Property Express - Fieldays Edition 2018

FIELDAYS EDITION Auction Special

Grazing, Fattening And Hunting 40.43ha, Huntly To be Auctioned live at Fieldays See page 6 for details

J U N E 2018 | www.pggwre.co.nz/fieldays

New Zealand’s leading rural real estate company

When it comes to connecting buyers with their new rural property, being a national team of expert locals makes all the difference.

If you’re considering selling your rural property, or looking to buy, give one of our local sales experts a call.

You’ll find us at www.pggwre.co.nz, or at the local PGG Wrightson Real Estate office nearest you.

RURAL I LIFESTYLE I RESIDENTIAL pggwre.co.nz

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PGG Wrightson Real Estate Limited, licensed under the REAA 2008

New Zealand’s leading rural real estate company

Helping grow the country

Welcome Welcome to the 2018 National Fieldays at Mystery Creek, Hamilton

This year, the PGG Wrightson Real Estate Waikato team are offering a unique experience. From midday on Saturday, 16 June, we are putting three properties under the auction hammer, live in our PGG Wrightson marquee, located at H39/H Street.

Here at PGG Wrightson, we are proven experts in achieving great auction results for our vendors. Our credentials in planning, organising and conducting auctions are without parallel, employing some of the country’s most highly skilled and experienced auctioneers.

In this special Fieldays edition of ‘Property Express’, you can find details of the properties for auction here at Fieldays, as well as showcasing listed properties from around the country. Feel free to also collect a copy of our ‘Rural Property Pulse’, providing expert commentary on the autumn rural real estate market and an update from other agricultural sectors.

Our sales consultants look forward to hearing from you, and to helping you convert your rural property dream into reality.

Contents Features

Page

Welcome................................................................................. 3 Fieldays Auction Properties (Waikato)..................... 4-9 Auction Benefits..........................................................10-11 North Island Listings........................................................ 12 Regional Update............................................................... 28

Peter Newbold General Manager, PGG Wrightson Real Estate Limited

South Island Listings........................................................ 30 Our Offices........................................................................... 51

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

Helping grow the country

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New Zealand’s leading rural real estate company

Tamahere, Waikato

A Coveted Location - Enter the Market in Style This contemporary family home, laced with French provincial style, capitivates the moment you step through the door. Offering large flexible spaces for lounging, dining, entertaining and extended living, the content, layout and location are impressive. A big emphasis is placed on seamless indooroutdoor relaxation and comfort. Promoting a true lifestyle ambience, the 8060m² property has paddocks, a stable, gardens, orchard and generous garaging. It lies in a private rural enclave zoned for quality education, in walking distance of Tamahere Model Country School and new village development.

Auction (Unless Sold Prior) 12.00pm, Saturday 16 June PGG Wrightson Site, H39 H Street, Fieldays, Mystery Creek, Ohaupo 4

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www.pggwre.co.nz/HAM28162 Russell Thomas B 07 858 5307 | M 020 4004 0360 Angela Thomas M 020 4004 0368

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NewZealand's Zealand’sleading leadingrural rural real estate company New

Huntly, Waikato

Grazing, Fattening And Hunting Here is an opportunity to secure a well presented 40 hectare grazing block with 10-15 hectares suitable for cropping or hay and access to world class duck hunting. This property also has a two bay implement shed, a good set of cattle yards and a reliable water supply. The property is fenced into 28 paddocks with electric fencing throughout, suitable for any class of cattle. An added bonus is the two hunters baches with a fire each, cooking facilities and sleeping for 4-6 people, great for the hunting season. Various desirable building sites for your dream home are also available.

Auction (Unless Sold Prior) 12.00pm, Saturday 16 June PGG Wrightson Site, H39 H Street, Fieldays, Mystery Creek, Ohaupo

www.pggwre.co.nz/HAM28354 Richard Thomson B 07 858 5325 | M 027 294 8625

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NewZealand's Zealand’sleading leadingrural rural real estate company New

Cambridge, Waikato

Location Plus!

Summerhill stone cladding home built in the 1970s with coloursteel roof, three bedrooms plus office, one bathroom and internal access from the double garage. A very tidy home with appealing outdoor private decked area from dining area. The 2921m² land area with small paddock would allow more shedding to be built if required. There is a wood and bike storage shed of 20m² approximately - a bonus to enhance country living. The key feature with this property is presentation but more importantly is the location to Cambridge fronting onto the Karapiro cycle trail.

Auction (Unless Sold Prior) 12.00pm, Saturday 16 June PGG Wrightson Site, H39 H Street, Fieldays, Mystery Creek, Ohaupo 3

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www.pggwre.co.nz/CAM28327 Martin Lee B 07 823 0632 | M 027 497 0830

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Auction...

PGG Wrightson Real Estate the auction experts!

Selling items by auction is a process that has been established for generations.

For over 170 years, PGG Wrightson has been synonymous with selling real estate, livestock, bloodstock, wool and clearing sales by auction.

It’s part of our culture and part of our clients’ and customers’ expectations.

We commit to the auction process because it has been proven to be the most time-efficient way of producing a successful sale.

www.pggwre.co.nz 10 New Zealand’s leading rural real estate company

The Benefits • A fully transparent sale process, open and efficient • Creates competition between highly motivated bidders • Sale is completed on the day, or if not sold under the hammer, can be negotiated on the spot with the highest bidder • It is an Unconditional Sale when the auction hammer falls • You as the vendor are in control of the sale process, from regular feedback and Vendor Reports to consultation on the marketing to the auction itself

Talk to us here today to book a free appraisal of your property and to confirm your spring auction campaign.

www.pggwre.co.nz/about-auctions Helping grow the country 11

Morrinsville, Waikato

This is Gold!

Auction

Where do you find a beautiful, modern home on just over 1,800m² in the heart of Morrinsville? A lot of this home has been redecorated including a lovely kitchen with bifold doors leading to a massive outdoor deck area complete with ponds and an outdoor fireplace. There are four double bedrooms, the master with en suite and walk-in wardrobe; it too has bi-folds leading to the outdoor living area. Kitchen, living and dining areas are open plan, with the kitchen being a really well planned space. Most of this home has had double glazed windows fitted, as well as gas hot water.

(Unless Sold Prior) 11.00am, Thursday 28 June PGGWRE, 168 Thames St, Morrinsville

Robyn Cruickshank B 07 889 0027 | M 027 308 7110

12 7 New Zealand’s Zealand's leading leadingrural ruralreal realestate estatecompany company

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www.pggwre.co.nz/MOR28344

Cambridge, Waipa

142ha Deer/Beef and Sheep Farm

$3.3M

Only 7km approx from Cambridge town clock is the key feature. My Vendors have set a very realistic price of $3.3M plus GST (if any) to sell this idyllic property. Under 5% above GV of $3.160M. This is a real opportunity to own a trophy property so close to sought after Cambridge. All livestock could be purchased at valuation (additional to land and buildings). Currently run breeding deer, cattle and sheep, this property will appeal to those that are looking for good value. Just enjoy the peace and quiet and continue as is.

The quality substantial homestead will tip the scales for the discerning Purchaser.

Plus GST (if any) 4

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www.pggwre.co.nz/CAM28337

Martin Lee B 07 823 0632 | M 027 497 0830 | H 07 834 1327

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Te Kowhai, Waikato

A Hidden Gem

Price on Application

• 59 hectares currently run as a dairy unit • 21 ASHB, three bedroom home, heaps of shedding • Genuinely for sale after years of ownership • Mainly flat contour - some terracing - Te Kowhai silt loam soils • Tucked quietly away in an increasingly popular lifestyle / farming area • Only 20km to Hamilton CBD - 12km to expressway • Would suit a variety of purchasers requirements as there is some expenditure required

Plus GST (if any)

John Sisley B 07 858 5302 | M 027 475 9808 | H 07 843 5360

14 9 New Zealand’s Zealand's leading leadingrural ruralreal realestate estatecompany company

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www.pggwre.co.nz/HAM27966

Te Akau, Waikato

Coastal Trophy Cattle Country

Tender

This 790ha (approx) property is currently a large scale beef finishing farm running bulls and steers with a level of infrastructure that cannot be faulted. The farm is subdivided into approx 130 paddocks all fed off a well thought out race system. All waterways are fenced off internally as well as the 20 plus kilometres of Raglan harbour front. The property features four homes, all very well presented, two are large six bedroom homes and two cottages. A dream property, with scale, aesthetics and strong productive land and around 60km to Hamilton.

(Unless Sold By Private Treaty) Closes 3.00pm, Friday 20 July PGG Wrightson Real Estate Ltd, 11 Vialou St, Hamilton 5

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www.pggwre.co.nz/HAM28362

Richard Thomson B 07 858 5325 | M 027 294 8625

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Waiharara, Northland

Blueberries and Avocados - Enjoy a Tasteful Lifestyle

Price by Negotiation

Set up on 4.453 hectares with a tidal estuary boundary, accessible only by property or boat, this well established orchard is a rare opportunity offering both income and a tasteful lifestyle. With approximately 500 avocado trees and over 1500 blueberries plus an additional 50 fruiting specimens, most of which are enclosed in a 1.2ha hail proof enclosure, this property ensures nothing but top of the line produce. The orchard is currently set up with a carefully mapped out deep bore irrigation system complete with sprinklers along with the facilities to pump liquid fertiliser.

Plus GST (if any) 2

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www.pggwre.co.nz/KER28093

Paul Yates M 027 577 9962

16 New Zealand’s leading rural real estate company

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Kamo, Northland

Superb Midsize Block In Very Appealing Location

$1.6M

• Approximately 60ha of good pasture with the fertiliser history available • 70% flat with remainder easy rolling. Private and lies to the north • Winters 130 mixed age cattle. Good hayshed and very good yards • Good older three bedroom home with modern kitchen • Well fenced and great supply of artesian spring water reticulated to 16 paddocks • There is a superb quarry and some nice clumps of native bush We are instructed to sell this property and have no doubt that it will attract interest

Plus GST (if any)

Mel Currin

Dennis Wallace

B 09 470 2522 | M 021 134 6472

M 022 312 7704

12 New Zealand's leading rural real estate company

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www.pggwre.co.nz/WHG27502

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Dargaville, Northland

Tidy Dairy Farm with Great Location

Price on Application

Stunning 120 hectare dairy farm, flat contour which boundaries onto the Northern Wairoa River, with a five hectare block of native bush, only 12.2km from Dargaville township so has a great location aspect. This property has two x three bedroom family homes, 40 bail rotary cow shed currently milking 320 cows, large concrete feed pad plus feed bin, large limestone area used for grass silage stack or bales, new ice bank for cooling and a large water treatment plant. Could also be used as a cropping block for kumara, maize silage or grain.

Plus GST (if any)

www.pggwre.co.nz/DAG28361

Ron Grbin B 09 439 3354 | M 027 471 6388 | H 09 439 3354

18 New Zealand’s leading rural real estate company

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Hunua, Greater Auckland

Ideal Hobby Farm

Price by Negotiation

This picturesque 30.99ha rural land parcel offers a wonderful opportunity for recreational lifestyle or hobby farming. Situated approximately 15km from Ramarama motorway and 55km from Auckland CBD. Brick and tile, quality home with spa pool. Two large implement sheds, one calf-rearing shed and cattle yard. Spring water supplied to entire farm for the stock. The farm is centrally raced with firm metal base.

Rarely do opportunities with large land and a beautiful home, in the greater Auckland region come by.

Plus GST (if any) 4

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www.pggwre.co.nz/PUK27932

Mingli Defendi B 09 239 0645 | M 022 327 2300

14 New Zealand's leading rural real estate company

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Waihi, Bay of Plenty

Welcome to Magnolia Lane!

Set up for easy living, this immaculately presented brick and tile home with double garaging is just three years young. Consisting of three double bedrooms, main with en suite, double glazing and heat-pump to keep your home warm this winter. The home's open plan living spaces (including the modern kitchen, dining, lounge and master suite), all flow out to the private patio and lawn in the backyard which feature raised vege gardens and landscaping. For the home handyman a 6 x 4.8m versatile shed sits ready for that next project. And yes there's room for the motor-home.

Wendy Matutinovich

Mike Matutinovich

B 07 863 6495 | M 027 493 9745

B 07 863 6587 | M 027 474 5345

20 New Zealand’s leading rural real estate company

$635,000 3

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www.pggwre.co.nz/WAH28322

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Katikati, Bay of Plenty

Avocado Retreat

Tender

An executive home and an exceptional private orchard on 3.5813 hectares with 220 mature healthy avocados holding a good crop. Fertile, sheltered land lies well to the harbour. Magical moonrises and sun streaming over the horizon into the master suite in the morning, paradise! Massive views. Huge covered deck, triple garage and B&B income. Three phase power in the lock up shed, security gates, lots of sealed parking and a plug for the motorhome or caravan. Extra space for a minor dwelling and more avocados. A short walk to the Kaimai forest, enjoy the waterfalls and hunting.

(Unless Sold By Private Treaty) Closes 4.00pm, Thursday 5 July 5

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www.pggwre.co.nz/TAR28292

Andrew Fowler B 07 571 5797 | M 027 275 2244 | H 07 574 8585

16 New Zealand's leading rural real estate company

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Te Puke, Bay of Plenty

The Bays Best Buy - Crop Included 5.7 canopy hectares Green kiwifruit 1.69 canopy hectares Gold kiwifruit packed in excess of 12,000 trays per hectare 2018, huge upside to be obtained Four year average in excess of 12,000 trays per hectare Green Four year average OGR in excess $62,000 per hectare Excellent crop 2018 on vines, all Ag beamed, strip maled and flat contour Large load-out area and good water supply

Stan Robb

Chris Robb

B 07 573 0441 | M 027 473 9322

B 07 573 0441 | M 027 473 0043

22 New Zealand’s leading rural real estate company

$3.7M Plus GST (if any)

www.pggwre.co.nz/TEP28091

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Whakatane Surrounds

Irrigated, Shade and Shelter 140ha freehold with 80ha transferable leases Sound 24 ASHB dairy, milking 450 cows at peak with split calving Best production 209,000kgMS 2014/2015, supplying Open Country Dairy Pod irrigation over 80ha, plus 20ha on lease land, from deep well bore on farm Four homes, two hay barns, implement shed/workshop and silage bunker Environmentally appealing with shade and shelter from 20,000 trees planted including woodlots and three developed wetland areas

Price by Negotiation Plus GST (if any)

www.pggwre.co.nz/WHK27709

Phil Goldsmith B 07 307 1620 | M 027 494 1844

18 New Zealand's leading rural real estate company

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Hawke's Bay

Often Sought - Seldom Found 1.2245 hectares (three acres) situated in Puketapu, Hawke's Bay Spacious, well maintained, four double bedroom residence Lounge, family room, open plan living/dining Outstanding rural panoramic views, only 10km to Taradale Lockable 33.5m² shed, wood shed, 50mm well, modern bio-cycle septic system Pony paddock, attractive landscape plantings

$895,000 GST Inclusive 4

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www.pggwre.co.nz/HAS27521

John Bruce B 06 878 3156 | M 027 441 2685 | H 06 877 6030

24 New Zealand’s leading rural real estate company

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Wanstead, Central Hawke's Bay

Lime Hill

Enquiries Over $860,000

33.040ha subdivided into twelve paddocks Comfortable four-bedroom homestead Generous living areas, country style kitchen Three stand wool shed/ three bay implement shed with lockable fourth bay work shop Cattle yards, sheep yards, five bay dog motel Good stock water supply

Fiona Barrett

Doug Harvey

B 06 858 6078 | M 027 454 6712

B 06 858 6069 | M 027 262 6153

20 New Zealand's leading rural real estate company

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www.pggwre.co.nz/WPK28044

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Featherston, Wairarapa

Dairy Support Farm with Options

Tender

60.15ha dairy support farm well located with good quality Moroa loam and stony loam.

This property is well known locally for the past vendor and his bore drilling expertise.

The property has water consent for irrigation of six litres per second for 150 days from seven bores, giving the property good options for further development or diversity.

There is a large, warm, well insulated four bedroom home, with good farm infrastructure (ex dairy farm). Farm sheds include a general purpose shed, old dairy shed, two-bay shed, two loafing barns, fencing, stock yards and a good stock water system.

GST Inclusive (Unless Sold By Private Treaty) Closes 4.00pm, Wednesday 4 July PGG Wrightson, Masterton 4

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www.pggwre.co.nz/MAS28235

Bevan Edwards B 06 370 1889 | M 027 204 2895 | H 06 379 9087

26 New Zealand’s leading rural real estate company

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Carterton, Wairarapa

Lifestyle with Prime Location

Auction

Check this lifestyle property out, three bedroom home with open plan living, large modern kitchen, decks with excellent outdoor flow and views of the Tararua Ranges, making it great for the family. Set on 1.8ha with four paddocks, equestrian round yard, stock yards and load out. With plenty of farm sheds a two car garage plus workshop and single car shed. This property is located only 12km from Masterton, 12km to Carterton and 13km to Holdsworth Forest Park, with the school bus going past the gate, making it a prime location. Make the move to that lifestyle that you have been looking for.

GST Inclusive (Unless Sold Prior) 11.00am, Thursday 12 July Masterton Club, 98 Chapel St, Masterton 3

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www.pggwre.co.nz/MAS28365

Bevan Edwards B 06 370 1889 | M 027 204 2895 | H 06 379 9087

22 New Zealand's leading rural real estate company

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Regional Update Northland Northland’s autumn rural property market was unremarkable. Although listings are readily available, including some excellent farms, purchasers and their financiers are reluctant to meet vendor price expectations.

A 36.5 hectare Kaipara property growing kumara sold in April for $43,000 per hectare.

Interest in the region’s developing avocado sector continues to rise, with orchards transacting between $300,000 and $350,000 per canopy hectare, and the possibility of up to 1,000 hectares of new orchards identified for avocado planting in the Far North. As in other regions, Northland dairy farmers are conscious of increasing requirements around environmental compliance, though on generally heavier soils, they are less likely to be seriously affected than their counterparts elsewhere. Rural property activity through the winter is likely to focus on preparation for spring sales, which, assuming the current payout forecast is confirmed, should be steady.

Waikato Waikato dairy farms sold in autumn at similar quantities and values as they had 12 months earlier, although a gap appears to be developing between better quality farms and those less well located or contoured.

A 95 hectare Cambridge dairy farm, which sold at auction in May for $120,000 per hectare, demonstrates how keen demand is at the top end of the market. Based on good lamb and beef prices and excellent weather, conditions for the region’s pastoral farmers were close to perfect and, as a result, there has been more late season sale activity than normal. Consequently, Waikato market activity through winter is likely to be slight, as those who were motivated to sell have already done so. With every indication that these factors will prevail, market activity should re-energise in spring, with values likely to remain at similar levels.

Bay of Plenty, Central Plateau and South Waikato Kiwifruit dominates the Bay of Plenty’s rural property market. Autumn sales of the most sought after gold G3 orchards reached $1.1 million per canopy hectare.

With Zespri issuing new licences, bare land suitable for horticulture is in great demand.

A 138 hectare Paengaroa dairy farm, with 80 hectares fit for kiwifruit, sold in April for $5.9 million, well over double its value as

dairy land. Other dairy farmers are assessing this opportunity, and orchardists are keen on properties that will give them scale. On the Central Plateau, without horticulture, dairy property is selling less readily as tighter banking criteria have made obtaining finance more difficult. Farms that have sold range from $27,000 to $36,000 per hectare.

Several drystock properties also sold in the autumn, between $10,000 and $16,000 per hectare, with greater demand for farms suited to dairy support.

Lower North Island Autumn rural property activity through Taranaki, Wanganui, Wairarapa, Manawatu and Horowhenua increased somewhat on what had gone before. After a tough summer, with few listings or sales, an increased number of farms were offered for autumn sale. Some positive transactions resulted, particularly of small farms. As in other regions, uncertainty around dairying consents, slowly emerging government policy, and future regulations focused on environmental sustainability created uncertainty, inhibiting those who might otherwise seek to buy dairy land. This is likely to prevail for a few more months.

Meanwhile, sheep and beef listings are tight as farm owners prefer to make the most of positive commodity returns rather than sell up. A traditionally quiet winter is therefore indicated in the lower North Island, as farmers evaluate their options ahead of spring, rather than pre-empt that and go to market earlier.

Hawke’s Bay Several good sheep and beef farm sales featured in Hawke’s Bay through the autumn, with values ranging from $8,500 to more than $10,000 per hectare. Most of the properties transacted were medium hill country farms ranging from 400 to 800 hectares. While prices are encouraging, in most cases, these properties were purchased to augment existing farms. Values reflect that highly motivated neighbours with the resources to increase their holdings are the main group of purchasers. Despite firm indicators that sheep and beef farmers will continue to do well in the coming months, with rural property listings largely exhausted, a subdued winter market is likely. However, as this is the season to prepare a farm for spring sale, and several Hawke’s Bay farmers have already indicated that is their intention,

28 New Zealand’s leading rural real estate company

spring should herald a buoyant market, with firm values prevailing.

Nelson/Marlborough Exceptional autumn weather at the top of the South Island meant farms were presented for sale in extremely good condition, while stock prices across the board continued to increase the desirability of pastoral property. However, demand exceeds the supply of listed Nelson and Marlborough sheep and beef farms, with those few that were offered attracting strong enquiry at favourable prices. A 500 hectare St Arnaud grazing block attracted plenty of interest before selling well in late May, while market activity in Murchison and Golden Bay also indicates good prices can be expected for upcoming sales in those two districts. Pending the continuation of elevated red meat prices, plenty of rural property market activity is likely in the coming months, with particular encouragement for anyone looking to sell a Nelson or Marlborough farm in the spring.

Canterbury Since the change of government last year, international corporate buyers previously motivated to buy larger dairy farms have taken a spell until new requirements for overseas investment are clarified.

Uncertainty around environmental compliance, capital gains tax and Mycoplasma bovis also cooled enthusiasm.

Apart from a small number of Canterbury dairy properties sold to local buyers in the autumn, at values slightly down on last year, transactions were scarce. Meanwhile, with feed, climate and commodity prices all in their favour, Canterbury pastoral farmers prefer the cashflow on offer to making property available for sale. Sheep and beef farm transactions were therefore similarly reduced in quantity. Until the factors preoccupying the region’s dairy sector settle down, little will change in the property market, though some Canterbury farmers are likely to offer their farms to the spring market, particularly sheep and beef.

West Coast Entry level dairy properties around 100 hectares, producing in the range of 100,000 kilograms of milksolids per annum, and priced at between $2.0 million and $2.3 million are in ready supply on the West Coast. Values range from $13,000 per hectare, ensuring these listings represent a

Regional Update realistic opportunity for sharemilkers to step into farm ownership, and Whataroa and Kowhitirangi farms with these specifications have attracted interest from first-time buyers during the autumn. Although the region’s weather was not kind to farmers through the autumn, with persistent precipitation holding back production, confidence in the payout is increasing. Depending on the performance of local co-operative Westland Milk Products, which its West Coast shareholders monitor carefully, and which is currently projecting a payout of $6.10, more West Coast dairy farms are likely to come onto the market during the spring.

Mid and South Canterbury Demand for Mid and South Canterbury drystock property is heavy. A 589 hectare Limestone Valley grazing property attracted multiple potential buyers before selling well in late autumn. Facing the challenge of Mycoplasma bovis, several of the region’s dairy farmers are seeking grazing and support blocks, looking to establish standalone dairy units, ensuring greater control of their stock management and therefore mitigating the risk of the infection.

With doubt prevailing on government

policy around foreign investment, buyers for large dairy farms are scarce. A subdued winter rural property market is in prospect.

Depending on the payout, when spring arrives, some of the region’s less sought after dairy farms are likely to attract attention from sheep and beef farmers considering decommissioning the cowsheds and converting these properties into beef finishing blocks. Any farm that changes hands in this scenario will be revalued accordingly.

Otago A highlight of the Otago market during the autumn was the sale of Altavady, a substantial North Otago pastoral farm, which sold in early May. In the same family ownership for three generations and presenting various farming options, though traditionally raising sheep and beef, the property was purchased for development as a grazing unit to support existing Waitaki Plains dairy farm holdings. Also notable was the sale of 835 hectare Rutherglen, at Waitahuna, South Otago, which had been in the tenure of the same family since 1880, and was also purchased locally. An Otago listing that will be closely observed is 6404

hectare Huntleigh Station, an extensive Middlemarch sheep and beef fattening property that bounds the Taieri Gorge It is owned by New Zealand Pastures Limited and is likely to be the largest New Zealand farm offered for sale in 2018.

Southland Autumn sales of Southland properties greater than 100 hectares were half the number of transactions for the same period last year. Although ready buyers for any property of scale were rare, one recent notable sale that belied that trend was Jericho Farm, an extensive, traditional 1,359 hectare Southland sheep and beef property, with a balance of tussock hill country and river flat paddocks, used to fatten lambs and young cattle. It was formerly in the Landcorp portfolio, and sold in April to a local buyer for around $1,000 per stock unit. With next year’s commodity returns forecast to be favourable for every category except coarse crossbred wool, some optimism should return to the region’s spring rural property market and, if prices have eased in the past 12 months, there will be opportunities for buyers who are ready to take them.

Connecting people with property.

When it comes to connecting buyers with their perfect new residential property, being a national team of expert locals makes all the difference.

If you’re considering selling your lifestyle residential property, or looking to buy, give one of our local sales experts a call.

You’ll find us at www.pggwre.co.nz, or at the local PGG Wrightson Real Estate office nearest you.

RURAL I LIFESTYLE I RESIDENTIAL pggwre.co.nz

PGG Wrightson Real Estate Limited, licensed under the REAA 2008

Helping grow the country

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Takaka, Tasman

Green Kiwifruit - Golden Bay

Enquiries Over $1.45M

10.2974 Hectares - One Spec Road, Anatoki • 5.6 canopy hectares Hayward Green kiwifruit achieving excellent production figures • Set on pergola structures with an irrigation system and well established shelterbelts • Balance area comprises a series of small grazing paddocks • A cosy well maintained cottage completes the picture • Located handy to the village of Takaka • This is a golden opportunity to gain a foothold in the very dynamic kiwifruit industry

Plus GST (if any)

www.pggwre.co.nz/NEL28229

Peter Evans B 03 543 8599 | M 027 224 9798 | H 03 544 5888

30 New Zealand’s leading rural real estate company

Helping grow the country 23

Murchison, Tasman

186.3955 Hectares - Finishing or Dairy Support

Enquiries Over $2.4M

186.3955 Hectares - Finishing or Dairy Support. Located in the Lower Maruia Valley and approx. 36km to Murchison. Comprises a high ratio of flat to easy terrain interspersed with pockets of native bush. Recent extensive development programme undertaken.

Other improvements include 2 x 3 bay sheds, cattle yards, two solar powered fencing units and a three room utility shed. Notable other features include frontage onto Maruia River a renowned trout fishery, plus plentiful red deer in the surrounding native forest.

Plus GST (if any)

www.pggwre.co.nz/NEL28237

Peter Evans B 03 543 8599 | M 027 224 9798 | H 03 544 5888

24 New Zealand's leading rural real estate company

Helping grow the country 31

Renwick, Marlborough

'Gibson Bridge' Boutique Vineyard and Tasting Room

Price by Negotiation

A magnificent lifestyle property on two freehold titles, this boutique vineyard showcases its premium single estate wine at its very own elegant tasting room situated primely on State Highway 6 to Nelson. Beautifully positioned on the 2.25ha property is the two bedroom open plan residence, complete with sleep out for the extended family. A four bedroom second dwelling offers further opportunities. Presented exquisitely, this property is on the market as a Going Concern.

Plus GST (if any)

Mark Terry B 03 579 3659 | M 027 572 2559

32 25 New Zealand’s Zealand's leading leadingrural ruralreal realestate estatecompany company

www.pggwre.co.nz/BLE27936

Fairhall, Marlborough

Sought after Marlborough Pinot Noir Vineyard

Price by Negotiation

Rarely available is this desirable Brancott Valley, Marlborough vineyard of 27.7ha in two titles known for a history of quality production. This property produces premium fruit under "Odyssey Wines" and consists of 5.6ha of Pinot Noir and two 1ha blocks of Sauv Blanc/ Pinot Gris. All infrastructure is in place including dam, sheds, meeting room etc.

The jewel in the crown is a separate flat unplanted block of 5.3ha including irrigation allocation which offers further development. Reap the benefits of a great sized owner/operator property or build your dream home with stunning views.

Plus GST (if any)

Joe Blakiston

Greg Lyons

B 03 579 3702 | M 027 434 4069

B 03 579 1188 | M 027 579 1233

www.pggwre.co.nz/BLE28114

Helping country Helpinggrow growthe the country 3326

Cheviot, Canterbury

Versatility the Key

Price by Negotiation

289ha, approx. 100ha under irrigation (63l/s), the balance being river terrace, rolling downs and some steeper hill. Twelve year old, four-bed home with commanding views over the Hurunui River and three-bed cottage. Excellent stock handling facilities with large steel cattle yards, three-stand RB woolshed and covered yards. High standard of fencing and laneways. Numerous shelter belts on the flats. Running Romney ewe flock, replacements, finishing lambs and cattle and grazing dairy cattle. Versatile farm in good heart that can produce high quality finished stock and grow crops for dairy grazing.

Plus GST (if any)

Steve Coleman B 03 343 3999 | M 027 231 4717 | H 03 319 8181

34 27 New Zealand’s Zealand's leading leadingrural ruralreal realestate estatecompany company

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www.pggwre.co.nz/CHE27739

Downs Road, Hororata

Cropping, Sheep and Beef Potential

$2.3M

• 134.9679 hectares of mainly flat to rolling hill country in two titles • The Claremont soils give options for cropping, sheep and beef grazing or deer • Fenced into 26 paddocks with a central lane system • Water off the Hororata Acheron scheme supplies the troughs for stock water • A set of sheep yards and two haysheds are on the property • Approximately six hectares of new pine trees will be planted by October 2018

Plus GST (if any)

Min Cookson

Sam Davidson

B 03 341 4301 | M 027 249 5417

B 03 341 4301 | M 027 488 8269

www.pggwre.co.nz/DAR27265

Helping country Helpinggrow growthe the country 3528

Motunau, North Canterbury

Coastal Climate not to be Missed!

Price by Negotiation

What An Opportunity! The trustees are extremely motivated to move forward this wellknown property. ‘Coringa’ enjoys all the positivity from its coastal climate, healthy limestone country and Omarama and Glenrock soil types. A good balance of east facing easy downs and easy steep hill country. Approximately 18 paddocks with good water from the County Scheme, dams, creeks, springs and river. Three-stand woolshed, sheep and cattle yards, plus multiple other sheds. The homestead is a comfortable three bedroom home and set in an established and very sheltered position.

Plus GST (if any)

Bruce Hoban

Mark Clyne

B 03 313 0618 | M 027 588 8889

B 03 341 4301 | M 027 531 2964

36 New Zealand’s leading rural real estate company

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www.pggwre.co.nz/RAN27928

Helping grow the country 29

West Melton, Canterbury

Large Cattle Grazing Property

Price by Negotiation

• Approximately 487 hectares of ECAN lease for sale • Three-stand wool shed and impressive set of cattle yards with cattle crush • Well-fenced into 36 paddocks with a good lane system for easy management • A comprehensive regrassing programme has been undertaken for the last 14 years • Ideal for breeding or finishing cattle or as a dairy support block

Plus GST (if any)

www.pggwre.co.nz/CHR27937

Sam Davidson B 03 341 4301 | M 027 488 8269

30 New Zealand's leading rural real estate company

Helping grow the country 37

Waihaorunga, South Canterbury

Affordable Large Scale with Development Potential 492ha freehold situated between Timaru and Oamaru Four bedroom managers home and a lovely three bedroom cottage Deep silt loam soil types with gentle rolling contour, subdivided into 37 paddocks Further development potential with an irrigation consent not currently utilised for 225 litres/sec and a consent to convert to dairy (max 1800 cows) Woolshed, sheep yards, new cattle yards and holding pens, 500T silage pit Historically winters up to 2000 cows and carries young stock year round

Tim Gallagher

Robin Ford

M 027 801 2888

B 03 307 8725 | M 027 433 6883

38 New Zealand’s leading rural real estate company

$8.6m Plus GST (if any)

www.pggwre.co.nz/ASH26896

Helping grow the country 31

Waimate, South Canterbury

Outstanding Productive Farmlet with Income Options Our vendors have substantially enhanced and developed this 24ha farmlet Featuring open-plan living, three double bedrooms, three bathrooms, delightful remodelled kitchen Warm northerly aspect with great growing conditions A cash income has been produced via a 'cut and carry' business averaging 258,000kgDM per year over the past three years Mature shelter belts provide great stock protection

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 2.00pm, Wednesday 27 June

www.pggwre.co.nz/TIM28297

Calvin Leen B 03 687 7346 | M 027 453 0950

32 New Zealand's leading rural real estate company

Helping grow the country 39

Hakataramea, South Canterbury

Cattle Creek - 912ha Exceptional property, deer fenced to a very high standard 252ha economically irrigated via gravity K-line Extensively developed in recent years Quality infrastructure featuring large new deer complex, arguably the best in the South Island 281sqm Oamaru stone homestead plus restored four bedroom villa

Price by Negotiation Plus GST (if any)

www.pggwre.co.nz/TIM26010

Hunter Doig B 03 687 7330 | M 027 220 1004

40 New Zealand’s leading rural real estate company

Helping grow the country 33

Chertsey, Mid Canterbury

Iconic Landmark Property - Snake Gully Farm 202ha - the best of Chertsey silt loams Held by the Copland family for many years Irrigated by Acton Scheme and two wells Excellent homestead, cottage, support buildings and silos Top yields of cereals, grass seed, legumes and clover. Regularly grows specialist and export crops Top farm, well fenced, sheltered and laned specimen trees

Price by Negotiation Plus GST (if any)

www.pggwre.co.nz/TIM27923

Hunter Doig B 03 687 7330 | M 027 220 1004

34 New Zealand's leading rural real estate company

Helping grow the country 41

Papakaio, North Otago

Eildon Park Dairy Farm 202.4080ha flat extensively sheltered fertile dairy farm 600 cows, 240,000 kgMS, Fonterra shared supply 36 HB dairy - Alfa plant, compliant spray effluent disposal Border-dyke and spray irrigation, Lower Waitaki Irrigation Company water Sharemilker engaged, winter grazing in place 2018/19 season Settlement/possession immediate, benefit of new season payout projection of $7.00/kgMS

Deadline Private Treaty Plus GST (if any) (Unless Sold Prior) Closes 4.00pm, Monday 2 July

www.pggwre.co.nz/OAM27466

Dave Finlay B 03 433 1340 | M 027 433 5210 | H 03 434 8390

42 New Zealand’s leading rural real estate company

Helping grow the country 35

Poolburn, Central Otago

Extensive Irrigation Development

$14.5M

This property has been almost completely re-developed over the past two years with the introduction of 361ha of pivot irrigation (with potential to irrigate a further 134ha) fencing, lanes, re-grassing and capital fertiliser. The dryland hill has also been brought under cultivation and is producing valuable winter feed. The dwellings and farm buildings have been renovated to a high standard and new cattleyards built. The low cost of water and application costs and the fact the water is 'on demand' make this property a very attractive finishing block or potential dairy conversion.

Plus GST (if any)

Mike Direen

Shaun O'Docherty

B 03 440 2382 | M 027 434 0087

B 03 440 2387 | M 021 708 165

36 New Zealand's leading rural real estate company

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www.pggwre.co.nz/ALE28257

Helping grow the country 43

Lauder, Central Otago

Beef Finishing/Dairy Support Conversion 362.9055 hectares freehold with excellent possibility of development opportunities Modern four bed, two bath home plus two self contained cabins for accommodation Older three-stand woolshed, two hay barns and cattle yards Stock and domestic water from creek supply plus good irrigation quota Producing excellent crops with pivot irrigation, ideal wintering block Progressively set up as dairy support and beef finishing over past three years

Mike Direen

Shaun O'Docherty

B 03 440 2382 | M 027 434 0087

B 03 440 2387 | M 021 708 165

44 New Zealand’s leading rural real estate company

$7M Plus GST (if any) 4

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www.pggwre.co.nz/ALE28276

Helping grow the country 37

Huntleigh Station Huntleigh

Strath Taieri, Otago | 6403.8684ha

Lindores

Three O’Clock

pggwre.co.nz/DUN28095 Huntleigh | 1911.788ha

Lindores | 2311.93ha

Three O’Clock | 2180.15ha

Huntleigh | yards

Lindores | pastures

Three O’Clock | stock water supply

Calling for Expressions of Interest PGG Wrightson Real Estate Limited are privileged to offer for sale on account of New Zealand Pastures Limited Huntleigh Station which is a large sheep and beef operation situated in the Strath Taieri being approximately one hour from the city of Dunedin.

The property is an amalgamation of three farms that in the past ten years have undergone an extensive re-development programme. The option is available to purchase the total property of 6403.8684 hectares or three separate farms.

This is farming on a large scale with plenty of scope, being very well balanced with improvements in pasture cultivation, topdressing and re-fencing, including water reticulation over the majority of the property with a large holding dam on the Three O’Clock allowing for huge productivity increases in recent years.

For Sale By Deadline Private Treaty Closing 12pm, Wednesday, 30 May 2018

Paul Thomson Ph 03 470 0332 | M 027 435 3936

The contour ranges from gentle rolling country to steeper gully areas around streams to the rear of the Three o’clock. The many cultivated areas are predominantly sown in Lucerne, Ryecorn, Plantain Perun and Red Clover type pastures. The lane system which utilises approximately 150 paddocks accounts for easier control of stock movement and the overall management of the station.

Graeme Bezett Ph 03 470 0304 | M 027 433 9119

Intending purchasers interested in low cost farming with further development potential should inspect this outstanding opportunity.

Roger Nicolson Ph 03 471 7631 | M 027 886 0618

38 New Zealand's leading rural real estate company

Alan Turner Ph 03 470 0317 | M 027 454 4222

Helping grow the country 45

Te Anau, Southland

Views with Potential

Price by Negotiation

84.31ha mixed contour bare land with subdivision potential Panoramic mountain and lake views, partially borders the Upukerora River Extensive new fencing and water upgrade 2017, externally deer fenced with some internally On district water scheme Deer shed and yards Currently used as a mixed grazing block

Peter Lewis

Nick Robertson

B 03 249 8615 | M 027 202 2405

B 03 249 8613 | M 027 431 6533

46 New Zealand’s leading rural real estate company

Plus GST (if any)

www.pggwre.co.nz/TAN28124

Helping grow the country 39

Waimumu, Southland

Simply Stunning

Price by Negotiation

Total land area is 63.4431ha in three titles, can be sold as one or opportunities to suit Award winning 335m² five bedroom homestead with office and loft/rumpus room Designer kitchen with walk-in pantry is situated between the two living areas Enjoy relaxing in the north facing living area, spectacular views of the Hokonui Hills Centrepiece gas fire, convection heater and diesel boiler with underfloor heating Large lockable workshop with two vehicle doors, toilet and concrete floor, all set on flat to rolling pasture with a natural creek flowing through property

Darrell Duncan

Bill McDonald

B 03 209 0302 | M 027 432 5767

B 03 209 0303 | M 027 434 1928

40 New Zealand's leading rural real estate company

Plus GST (if any) 5

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www.pggwre.co.nz/GOR27619

Helping grow the country 47

Glenham, Southland

High Performing Former Stud Unit 164.2338ha in three titles Modernised three bedroom brick and roughcast home Substantial four stand RB woolshed and large covered yards Well presented sheep unit with options for young stock and silage Lambing in excess of 155% on healthy rolling country Located only 8km from Wyndham, boundarying the well reknown Wyndham River

$3M Plus GST (if any) 3

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www.pggwre.co.nz/INV26529

Andrew Patterson B 03 211 3144 | M 027 434 7636 | H 03 230 4426

48 New Zealand’s leading rural real estate company

Helping grow the country 41

Kauana, Southland

Deer Farming Opportunity 319.6320ha located 20km from Winton Deer fenced unit situated on the foothills of the Kauana District Good woolshed, covered yards and deer shed Generally rolling contour with some steeper areas Approximately 60ha in native bush with the balance in permanent pasture aside from a paddock of winter crop

$3.75M Plus GST (if any)

www.pggwre.co.nz/INV28174

Andrew Patterson B 03 211 3144 | M 027 434 7636 | H 03 230 4426

42 New Zealand's leading rural real estate company

Helping grow the country 49

When you aspire to be a leader, it helps to be part of a leading team.

Like everything in life, when you aspire to a successful career, it sure helps to be surrounded by successful people. That’s certainly one of the benefits of choosing a career with PGG Wrightson Real Estate: We’re New Zealand’s leading rural real estate company.

You’ll also have the support of being part of a single, national company with 49 PGG Wrightson Real Estate offices located from Kerikeri to Invercargill – not a group of franchised offices.

We’re a national team of locals, connecting people with property.

Whether it’s a large-scale farm, stunning lifestyle property or a residential property in a provincial town, there is plenty of opportunity for you to build a successful new career or build on your already proven success.

WE’RE RECRUITING NOW! For more information and to talk to us about your aspirations, contact us today.

Camron Meade, National Sales Manager M 027 420 1881 E camron.meade@pggwrightson.co.nz

www.pggwre.co.nz

Licensed REAA 2008

50 New Zealand’s leading rural real estate company

Helping grow the country

Our Offices For specialist knowledge on buying and selling real estate throughout New Zealand, contact your local PGG Wrightson Real Estate branch.

North Island Kerikeri Whangarei Dargaville Pukekohe Wellsford Hamilton Matamata Te Kuiti Thames Morrinsville Cambridge Te Awamutu Putaruru Tauranga Rotorua Waihi Katikati Te Puke Whakatane Taupo Hastings Waipukurau Wairoa Feilding Whanganui Levin Taihape Marton Hawera Dannevirke Masterton

South Island 09 407 4832 09 470 2522 09 439 3342 09 237 2014 09 470 2522 07 858 5338 07 888 4572 07 878 0265 07 867 9582 07 889 0171 07 823 0647 07 870 6219 07 882 1485 07 571 5795 07 349 5486 07 863 6589 07 571 5795 07 571 5795 07 349 5486 07 377 8928 06 878 3156 06 858 6073 06 838 8059 06 323 0076 06 349 2000 06 367 0820 06 323 0076 06 323 0076 06 349 2000 06 374 4630 06 370 1866

Nelson Blenheim Greymouth Rangiora Christchurch Ashburton Timaru Geraldine Fairlie Oamaru Cromwell Alexandra Dunedin Mosgiel Balclutha Te Anau Gore Invercargill

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

Northland Bay of Plenty/South Waikato/Central Plateau Waikato

Hawke’s Bay/ Manawatu/Wairarapa

Nelson/Marlborough Canterbury/West Coast

Mid/South Canterbury

North Otago

PGG Wrightson Real Estate office locations (Store placement and regional lines are an indication only - map details are not to scale.)

Otago/Central Otago

Southland

PGG Wrightson Real Estate sub-office

Helping grow the country 51

IMAGE: Location Plus Lifestyle with Dwelling 97 Maungatautari Road, Cambridge To be auctioned live at Fieldays, see pages 8-9 for details For outstanding results and unparalleled expert knowledge, talk to New Zealand’s leading rural and lifestyle property specialists today.

PGG Wrightson Real Estate – your national team of expert locals, connecting people with property.

PGG Wrightson Real Estate Limited, licensed under the REAA 2008

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