Rural Outlook Autumn 2016

Property Brokers Limited MREINZ Licensed under the Real Estate Agents Act 2008

Autumn 2016

RURAL OUTLOOK

Property image 60 Bullians Road, Taumarunui (page18)

propertybrokers.co.nz Property Brokers Licensed REAA 2008

Like trusting your dogs when moving stock, you can trust Property Brokers when selling your land‌ ...we have been doing it for 30 years!

FOR ALL YOUR REAL ESTATE NEEDS CALL US FIRST!

0800 FOR LAND Proud sponsors of the NZSDTA North Island Centre Championships

Contents

Click button to view page

Welcome.............................................................. 3

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

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

Tararua............................................................... 34 Wairarapa........................................................... 36

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

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

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

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

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

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

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

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

Return to menu 2

Rural Outlook Autumn 2016

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

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

Charlie Graham

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

Rural Manager, Property Brokers Limited

Environmental factors, such as nutrient allocation limits, are top of mind, as is the reliability of irrigation in certain districts.

When looking at sheep and cattle or dairy support country, the balance of contour and how much of the property can be cultivated or worked with a wheeled tractor has significant bearing upon value.

suggestions that a dairy recovery was likely to occur in the near future.

However, there is another side to the story where some properties struggled to meet expectations or failed to sell.

Our observation of last year’s dairy market is that, while it pretty much held its position on previous years, with sales evidence showing good prices despite the very public commentary on the outlook for dairying, a correction did start to occur in the market.

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

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

It would be wrong to suggest market prices achieved last year would still be achievable in the coming season.

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

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

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

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

Monthly Farm Sales (Statistics source REINZ) 250 200 150 100 50

Property Brokers

Feb-16

Jan-16

Dec-15

Nov-15

Oct-15

Sep-15

Aug-15

Jul-15

Jun-15

May-15

Apr-15

Mar-15

Feb-15

Jan-15

Dec-14

Nov-14

Oct-14

Sep-14

Aug-14

Jul-14

Jun-14

May-

Apr-14

Mar-14

0

3

Sales Success

Baker Road, Waikaretu, Waikato

State Highway 26, Eureka, Waikato

Miranda Road, Miranda, Waikato

SOLD Area 594.5830 ha Sold For $7,100,000 Sale Date November 2015

SOLD Area 162.45 ha Sold For $8,300,000 Sale Date November 2015

SOLD Area 211.76 ha Sold For $2,750,000 Sale Date December 2015

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

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

Outstanding range of farm buildings and dwellings.

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

Waharoa Road, Matamata, Waikato

Wardville Road, Waharoa, Waikato

Bowler Road, Te Aroha, Waikato

SOLD Area 5.8730 ha Sold For $7,350,000 Sale Date December 2015

SOLD Area 47.8718 ha Sold For $4,330,000 Sale Date December 2015

SOLD Area 59.5217 ha Sold For $3,200,000 Sale Date December 2015

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

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

Located only minutes from the Te Aroha town boundary, this flat and fertile farm has a tidy three bedroom home.

The 24 paddocks are serviced by good, hard surface lanes.

Bore water, good fencing, concrete feed pad and two barns complete this property.

Whakahoro Road, Springdale, Matamata

Ongarue Back Road, Taumarunui

205 Denlair Road, Fordell, Wanganui

SOLD Area 61.7085 ha Sold For $3,332,000 Sale Date December 2015

SOLD Area 427.9335 ha Sold For $2,300,000 Sale Date December 2015

SOLD Area 38 ha Sold For $523,500 Sale Date December 2015

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

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

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

Return to menu 4

Rural Outlook Autumn 2016

431 Williamsons Line, Marton, Rangitikei

Rotowai Road, Omakere, Central Hawke’s Bay

Mangleton Road, Mangleton, Kereru, Hawkes Bay

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

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

SOLD Area 508.8544 ha Sold For $4,400,000 Sale Date December 2015

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

Tainui - a well-established easy medium hill country farm.

Farm of the decade in the 1980’s.

Excellent standard of improvements.

Numerous plantings of Willows and Poplars.

An appealing farm 35 minutes west of Hastings. 4500su. three bedroom home, woolshed, yards, five hay barns.

Good fertiliser history. Annual rainfall over 1400mm

Waihau Road, Patoka, Hawkes 142 Pagets Road, Takapau, Bay Central Hawkes Bay

327 Okarae Road, Dannevirke, Sth Hawke’s Bay

SOLD Area 474.94 ha Sold For $5,500,000 Sale Date December 2015

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

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

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

Terrybank – 183 ha dairy unit plus 34 ha run off.

23km west of Waipukurau on the Takapau Plains.

All flat contour 198,000 kg/MS. Excellent Farm.

Alloa Trust – 17km west of Dannevirke.

100 hectares very good flats and river terraces – the balance undulating to easy hills.

Manawatu River forms northern boundary.

370 Oroua Road, Kairanga, Manawatu

Aorangi Road, Feilding, Manawatu

147 Aorangi Road, Feilding, Manawatu

SOLD Area 46.1898 ha Sold For $2,100,000 Sale Date October 2015

SOLD Area 50.9778 ha Sold For $2,016,000 Sale Date December 2015

SOLD Area 204.5683 ha Sold For $9,100,000 Sale Date November 2015

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

An excellently developed dairy support block capable of wintering cattle as well as growing exceptional feed crops.

Centrally raced, excellent water and fencing this property was as good a run-off as there is, located 10 minutes from Feilding.

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

Property Brokers

5

1413 Rangitikei Line, Awahuri, 653 South Road No.2 Manawatu Eketahuna, Tararua

143 Woodville Aohanga Road, Makuri, Tararua

SOLD Area 20.213 ha Sold For $1,010,000 Sale Date December 2015

SOLD Area 100 ha Sold For $2,400,000 Sale Date October 2015

SOLD Area 734 ha Sold For $3,650,000 Sale Date November 2015

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

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

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

144 Old Main Road, Dannevirke, Tararua

1474 Te Uri Road, Dannevirke, Tararua

302 Kaitawa Road, Pahiatua, Tararua

SOLD Area 258 ha Sold For $3,820,000 Sale Date November 2015

SOLD Area 72.3156 ha Sold For $741,000 Sale Date December 2015

SOLD Area 346 ha Sold For $1,910,550 Sale Date Jan 2016

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

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

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

63 Kohinui Road, Pahiatua, Tararua

133 Whitemans Valley Road, Upper Hutt

937 Clifton Grove Road, Gladstone, Masterton

SOLD Area 57 ha Sold For $1,870,000 Sale Date March 2016

SOLD Area 163.7111 ha Sold For $4,000,000 Sale Date December 2015

SOLD Area 752.8481 ha Sold For $4,075,000 Sale Date December 2015

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

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

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

Return to menu 6

Rural Outlook Autumn 2016

214 McConnells Road, Hinds, Ashburton, Canterbury

1595 Chertsey Kyle Road, Ashburton, Canterbury

567 Forks Road, Ashburton, Canterbury

SOLD Area 125.2488 ha Sold For $5,698,820 Sale Date December 2015

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

SOLD Area 282.3855 ha Sold For $12,950,000 Sale Date December 2015

Smaller dairy farm with excellent irrigation in Central Mid Canterbury

Good scale property in the favoured Pendarves location.

This farm has a proven track record and had been faithfully farmed over a long number of years.

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

217 Donehue Road, Clandeboye, Timaru,

1324 Methven Chertsey Road, Ashburton, Canterbury

Stewarts Road, Brookside, Selwyn, Canterbury

SOLD Area 327.7243 ha Sold For $16,500,000 Sale Date December 2015

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

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

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

Quality pivot irrigated arable property.

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

43 Murray Road, Pukeuri, Waitaki, Otago

207 Mt Nessing Road, Albury, Fairlie

207 Mt Nessing Road, Albury, Fairlie

SOLD Area 301.3778 ha Sold For $3,250,000 Sale Date July 2015

SOLD Area 289.3052 ha Sold For $5,000,000 Sale Date November 2015

SOLD Area 218.2646 ha Sold For $3,800,000 Sale Date Decmebr 2015

Located approximately 10 minutes north of Oamaru .

Excellent farming district with the potential to increase the stocking rate.

Located approximately 40 minutes west of Timaru.

Excellent farming district with this property used as a finishing farm.

Located approximately 40 minutes west of Timaru.

Excellent farming district with this property used as a finishing farm.

Property Brokers

7

THE #1 ADDRESS FOR RURAL REAL ESTATE Stay up to date with the real estate market with farmersweekly.co.nz/realestate

Š2110RE

Waikato

King Country

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

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

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

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

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

Waikato

TE AROHA

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

152 Whitaker Street Te Aroha tearoha@propertybrokers.co.nz 07 884 9547

Wow... view the world

TE AROHA 116 Hill Road Nestled against the Kaimai Ranges, located close to Te Aroha, this centrally located 27 ha block offers many opportunities.

WEB ID TAR01135 horse agistment or anyone wanting to head out of the city looking for a life change.

There is also an opportunity to A hardiplank, three bedroom home plus subdivide the property as it presents stockyards, loading ramp and a lockable with 4 separate titles which have superb 3 bay barn complete this property. This building sites. rolling land would suit many uses such as a support unit, lifestyle, grazing,

AUCTION

VIEW By Appointment AUCTION 1.00pm, Tue 19th Apr, 2016, (unless sold prior), Property Brokers, cnr Tui and Awara Streets, Matamata

Allister Coombe

Mobile 027 507 7622 allister@propertybrokers.co.nz

3

Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

1

Ideal dairy support

PAEROA 50 Ryall Road Located a short distance from Paeroa is this 29 hectare (more or less) run off block, in two titles.

WEB ID TAR00894

$1,500,000 + GST (IF ANY)

VIEW By Appointment

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

Allister Coombe

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

Michael Swney

Mobile 027 507 7622 allister@propertybrokers.co.nz Mobile 027 624 8214 michaels@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 10

Rural Outlook Autumn 2016

Waikato

TE AROHA 152 Whitaker Street Te Aroha tearoha@propertybrokers.co.nz 07 884 9547

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

337 ha dry stock unit

Large scale dairy unit

WEB ID TAR00883 $1,900,000 + GST MORRINSVILLE 852 Mangawhara Road VIEW By Appointment This well set out 337 hectare (more or less) dry stock unit is situated at Hoe-o-Tainui up a no exit road approximately 30 minutes from Morrinsville.

49 hectares of the property has been Allister Coombe planted in pine trees (1994) with the Mobile 027 507 7622 rest of the property consisting of clean allister@propertybrokers.co.nz medium to steep contour.

Michael Swney This property is subdivided into 25 Mobile 027 624 8214 paddocks. michaels@propertybrokers.co.nz

(IF ANY) HUNTLY

5 1 1

WEB ID TAR00842

BY NEGOTIATION

VIEW By Appointment What an investment opportunity awaits! Combining large scale, location and infrastructure. This going concern includes approx. 400,000 Fonterra shares, 1,000 mixed age, top producing dairy cows plus all farm machinery.

Situated at Naike, 28km west of Huntly, Allister Coombe Mobile 027 507 7622 this undulating 538 ha farm has first allister@propertybrokers.co.nz class infrastructure including a 50 bale Michael Swney rotary cowshed, wintering barn, four Mobile 027 624 8214 houses and more. michaels@propertybrokers.co.nz

Dairy farm including industrial land opportunity

RUKUHIA 188 Narrows Road If you are looking to invest for the future then look no further, this outstanding Hamilton property has all bases covered. This is a 98.3 ha (approx STS) dairy farm of which 40 ha is zoned industrial and the remaining 60 ha is zoned for future industrial. It's a rare find anywhere in New Zealand.

Currently used as a dairy farm, it boasts superb infrastructure ie 50 bale rotary

WEB ID TAR00904 cowshed, substantial five bedroom VIEW By Appointment main home, a comfortable second house, new effluent system and ample shedding. An added bonus is a further 60 ha may be leased alongside the property to add to the milking platform.

To find out more about this outstanding property, contact Michael or Allister.

BY NEGOTIATION

Allister Coombe

Mobile 027 507 7622 allister@propertybrokers.co.nz

Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

11

Waikato

WAIKATO

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Cnr Tui & Arawa Streets Matamata matamata@propertybrokers.co.nz 07 888 6468

Quiet gem of Te Akau

TE AKAU 32 Clemett Road Sitting on the west coast just north of Raglan is 309 ha (more or less) of top quality grazing or finishing country, with equal amounts of flat, rolling and hills. This farm grows the grass. 3 stand woolshed with covered yards, two sets of stock yards, gravity fed water from three tanks to troughs in every paddock, two good sheds as well as two stables with a tack room. Excellent

WEB ID MAR47936 fertiliser history. The house is a well cared for four bedroom Lockwood home with well-maintained lawns and garden.

Raglan, Huntly and Ngaruawahia are 30-40km and Hamilton (Dinsdale) is 48km. Primary schooling is close by with choices of secondary schooling.

Also second to none is the great local community

$3,500,000 + GST (IF ANY)

VIEW By Appointment

4 John Donderwinkel

Mobile 027 435 7259 johnd@propertybrokers.co.nz

1

Top of the world (almost)

KARAPIRO 111 Baker Road This 118.7 ha (more or less) dairy support or grazing unit is 11km from Cambridge. Good pastures and water supply and divided into approx 80 paddocks, some of which are deer fenced. This property has plenty of hay country and a good array of farm buildings and sheds. The airstrip at the back of the property is accessible by truck.

WEB ID MAR47101 There are magnificent views from the top paddocks. There is a large three bedroom home with a grass tennis court.

This would be a great dairy support block or a stand alone property for any new owner, so contact me today for an appointment to view.

$3,500,000 + GST (IF ANY)

VIEW By Appointment

3 John Donderwinkel

Mobile 027 435 7259 johnd@propertybrokers.co.nz

1

www.propertybrokers.co.nz Return to menu 12

Rural Outlook Autumn 2016

Waikato

WAIKATO

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Cnr Tui & Arawa Streets Matamata matamata@propertybrokers.co.nz 07 888 6468

Close to the big smoke

PUKEKAWA 279c Mercer Ferry Road A great start up dairy farm in the heart of vegetable production country and close to Auckland City is for definite sale. Consisting of 98 ha (more or less) of flat to easy contour with some steeper sidlings and small pockets of bush and plantings. Previously, the owner ran a 300+ dairy herd. Presently the farm is leased with 200 cows and support stock on the block.

WEB ID MAR47182 Infrastructure consists of a 20 ASHB VIEW By Appointment dairy shed with in line feed system, large 5 bay calf rearing shed, two implement / storage sheds, pump shed and two haybarns all of a high standard. There are two homes, an 8yr old dwelling with separate garage and a three bedroom, 12yr old dwelling with sleepout completes the picture. Great location with income and landbanking.

$3,400,000 + GST (IF ANY)

Trevor Kenny

Mobile 021 791 643 Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

Top shelf cropping or livestock

MATAMATA Taihoa North Road Comprising 18 ha (44 acres) more or less in two titles, with full support of farm buildings in one of the more desirable locations in the Waikato.

Currently running as calf rearing, beef fattening and sweet corn cropping with water via a bore to troughs and sheds with central lane through middle of block.

WEB ID MAR46783 The two titles could be sold separately as elite lifestyle units. Specialist livestock, ie. a host of income options here with paramount building sites.

BY NEGOTIATION

VIEW By Appointment

A magical slice of Waikato pastoral.

Trevor Kenny

Mobile 021 791 643 Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

13

Waikato

WAIKATO

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Cnr Tui & Arawa Streets Matamata matamata@propertybrokers.co.nz 07 888 6468

The epitome of NZ dairy

PUTARURU Old Taupo Road * Trophy Farm

WEB ID MAR44532

* 409 hectares (more or less)

* 64 bale rotary, state of the art facility with an outstanding range of support building

* 1200 cows produce around 550,000 milk solids

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

$24,500,000 + GST (IF ANY)

VIEW By Appointment

* Infrastructure in place to take production to 700,000 milk solids

Ian Morgan

Mobile 027 492 5878 Office 07 888 6468 ianm@propertybrokers.co.nz

Large irrigated farm opportunity - South Auckland

TE KAUWHATA Hall Road • Location • 396 hectares (STS) • Two titles, 211 hectares and 185 hectares (STS) • Irrigation provides reliability and options to explore other farming practises. Water applied via centre pivot and lateral systems • Investigate the cropping or intensive drystock farming possibility

WEB ID MAR43390 • Currently milking 935 cows • Four homes and single man's quarters • Full range of support buildings • Motivation high, price expectation around $30,000 per hectare Contact Ian Morgan for a full information pack.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Friday 15th April, 2016 at 2.00pm, (unless sold prior)

Ian Morgan

Mobile 027 492 5878 Office 07 888 6468 ianm@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 14

Rural Outlook Autumn 2016

Waikato

WAIKATO

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Cnr Tui & Arawa Streets Matamata matamata@propertybrokers.co.nz 07 888 6468

Bank the options

CAMBRIDGE Redoubt Road From the stone entrance and the native grove established on the private lane servicing the main home you are well aware that the offering is something special. 17.18 hectares of beautiful flat to gentle rolling free draining soils fenced into 30 mainly post and railed paddocks. The property is developed to a high standard including a solid four bedroom brick homestead. The home

WEB ID MAR42707 with its generously sized rooms include VIEW By Appointment formal dining and formal lounge areas, three bathrooms, office, open plan kitchen and family room, separate laundry and a double garage. The home is set on a nicely elevated site in established gardens with mature trees enjoying a commanding view of the property. The second dwelling is a modern two bedroom cottage.

Highview Stud

WEB ID MAR36080 NEGOTIATION NGAHINAPOURI 1544-1 Kakaramea Road VIEW By Appointment Iconic New Zealand Horse Stud which comprises approximately 120 hectares of lazy gentle rolling contour situated at 1544 Kakaramea Road around six kilometres from the Hamilton city boundary.

Highview is a show piece property from its spectacular gated feature entrance, Ian Morgan bitumen drive with feature hedge Mobile 027 492 5878 plantings and magnificent mature Office 07 888 6468 specimen trees. ianm@propertybrokers.co.nz

BY NEGOTIATION

Ian Morgan

Mobile 027 492 5878 Office 07 888 6468 ianm@propertybrokers.co.nz

Strong healthy support block

PARAWERA

WEB ID MAR35519

$3,100,000 + GST (IF ANY)

VIEW By Appointment Seldom, do properties such as this, come to the market in such a strong dairy farming location.

The contour of this 130+ha block rangers from 35 ha of ex dairy platform, with balance of easier rolling to medium, with a smaller amount of steeper sidling.

Trevor Kenny There is excellent fertiliser history, and Mobile 021 791 643 pastures are in very good heart.

Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

15

Waikato

WAIKATO

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Cnr Tui & Arawa Streets Matamata matamata@propertybrokers.co.nz 07 888 6468

Rare lifestyle opportunity

WEB ID MAR32457

BY NEGOTIATION MATAMATA State Highway 27 VIEW By Appointment New to the market, this special pocket of Waikato Real Estate consisting of 6.05 hectares (15 acres) more or less, is for definite sale.

The block is in an excellent location, within minutes of local primary school and a short drive to the Matamata township.

Trevor Kenny A small meandering stream is located Mobile 021 791 643 on one boundary and with the fertile Office 07 888 6468 and high producing soils. trevor.kenny@propertybrokers.co.nz

Subdivision potential or farm

WEB ID MAR31542

BY NEGOTIATION MIRANDA 881 Findlay Road VIEW By Appointment The timing is ripe to develop this magnificent parcel of North Waikato Real Estate, close to the water's edge and easy reach to Auckland City.

Or farm and land bank this property of 106 ha (261 acres approx.) of 6 titles with recreational pursuits on your door step.

Trevor Kenny Presently a fattening farm with high Mobile 021 791 643 production levels, flat to easy contour, Office 07 888 6468 excellent water and magnificent views. trevor.kenny@propertybrokers.co.nz

Farm it, subdivide it, land bank it

MORRINSVILLE 172 Harbottle Road This well presented property has everything; •Excellent location in golden triangle: Cambridge, Morrinsville, Hamilton •3 titles, ideal for subdivision, totalling 48.3 ha (120 acres approx.)

•Flat to rolling contour on fertile ash soils that really grow grass •Currently run as a dairy unit producing 55,000 kg/ms approx. with minimal

WEB ID MAR45348 brought in supplements. All compliant and supplying Fonterra.

•Possibly a support, crop, fattening proposition with sales yards close by •Water source from two bores, very good supply •Above average infrastructure, lanes, fences and buildings •Four bedroom homestead with large grounds with panoramic views

BY NEGOTIATION

VIEW By Appointment

4 Trevor Kenny

1

Mobile 021 791 643 Office 07 888 6468 trevor.kenny@propertybrokers.co.nz

2

www.propertybrokers.co.nz Return to menu 16

Rural Outlook Autumn 2016

King Country

TE KUITI 131 Rora Street TE KUITI tekuiti@propertybrokers.co.nz 07 878 8266

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

191 Productive hectares

ARIA 102 Patoto Road This 191.4 ha property is 45 min from Te Kuiti in the productive Mokauiti Valley.

WEB ID TER47695 Spring or pumped water to all paddocks. Contour best described as 1/3 river flats, 1/3 medium hill and 1/3 steeper.

An array of buildings on the property include a 480sqm five bedroom + office Currently running 2,200 su with a home, a 4 stand woolshed with covered 73/30 cattle to sheep ratio. yards and numerous other buildings.

Hugh Williams

Mobile 021 878782 Office 07 8788266 Home 07 878 7822 hugh@propertybrokers.co.nz

30 paddocks with conventional fencing.

Main road location

Two dwellings 20% Flat, 40% Easy, 40% Medium Excellent dairy runoff

Superior location

5+ 2

Young farmers - small steps

WEB ID TER37269 $1,690,000 + GST TE KUITI 370 State Highway 3 VIEW By Appointment 102 ha (253 acres)

Has harvested 100 round bales of hay

BY NEGOTIATION

VIEW By Appointment

Hugh Williams

Mobile 021 878782 Office 07 8788266 Home 07 878 7822 hugh@propertybrokers.co.nz

(IF ANY) MATIERE

WEB ID TER31669

$1,300,000 + GST (IF ANY)

1865 Ohura Road VIEW By Appointment Opportunity to enter ownership.

Running 1050 ewes & 60 cattle (1300 s.u.) Good housing. 253 ha, 65% effective. Natural water, well tracked, conventional fencing. Presently managed as a runoff alongside other properties. Here's a chance to get started. Beef and sheep have never Hugh Williams been stronger! Give yourself a couple of Mobile 021 878782 Office 07 8788266 years, run it with your day job, build Home 07 878 7822 your equity then seek to expand. hugh@propertybrokers.co.nz

3 1 2

www.propertybrokers.co.nz Property Brokers

17

King Country Property Brokers Limited Licensed under the Real Estate Agents Act 2008

TAUMARUNUI 27 Hakiaha Street Taumarunui taumarunui@propertybrokers.co.nz 07 895 7123

Oio Farms

TAUMARUNUI 60 Bullians Road Property Brokers proudly present this trophy farm to the market. Oio is located in the southern King Country at the foothills of Mt Ruapehu and near to the world heritage site of the Tongariro National Park. Oio Farms is a premium breeding and finishing property, the majority of country is easy rolling contour and lends itself to alternative uses if desired such as dairy conversion or support with some steeper hills. Farm improvements include a 6 stand woolshed, three sets of cattle and

WEB ID TUR48715 sheep yards, underpasses for both the road and railway, ample natural water and an access road right through the centre of the farm to the airstrip and 160 tonne covered fertiliser bin, and further on to the farms quarry. There are three houses, with the main dwelling a 300m2, four bedroom brick home. Oio Farms also has 14km of Tongariro Forest and Whakapapa river boundary. The Whakapapa boasts some of the best trout fishing waters in New Zealand.

TENDER

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

Katie Walker

Mobile 027 757 7477 Office 07 895 7123 Home 07 895 7112 katiew@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 18

Rural Outlook Autumn 2016

King Country Property Brokers Limited Licensed under the Real Estate Agents Act 2008

TAUMARUNUI 27 Hakiaha Street Taumarunui taumarunui@propertybrokers.co.nz 07 895 7123

Large lifestyle location, location

TAUMARUNUI 1022 Taringamotu Road Just past Ngakonui Valley Primary this are seldom on the market in this school on Taringamotu road is this location, call today to view. great opportunity to purchase 98 acres on 2 titles. The home is a converted woolshed, with decks all the way around, three spacious bedrooms master with ensuite and large open plan kitchen, dining and lounge. It has a good mix of flats and hills, with great views of Mt Ruapehu and Hikurangi from the top. Wild deer roam at the back of the farm topping off this wonderful rural lifestyle. Properties like

WEB ID TUR47573

BY NEGOTIATION

VIEW By Appointment

3 Katie Walker

Mobile 027 757 7477 Office 07 895 7123 Home 07 895 7112 katiew@propertybrokers.co.nz

2 2

www.propertybrokers.co.nz Property Brokers

19

King Country Property Brokers Limited Licensed under the Real Estate Agents Act 2008

TAUMARUNUI 27 Hakiaha Street Taumarunui taumarunui@propertybrokers.co.nz 07 895 7123

Location plus

TAUMARUNUI 375 State Highway 4 Only 2km from the main street of Taumarunui is this exciting 62 ha farm.

A comfortable three bedroom home at the front of the property with good flats behind flow onto rolling then steeper hills.

Fully deer fenced with a central race leading to deer handling facilities complete with hydraulic crush.

WEB ID TUR48667 Ample natural water is up high on the property for stock and town water supply to the house.

AUCTION

VIEW By Appointment

This is a great opportunity to purchase a fattening farm to complement existing operations or as a large lifestyle so close to town.

Katie Walker

Mobile 027 757 7477 Office 07 895 7123 Home 07 895 7112 katiew@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 20

Rural Outlook Autumn 2016

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

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

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

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

The start of 2016 has seen the region hit hard with a prolonged dry spell.

There have been a number of good quality medium sized dry stock properties come on to the market that should generate a lot of interest. To date there has been no evidence of dairy farms coming to the market, as it’s been good to see the banks in our region rallying around to support them.

The dry season will not be adding to their cause unfortunately.

Wanganui

WANGANUI

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

51 Taupo Quay WANGANUI Wanganui@propertybrokers.co.nz 06 345 7714

"Tiri Moana"

FORDELL 31 Denlair Road Located in the Wanganui district, "Tiri Moana" offers many desirable features.

The 172 ha farm comprises of three main soil types, the highly regarded Westmere silt loam is the predominant one. With a good balance of contour on offer, there are approximately 100 ha of excellent flats, with the balance mostly medium hill. Currently the property is used as part of my client's lamb trading, finishing operation, but would suit the whole range of farming styles. Feed crops are part of the

WEB ID WGR47924 process, with cash crops being part of the farm policy in past years. Farm improvements are of a high standard with all fencing being conventional.

Farm water is very good, sourced from the Fordell water scheme. The property features a comfortable 1880s four bedroom villa. Other buildings on the property include a good 3 stand woolshed (np 250), two haysheds and a covered fertiliser bin. View the video @ www.propertybrokers.co.nz/wgr47924

TENDER

VIEW By Appointment TENDER closes Tuesday 12th April, 2016 at 4.00pm, (unless sold prior), at Property Brokers Ltd, 51 Taupo Quay, Wanganui

Richard White

Mobile 027 442 6171 Office 06 281 3720 Home 06 342 3702 richardw@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 22

Rural Outlook Autumn 2016

Wanganui

WANGANUI

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

51 Taupo Quay WANGANUI Wanganui@propertybrokers.co.nz 06 345 7714

Grazing, beekeeping, hunting 109 ha

KAKATAHI 3186 State Highway 4 I think I've found the perfect block for you. 109 ha (subject to Resource Consent) of medium to steeper hills, with a complementing balance of flat country. A large supersized lifestyle block or small farm with features that include a comfortable four bedroom home, with support farm buildings, including a workshop and a barn style shed. With beekeeping, grazing and even hunting options available. This property will suit a range of buyers, including the first farm buyer, or

WEB ID WGR46824 perhaps agricultural contractor. A nice VIEW By Appointment property, in a good area and it just feels right. Land area can be expanded, so talk to Richard about the options.

• Good water • Four bedroom bungalow home • Good support sheds with power • Beekeeping, grazing, hunting • Good tracking and access.

$995,000 + GST (IF ANY)

Richard White

Mobile 027 442 6171 Office 06 281 3720 Home 06 342 3702 richardw@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

23

Wanganui/Rangitikei Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Lake Heaton with options - 52 ha

WEB ID MTR48485 TURAKINA 1433 State Highway 3 Well located in the Rangitikei this 52 ha property caters for the wide spectrum of buyers, from the lifestyler to farmers as well as investors. The property is currently divided into 4 titles, with a further 5th title approved and subject to final survey. Each of the five blocks has their own special features, with awesome building sites.

WANGANUI 51 Taupo Quay WANGANUI Wanganui@propertybrokers.co.nz 06 345 7714

Walk to town - 45 ha

MORTGAGEE AUCTION HUNTERVILLE

WEB ID MTR41737

$750,000 + GST (IF ANY)

3475 State Highway 1 VIEW By Appointment VIEW By Appointment Here's a chance to step up into a starter AUCTION 11.30am, Tue 19th Apr, farm that's more than just a lifestyle.

2016, (unless sold prior), Look at the options this property offers, POSTPONED UNTIL FURTHER NOTICE can be sold separately.

• 17 ha title with a 3 bedroom house • Adjoining 27 ha bareland • Decommissioned piggery with silos • Edge of town location Richard White Richard White Mobile 027 442 6171 Mobile 027 442 6171 The opportunity is here to secure a Office 06 327 0070 sizeable block of gently contoured land Office 06 327 0070 Home 06 342 3702 Home 06 342 3702 that has real appeal. $750,000+GST richardw@propertybrokers.co.nz richardw@propertybrokers.co.nz

Farm close to town

WHANGAEHU 7 Whangaehu Hotel Road Well presented and well appointed appropriately describes this 29 hectare farm. Featuring an excellent four bedroom homestead with great rural views. The farm grazes both sheep and cattle, with good electric and conventional fencing. The large crop-able area will especially appeal with scale that complements the gentle rolling hills. A good reliable water

WEB ID WGR47778 supply is reticulated to all paddocks.

Cattle and sheep yards, two stand woolsheds, implement sheds and laneway system. Excellent fertiliser history. $960,000 + GST (if any). View the video at www.propertybrokers.co.nz/wgr47778

$960,000 + GST (IF ANY)

VIEW By Appointment

4 Richard White

Mobile 027 442 6171 Office 06 327 0070 Home 06 342 3702 richardw@propertybrokers.co.nz

3 2

www.propertybrokers.co.nz Return to menu 24

Rural Outlook Autumn 2016

Manawatu Property Brokers Limited Licensed under the Real Estate Agents Act 2008

FEILDING 120 Fergusson Street FEILDING feilding@propertybrokers.co.nz 06 323 5544

Greatford Dairy Farm

MARTON 848 / 867 State Highway 1 121.0833 hectares in 6 titles.

Located just 10km north of Marton, this extremely well appointed Dairy Farm is one of Rangitikei's best performing operations. Check this production achieved under a system 5 regime:-

WEB ID FR48082 Improvements include:-

VIEW By Appointment

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

TENDER closes Wednesday 6th April, 2016 at 3.00pm, (unless sold prior), 120 Fergusson Street, Feilding.

•Average production last 4 years 170,650kg MS •Average production per cow 453kg MS •Average production per hectare With no capital expenditure required 1,422kg MS. this property is set up to carry on farming.

TENDER

Stuart Sutherland Mobile 027 452 1155 Office 06 323 5544

Terry Patching

Mobile 027 448 5816 Office 06 323 5544

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538

www.propertybrokers.co.nz Property Brokers

25

Manawatu Property Brokers Limited Licensed under the Real Estate Agents Act 2008

FEILDING 120 Fergusson Street FEILDING feilding@propertybrokers.co.nz 06 323 5544

Beehive Creek

POHANGINA 1879 Pohangina Road 42.694 hectares (105.4 acres) Bare land just 3km North of the Pohangina Village, this property is currently utilized as a grazing block.

WEB ID FR48329 Well subdivided with good access tracks. Excellent hunting is a bonus.

TENDER

VIEW By Appointment

TENDER closes Thursday 7th April, With a Rateable Value of only $222,000 2016 at 3.00pm, (unless sold prior), 120 Fergusson Street, Feilding. this property will fit a lot of budgets.

Terry Patching

Mobile 027 448 5816 Office 06 323 5544

Stuart Sutherland

Contour is approximately 1/3 rolling, 1/3 steep sidlings with the balance running down to the Beehive Creek which is a boundary.

Mobile 027 452 1155 Office 06 323 5544

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538

Midway Palmerston North & Feilding

BUNNYTHORPE 875 Roberts Line 27.2415 hectares (67.3 acres) bare land. Currently part of a milking platform this highly productive bare land property is capable of any intensive farming operation. Features include:-

WEB ID FR48311 Manawatu sandy loam capable of any VIEW By Appointment intensive operation - pastoral or horticultural •Infrastructure - excellent water, internal metal races and fences.

•Location 5km to Palmerston North and Immaculately presented this is as tidy a 9km to Feilding block of bare land as we have been •Soil type - highly productive Kairanga involved with for a number of seasons. fine sandy loam, Kairanga silt loam and

TENDER

Terry Patching

Mobile 027 448 5816 Office 06 323 5544

Stuart Sutherland Mobile 027 452 1155 Office 06 323 5544

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538

www.propertybrokers.co.nz Return to menu 26

Rural Outlook Autumn 2016

Manawatu Property Brokers Limited Licensed under the Real Estate Agents Act 2008

FEILDING 120 Fergusson Street FEILDING feilding@propertybrokers.co.nz 06 323 5544

Grass 365

BULLS 560 Forest Road "No drought here". 214 ha (529 acres) with 150 ha irrigated via two centre pivots, this property has the ability to run any low cost farming operation.

WEB ID FR48502 fed and all cows wintered on.

New bore water consent to extend irrigation with 9,504 cubic metres per day available.

We believe the future of farming is implicating low cost operations and water is the key. Whether it be dairying or an intensive pastoral finishing operation this property must have equal appeal.

Currently operating as a Dairy Farm with a 3 year average of 230,000kg MS, this low cost operation runs with less than 1 tonne of dry matter per cow

"Future proof" yourself from weather extremes. At $32,475 per Ha or $13,140 per acre this farm is priced to sell.

$6,950,000 + GST (IF ANY)

VIEW By Appointment

Terry Patching

Mobile 027 448 5816 Office 06 323 5544

Stuart Sutherland Mobile 027 452 1155 Office 06 323 5544

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538

www.propertybrokers.co.nz Property Brokers

27

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

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

Hawke’s Bay Property Brokers Limited Licensed under the Real Estate Agents Act 2008

WAIPUKURAU 98 Ruataniwha Street WAIPUKURAU waipukurau@propertybrokers.co.nz 06 858 7280

Ideal dairy run off

NORSEWOOD Manawatu River Road 59 ha situated 5.5km west of Norsewood in Southern Hawke's Bay. Flat - very easy contour with improved dairy pastures.

Excellent reticulated water to all paddocks. Good tracking with own red metal supply. Well fertilised and well subdivided.

Presently utilised as part of a dairy milking platform.

WEB ID WR47192

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

Pat Portas

Mobile 027 447 0612 Office 06 928 0521 Home 06 855 8330 patp@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

29

Hawke’s Bay Property Brokers Limited Licensed under the Real Estate Agents Act 2008

WAIROA 132 Marine Parade Wairoa wairoa@propertybrokers.co.nz 06 838 3560

Top of the world

MAHANGA 867 Mahanga Road Te Au Station is situated at Mahanga above the pristine Pacific Ocean on Mahia Peninsula, is 1 1/2 hours from Gisborne and 2 1/4 hours from Napier.

The driveway welcomes you to Te Au's homestead framed by Pohutukawa, Puriri, flowering gums attracting native birds. As you stroll to the house the reflection of the Redwood home shines in the in ground salt pool. THE QUARTERS is an AWARD WINNING superbly appointed cottage said to have the best pacific ocean views in New

WEB ID WRR44915 Zealand and has bookings 70-80% annually. The station consists of 713 hectares of productive sheep and cattle breeding and 60 hectares in QE11 Trust native bush and wetland. This is an iconic slice of paradise, with breath-taking pacific ocean views, coastline running for 4km, farmland, a secluded river, native bush, award winning accommodation, and a homestead.

BY NEGOTIATION

VIEW By Appointment

4 2 Carl Van der Meer

Mobile 027 493 5525 carlv@propertybrokers.co.nz

2

www.propertybrokers.co.nz Return to menu 30

Rural Outlook Autumn 2016

Hawke’s Bay Property Brokers Limited Licensed under the Real Estate Agents Act 2008

DANNEVIRKE 45 High Street DANNEVIRKE dannevirke@propertybrokers.co.nz 06 374 8102

A very attractive proposition

DANNEVIRKE 1793 Ormondville Te Uri Road This farm has been carefully developed with thought and care to get this property up to its present high calibre.

All developments and improvements have been well thought out and completed properly. With 425 ha of easy rolling country, and 60% approximately cultivatable, means your own supplements can be produced on farm. The well laid out woolshed and

WEB ID DR47084 sheep and cattle yards are all in a very good order. Access tracks throughout the property allow for easy stock movement and control. This is a very good farm and is a must to give consideration too.

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

3 Jim Crispin

Mobile 027 717 8862 Office 06 374 8102 Home 06 374 6768 jimc@propertybrokers.co.nz

1 2

Superior finishing property

DANNEVIRKE 712 Tiratu Road This magnificent 110 ha grazing and finishing block of land is farmed to a very high standard. Contour lends itself to all types of farming with a combination of flats and easy undulating land. Subdivision of the paddocks makes rotational grazing simple and with good support buildings, 3 stand woolshed, 250np, and good implement/storage sheds, hay

WEB ID DR47148 sheds means plenty of room for farm VIEW By Appointment machinery and stock feed. This property is in magnificent heart and its ability to grow good stock is evident. A nicely positioned three bedroom home compliments the property. This farm is well worth a visit, call today.

$2,050,000 + GST (IF ANY)

Jim Crispin

Mobile 027 717 8862 Office 06 374 8102 Home 06 374 6768 jimc@propertybrokers.co.nz

3 1

www.propertybrokers.co.nz Property Brokers

31

Hawke’s Bay Property Brokers Limited Licensed under the Real Estate Agents Act 2008

A very desirable farm

DANNEVIRKE 45 High Street DANNEVIRKE dannevirke@propertybrokers.co.nz 06 374 8102

Bareland - dairy support

WEB ID DR45499

BY NEGOTIATION + GST (IF ANY) DANNEVIRKE 839 Tourere Road VIEW By Appointment A well established sheep and cattle operation located within 29km of Waipukurau and Dannevirke townships, consisting of approximately 656 ha.

Contour would be described as mainly medium hill with some steeper faces.

Renowned for producing excellent livestock. Improvements include Jim Crispin 4 Mobile 027 717 8862 comfortable well maintained 4 bedroom 1950's farmhouse on elevated Office 06 374 8102 Home 06 374 6768 site above the road with an in-ground 1 jimc@propertybrokers.co.nz swimming pool.

Summer safe

WEB ID DR46495 $410,000 + GST DANNEVIRKE Cowper Side Road VIEW By Appointment 13.8ha of flat to easy undulating land subdivided into 10 paddocks located on Dannevirke's doorstep 4km east of the township. This property is ready to go for supplement/dairy support, finishing or an excellent larger lifestyle property with house sites. This is a great opportunity for a dairy operation to Jim Crispin Mobile 027 717 8862 offset their nutrient obligations or Office 06 374 8102 alternatively build your dream home Home 06 374 6768 $410,000+GST if any jimc@propertybrokers.co.nz

(IF ANY)

Fertile bareland block

WEB ID DR47709

BY NEGOTIATION DANNEVIRKE Armstrong Road VIEW By Appointment This 26.70 ha bareland block offers a true range of farming options. Deer, cattle, calves, sheep or add to an existing unit. The mainly easy rolling contoured land means supplement feed could be cut. A good set of cattle yards and load out race sited near the road makes stock transfer simple. This Jim Crispin property is in very good heart and is on Mobile 027 717 8862 Office 06 374 8102 the out skirts of a rural town.

Home 06 374 6768 jimc@propertybrokers.co.nz

WEB ID DR48561

BY NEGOTIATION + GST (IF ANY) DANNEVIRKE Takapau Ormondville Road VIEW By Appointment 21.79 ha flat land approximately 27km to Dannevirke. Highly fertile land suitable for intensive grazing or cropping. Currently leased until February 2017. Good water supply from the Manawatu River, pressure pumped to troughs. Subdivided into five main paddocks with an older two bay hay Jim Crispin Mobile 027 717 8862 shed for storage. RV $455,000. A very Office 06 374 8102 good parcel of land in good heart.

Home 06 374 6768 jimc@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 32

Rural Outlook Autumn 2016

Tararua

Wairarapa

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

The rural market activity has slowed significantly in the past two months.

This is a combination of poor produce prices, a period of extremely hot, dry weather and a lack of genuine listings.

In January a marginal sized sheep farm sold from the lessor to the lessee of 10 years.

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

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

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

It is a period of readjustment.

Tararua

TARARUA

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

129 Main Street Pahiatua pahiatua@propertybrokers.co.nz 06 376 8486

Waiona Downs - 251 ha

WOODVILLE 307 Troup Road This dairy unit ticks all the boxes, great location, superior soil types, flat contour and a comprehensive infrastructure. The 190 ha property is well subdivided into 50 paddocks with a 36 aside HB cowshed and 250 cow feedpad.

Currently operating as a certified organic system milking 320 crossbred cows, this farm has milked 500 cows on a conventional basis.

WEB ID PR47623 Housing on the property features three well maintained four bedroom homes with the main home of a superior standard. Further farm improvements include excellent calf rearing facilities, comprehensive shedding, concrete silage bunkers, reliable water and effluent systems. The dairy operation is supported by 61 ha of flat land in 35 paddocks, 1km away.

TENDER

VIEW By Appointment John Arends

Mobile 027 444 7380 Office 06 376 8486

Jared Brock

Mobile 027 449 5496 Office 06 376 8486

Phil Wilson

Mobile 021 518 660 Office 06 376 8486

Braestone 281 ha

EKETAHUNA 85289 State Highway 2 Braestone Farm is situated 25km north of Masterton on State Highway 2 and 8km south of the country town of Eketahuna.

The property features 40 ha of productive flats, 120 ha easy to medium/steep hill with the remainder in native bush. Currently operated as mixed drystock operation of sheep, beef and deer with the flats being leased to

WEB ID PR46983 a neighbouring dairy farmer.

Infrastructure is made up of covered yards, 2 stand woolshed, deershed and cattleyards.

All this combined with a solid three bedroom family home and "The Hut" accommodation offering alternative income make this property an attractive acquisition.

RV $1,430,000

BY NEGOTIATION

VIEW By Appointment Jared Brock

Mobile 027 449 5496 Office 06 376 8486 Home 06 376 6341 jared@propertybrokers.co.nz

Malcolm Blundell

Mobile 027 652 4399 Office 06 370 0701 Home 06 370 4340 malcolm@propertybrokers.co.nz

3 1

www.propertybrokers.co.nz Return to menu 34

Rural Outlook Autumn 2016

Tararua

TARARUA

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

129 Main Street Pahiatua pahiatua@propertybrokers.co.nz 06 376 8486

Eketahuna Dairy - 113 ha

EKETAHUNA 15 Cullen Street SIJ Holdings is situated on the town boundary of Eketahuna just 33km north of Masterton and 45 minutes drive from Palmerston North. The milking platform of 94 ha has produced a 2 year average of 89,000kgMS. The flat to easy hill property features good access to the 24 aside herring bone shed and 200+ cow feed pad.

The property is well supported with

WEB ID PR46530 good out-buildings and a modern three bedroom plus office and two bathroom home. This property offers an excellent entry level opportunity in an area regarded as summersafe.

RV $2,110,000

BY NEGOTIATION

VIEW By Appointment Jared Brock

Mobile 027 449 5496 Office 06 376 8486 Home 06 376 6341 jared@propertybrokers.co.nz

Phil Wilson

Mobile 021 518 660 Office 06 376 8486 Home 06 376 7238 philw@propertybrokers.co.nz

3 2

Future investment

PAHIATUA 268 Druce Road Purchase now and invest for the future in this 28.4670 ha forestry block.

Serious planting on this block started in 1994 with 5.7 ha established and subsequent planting of 4.9 ha in 1995 and 16.4 ha in 1996.

Located 12km to State Highway 2 and 15km to Woodville all silviculture has been concluded in a timely manner by New Zealand Pine Management

WEB ID PR46507 Limited.

The block is not currently registered with the Emission Trading Scheme and has no carbon credit liability.

For further information and appointment to view, please contact Phil Wilson.

$495,000 + GST (IF ANY)

VIEW By Appointment

Phil Wilson

Mobile 021 518 660 Office 06 376 8486 Home 06 376 7238 philw@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

35

Wairarapa Property Brokers Limited Licensed under the Real Estate Agents Act 2008

MASTERTON 84 Chapel Street MASTERTON masterton@propertybrokers.co.nz 06 370 0701

Genuine Wairarapa station

MASTERTON 565 Maringi Road This genuine 966 hectare sheep and quarters and a 4 stand woolshed with beef unit is of the highest quality, and is substantial covered yards. Seven sets of situated 25 minutes north of Masterton. satellite yards greatly assist stock management It contains a balance of easy to medium hill country with complementary flats, All gullies are fenced along with 31 totalling 110 paddocks. Very good hectares of pines. access and sound water. Regularly top dressed including 1500 ton of lime and This Ballance award winning station is 140 ton of DAP in the past year. for sale at $4.65 million (plus GST).

The property contains a solid four bedroom family home, single mans

WEB ID MR47396

$4,650,000 + GST (IF ANY)

VIEW By Appointment

4 Paul Joblin

Mobile 027 443 3756 Office 06 370 0701 Home 06 372 7789 paulj@propertybrokers.co.nz

2 2

www.propertybrokers.co.nz Return to menu 36

Rural Outlook Autumn 2016

Wairarapa Property Brokers Limited Licensed under the Real Estate Agents Act 2008

MASTERTON 84 Chapel Street MASTERTON masterton@propertybrokers.co.nz 06 370 0701

Versatile block

KAHUTARA 539 Kahutara Road Fenced into 12 paddocks, bore water to all paddocks and a central lane make this 41 hectare, flat block very desirable.

It has generous road frontage and is complemented by a useful 4 bay shed.

This property can be utilised for stock finishing, dairy support or cropping, this well located block is a must to inspect.

WEB ID MR48764

TENDER

VIEW By Appointment TENDER closes Friday 29th April, 2016 at 4.00pm, (unless sold prior), Property Brokers Ltd, 84 Chapel Street, Masterton

Hamish Wylie

Mobile 027 491 4630 Office 06 370 0701 hamishw@propertybrokers.co.nz

Paul Joblin

Mobile 027 443 3756 Office 06 370 0701 Home 06 372 7789 paulj@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

37

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

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

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

Canterbury Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

RANGIORA 222 High Street RANGIORA Rangiora@propertybrokers.co.nz 0800 625 363

So many options at 'Karaka'

WAIKARI 696 Karaka Road • 44 hectares (3 titles) • 4 bedroom homestead • 2 implement/hay sheds • Cattle yards

WEB ID RR48331

$795,000 + GST (IF ANY)

VIEW By Appointment

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

4 Tim Murdoch

Mobile 027 868 6009 Office 03 313 8022 timm@propertybrokers.co.nz

1 2

www.propertybrokers.co.nz Property Brokers

39

Canterbury

RURAL 217 West Street, Ashburton

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

ashburton@propertybrokers.co.nz 03 307 9176

85 ha farming investment opportunity - Ashburton

WEB ID AR48888

TINWALD Stranges Road A prime location adjacent to Lake Hood Huntingdon Park Subdivision. Benefits include spray irrigation and strong Wakanui soils utilised for arable, lamb finishing and dairy support.

Three road frontages allow excellent access and underpins for future investment potential.

BY NEGOTIATION

VIEW By Appointment Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

32.3 ha - two homes * extensive sheds

WEB ID AR47427 HINDS 165 Isleworth Road A mid scale property handy to Hinds.

Good arable soils and new pastures. In recent times has been dairy support, prior a Limousin cattle stud. Extensively renovated, extended and modernised three bedroom home, new cottage, 66sqm social room, triple and double garage/workshop, 2 + 2 + 3 bay implement sheds, 182sqm high stud workshop with three phase power.

Ideal smaller dairy unit - 99.3856 ha

$1,600,000 + GST (IF ANY) WAIMATE VIEW By Appointment

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

3

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

2

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

3

WEB ID AR46263

64 Haymans Road This very productive smaller dairy unit would make an ideal first farm or for the type of person who wants to get the most out of their top end dairy cows. Special features: • Excellent irrigation, ground water • Quality soils • Excellent 450 cow "free stall cow house" • Very tidy 32 aside herringbone shed • Two tidy homes in sheltered setting.

BY NEGOTIATION VIEW By Appointment

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

Michael Richardson Mobile 027 228 7027 Office 03 687 7145

www.propertybrokers.co.nz Return to menu 40

Rural Outlook Autumn 2016

Canterbury

RURAL 217 West Street, Ashburton

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

206 ha - the feed machine

"Willowdale" on Greenstreet 19.46 ha

WEB ID AR43026 $8,750,000 + GST ASHBURTON 2195 Ashburton Staveley Road VIEW By Appointment An upper plains property of 206 hectares growing a mix of fodder beet, maize and young pasture. Irrigated with BCI and groundwater, this farm has Chris Murdoch some quality soils. Sound house and full Mobile 0274 342 545 range of buildings. A property offering Office 03 307 9191 a range of farming options from a dairy Greg Jopson Mobile 027 447 4382 support to arable to finishing farm Office

ashburton@propertybrokers.co.nz 03 307 9176

03 307 9176

(IF ANY) ASHBURTON

4 1

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

1

Location, scope & potential - 544 ha

WEB ID AR48719

BY NEGOTIATION BALCLUTHA 173 Glenfalloch Road VIEW By Appointment Glenfalloch provides a genuine opportunity by a motivated vendor to secure a well known property in the strong Warepa - South Otago farming Greg Jopson district. Its strength is as a breeding unit Mobile 027 447 4382 but equally has the ability to finish all Office 03 307 9176 gregj@propertybrokers.co.nz production. A perfect strategic fir in tandem with a finishing property, Jude Livingstone Mobile 021 544 488 integrate within a larger farming Office 03 434 3347 business or standalone farming Home 03 434 2699 opportunity. jude@propertybrokers.co.nz

WEB ID AR42455

400 Ashburton Staveley Road The complete small farm or lifestyle property within five minutes drive of Ashburton in the favoured Greenstreet area. 19.46 hectares plus 5.6 hectares Crown Land.

- 238sqm homestead, modern kitchen/bathrooms, well maintained with many features - Sheltered, beautiful gardens, BBQ area and landscaping - Excellent soils, fully irrigated.

BY NEGOTIATION VIEW By Appointment

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

3

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

2

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

2

Dairy farm 322 ha - low cost production

WEB ID AR48173 METHVEN 149 McLennans Bush Road A quality Methven dairy farm operation.

The 1200mm rainfall allows for low operating costs but with the ability to "ramp up" with excellent in shed and feed pad systems. The quality of the development is evident in lanes, subdivision, pastures, stock water supply, 60 bale rotary milking shed, vet facilities, extensive sheds, quality executive four bedroom home.

$12,850,000 + GST (IF ANY) VIEW By Appointment

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

4+

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

1

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

2

www.propertybrokers.co.nz Property Brokers

41

Canterbury Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

RURAL 217 West Street, Ashburton

ashburton@propertybrokers.co.nz 03 307 9176

Nimrod Downs - 2151 ha

ALBURY 2034 Mt Nessing Road Seldom do we see freehold farms of this size (being 2151 ha freehold) and scale come to the market. A great opportunity to purchase a well balanced farm with land that goes from easy fattening downs to tussock breeding country. This farm has the ability to both breed and fatten and has an array of buildings from modernised homestead, tidy second home, excellent

WEB ID AR48149 three stand raised board woolshed and covered yards, cattle yards, implement shed and workshop. All in all a great farm in a well regrassed area and only 63km to Timaru or 36km to Fairlie.

BY NEGOTIATION

VIEW By Appointment Chris Murdoch

Mobile 027 434 2545 Office 03 307 9191 chris@propertybrokers.co.nz

Michael Richardson

4

Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

1

Rare opportunity - irrigation and options

ASHBURTON WEB ID AR48513 BUYERS 293 Hackthorne Road This leasehold property presents a rare VIEW By Appointment opportunity for buyers to secure a Offers over $2,500,000 plus GST (if any) standalone unit, strategic purchase for Greg Jopson dairy support, finishing or dairy Offers to be received by 4pm on the Mobile 027 447 4382 platform. An affordable option with the 14th April 2016.

Office 03 307 9176 benefit of low cost/reliable Mayfield Chris Murdoch Hinds Irrigation and nutrient allocation.

Mobile 0274 342 545 Office 03 307 9191 Future potential of leasing additional 101 ha provides the ideal platform to Paul Cunneen expand your farming portfolio.

Mobile 0274 323 382 Office

$2,500,000+

03 307 9190

www.propertybrokers.co.nz Return to menu 42

Rural Outlook Autumn 2016

Canterbury Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

Feed machine - 70 ha

WEB ID ROR48274

BY NEGOTIATION HORORATA Morgans Road VIEW By Appointment 70 ha (subject to survey) spray irrigated grazing property well located near Hororata, Central Canterbury.

Irrigation water supplied by Central Plains Water and applied via centre pivot covering 40 ha and the balance by hard hose gun irrigator.

Excellent setup for wintering cattle or as Gareth Cox a cut and carry option.

Mobile 021 250 9714 Improvements include an older set of Office 03 929 0306 cattle yards and two bay hayshed. gareth@propertybrokers.co.nz

Consider the options

WEB ID ROR48505

BY NEGOTIATION + GST (IF ANY) GEBBIES VALLEY 128 Gebbies Pass Road VIEW By Appointment • 85 ha grazing/finishing block • Excellent Motukarara location • Quality balanced soils - provides excellent summer and winter balance • Good fertility levels • Excellent sheds and cattleyards A well setup block with great balance of soil types and excellent fertility, Gareth Cox allowing potential purchasers a good level of flexibility around potential uses Mobile 021 250 9714 Office 03 929 0306 of the block. gareth@propertybrokers.co.nz

ROLLESTON 6 Tennyson Street ROLLESTON rolleston@propertybrokers.co.nz 03 929 0306

Irrigated with options

WEB ID ROR47147

BY NEGOTIATION HORORATA 310 Hororata Road VIEW By Appointment Superbly presented 195 ha grazing/fattening property centrally located at Hororata, Central Canterbury, only 50km from Christchurch. Spray irrigated by rotorainer and k-line covering 98 ha from existing groundwater take.

Currently operated as an intensive cattle Gareth Cox grazing/finishing unit, achieving outstanding results. Executive style four Mobile 021 250 9714 Office 03 929 0306 bedroom homestead. gareth@propertybrokers.co.nz

Opportunity knocks

WEB ID ROR48508 $2,400,000 + GST GREENPARK Gammacks Road VIEW By Appointment • 80 ha dairy support/finishing block • Excellent central location • Reliable low-cost irrigation water 39l/sec consent appiled via rotorainer • Dairy Farm quality pastures and fertility Here is a rare opportunity to secure a quality block with reliable low cost irrigation water in a central location Gareth Cox only 25min from Christchurch City Mobile 021 250 9714 Centre.

(IF ANY)

Office 03 929 0306 gareth@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

43

South Canterbury

RURAL Cnr Church & Sophia Sts TIMARU timaru@propertybrokers.co.nz 03 687 7166

Hastings McLeod Ltd Licensed under the Real Estate Agents Act 2008

Sheep, beef & deer farm - lease

Braeval

WEB ID TMR48598 TENDER ALBURY 208 Limestone Valley Road VIEW By Appointment Expressions of interest sought for this TENDER closes Thursday 5th May, property on or before 2016 at 4.00pm, (unless sold prior), Thursday, 14th April, 2016.

Property Brokers Building, Cnr Church and Sophia Streets, Timaru LEASE OPTIONS AVAILABLE: 4 Option 1. Entire property 1669.8275 ha 7910 Option 2. Pastoral lease 1141.2135 ha Option 3. Freehold only 528.0614 ha 1 Michael Richardson

Further options/combinations could be considered.

Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

2

Vendor's piece of paradise

DEADLINE SALE VIEW By Appointment DEADLINE SALE closes Thursday 5th May, 2016 at 4.00pm, (unless sold prior)

4 Michael Richardson

Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

1 3

Minutes from town

WEB ID TMR47914

BY NEGOTIATION TEMUKA 182 Galbraith Road VIEW By Appointment • 68 hectares of productive land • Well maintained villa • 2 stand raised board shearing shed 4 • Four bedrooms • All day sun with mature gardens 1+ • Excellent subdivision The vendors have said this is their paradise, so after 24 years of calling this 3 Michael Richardson property home, it is time to move on.

This is a great starter farm or an add on. Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

WEB ID TMR48315 CAVE 126 McPhersons Road • Scope • 4000 plus stock units • 4 stand raised board shearing shed and covered yards • Laned and well tracked • Great Location - approx 30km from Timaru An excellent one man unit 'Braeval' has a lot to offer with 46 stock water dams, 9 streams, and excellent subdivision into 16 hill blocks plus 43 other paddocks.

4

WEB ID TMR46380

BY NEGOTIATION + GST (IF ANY) TIMARU Cartwrights Road VIEW By Appointment • Bare land 45 hectares (subject to survey) • Fertile soils, location • Two road frontages • Currently used lamb finishing • Cropping potential An excellent start to your farming career or an add on to your existing Michael Richardson business. Properties of this size and location do not come on to the market Mobile 027 228 7027 Office 03 687 7145 very often. Enquire today! michael@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 44

Rural Outlook Autumn 2016

South Canterbury Hastings McLeod Ltd Licensed under the Real Estate Agents Act 2008

The Oaks

WEB ID TMR44143

BY NEGOTIATION + GST (IF ANY) MAHENO 281 Kakanui Valley Road VIEW By Appointment • Exceptional 410.0255 ha property • Currently milking 1200 cows • Proven performer • Four sound homes, one unit • 7 pivots plus K-line • 54 bail Rotary Dairy Shed Currently milking 1200 cows and consistently producing an average of 1500kg/ms/ha off the milking platform. Michael Richardson Mobile 027 228 7027 This farm has proven results with Office 03 687 7145 excellent infrastructure in place. michael@propertybrokers.co.nz

3885 Waimate Highway

WEB ID TMR35323

BY NEGOTIATION + GST (IF ANY) WAIMATE 3885 Waimate Highway VIEW By Appointment • Milking Production 2013-2014, 341,547kg/ms • 40 bale rotary with ACR's and meal feeders • Extremely reliable irrigation water 5 • Sought after low cost irrigation - all K-line • Good all weather lanes in place 1 Michael Richardson • Subdivided into 63 paddocks Mobile 027 228 7027 • Good array of farm sheds Office 03 687 7145 • Very sound four bedroom home 1 michael@propertybrokers.co.nz

RURAL Cnr Church & Sophia Sts TIMARU timaru@propertybrokers.co.nz 03 687 7166

Whartons Road

WEB ID TMR44145

BY NEGOTIATION + GST (IF ANY) MAHENO Whartons Road VIEW By Appointment • 78.2637 hectares bare land • Productive soils • Three pivots & reliable irrigation water • Set up for 2016 winter • Road access on two boundaries • Size and location Michael Richardson

Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

Taiko's country

WEB ID TMR22494

BY NEGOTIATION TIMARU Taiko Hall Road VIEW By Appointment • Approx. 11km west of Timaru • Approx. 60% flat - 40% rolling • Water: Downlands water/two units • Deer Fencing 99% • Claremont Silt Loam/Claremont Hill • Divided into five paddocks • Taiko area has an average rainfall of 600mm per annum.

Jeannette Pepping Mobile 027 204 7503 • Great opportunity to start on the Office 03 687 7146 farming ladder Home 03 614 3855 jeannette@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

45

West Coast The Coast has a lot of farms on the market and buyer activity has been very limited.

However, with its low cost farming system finding favour at the moment and the lower capital investment outlay required on the Coast, the area offers people real opportunities.

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

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

West Coast E V Arthur Limited Licensed under the Real Estate Agents Act 2008

GREYMOUTH RURAL

33 Tainui Street GREYMOUTH greymouth@propertybrokers.co.nz 03 768 7145

Top of the line dairy - Hokitika

KOKATAHI 84 Bladier Road Well appointed dairy farm located in the sought after Kokatahi Valley 15 minutes from Hokitika.

buildings.

Immaculate five bedroom homestead set in established grounds and a well presented four bedroom villa. Currently Comprising of 157 hectares of free milking 340 cows and achieving draining alluvial soils arguably some of 125,000kg/ms (five year average) with the best agricultural soils on the Coast, milking herd wintered on milking this well maintained property has all the platform. bases covered.

This property presents an excellent Featuring a tidy 24 bail rotary cowshed opportunity for those looking for a low with cup removers and meal feeding cost owner/operator business or the system, plus a full range of farm astute investor.

WEB ID GYR48305

$4,850,000 + GST (IF ANY)

VIEW By Appointment

Gareth Cox

Mobile 021 250 9714 Office 03 768 7145 gareth@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

47

West Coast E V Arthur Limited Licensed under the Real Estate Agents Act 2008

GREYMOUTH RURAL

33 Tainui Street GREYMOUTH greymouth@propertybrokers.co.nz 03 768 7145

Unique large scale dairy unit

ATARAU 1852 Atarau Road The current owners have developed this 436 hectare property (425 ha eff), 30 minutes drive from Greymouth into an efficient and high producing dairy unit achieving 556,755kg/ms from 1350 cows in the 2014/15 season.

Improvements include 56 bail rotary cowshed with in shed feeding system and ACR's. 600 cow concrete feed pad, 49 paddocks connected by well

WEB ID GYR44906 constructed all weather lanes. Irrigation VIEW By Appointment to 230 hectares via three centre pivots plus K-line, with ability to develop a further 110 ha of K-line. Three x four bedrooms homes plus cottage and a full range outbuildings located on this impressive property.

BY NEGOTIATION + GST (IF ANY)

Trevor Kendrick

Mobile 027 231 0117 Office 03 768 7145 Home 03 732 4340 trevork@propertybrokers.co.nz

Gareth Cox

Mobile 021 250 9714 Office 03 768 7145 gareth@propertybrokers.co.nz

Sustainable dairying - Hokitika

KOWHITIRANGI 70 Johnston Road 172 ha dairy farm located in the Kowhitirangi Valley 20 minutes from Hokitika.

Well-appointed dairy unit featuring 28 aside herringbone shed, three excellent homes and more outbuildings than we can list.

Producing 130,000kg/ms from 360 cows on a low cost grass based system.

Property has been well farmed for many

WEB ID GYR44196 years and presents an excellent VIEW By Appointment opportunity for those looking to step up to farm ownership or the astute investor.

Available as a going concern with livestock at valuation.

Price: $4,250,000 + GST (if any) Land, Buildings & Shares.

$4,250,000 + GST (IF ANY)

Gareth Cox

Mobile 021 250 9714 Office 03 768 7145 gareth@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 48

Rural Outlook Autumn 2016

West Coast Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Nature at its best

WEB ID WER34383 WESTPORT SURROUNDS Lot 2 Virgin Flat Road VIEW By Appointment Travel down Virgin Flat Road and you'll find this gem of a property. 7.89 ha sitting high on a terrace with an excellent solid base, covered in a wide variety of Lowland Podocarp and smaller native bush. The choice of three ridges to build on with stunning views to the front and Mountains to the rear. Charlie Elley Only 15 minutes drive to Westport yet it Mobile 027 662 2723 Office 03 789 8777 could be a million miles from Home 03 789 7334 Civilization. charlie@propertybrokers.co.nz

RURAL 132 Palmerston Street WESTPORT westport@propertybrokers.co.nz 03 789 8777

Handy lifestyle block

$179,000 WESTPORT

WEB ID WER34494

$200,000

State Highway 67 VIEW By Appointment Lifestyle block, only 5 minutes from town just before the Crossroads. Good starting point to those keen to establish a rural presence but not be too far from the shops. Two excellent building sites.

Charlie Elley

Mobile 027 662 2723 Office 03 789 8777 Home 03 789 7334 charlie@propertybrokers.co.nz

Sergeants Hill Land

WESTPORT SURROUNDS Lot 1 Caledonian Road Elevated building site with rural and distant sea views. Bush on west boundry. Lovely northerly aspect. Very handy to town with services close by.

Great building site.

WEB ID WER34224

$112,000

VIEW By Appointment

Charlie Elley

Mobile 027 662 2723 Office 03 789 8777 Home 03 789 7334 charlie@propertybrokers.co.nz

www.propertybrokers.co.nz Property Brokers

49

North Otago

RURAL 157 Thames Street OAMARU Oamaru@propertybrokers.co.nz 03 434 3347

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

Easy contours 154 ha

MAHENO

37 ha close to Palmerston

WEB ID OMR72253

• Flat to easy contour mostly north facing • Renovated three bedroom home • Double garage & utility room • 6 units of water from Kauru Scheme • Excellent water storage in place • 100 shares in NOIC secured Supplementary allocation for irrigation in place. This property would lend itself well as a dairy support block, it would also make an ideal beef finishing property.

BY NEGOTIATION PALMERSTON VIEW By Appointment

Jude Livingstone

Mobile 021 544 488 Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

Fantastic lifestyle opportunity

WEB ID OMR72232 OAMARU Lot 1 Happy Valley Road VIEW By Appointment • Elevated site • Views of mountains & surrounding farmland • Handy to Kakanui & beaches • 4.3102 ha • Sealed road to gate • Approx. 15 min from Oamaru This is a great opportunity to develop a Jude Livingstone lifestyle block with a lovely rural aspect. Mobile 021 544 488 Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

3

WEB ID OMR72239

$439,000 + GST (IF ANY)

Lot 5 Patterson Road VIEW By Appointment • Currently utilised as beef breeding • Approx. 100 head cattle yard • Small pine and gum plantation • Good road access • One point of Goodwood water • Flat to easy paddocks, trees on hill areas A very successful Angus Stud has been Jude Livingstone run on this property in conjunction with Mobile 021 544 488 the adjoining 30 ha block also available. Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

Dairy support or arable 86 ha

$199,000 OAMARU

WEB ID OMR72228

- Serpentine Road • Flat to gentle rolling contour ideal cropping • Well fenced for dairy or beef • 1.5 units of water • 30 000l tank • Cattle troughs in each paddock • 14 main paddocks This property has wintered 500 dairy cows but is mostly utilised as beef finishing/cropping. The very good contours and soils provide many options.

$1,500,000 + GST (IF ANY) VIEW By Appointment

Jude Livingstone

Mobile 021 544 488 Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

www.propertybrokers.co.nz Return to menu 50

Rural Outlook Autumn 2016

North Otago Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

RURAL 157 Thames Street OAMARU Oamaru@propertybrokers.co.nz 03 434 3347

Dairy grazing 126 ha

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

WEB ID OMR72183 this farm would compliment a larger dairy unit or make an ideal starter farm.

It is well located in a sought after area of North Otago with excellent road access.

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment Jude Livingstone

Mobile 021 544 488 Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

Michael Richardson

Mobile 027 228 7027 Office 03 687 7145 michael@propertybrokers.co.nz

With a history of excellent stock health

Small farm or support block

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

WEB ID OMR72176 secure a farm of this size in a sought after location, making an excellent addition to a larger farm as a support block; cut and carry or as a small finishing farm.

This is an excellent opportunity to

$1,270,000

VIEW By Appointment

4 Jude Livingstone

Mobile 021 544 488 Office 03 434 3347 Home 03 434 2699 jude@propertybrokers.co.nz

1 2

www.propertybrokers.co.nz Property Brokers

51

This is Property Brokers’ Country!

Property Brokers have branches in these great locations.

North Island Te Aroha

07 884 9547

Foxton

06 363 0022

Matamata

07 888 6468

Levin

06 366 0880

Te Kuiti

07 878 8266

Masterton

06 370 0701

Taumarunui

07 895 7123

Carterton

06 379 6660

Taihape

06 388 0200

Greytown

06 304 8007

Wairoa

06 838 3560

Martinborough

06 306 8484

Napier

06 834 4255

Greenmeadows

06 845 9101

Taradale

06 844 0042

Hastings

06 873 0135

Ashburton

03 308 8209

Havelock North

06 872 7037

Darfield

03 929 0306

06 872 6016

Rolleston

03 929 0306

Central Hawkes Bay 06 858 7280

Geraldine

03 693 1315

Wanganui

06 345 7714

Westport

03 789 8777

Rangitikei

06 327 0069

Greymouth

03 768 7145

Dannevirke

06 374 8102

Hokitika

03 755 8138

Pahiatua

06 376 8486

Oamaru

03 434 3347

Palmerston North

06 356 5122

Rangiora

03 313 8022

06 326 7023

Timaru

03 687 7166

Waimate

03 689 7171

Clive

Ashhurst Woodville Feilding

06 376566

South Island

06 323 5544

Property Brokers Branches

Members

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

propertybrokers.co.nz Property Brokers Licensed REAA 2008