any) pggwre.co.nz/INV41752

RYAN

ANDREW

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