Rural Outlook - Spring/Summer 2016

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

Spring/Summer 2016

RURAL OUTLOOK

propertybrokers.co.nz Property Brokers Licensed REAA 2008

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Contents 1

22

44

Welcome

Manawatu

3

26

Canterbury/West Coast/North Otago Regional Report

Sales Success

Hawke’s Bay Regional Report

8

27

Waikato/King Country Regional Report

Central Hawke’s Bay

9 Waikato

15 King Country

20

34 Tararua Regional Report

35 Tararua

41 Wairarapa Regional Report

Wanganui/Rangitikei/Manawatu Regional Report

42

21

Wairarapa

Wanganui

45 North Canterbury

49 Mid Canterbury

55 Central Canterbury

57 South Canterbury

59 North Otago

Tim Mordaunt

Welcome to Property Brokers Rural Outlook, Spring/Summer Edition

Managing Director, Property Brokers Limited

Fortune favours the confident and well informed Spring is here – and along with the grass, confidence is growing strongly in our rural economy.

Looking around New Zealand today, the countryside has rarely been greener or fuller in productive potential. Spring started well after a generally mild winter. The official long-range forecast is for warmth and average rainfall in most regions until Christmas at least. Unlike this time last year, no-one is predicting summer drought.

For all who are involved in farming, there’s something to smile about, starting with milk prices. In late September, Fonterra put its forecast Farmgate Milk Price for 2016-17 at $5.25 per kgMS – a big relief after two years of depressed payout to producers.

The most optimistic of dairy sector commentators think the price could go to $6 this season. The global supply-demand imbalance in milk powder seems to be clearing more quickly than expected. Of course, all eyes remain fixed on the fortnightly Global Dairy Trade auction, and the next response from Fonterra and the other milk companies. The financial outlook for dairying is definitely brighter.

And the renewed confidence is spilling across to drystock where farmgate beef prices remain favourable. In fact, they’re holding most of the gains made since late 2013 and no-one is foreseeing any sharp reversal while US beef demand remains strong.

New Zealand lamb prices, on the other hand, continue to disappoint under the weight of competition for supply into European markets. In its annual outlook (in June), the Ministry for Primary Industries (MPI) doesn’t see lamb schedule prices turning up until 2018.

But perspective is required! Today’s sheep meat and wool prices are well above their levels of a decade ago (and actually, wool has been buoyant over the past year). This country remains extremely well positioned to meet demand growth for red meat over the long term in Asia, North America and Europe.

That’s true also for venison – and for deer farmers, the upturn has definitely arrived after several years of weak prices and herd reduction. So far this season, venison farmgate prices are up 1015% on the corresponding period in 2015.

1

Looking across the fence at horticulture, there’s been no downturn at all! MPI reports that our horticulture-based exports surged past $5 billion in the year to 30 June 2016, thanks in particular to higher volumes and higher prices in kiwifruit, pip fruit and wine. The outlook for most horticultural sectors continues to be very positive.

Rural economy-wide, people are also drawing confidence from our continued low inflation and interest rates – and signs of that longhoped-for depreciation in the New Zealand Dollar. Our currency index is now down around 5% from its high in late 2014 – and listening to the Reserve Bank, it is clear that further depreciation is coming. When the dollar is down against our major trading partners, as everyone knows, that spells higher returns to farmers and growers.

No surprise that Rabobank’s regular survey of farmers is showing confidence at its highest since 2013. The latest survey (September) has 48% of farmers expecting the rural economy to improve over the coming 12 months (and just 13% foreseeing some deterioration).

No surprise either that confidence is returning to the rural property market after two subdued years.

Spring has brought a seasonal increase in activity, and we foresee a quickening pace in listings and sales as 2017 approaches. Buyers are seeking opportunities for new investment or expansion in New Zealand agriculture and horticulture at this point in the cycle. Sellers are dusting off plans shelved a year or two ago to scale back or exit their particular sector for business or personal reasons.

More than ever, we see all parties putting strong focus on farming fundamentals – global supply and demand trends, farmgate returns, niche market opportunities and production costs. The days of farming just for capital gain in the land are long gone.

In addition, the market is paying much closer attention to environmental issues from region-to-region. Climate change is heightening the perennial concerns of all farmers about potential for drought and/or about pressure on water supply for irrigation.

Fresh water quality and nutrient management, and their associated costs, are also coming to the fore.

Rural Outlook Spring/Summer 2016

Jul-16

Sep-16

May-16

Jan-16

Mar-16

Nov-15

Jul-15

Sep-15

May-15

Jan-15

Mar-15

10

0

Nov-14

2000 Jul-14

20

Sep-14

4000

May-14

30

Jan-14

40

6000

Mar-14

8000

Sep-13

50

Nov-13

0

Median selling price

3000

60

2500

50

2000

40

1500

30

1000

20

500

10 0 Sep-16

Jul-16

May-16

Mar-16

Jan-16

Nov-15

Sep-15

Jul-15

May-15

Mar-15

Jan-15

Nov-14

Sep-14

Jul-14

May-14

Jan-14

Mar-14

Sep-13

Nov-13

0

Median selling price

Sales

0

Sales

Sep-16

0 May-16

5

Mar-16

500

Jan-16

10

Nov-15

1000

Sep-15

15

Jul-15

1500

Mar-15

20

Jan-15

2000

Nov-14

25

Sep-14

2500

Jul-14

30

May-14

3000

May-15

Dairy Farm Sales

10000

Sep-13

Tim Mordaunt Managing Director

60

Jan-14

Remember the old adage: Forture favours the brave. Well, it also favours the confident when they’re well informed and well motivated!

70

12000

Mar-14

We see the property market shifting up a gear in 2016-17 supported by strong strategic buying and selling – strategic because parties on both sides pursue well-identified personal and/ or commercial goals and make decisions based on their sound understanding of fundamentals, nationally and region by region.

14000

Nov-13

Buyers and sellers are drawn increasingly to take a view on all these factors. The former include more already-established farmers and/or rural investors keen to leverage their knowledge for acquisition of properties in the right locations and at the price for them. Among vendors, succession planning is an increasing driver.

The country has an ageing population of farmers and retirement usually means on-sale of farms to the next generation or other buyers.

Sales number

Sales

Finishing Farm Sales

Water resource management is a live issue in some regions, notably Hawkes Bay and Canterbury. Rural property values will respond as scheme investments unlock the potential for both productivity and environmental gains. Advances in precision irrigation are now having a positive impact on production costs in some regions, and of course that flows through to land valuations.

The market is increasing aware of the potential attached to other new farming technologies, along with ongoing investment in New Zealand’s processing capacity and transport infrastructure.

Arable Farm Sales

Dairy and drystock farmers are being asked for more rigorous nutrient budgeting, stocking rate adjustments and the fencing of waterways. Some councils are further along than others: In many areas, farmers are either meeting the requirements already or quietly getting on with it.

Median sale price ($000’s)

Jul-16

Regional councils are responding to the Government’s 2014 National Policy Statement on Freshwater Management by setting objectives and requirements.

Median selling price

*Source REINZ

Property Brokers

2

Sales Success

28 Waiorangomai Road, Te Aroha, Waikato

477 Piraunui Road, Manawaru, Waikato

State Highway 27, Waikato

SOLD Area 39.5179 ha Sold For $2,000,000 + GST

SOLD Area 24.4363 ha Sold For $1,632,000 + GST

SOLD Area 6.0567 ha Sold For $460,000 + GST

Only minutes from Te Aroha, this property has a dairy shed with in shed feed system and two homes. A picturesque farm which is mainly flat. The location alone would sell it!

In the heart of dairy country is this ideal grazing or support block. Flat, well fenced, good water source and pasture base, this property ticks all the boxes.

Excellent location, only minutes to local primary school and a short drive to Matamata. Fertile soils great for grazing or cropping. Ideal building site with commanding views over the Kaimai Range.

503 Kaitaringa Road, Piopio, Waikato

2837 State Highway 4, Mapiu, Waikato

28 Waiorangomai Road, Te Aroha, Waikato

SOLD Area 470.1132 ha Sold For $5,000,000 + GST

SOLD Area 200.4966 ha Sold For $1,450,000 + GST

SOLD Area 38.8735 ha Sold For $1,650,000 + GST

Only 15km from Piopio, this place grows grass well! Flat to easy with some medium hill, the property has been subdivided into 140 paddocks. Good water, infrastructure and fertilizer history.

30 minutes from Taumarunui or Te Kuiti, this is a great first farm or runoff opportunity. 172 ha effective of mostly rolling hills with some steeper faces. Only 1km from the local primary school, this is just the spot for a young family.

Situated only minutes from Te Aroha is this flat property nestled against the Kaimai Ranges. This serious property demands attention.

375 State Highway 4, Taumarunui, Waikato

31 Denlair Road Fordell, Wanganui

142 Pagets Road, Takapau, Central Hawkes Bay

SOLD Area 62.3 ha Sold For $950,000 + GST

SOLD Area 172 ha Sold For $3,617,000

SOLD Area 217.1778 hectares (Dairy Unit -183.1078 hectares, Run Off 34.07 hectares) Sold For $6,120,000.00

Only 2km from Taumarunui, this property has good flats flowing to rolling then steeper hills. Comfortable three bedroom home, fully deer fenced with deer handling facilities including hydraulic crush. Ample water. Great large lifestyle close to town or finishing block to add to existing operations.

A Trophy property, Tiri Moana. Is handy to town, with excellent soil types and a good balance of flat to rolling contour.

183 hectares dairy platform plus 34 hectares runoff. All flat contour, quality improvements including 34 aside shed, two homes and excellent shedding.

3

Rural Outlook Spring/Summer 2016

189 Arlington Road, Waipukurau

327 Okarae Road, Dannevirke, Tararua

1474 Te Uri Road, Dannevirke, Tararua

SOLD Area 122.5945 ha Sold For $2,400,000.00

SOLD Area 692 ha Sold For $3,170,000.00

SOLD Area 72 ha Sold For $741,000

Flat, very easy contour. 8km from Waipukurau. Four bedroom home with large living areas. Ideal finishing block.

100 hectares flat, balance easy hill. 17km west of Dannevirke. Manawatu River boundary.

This 72 ha property comes with a beautiful four bedroom brick and cedar home, two fires, one on a wetback to heat the home and water. Stunning views and lovely sheltered gardens offer peace and quiet at the end of the day. The medium to steeper contoured property is well fenced and tracked for ease of stock movement.

Piripiri Road, Dannevirke, Tararua

Armstrong Road, Dannevirke, Tararua

11 Waihi Falls Road, Dannevirke, Tararua

SOLD Area 24 ha Sold For $465,000

SOLD Area 26.70 ha Sold For $430,000

SOLD Area 310.1427 ha Sold For $2,020,000

A very good 24 ha supporting or stand alone property offering versatility to farmers and lifestylers alike. The flat to undulating contour, means working this property is very manageable by foot. 7 main paddocks and 3 holding for easy stock management, a good 2 stand woolshed, reliable water supply and the ability to cut hay off a good portion of the property means this unit is ideal for finishing stock.

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.

Lyndon is a sheep and beef property situated 43km South east of Dannevirke in the renowned Horoeka District with 281 ha effective. There is a great balance of contour comprising approximately 53 ha flat, 84 ha easy/medium, 58 ha medium and 86 ha steeper hill country allowing flexibility of farming options.

302 Kaitawa Road, Pahiatua, Tararua

63 Kohinui Road, Pahiatua, Tararua

912 Range Road, Pongaroa, Tararua

SOLD Area 346.0771 ha Sold For $2,100,000

SOLD Area 57.8723 ha Sold For $1,870,000

SOLD Area 204.5683 ha Sold For $9,100,000

Faithfully farmed by the current manager for the last 26 years and having had good fertiliser inputs has resulted in excellent stock performance. Subdivided into 44 paddocks, contours can be described as 8 ha flat with the balance easy to medium hill and some steeper sidling’s. bedroom home.

Te Kowhai, well located beside the iconic Tui Brewery and within a 30 minute drive to Palmerston North, this flat to undulating property is sure to appeal. Features include 16 fenced paddocks with excellent water, ample out-buildings and well located cattle yards connected via a central lane with the added bonus of having 40 ha currently irrigated.

Flat to medium hill country with 4 - stand woolshed with covered yards. Good fertiliser history and water supply.

Three bedroom home with log fire, single garage and carport. A strong property with good support buildings

4

249 North Road, Eketahuna

565 Mairingi Road, Bideford, Masterton

374 Lees Pakaraka Road, Masterton

SOLD Area 63.8 ha Sold For $5,700,000

SOLD Area 966.4905 ha Sold For $4,600,000

SOLD Area 426.3777 ha Sold For $3,250,000

A great opportunity to enter the dairy industry or add support land to your existing business. Flat to rolling contour with some areas of medium hill country located in the renown Nireaha farming district. Features include very good infrastructure including 26 aside herring bone cowshed, large out-buildings and a comfortable three bedroom family home.

This genuine 966 hectare sheep and beef unit is of the highest quality, and is situated 25 minutes northeast of Masterton. It contains a balance of easy to medium hill country with complementary flats, totalling 110 paddocks.

Very good access and sound water. The property contains a solid 4 bedroom family home, single mans quarters and a 4 - stand woolshed with substantial covered yards.

Pakaraka is located 8 kilometres southeast of Masterton bounding the Ruamahunga River. This versatile property has an excellent balance of quality silt flats, cultivated terrace country, north facing hills and 190 hectares of southeast facing hills.

Lees Pakaraka Road, Masterton

2180 State Highway 3, Sanson, Manawatu

1482 Rongotea Road, Kairanga, Manawatu

SOLD Area 39.2204 ha Sold For $1,410,000

SOLD Area 26.78 ha Sold For $652,000

SOLD Area 93.99 ha Sold For $3,170,000

Pakaraka is located 8 kilometres southeast of Masterton bounding the Ruamahunga river. 30 hectares of flats are under irrigation, both centre pivot and pods.

Located within 15 minutes of both Palmerston North and Feilding this 104.1576 hectare property provides the purchaser with endless possible land uses as well as a sought after location. Currently farmed as a breeding, finishing and grazing operation the surrounding land uses of dairying, cropping and dairy support show the potential of other land uses that may be considered.

93.99 ha (232.2 acres) Two houses, 28 A Side shed, standoff pad, 6 bay calf shed, 6 bay hayshed, 100,000kg/MS. Sale Price $4,455,000 RV $4,500,000 $47,393 per hectare or $19,179 per acre

830 Valley Road, Pohangina, Manawatu

139 Skerman Line, Newbury, Palmerston North

142 Skerman Line, Newbury, Palmerston North

SOLD Area 90.43 ha Sold For $1,350,000

SOLD Area 30 ha Sold For $1,390,000

SOLD Area 35.8 ha Sold For $1,594,545

Seldom do you see a property developed like this over the past six years the entire property has been refenced and regrassed, new water system installed, metaled central race system put in place as well as a capital fertilizer programme.

This 30 hectare (STS) bare land property has few peers.

Located only minutes from Palmerston North and on some of the Manawatu’s highest quality soils the property is capable of almost any pastoral or arable land use.

The 35.8 hectares has beautiful private settings and outstanding vistas making it an ideal property for a dwelling while the 30 hectares is set up to take advantage of its full productive capability.

5

Rural Outlook Spring/Summer 2016

124 Skerman Line, Newbury, Palmerston North

1324 Methven Chertsey Road, Ashburton

30 McKays Road, Rakaia, Ashburton

SOLD Area 31.38 ha Sold For $1,700,000

SOLD Area 153 ha Sold For $7,743,680.00

SOLD Area 36.9 ha Sold For $2,420,000

House, dairy shed, 2 bay implement shed, 5 bay implement shed, wintering barn, utility sheds or arable land use. Both blocks have been extensively regrassed, centrally raced and drained in recent years.

90 litres/second irrigation consent. Modern centre pivot and corner arm. New 405sqm enclosed shed and 540 tonne drying silo.

Quality soils with irrigation, good home building and multiple land use options attracted strong interest and four competing offers.

64 Winslow Westerfield Road, Ashburton

293 Hackthorne Road, Ashburton

396 McJarrows Road, Oxford, Waimakariri

SOLD Area 27 ha Sold For $1,100,000

SOLD Area 226 ha Sold For $5,800,000

SOLD Area 396 ha Sold For $4,900,000

12 litre/second irrigation water right. Very well laid out with central lane system and excellent post and netting fencing, workshop and covered yards plus 4 - bay implement/hay shed. A comfortable permanent material home in a private sheltered setting.

Deadline sale achieved five offers. Dairy support with Mayfield Hinds borderdyke irrigation with potential of pressurised piped water.

Smaller scale dairy farm, modern improvements including 40 a-side herringbone shed and executive style main homestead. Mix of pivot and k-line irrigation.

276 Powells Road, Oxford, Waimakariri

182 Galbraith Road, Temuka, Timaru

SOLD Area 474.94 ha Sold For $1,530,000

SOLD Area 68.7966 ha Sold For $1,350,000.00 + GST

Well located arable/grazing block close to Oxford, versatile arable soils, tidy three bedroom home.

68.7966 hectares of productive land including a well maintained four bedroom villa with all day sun mature gardens. Good infrastructure, with a 2 stand raised board shearing shed, 3 bay implement shed plus an enclosed additional bay with concrete floor, workshop and double garage plus a 5 bay hay barn.

Your farm could be next!

6

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Waikato/ King Country

Waikato property values ride the fortunes of New Zealand farming.

That’s especially so this spring with the forecast milk price recovery, continued strength in beef and heightened interest in the sector from urban investors. Water issues also loom large, with intense focus on Environment Waikato’s proposals for on-farm nutrient management and pressure on supply for new irrigation.

The spring has seen a slower start to new listings and sales than usual, but activity is expected to pick up from now on. All eyes are on several large dairy properties now coming onto the market including one near Hamilton, an operation that uses robotic milking and other technologies at the leading edge of New Zealand dairying. The property will be auctioned on 8 December.

Region-wide, dairy farm prices are poised to recover from the impact of two years’ depressed milk pricing. There has not been a deluge of sales as earlier feared but certainly values have been depressed since 2013. Several smaller units have sold recently at prices down around 30% compared with just last autumn. Nonetheless, confidence is now returning on the back of spring grass growth and the forecast upturn in milksolids payout for 2016-17. Recovery in dairying will flow onto drystock land values due to the traditional mixed use of much of the Waikato’s good grazing land. Current beef prices make cattle finishing an attractive option alongside dairy support. The pace of recovery will hinge on the price expectations of buyers and sellers, many of the former still looking to buy at last year’s levels or lower. Vendors, on the other hand, may have to moderate their optimism.

The Waikato is beginning to see some structural shift away from dairying, driven by three factors: moderating expectations of return on investment over the longer term, Environment Waikato’s proposals on nutrient and the pressure on irrigation. Conversions from forestry to pasture have slowed in the South Waikato,

including the cancellation of one large project this spring. There is also a general move to reduced herd sizes as farmers increase their focus on cost control.

Dairying does, of course, remain a very attractive industry to many investors. The Waikato – northern and central in particular – has an increasing pull on capital from Auckland and further afield. Investors are looking for better returns than now available in local and global debt markets, and other property sectors, especially if dairy farms can be secured at or near the cyclical low point. Lifestyle is also a strong attraction for buyers who have cashed-up in the Auckland market.

Your Local Sales Consultants Allister Coombe 027 507 7622 allister@propertybrokers.co.nz Michael Swney 027 624 8214 michaels@propertybrokers.co.nz Trevor Kenny 021 791 643 trevor.kenny@propertybrokers.co.nz John Donderwinkel 027 435 7259 johnd@propertybrokers.co.nz Hugh Williams 027 507 7622 hugh@propertybrokers.co.nz Katie Walker 027 757 7477 katiew@propertybrokers.co.nz Greg Kellick, Waikato Regional Manager 027 619 3051 greg.kellick@propertybrokers.co.nz 8

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

Unique opportunity

OPEN FARM

TE AROHA 5196 State Highway 26 – 43.64 ha An adventure playground awaits the new owner, combining lifestyle with income. Very rarely does a property like this come onto the market. This 43.64 ha block on Te Arohas town boundary boasts a four bedroom home with a large lounge which opens out to a huge deck with encompassing views. The kitchen, like the bathroom, are modern and practical. The fencing and races are of a high standard while the stock water is pumped from a stream to all 26 paddocks. The land is a mixture of

WEB ID TAR01367 flat to rolling with some steeper areas while the pasture is all in good heart.

There is ample shedding with a 3 bay carshed, a large standalone double carshed, a round haybarn and good cattle yards.

With hunting, fishing, tramping and the beach close by plus the added advantage of being able to bring in a nice income, this tidy and well presented property ticks all the boxes.

TENDER

VIEW 8 & 15 & 22 & 29 Nov 10.00 12.00pm TENDER closes Wednesday 7th December, 2016 at 4.30pm, (unless sold prior) Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

4

Allister Coombe

Mobile 027 507 7622 allister@propertybrokers.co.nz

1

www.propertybrokers.co.nz 9

Rural Outlook Spring/Summer 2016

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

Large scale dairy unit

OPEN FARM

MORRINSVILLE 180 Manuel Road – 525 ha This 525 ha dairy unit, approximately 15km north of Morrinsville is comprised of 8 titles. The property has a mixture of contour including flat, easy rolling and steep hill.

Farm improvements include a 50 ASHB cowshed built in 2012 with a 10 million litre effluent pond and weeping wall, 600 cow feedpad, 6 dwellings, 2 silage bunkers and various other farm buildings.

WEB ID TAR01351

BY NEGOTIATION + GST (IF ANY)

Currently milking 830 cows with VIEW 9 & 16 Nov 11.00 - 1.00pm production around 250,000 kg.ms. All young stock and supplement made on farm. Stock available to be purchased at valuation.

Option 1: 525 ha. Option 2: 320 ha dairy unit. Option 3: 205 ha support block.

Allister Coombe

Mobile 027 507 7622 allister@propertybrokers.co.nz

Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

www.propertybrokers.co.nz 10

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

Grass factory

OPEN FARM

KOMATA 546 Maratoto Road – 48 ha If you want fertile, free draining, highly productive land with healthy pastures and an excellent fertiliser history, then please don't pass this property up.

Situated just north of Paeroa, on Waihi Ash soils, is this bare land block of 48 ha (more or less) with 28 paddocks, excellent fencing and water supply.

Infrastructure consists of new cattle yards, a 16 x 9 sqm 5 bay implement shed / storage shed and a disused cow

WEB ID MAR52038 shed converted to a calf rearing shed.

At present it is run as an Angus beef stud but would be ideal for dairy grazing, cropping or intensive beef fattening. There is approximately 3 ha of pine trees on the steeper areas.

Priced to sell as a turnkey operation with absolutely nothing to spend.

BY NEGOTIATION

VIEW Tuesday 18 Oct 10.00 12.00pm

Trevor Kenny

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

Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

www.propertybrokers.co.nz 11

Rural Outlook Spring/Summer 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

Iconic land investment opportunity

WHANGAPOUA HARBOUR 234 Opitonui Road – 437 ha The owners have favoured Property Brokers to offer this large slice of prime Coromandel real estate to the market.

Consisting of 437 ha (1,080 acres more or less) in 6 titles, this coastal property has numerous land use options, unbounded recreational pursuits with surrounding bush and pine plantations and, most of all, access to the beautiful ocean and islands with Matarangi Resort close by. Currently the vendors are farming the property as a beef fattening and dairy support proposition

WEB ID MAR52024 as the 2 dairy sheds have been VIEW By Appointment decommissioned for 2 seasons. Contour is flat to easy with pine lots on steeper sidlings. Pastures are strong Rye and Clover mixes with over 200 paddocks connected to lanes and tracks throughout. Infrastructure includes 2 dairy sheds, numerous implement and storage sheds and haybarns.

Housing consists of three, three bedroom homes all in good repair and a substantial homestead at the head of the valley with commanding views.

BY NEGOTIATION

Trevor Kenny

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

Michael Swney

Mobile 027 624 8214 michaels@propertybrokers.co.nz

www.propertybrokers.co.nz 12

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

Subdivision, land bank, high-tech dairy

OPEN FARM

PUKETAHA 358a Holland Road – 72.7 ha Property Brokers have been favoured with instructions to offer this high-tech dairy farm of 72.7ha (180 acres more or less) with 16 separate titles, which is close to Hamilton City for sale by auction on the 8th December 2016. The robotic milking system, along with an extensive self feeding barn allows for voluntary self milking on a 24/7 basis with automatic drafting gates to allow unimpeded cow movement to and from the shed. Infrastructure consists of 6 large concrete feed bunkers, near new

WEB ID MAR52334 calf rearing shed, 4 robotic milking plants, large self feeding barn, effluent separator and numerous other supporting buildings. A well presented 4 bedroom homestead with double garaging completes the picture. Most importantly, the 16 separate titles enable subdivision opportunities and the possibility of semi-intensive subdivision with boundary adjustments which would enable the continuation of farming systems with retained titles as a further option.

AUCTION

VIEW 10 & 17 & 24 Nov & 1 Dec 12.00 - 2.00pm AUCTION 1.00pm, Thu 8th Dec, 2016, (unless sold prior)

Trevor Kenny

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

www.propertybrokers.co.nz 13

Rural Outlook Spring/Summer 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

Supreme location

MATAMATA 7917c State Highway 27 – 58 ha I am privileged to exclusively offer for sale this outstanding property of 58 acres (more or less) in the golden triangle of the Waikato.

Situated within 6 minutes of Matamata, a 40 minute drive to Tauranga and with both Tirau and Cambridge close by, this offers alternatives for schooling, shopping and recreational pursuits. The land consists of fertile, free draining sandy loam soils on flat contour with stunning views over the Kaimais and surrounding countryside offering

WEB ID MAR50107 amazing building sites. There is a new water bore along with recently erected cattle yards + crush and an older shed at the rear of the property. Current income is derived from dairy grazing but this property lends itself to cropping, beef fattening or equine management with the Matamata race course nearby.

This is an absolute gem of a property and is for definate sale.

BY NEGOTIATION

VIEW By Appointment

Trevor Kenny

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

www.propertybrokers.co.nz 14

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

KING COUNTRY 131 Rora Street Te Kuiti tekuiti@propertybrokers.co.nz 07 878 8266

Handy finishing property

TE KUITI 370 State Highway 3 – 102 ha 102 ha (235 acres). This well located finishing property, only 4km south of Te Kuiti, has to be the answer for the hill country farmer unable to finish all their lambs or cattle.

Because of it's proximity to the local sale yards, this would also make a great trading block. Contour ranges from flat to medium hill all with conventional fencing. Water is from springs as well as some trough water.

WEB ID TER37269

$1,690,000 + GST (IF ANY)

Infrastructure consists of 2 houses and a VIEW By Appointment 2 stand woolshed with adjacent cattle yards and load out ramp.

The property lends itself to a young farmer with a partner working in town.

Hugh Williams

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

www.propertybrokers.co.nz 15

Rural Outlook Spring/Summer 2016

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

KING COUNTRY 131 Rora Street Te Kuiti tekuiti@propertybrokers.co.nz 07 878 8266

Business or private retreat

PUREORA FOREST PARK 1731 Ongarue Stream Road – 8.45 ha Set in natures own surroundings, in the heart of the King Country, you will find the award winning Blackfern Lodge.

This iconic recreational business, established in 1998 is for sale. 8.45 hectares in 4 titles is bounded by 1.5km of pristine river water known as the Ongarue Stream.

Presently run as a business catering for up to 24 people per night in The Lodge and The Forge, this unique property is home to many native birds and wildlife including Whio (Blue Duck) which is

WEB ID TEL47556 only found where water is of excellent VIEW By Appointment quality, Kiwi, Gloworms and Rainbow Trout.

Blackfern is probably best known for its association with the Timber Trail which is one of the most interesting bike rides in the North Island. From small beginnings, this ride has grown to cater for over 10,000 cyclists a year, many of whom pay Blackfern Lodge a visit during their travels.

Can be purchased in part or as a whole.

$1,250,000 + GST (IF ANY)

Hugh Williams

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

24 + 3+

www.propertybrokers.co.nz 16

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

KING COUNTRY 131 Rora Street Te Kuiti tekuiti@propertybrokers.co.nz 07 878 8266

Well balanced starter farm

OPEN FARM

TAUMARUNUI 5166 State Highway 4 – 191 ha Located 19km North of Taumarunui is this great starter farm or run off. 191 ha total 183 ha effective made up of approximately 50 ha of flats, with some rolling hills and the balance steeper hill country. The farm has a reliable reticulated water system with electric fencing and has historically been used for cattle finishing and dairy grazing, with some breeding ewes on the hills.

The farm comes with a tidy two bedroom cottage with sleep outs, 3 stand woolshed, sheep and cattle yards

WEB ID TUR52369 and other farm buildings. To complement this freehold block is a 240 ha Maori Lease farm that boundaries the property and has been farmed with it for over 20 years. This farm offers many opportunities to start your farming business or grow it!

DEADLINE SALE

VIEW 9 & 16 & 23 Nov 11.00 1.00pm DEADLINE SALE closes Thursday 8th December, 2016 at 4.00pm, (unless sold prior)

Katie Walker

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

www.propertybrokers.co.nz 17

Rural Outlook Spring/Summer 2016

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

KING COUNTRY 131 Rora Street Te Kuiti tekuiti@propertybrokers.co.nz 07 878 8266

Deer or fattening

OPEN FARM

TAUMARUNUI Brightwell Road – 85 ha Only 8km from the township of Taumarunui is this exciting opportunity to purchase 85 ha of performing hill country. This block has been loyally farmed and developed into a very useful deer breeding block or small finishing farm close to town. It is fully deer fenced with a deer shed and hydraulic crush and adjoining cattle yards and has a good fertiliser history and a west facing aspect. There is no house on the property, but multiple house sites with rural views of Ruapehu for you to

WEB ID TUR52047

DEADLINE SALE

choose from. All this on Brightwell Road VIEW 27 Oct & 3 & 10 Nov 11.00 in the Echolands Valley of Taumarunui, 1.00pm surrounded by other proven deer farms, DEADLINE SALE closes Thursday this one is no exception.

17th November, 2016 at 4.00pm, (unless sold prior)

Katie Walker

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

www.propertybrokers.co.nz 18

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

KING COUNTRY 131 Rora Street Te Kuiti tekuiti@propertybrokers.co.nz 07 878 8266

Oio Farms

TAUMARUNUI 60 Bullians Road – 1457 ha Property Brokers proudly present this 1457.39 ha 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. Farm improvements include a 6 stand woolshed, three sets of cattle and sheep yards, underpasses for both the

WEB ID TUR48715 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 460m2, five 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.

BY NEGOTIATION

VIEW By Appointment

Katie Walker

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

www.propertybrokers.co.nz 19

Rural Outlook Spring/Summer 2016

Rangitikei, Wanganui & Manawatu

Wanganui is excellent sheep and beef country with farms traditionally under tight family ownership.

nationwide – and at the same time, spurred the search for value among the sector’s investors.

Generally listings meet keen interest from farmers within the region – and that continues to be so in 2016. Tirimoana Farm is a good example: This high quality finishing property of 172 hectares near Fordell, came onto the market last autumn and sold well to local farming interests. The winter saw nine farm sales, double the number for the corresponding months in 2015 but still quiet relative to earlier years. The new season is expected to follow the same pattern while lamb prices remain at current depressed levels and existing owners focus on farming through and keeping their options open.

The market saw a quiet start to spring but listing activity has picked up in October. In one indicator of emerging new demand for Manawatu dairy country, Property Brokers sold a prime block of dairy or bull beef grazing land near Palmerston North this winter for $49,000 per hectare, significantly above the prevailing level of recent seasons. There is a broad expectation that more buyers and sellers will come off the sidelines at the next lift in farmgate milk prices.

Wanganui has few dairy farms and only three have sold so far in 2016, one of these for conversion to cropping. In fact, its gentle contour and good rainfall could make this region suitable for dairying in the future, especially given its proximity to Fonterra’s Hawera site and the recent expansion of Open Country’s plant at Wanganui.

The Rangitikei is acknowledged as having further potential for dairying in addition to the signficiant number of established operations. There have been a handful only of livestock farms listed so far this season. Honey production is increasingly important to the Rangitikei, access to manuka stands becoming another demand driver.

Manawatu is gaining further recognition as a prime region for dairying as milk prices recover in 2016 -17. Further pickup in the forecast payout is expected to invigorate the market for dairy properties in the Manawatu, where prices per hectare have been well down from Waikato, Taranaki or Canterbury. Two years of depressed payout have injected new caution into dairy farming

The market for livestock farms is steady with 21 grazing or finishing properties sold during the September quarter. This is consistent with the corresponding months of 2015, and prices are also little changed. Generally the Manawatu offers buyers a good range of flat and hill country properties, although without farms generally acknowledged as spectacular in size and/or location (of the kind found in various other regions). The Manawatu is advantaged by its typically high rainfall and central location in the lower North Island.

Your Local Sales Consultants Richard White 027 442 6171 richardw@propertybrokers.co.nz Stuart Sutherland 027 452 1155 stuarts@propertybrokers.co.nz Blair Cottrill 027 354 5419 blair@propertybrokers.co.nz Simon Manthel 027 430 1783 simon@propertybrokers.co.nz

Rangitikei

MARTON

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

266 Broadway MARTON marton@propertybrokers.co.nz 06 327 0070

Mortgagee Auction - Farmers, developers

MORTGAGEE

TURAKINA 1433 State Highway 3 – 52 ha Lake Heaton Development is being offered for sale as the entire block of 51.6562ha, it is well suited to farmers and developers. Located on SH3 about half an hour drive from Palmerston North, the property sits prepped ready to be taken to the next stage. For the developers, the hard work has been done. It is currently divided into 4 titles, with a further 5th title approved subject to final survey. With 3 of the blocks bounding onto a 14ha private lake, there is a remarkable opportunity to

WEB ID MTR51372 take advantage of the potential .

• Block 1- Bareland approx.-7.4ha • Block 2- Large high stud steel portal shed, lake views on approx.- 7.3ha • Block 3- Sheltered sand country block with Lake views approx.- 14.6ha • Block 4- Homestead and large stable complex, lake access approx.- 10ha • Block 5- Cottage on approx.- 12.33ha

MORTGAGEE AUCTION

VIEW By Appointment AUCTION 2.00pm, Fri 25th Nov, 2016, The Cooperage Conference Room, 723 Main Street, Palmerston North

Richard White

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

www.propertybrokers.co.nz 21

Rural Outlook Spring/Summer 2016

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

FEILDING 54 Kimbolton Road FEILDING feilding@propertybrokers.co.nz 06 323 5544

Avington Dairy Farm

AORANGI 300 Taonui Road – 71.5 ha Seldom do farms like this come to the market; within 10 minutes of town, fully irrigated, rotary cow shed with ACRs, feed pad, excellent support buildings, two dwellings, an additional 10 hectare milking platform lease and with a production record to match the impressive list of features.

The entire milking platform is irrigated

by K-Line system sourced from the 98 metre bore, consented through until 2027. Buildings include a 28 bale rotary

WEB ID FR52338 cowshed with automatic cup removers, 300 cow feed pad, excellent calf sheds and 2 dwellings.

With summer pasture production guaranteed by irrigation and winter pasture damage mitigated by the use of the feed pad, this dairy farm must appeal to those looking for a first farm or a highly productive easily managed property.

TENDER

VIEW By Appointment TENDER closes Monday 19th December, 2016 at 11.00am, (unless sold prior), Property Brokers, 54 Kimbolton Road, Feilding

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538 blair@propertybrokers.co.nz

Stuart Sutherland

Mobile 027 452 1155 Office 06 323 5544 Home 06 323 7193 stuarts@propertybrokers.co.nz

1

www.propertybrokers.co.nz 22

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

FEILDING 54 Kimbolton Road FEILDING feilding@propertybrokers.co.nz 06 323 5544

Support/Lifestyle Block

AORANGI 223 Reid Line East – 23.5 ha Located on the corner of Taonui Road and Reid Line East, Feilding, this 23.55 hectare property in 2 titles offers an opportunity to own an excellent support block or a property to build your dream home on.

With easy access to power, independent water, flat contour, two road frontages and located only minutes from Feilding this property suits a multiple of uses including dairy support, cropping, beef and lamb

WEB ID FR52276 finishing or a lovely location to build a home on.

TENDER

VIEW By Appointment

TENDER closes Monday 19th Such a productive parcel of land in this December, 2016 at 11.00am, (unless location will generate a lot of interest so sold prior), Property Brokers, 54 call today to ensure you do not miss out Kimbolton Road, Feilding on this opportunity.

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538 blair@propertybrokers.co.nz

Stuart Sutherland

Mobile 027 452 1155 Office 06 323 5544 Home 06 323 7193 stuarts@propertybrokers.co.nz

www.propertybrokers.co.nz 23

Rural Outlook Spring/Summer 2016

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

FEILDING 54 Kimbolton Road FEILDING feilding@propertybrokers.co.nz 06 323 5544

60 ha dairy unit

WOODVILLE 25 Knight Road – 60 ha Only 10km from Woodville and 35km from Palmerston North, this property presents an outstanding opportunity to first farm buyers or existing farm owners to complement their existing business.

WEB ID FR52008

Improvements include a four bedroom home, a 10 aside herringbone cow shed, 7 bay implement shed and a 3 bay hayshed.

With a production history of over Currently being run as a dairy unit, the 47,000kg ms and high quality soils this Heretaunga and Matamau silt loam soils dairy farm offers real value for money, provide a multiple of other possible land whether you use per kg ms or per uses including calf rearing, dairy hectare as your gauge of value, call support, finishing and supplement today to view. production.

TENDER

VIEW By Appointment TENDER closes Tuesday 8th November, 2016 at 3.00pm, (unless sold prior), Property Brokers 54 Kimbolton Road, Feilding

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538 blair@propertybrokers.co.nz

Jared Brock

Mobile 027 449 5496 Office 06 376 4823 Home 06 376 6341 jared@propertybrokers.co.nz

www.propertybrokers.co.nz 24

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

FEILDING 54 Kimbolton Road FEILDING feilding@propertybrokers.co.nz 06 323 5544

Greatford Dairy Farm

MARTON 848 / 867 State Highway 1 – 121 ha Located just 10km north of Marton, this extremely well appointed Dairy Farm is one of Rangitikei's best performing operations. With historical average production of 1,422kg milk soilds per hectare and 453kg per cow.

WEB ID FR48082 recently upgraded fully consented effluent system and a full range of excellent condition auxiliary buildings.

With all the capital developments complete, this property represents an exciting opportunity to take your level Improvements include a 30 aside of performance to the next level or own Herringbone Dairy Shed, herd home and a farm that returns at the highest level feed pad, two houses including a under any management system from modern four bedroom main home, day one. Inspection will not disappoint so call today to view.

TENDER

VIEW By Appointment TENDER closes Wednesday 7th December, 2016 at 11.00am, (unless sold prior), Property Brokers, 54 Kimbolton Road, Feilding

Stuart Sutherland

Mobile 027 452 1155 Office 06 323 5544 Home 06 323 7193 stuarts@propertybrokers.co.nz

Blair Cottrill

Mobile 027 354 5419 Office 06 323 1538 blair@propertybrokers.co.nz

www.propertybrokers.co.nz 25

Rural Outlook Spring/Summer 2016

Hawke’s Bay

Hawke’s Bay is having an excellent spring.

Activity in the region’s property market has been relatively subdued recently, with 12 livestock grazing or finishing properties changing hands in the September quarter. The dominant theme is strategic buying by farmers who seek to expand or reconfigure production within their own region.

The Hawke’s Bay has yet to see the return of many buyers wanting to relocate there after selling bigger properties in other parts of New Zealand, notably Canterbury. This was certainly a factor before 2015.

Dairy farms continue to be tightly held, with multiple units under one ownership. There have been no dairy sales in recent months.

The market is keenly awaiting next steps on the Ruataniwha Water Storage Scheme, especially given uncertainties over its continued support from the Hawke’s Bay Regional Council post the October local body election and over a legal challenge from conservationists.

The scheme includes a dam on the upper Makaroro River to control water flows and to enable irrigation on up to 30,000 hectares of productive land.

If it proceeds, the scheme is not expected to bring any substantial shift to dairy conversions but, instead, to support a range of land uses. This will definitely have an impact on values in the Central Hawkes Bay, with activity expected to pick up once the future of the Ruataniwha Scheme is confirmed under any scenario.

Your Local Sales Consultants Carl Van der Meer 027 493 5525 carlv@propertybrokers.co.nz Pat Portas 027 447 0612 patp@propertybrokers.co.nz Shaun Tong 027 443 9041 shaunt@propertybrokers.co.nz Mike Hellyer 027 444 1385 mike.hellyer@propertybrokers.co.nz

Central 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

The Steyning

AUCTION

CENTRAL HAWKES BAY 1200 Makaroro Road, Tikokino – 317 ha Situated in Central Hawke's Bay on the preservation of the extensive Totara east coast of the North Island, 45 population. minutes south of Napier. Situated in a summer moist location, the easy rolling Improvements include three bedroom hills are complemented by approximately homestead and extensive deer handling 100 hectares of flats. facilities, wool shed, cattle yards and loose boxes for horses. Presently utilized An aesthetically appealing property with as a deer breeding/finishing operation, a conservation theme being adhered to supplying 70% of all progeny into an over a number of years, with integrated supply chain, throughout development and enhancement of New Zealand and the United Kingdom. wetland areas, native plantings and

WEB ID WR52340

AUCTION

VIEW By Appointment AUCTION 2.00pm, Tue 13th Dec, 2016, Waipukurau Club, Russell Street, Waipukurau

Pat Portas

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

3 3

www.propertybrokers.co.nz 27

Rural Outlook Spring/Summer 2016

Central 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

Glendee

CENTRAL HAWKES BAY 1045 Nicholls Road, Waipukurau – 173 ha 173 hectares situated in the Flemington fertilised pastures are in excellent order district, 16km south of Waipukurau. with large areas regrassed over the last Approximately 40 hectares alluvial flats few years. with the balance easy-medium hill with the odd steeper sidling.

A strong property in a popular farming location presently breeding and Improvements include an excellent finishing both sheep and cattle. reticulated water scheme from a permanent dam, 3 std woolshed, sheep yards, cattle yards, implement sheds and hay barns. Fenced into 36 paddocks by way of conventional and permanent 4-5 wire electrics. The well

WEB ID WR52339

BY NEGOTIATION

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 28

Selling farms is our business and we’ve been successfully doing it for over three decades

Since 1986, Property Brokers has built its reputation on relationships, commitment and trust. With over 500 salespeople and staff throughout the provincial heartland of New Zealand, we’re dedicated to providing great results for our clients.

Our rural sales consultants provide a great blend of expertise generated from years of experience along with an infusion of recent entrants who bring fresh enthusiasm and energy. When you sell with us, you get the combined expertise and network of all our people working together.

Manawatu Based in Feilding, the Manawatu rural team have a wealth of local knowledge and experience. Stuart Sutherland and Blair Cottrill together have sold millions of dollars worth of farms in their years with Property Brokers.

Wanganui / Rangitikei Richard White has a large, established network of business relationships. With his years farming and contracting, Richard has built up a wealth of knowledge and keeps very busy.

29

Rural Outlook Spring/Summer 2016

Tararua The experienced duo of John Arends and Phil Wilson, now with former Turbos rugby player and local Jared Brock alongside them, have dominated the Tararua district for many years, Jared brings a fresh approach and an eye for the future growth of the business. Jim Cripin, a well known local identity from his years in banking and as a rural realtor, has recently joined Property Brokers Dannevirke.

Hawke’s Bay The Property Brokers Hawke’s Bay team are based in Waipukarau and have an enviable track record of property transactions. Led by Pat Portas they have the knowledge and expertise to maximise your farm’s value.

Waikato In 2012 Property Brokers established themselves in the Waikato and now has a strong team of nine strong rural realtors servicing the Waikato/King Country area from Matamata, Te Aroha, Te Kuiti and Taumarunui. This is a rapidly growing team who will be a foundation for us in the Waikato .moving forward.

Wairarapa We’ve been selling Wairarapa farms for over two decades and have the rural expertise to be your first port of call whether thinking about buying or selling. Led by Paul Joblin, Paul’s experience and mana has seen him involved in hundreds of sales.

South Island Property Brokers in the South Island has a reputation built up over 40 years in the business and is represented by some of the most capable and dedicated rural realtor’s in New Zealand it has ten branches spread throughout Canterbury, West Coast and North Otago.

Property Brokers are members of the NZ Realtors Network, a group of independent realtors who are market leaders in their patch. This referral network means your farm is represented nationally and that we can help rural people move anywhere in the country.

With strong support systems, the Property Brokers rural team have the backup of a team of dedicated marketing and IT professionals, that ensures that your farm is marketed competitively to local, national and international markets.

Property Brokers enjoys a significant market share of the rural real estate market, particularly in areas where the brand is well entrenched. If you’re looking to sell, call us first.

Property Brokers Rural.

It’s all about the team!

30

Central 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

Quality small farm - Rototahi

AUCTION

CENTRAL HAWKES BAY 341 Hatuma Road, Waipukurau – 100 ha large English gardens with meandering Situated on the doorstep of Waipukurau. Predominantly all flat stream and spring flowering contour with soils eminently suited to ornamentals. finishing livestock or the growing of process vegetables.

Farm improvements include: The property runs down to Lake Hatuma * large covered sheep handling complex which forms the Eastern Boundary. * three stand woolshed Presently leased as a finishing block for * implement sheds. both sheep and cattle, Rototahi was once the home of a Border Leicester "A quality small farm with a reputable Sheep Stud and Shorthorn Cattle Stud. reputation for producing quality stock."

The four bedroom homestead is set in

WEB ID WR51954

AUCTION

VIEW By Appointment AUCTION 2.00pm, Thu 17th Nov, 2016, Waipukurau Club, Russell Street, Waipukurau

Pat Portas

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

4 1

www.propertybrokers.co.nz 31

Rural Outlook Spring/Summer 2016

Central 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

Graybond Holdings

CENTRAL HAWKES BAY 3245 State Highway 2, Waipukurau – 108 ha Situated 10km west of Waipukurau on opportunity that irrigation will bring to State Highway 2. All flat contour on this block. two terraces comprising a mix of alluvial Presently utilized as a cattle grazing sandy and silt loams. The Maharakeke block but in the past has been utilized Stream forms the southern and eastern as a cropping block for both process boundary providing for permanent and cereal crops. water which is reticulated to all paddocks. Improvements on this 'bare land' block include hay barns, sheep and cattle yards. Situated inside an irrigation zone of the proposed R.W.S.S, a discerning purchaser will recognize the

WEB ID WR50486

BY NEGOTIATION

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 32

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

Immaculate lifestyle

CENTRAL HAWKES BAY WEB ID WR52289 2/82 Station Road, Waipukurau – 19 ha 15km west of Waipukurau. All flat in maintenance three bedroom home, VIEW By Appointment two terraces of quality soils. The lower featuring open plan kitchen/family terrace is bounded by the Maharakeke room, formal lounge/dining room, three Stream. double bedrooms, ensuite and ducted vacuum system. Three bay garage, small Six main paddocks that have been sheep/cattle yard. further subdivided to provide for twelve paddocks.

The home has an excellent northerly outlook towards the Ruahine ranges.

Pat Portas Water is reticulated to most paddocks Mobile 027 447 0612 from a permanent bore.

Office 06 928 0521 Improvements include; a first class, low

Home 06 855 8330 patp@propertybrokers.co.nz

$820,000

3 2 2

www.propertybrokers.co.nz 33

Rural Outlook Spring/Summer 2016

Tararua

Farm sales are up in Tararua this spring as more people recognise the district’s potential in both dairying, and sheep and beef. Rainfall is higher than in the Wairarapa to the south and Hawkes Bay to the north, and land values have traditionally been lower. Tararua is centrally located on the lower North Island east coast. Market activity is currently at its highest level for some years, as several farmers in the district look to upscale and new interest arrives from outside.

Most notable so far this season has been the Property Brokers sale of the 1404 hectare Marainanga Station, on the coast.

Marainanga, known for its large historic homestead and wool shed, has hill country and river flats with a total carrying capacity of 8000 stock units.

The plains between Eketahuna and Norsewood have long been dairy country with a wide diversity of farm sizes. Current and expected listings include properties on which owners have seen this as the time to trade up. Top dairy farm prices in recent years have been around $40,000 per hectare. Fonterra gave the district a boost in 2015 when it invested $235 million in a third milk drying plant at its Pahiatua site.

Buying interest is generally from people clearly knowledgeable on farming in the lower North Island and aware of new nutrient management requirements under Horizons Regional Council’s One Plan. Potential purchasers appear to be taking account of the prospect that stocking rates on some country will be restricted and additional costs could arise for effluent disposal and fencing.

Your Local Sales Consultants John Arends 027 444 7380 johna@propertybrokers.co.nz Phil Wilson 021 518 660 philw@propertybrokers.co.nz Jared Brock 027 449 5496 jared@propertybrokers.co.nz Jim Crispin 027 717 8862 jimc@propertybrokers.co.nz Nigel Jackson 027 245 3695 nigel@propertybrokers.co.nz

Tararua

TARARUA

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

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

Ultimate first farm

PAHIATUA 289 Pori Road – 212 ha Situated in the Pori district east of Pahiatua, renowned for strong limestone country, reliable rainfall and consistent stock performance.

This property is in immaculate condition and is set up for easy management with a central lane and strategically situated satellite yards.

Contour comprises of 9ha flat with the balance of the effective area of 200ha being medium to steeper hill, mainly of a north westerly aspect and road access at both ends of the farm.

WEB ID PR52372 Regular fertiliser history coupled with reliable water ensures the new owner can hit the ground running and reap the rewards of the inputs the current owners have made over the past 25 years.

Other improvements include a comfortable 4 bedroom bungalow, implement shed plus 2 stand woolshed with 500 night pen/covered.

Priced to sell, don't miss this opportunity to secure that first farm or add on block.

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

VIEW By Appointment

John Arends

Mobile 027 444 7380 Office 06 376 4364

Jared Brock

Mobile 027 449 5496 Office 06 376 4823

4 1

Phil Wilson

Mobile 021 518 660 Office 06 376 5478

3

www.propertybrokers.co.nz 35

Rural Outlook Spring/Summer 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

Finishing property

DANNEVIRKE McGibbon Road – 118 ha This ideal finishing property is located just 13 km's east of Dannevirke in the Waitahora District.

The effective area of 105ha with 24ha being flat, a further 64ha considered tractor country and the remainder being easy/medium hill.

The ineffective area consists of several lots of well tendered pines and a recreational dam.

The property features quality infrastructure consisting of a 3 stand woolshed (600np), cattle yards with

WEB ID PR52452 load out and crush and a large set of sheep yards, all in very good order.

The property presents a walk-in opportunity with excellent fertiliser history, good reticulated water and a high standard of fencing and location.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Thursday 1st December, 2016 at 2.00pm, (unless sold prior), Property Brokers, 129 Main Street, Pahiatua

Jared Brock

Mobile 027 449 5496 Office 06 376 4823 Home 06 376 6341 jared@propertybrokers.co.nz

Jim Crispin

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

www.propertybrokers.co.nz 36

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

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

Outstanding dairy business

DANNEVIRKE 651 Top Grass Road – 125 ha plus 36 ha This well located dairy property just with open plan design, 4 bedrooms, 2 6kms from Dannevirke on Top Grass bathrooms, triple car garaging and Road is 125ha of flat dairy platform outdoor entertaining area. A 24 aside which is well supported by two smaller herring bone shed is centrally located to properties within 6kms totalling 36ha. the operation with 380 cow yard, cup Peak milking 310-320 cows for a three removers and inshed feeding which is year average of 125,000 kgMS the well accessed by very good racing. A property has excelled through second 3 bedroom home on a separate consistent fertiliser application and an title provides options for incoming ongoing regrassing programme taking purchasers for staff housing or extra advantage of the properties well sought rental income. You will rarely find a after soil types. A 2008 built 379 square more complete operation in an iconic metre home provides exceptional living location.

WEB ID PR52273

TENDER

VIEW By Appointment TENDER closes Thursday 8th December, 2016 at 2.00pm, To be confirmed

Jared Brock

Mobile 027 449 5496 Office 06 376 4823

John Arends

Mobile 027 444 7380 Office 06 376 4364

Jim Crispin

Mobile 027 717 8862 Office 06 374 8102

www.propertybrokers.co.nz 37

Rural Outlook Spring/Summer 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

Waiwera Station

PAHIATUA 1091 Kopikopiko Road – 674 ha Only 26km south west of Pahiatua against the Tararuas is Waiwera Station, an exceptionally well balanced 674ha sheep and beef property.

The property offers great finishing capability with approximately half of the area cultivable and of that about 200 ha of flat to easy rolling contour.

Currently farmed with a sheep/cattle ratio of around 50/50, the property has continually received excellent fertiliser inputs and ongoing development creating great livestock performance.

WEB ID PR51958 Accommodation is well provided by a superior four bedroom plus office executive type home plus two other comfortable three bedroom homes.

Farm infrastructure includes a centrally located 3 stand raised board woolshed and covered yards (1000np), 3 cattle yards, a large range of implement and hay sheds as well as a second older 2 stand woolshed.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Wednesday 16th November, 2016 at 2.00pm, (unless sold prior), Offers to be submitted to Property Brokers, 129 Main Street, Pahiatua

Phil Wilson

Mobile 021 518 660 Office 06 376 5478 Home 06 376 7238 philw@propertybrokers.co.nz

Jared Brock

Mobile 027 449 5496 Office 06 376 4823 Home 06 376 6341 jared@propertybrokers.co.nz

www.propertybrokers.co.nz 38

Tararua

TARARUA

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

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

East Estate

KUMEROA 520 Jackson Road – 153 ha Located 20kms south of Dannevirke in the highly regarded Hopelands district is East Estate, a self contained dairy unit comprising 80 ha flat platform with the remainder flat to easy/medium hill support country. Currently milking 175 cows producing 73,661kgMS in the 15/16 season with all stock wintered on the property including all replacements.

Infrastructure consists of a 14 aside H/B cowshed, ample shedding, cattle yards and a woolshed utilised for calf rearing.

The main dwelling is a 4 bedroom

WEB ID PR52392 Californian bungalow with a 3 bedroom cottage providing staff accommodation.

East Estate provides a walk in operation as a first farm or development opportunity with good races, water supply and fertiliser history in place.

Available as a going concern .

Tender closing 2pm Friday December 2nd 2016, Property Brokers Pahiatua LTD

TENDER

VIEW By Appointment TENDER closes Friday 2nd December, 2016 at 2.00pm, (unless sold prior)

Jared Brock

Mobile 027 449 5496 Office 06 376 4823 Home 06 376 6341 jared@propertybrokers.co.nz

Phil Wilson

Mobile 021 518 660 Office 06 376 5478 Home 06 376 7238 philw@propertybrokers.co.nz

www.propertybrokers.co.nz 39

Rural Outlook Spring/Summer 2016

Tararua

DANNEVIRKE

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

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

Te Ata Station

DANNEVIRKE 524 Towai Road – 667 ha A great breeding and finishing property offering size and scope, carrying approximately 6000su. Located in what is considered a summer safe region.

Improvements consists of a 1980's four bedroom home with garage. Large five stand woolaway woolshed with covered yards and 1000np capacity. Limestone and silt over clay soils. Excellent springs, two tapped and gravity fed to troughs.

A very good laneway and access tracks makes this a good property for stock movement and quad bike access. The

WEB ID DR51245 farm is currently used for cattle finishing, and has proven itself for sheep and beef breeding and finishing in the past. This farm is a versatile property with hunting opportunities, and forestry, along with great stock production.

$4,200,000 + GST (IF ANY)

VIEW By Appointment

Jim Crispin

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

4

www.propertybrokers.co.nz 40

Wairarapa

The Wairarapa has seen market activity pick up in recent months, especially with the listing of eight well-presented sheep and beef properties. Farmers’ succession planning is a key theme in the region and excellent spring conditions make this the time to act. It was a generally slow winter for sales although several farms listed since late 2015 did eventually sell after modest adjustment in price expectations. The new season has brought new confidence.

So far in 2016, there have been only two dairy blocks sold. The Wairarapa has not seen any sizeable dairy conversions for many years and existing units tend to be tightly held, with little debt. This season is the second for production in the region’s most notable dairy farm expansion of recent times, near Pirinoa. Its success has promoted interest in South Wairarapa dairying. The region has a substantial water management project underway, with indications of interest now being gathered from producers. The scheme involves possible water storage on the upper Ruamahanga River for irrigation of up to 30,000 hectares. The productive potential is huge but the project is in its early stages and returns on the investment that would be required are very long term. The project is not yet having impact on rural property values.

Manuka honey production is, however, an active driver of interest in rural blocks Wairarapa-wide, especially where the land has remnant or new manuka stands. Drystock farmers are seeing bees as another source of income and the region also has newcomers looking to buy land primarily for honey production. New Zealand exports of the “liquid gold” jumped 45% last year to $281 million, due mainly to increases in the volume and value of the large manuka honey share of the total. Enthusiasm is a definite feature of the Wairarapa market this season.

Your Local Sales Consultants Paul Joblin 027 443 3756 paulj@propertybrokers.co.nz Terry Falleni 027 430 6212 terryf@propertybrokers.co.nz

Wairarapa

MASTERTON

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

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

Small farm in summer safe Mauriceville

MAURICEVILLE, MASTERTON 428 West Road – 69.8 ha If you are looking for a special property look no further. The current owners have taken a run down farm, transformed it into a very well presented farm over the last 30 years and added some fantastic touches. Only 20 minutes from Masterton, in a summer safe area that is known for growing grass. As soon as you reach the end of the drive way you will feel relaxed as the grounds seem to encompass everything around you. The living is spacious and your sun drenched

WEB ID MR52379 deck and landscaped gardens with an outdoor spa pool make this an idyllic setting. Well fenced, water troughs to each paddock, good access and some productive flats make this a very well balanced property. The implement sheds are set up for rearing calves and the farm policy is suited to carrying these through to sell as 2 year olds.

Call Paul to view this very appealing property now.

$1,195,000 + 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

3 2

www.propertybrokers.co.nz 42

Wairarapa

RURAL 0800 FOR LAND

Property Brokers Limited Licensed under the Real Estate Agents Act 2008

Finisher's dream

CARTERTON 365 Norfolk Road – 26 ha Only 5 minutes to Masterton and 2 minutes to the sale yards This finishing block is all flat, subdivided into 10 paddocks, excellent stock water and has a 2 stand woolshed as well as sheep and cattle yards with a loading race.

This property is visually appealing with stone walls, mature Manuka trees and a pine block at the rear.

WEB ID MR50468

BY NEGOTIATION

Great opportunity to subdivide off 2 VIEW By Appointment lifestyle blocks if necessary, also a modern home on an adjoining block is available to a prudent buyer.

Location, rainfall, aesthetic appeal - this property has it all and is a must to view.

Call Paul today.

Paul Joblin

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

www.propertybrokers.co.nz 43

Rural Outlook Spring/Summer 2016

Canterbury, West Coast & North Otago

Canterbury farms that are well located and have secure irrigation are back in demand as rural investors look to further recovery in dairying, and more favourable returns on beef and venison.

Strategic buyers are being quick to move on the best properties, dairy and drystock, with sale values now back to their level of two years ago. But the demand is very selective – and other properties are still not attracting the interest they did previously. Buyers tend to be other Canterbury farmers with a solid understanding of farming fundamentals in the region, and a keen eye for expansion while interest rates remain low and other types of investor are still largely absent from the market.

Like other regions, Canterbury has seen relatively few forced sales of highly-indebted dairy farms during the past two years of depressed milk solids payout. Bank support for individual farmers appears to be a significant feature as everyone awaits further recovery in the payout. There were no dairy sales in the September quarter but 27 grazing or finishing properties were sold which was up slightly on the corresponding period of 2015. As spring continues, the number of listings has picked up and buyers have plenty to choose from.

Water remains a major issue in Canterbury, with buyers putting higher value on land that has reliable supply and linkage to a pressurised irrigation scheme. In mid Canterbury, there is keen interest in a large water storage plan for augmenting the Rangitata Diversion Race scheme for further drought-proofing the region.

Scheme management recently reported that controlled spray irrigation has reduced water take requirements by around 40% over the past 25 years and this has enabled a much larger area to be irrigated. Low rainfall is generally not an issue on the West Coast and this adds to the farming potential of that large region.

Property market activity is low again this spring, with only one grazing farm changing hands during the September quarter.

The West Coast includes areas of very productive dairying land and low farm working costs, attractive to buyers unfazed by the region’s long travel distances and relative isolation.

Your Local Sales Consultants Paul Cunneen 027 432 3382 paulc@propertybrokers.co.nz Chris Murdoch 027 434 2545 chris@propertybrokers.co.nz Rodger Letham 027 433 3436 rodger@propertybrokers.co.nz Gareth Cox 021 250 9714 gareth@propertybrokers.co.nz Tim Murdoch 027 868 6009 timm@propertybrokers.co.nz Greg Jopson 027 447 4382 gregj@propertybrokers.co.nz Keith Hamill 021 0829 8551 keith@propertybrokers.co.nz Chris Moore 027 288 0563 chris.moore@propertybrokers.co.nz Michael Robb 027 436 7106 michael.robb@propertybrokers.co.nz Jude Livingstone 021 544 488 jude@propertybrokers.co.nz Michael Richardson 027 228 7027 michael@propertybrokers.co.nz Mark Lemon 027 339 6665 Business Development Manager marklemon@propertybrokers.co.nz

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

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

Scale with real opportunity

CULVERDEN Lowry Peaks Road – 910 ha This hill block of approx 910 hectares (subject to survey) in the Amuri Basin is a rare opportunity. Good balance of east and west facing clean hill country with good access and fencing. This property is run as a breeding block for both sheep and cattle. Improvements include two satellite sheep yards and cattle yards along with a tidy mustering or hunters' hut. Stock water from

WEB ID RR52301 reliable streams and dams through the property with patches of bush provide some hunting possibilities.

In a sought after location in the heart of North Canterbury, these types of clean hill blocks rarely come on the market.

This property is for genuine sale, viewing is highly recommended.

Call Tim today for an information pack or to view this superb block.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Tuesday 22nd November, 2016 at 2.00pm, (unless sold prior)

Tim Murdoch

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

Keith Hamill

Mobile 021 082 98551 Office 03 313 8022 keith@propertybrokers.co.nz

Location, size and scope

SEFTON 158 Ashbys Road – 28 ha This 28 hectare (70 acre) property is located in the sought after and highly regarded area of Sefton in close proximity to Rangiora and Christchurch International Airport only 38 kilometres away. It has all the options and opportunity for the astute purchaser with good water throughout sourced from the county scheme.

WEB ID RR50996 This property includes a two bay Implement/hay shed and is fenced into 8 paddocks of permanent fencing plus electric hot wire.

The options for this property are endless with future subdivision and development a possibility as this block is the perfect shape. A great land banking opportunity!

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

Tim Murdoch

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

Keith Hamill

Mobile 021 082 98551 Office 03 313 8022 keith@propertybrokers.co.nz

www.propertybrokers.co.nz 45

Rural Outlook Spring/Summer 2016

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

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

Glenlake

WAIPARA 1102 Glenmark Drive – 364 ha Glenlake is a 364 hectare property situated at the top of the popular Glenmark Drive. The property is immediately appealing with a well appointed three bedroom weatherboard home with a beautiful lake view and easy to rolling land with some steeper paddocks.

The house is surrounded by a huge deck, for enjoying those long summer nights. A three stand raised board woolshed plus covered yards complement the property along with

WEB ID RR51556 large steel cattle yards and numerous other facilities.

Glenlake has been run in conjunction with another property and has been well farmed by the current owner.

This property is for sale for genuine reasons and can be recommended to buyers. Please contact the agent for further information.

$3,750,000 + GST (IF ANY)

VIEW By Appointment

Keith Hamill

Mobile 021 082 98551 Office 03 313 8022 keith@propertybrokers.co.nz

Tim Murdoch

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

www.propertybrokers.co.nz 46

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

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

"Glendale"

WAIPARA 1006 Glenmark Drive – 306 ha Glendale is a 306 hectare property with appealing easy to rolling country. The property has a well-appointed three bedroom weatherboard home, recently renovated and situated in an attractive garden setting. Double glazed and heated by a large 24kw log burner, it has a really cosy feel.

This property has been run in conjunction with another and has predominately finished bull beef for the dairy sector. Prior to this it fattened sheep and beef and is well known for

WEB ID RR51549 its finishing ability.

At least 70% of the property is in permanent pasture, with some short rotation and Lucerne paddocks also.

A central lane runs through the farm which is subdivided into 39 paddocks and allows easy management for a one-man team.

The property is for sale for genuine reasons and can be recommended to buyers. For an information pack please call Keith Hamill.

$3,150,000 + GST (IF ANY)

VIEW By Appointment

Keith Hamill

Mobile 021 082 98551 Office 03 313 8022 keith@propertybrokers.co.nz

Tim Murdoch

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

3 1 2

www.propertybrokers.co.nz 47

Rural Outlook Spring/Summer 2016

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

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

Breeding and fattening unit

OHOKA 2 Aschens Road – 11 ha It's time to get serious!

Upsize or downsize - here is an opportunity to get excited about. This well presented 11 hectare (27 acre) farmlet offers the serious lifestyler more scope to run cattle or sheep on a larger scale. The seven paddocks of fertile soils plus irrigation and shelter provides for all seasonal needs.

WEB ID RL50246 office, bathroom and big laundry.

Outbuildings include a hayshed, implement shed, lockable garaging/workshop, wool shed plus stock yards.

This is a magnificent opportunity to purchase in the highly desirable Ohoka locality.

The homestead comprises five bedrooms, a smart new kitchen, separate dining, family living room,

BY NEGOTIATION

VIEW By Appointment

Murray Clark

Mobile 0274 36 7878 Office 03 313 8022 murrayc@propertybrokers.co.nz

Tim Murdoch

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

5 1 2

www.propertybrokers.co.nz 48

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Opportunity of a lifetime - Geraldine Downs

GERALDINE 82 Pleasant Valley Road – 80 ha • 2 x 40 ha lots or 80 ha total (subject to survey and title) • Option to purchase separately or together • Unrivalled views and excellent building sites • 5kms to Geraldine • Community water scheme, power/phone at boundary • Deer fenced and paddock subdivision • Close to the Downs walking and cycle tracks The subdivision of the two 40 hectare

WEB ID AR52454 lots presents a rare opportunity to secure a large title within the sought after "Downs" area. Minutes from Geraldine shops, schools and services.

The views from both titles offer unrivalled building platforms of the surrounding Canterbury Plains, Foothills and mountains. Numerous options available for a unique and exclusive lifestyle property, small farm, livestock finishing, dairy support in a developing area which is seldom available and a once in a lifetime opportunity.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Thursday 8th December, 2016 at 4.00pm, (unless sold prior)

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

www.propertybrokers.co.nz 49

Rural Outlook Spring/Summer 2016

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Show place dairy farm

ASHBURTON 1254 Fords Road – 159.6 ha Well developed highly productive dairy unit on good soils with a very efficient spray irrigation system. An attractive farm that is fully Ecan compliant, has clean pastures and tree lined paddocks.

It has immediate appeal. Superb lanes and fencing complement the overview.

Well above average accommodation and support buildings. 42-a-side HB shed. 2015/16 560 cows produced 262,855kgs milk solids.

WEB ID AR52072

$8,621,000 + GST (IF ANY)

VIEW By Appointment

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

50

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Dairy grazing/fattening

ASHBURTON 362 Alford Forest Cemetery Road – 60 ha A great opportunity to secure your dairy grazing block in a reliable rainfall area.

This unit is well fenced with excellent shelter and top quality soils.

A four bedroom home in average condition plus calf and implement sheds and excellent set of cattle yards. Don't miss this opportunity to take charge of your future.

WEB ID AR52138

DEADLINE SALE

VIEW Tuesday 18 Oct 1.00 - 2.30pm DEADLINE SALE closes Wednesday 9th November, 2016 at 4.00pm, (unless sold prior)

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

4

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

1

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

2

Dairying/support - 13 ha

HINDS 662 Islesworth Road – 13 ha Seldom found but often looked for could describe this property. A great family home that could be used for both or either bed and breakfast or a wedding venue.

An immaculate executive homestead set in a park like setting with established trees and hedge rows. This home has been completed to a very high standard and has numerous character features

WEB ID AR52097 with the dwelling having been constructed to create a traditional English residence. Plus 13 hectares of irrigated pasture.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Friday 18th November, 2016 at 4.00pm, (unless sold prior)

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

www.propertybrokers.co.nz 51

Rural Outlook Spring/Summer 2016

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Dairy farm - low cost production

METHVEN 149 McLennans Bush Road – 322 ha 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 and three homes for staff accommodation.

An attractive proposition in a great environment. Deserving genuine

WEB ID AR52329 consideration with genuine Vendors.

Peaked at 1000 cows for 411,964kg. A change in farming policy with cows wintered on produced 313,500kg 2015/16 from 860 cows.

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

4+ 1

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

2

www.propertybrokers.co.nz 52

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Lifestyle plus business opportunity

NETHERBY 147 Bridge Street – 2.8 ha Comfortable four bedroom home on 2.8 hectares in Residential D zoning.

Consented for a camping ground with some infrastructure in place. Connected to town water supply but also has consent to drill well. Large storage shed and workshop.

WEB ID AL51268

BY NEGOTIATION

VIEW By Appointment Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

4

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

2

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

2

Quality all the way

RAKAIA 113 Hardys Road – 8.3 ha Substantial four bedroom homestead set in spacious and attractive grounds.

Designer kitchen/dining/living area plus separated lounge. Two offices.

Swimming pool in attractive outdoor entertainment area. Double garage attached plus 4 bay shed with lockup workshop.

WEB ID AL52187

$1,050,000

VIEW By Appointment Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

4

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

2

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

2

www.propertybrokers.co.nz 53

Rural Outlook Spring/Summer 2016

Mid Canterbury

HASTINGS MCLEOD LTD CANTERBURY

Hastings McLeod Limited Licensed under the Real Estate Agents Act 2008

0800 FOR LAND

Strategic zoned investment business

METHVEN Methven Chertsey Road – 2.5.05 ha • 25.05 ha Business D Zoned • Only remaining Methven business zoned bare land • Good road frontage and services available • Central location to Canterbury transport links A rare offering of a large greenfields site located at the foot of Mt Hutt and

WEB ID AL52108 adjacent to Methven town boundary and existing business hub. Methven is a fast growing agriculture and tourism based service town well situated within the progressive Mid Canterbury region.

0.5 to 1.5 hours commuting distance to Lyttleton and Timaru Ports, Rail hub at Ashburton or Christchurch International Airport.

DEADLINE SALE

VIEW By Appointment DEADLINE SALE closes Thursday 17th November, 2016 at 4.00pm, (unless sold prior)

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

Chris Murdoch

Mobile 0274 342 545 Office 03 307 9191

Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

Executive living plus bonuses

ASHBURTON 147 Wakanui Road – 8 ha 8 hectares of quality soils just outside town boundary. Executive five bedroom home featuring spacious living, hobby room, office, sauna, spa and swimming pool.

Zoned Residential D giving subdivision opportunities. Good outbuildings.

Spacious grounds. Peaceful and attractive location.

WEB ID AL51417

BY NEGOTIATION

VIEW By Appointment Rodger Letham

Mobile 0274 333 436 Office 03 307 9192

5

Paul Cunneen

Mobile 0274 323 382 Office 03 307 9190

3

Greg Jopson

Mobile 027 447 4382 Office 03 307 9176

3

www.propertybrokers.co.nz 54

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

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

Mid scale dairy - Canterbury

HORORATA 897 + 899 Ardlui Road – 184 ha 184 ha (subject to survey) dairy farm mid scale dairy farm within the desired located near Hororata in Central Central Canterbury location.

Canterbury. Currently milking 670 cows 16/17 season through a modern 40 aside herringbone shed. Centre pivot covering 160 ha with water supplied from both groundwater and Central Plains Irrigation Scheme.

Accommodation includes a modern four bedroom homestead and 2 x three bedroom farm cottages.

This property offers an excellent opportunity for purchasers looking for a

WEB ID ROR46815

$8,950,000 + GST (IF ANY)

VIEW By Appointment

Gareth Cox

Mobile 021 250 9714 Office 03 929 0306

Michael Robb

Mobile 027 436 7106

Chris Moore

Mobile 027 288 0563 Office 03 929 0306

www.propertybrokers.co.nz 55

Rural Outlook Spring/Summer 2016

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

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

Feed machine

HORORATA Morgans Road – 70 ha 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 a cut and carry option.

Improvements include an older set of

WEB ID ROR48274 cattle yards and two bay hayshed.

Not often do smaller scale blocks like this come to market in this area, recommend inspection.

$2,600,000 + GST (IF ANY)

VIEW By Appointment Gareth Cox

Mobile 021 250 9714 Office 03 929 0306

Michael Robb

Mobile 027 436 7106

Chris Moore

Mobile 027 288 0563 Office 03 929 0306

Irrigated with options

HORORATA 310 Hororata Road – 195 ha Superbly presented 195 hectare grazing/fattening property well located near Hororata. Held in 7 titles with great road access providing numerous purchase options. Spray irrigation covering 98 ha from existing groundwater take, plus shares held for stage two Central Plains Irrigation.

WEB ID ROR47147 Full range of farm buildings complemented by an executive style four bedroom homestead.

BY NEGOTIATION

VIEW By Appointment Gareth Cox

Mobile 021 250 9714 Office 03 929 0306

Michael Robb

Mobile 027 436 7106

Chris Moore

Mobile 027 288 0563 Office 03 929 0306

www.propertybrokers.co.nz 56

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

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

Rockburn

ALBURY 1653 Mt Nessing Road – 318 ha Faithfully farmed by the same family since 1945, now to be sold as the present owners who are ready for the next adventure in life. Currently running as a cattle finishing property. Excellent fencing on the property with an all weather lane leading to a large set of cattle yards located centrally. Good infrastructure including shearing shed, covered yards, tool shed and implement

WEB ID TMR51430 sheds. An older three bedroom home with separate double garage. An excellent 318 hectare property suited for all types of farming. Call now for a viewing!

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

Michael Richardson

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

3 1

Expressions of Interest by 30.11.2016

FAIRLIE 391 Hamilton Road – 207.2 ha • 207.1850 hectares • 44 main paddocks • Central laneway • Excellent soils • Three bedroom family home • Good infrastructure

WEB ID TMR50619 implement shed, 3 x 4 bay hay barns, and 3 bay hay barn. Good pasture management and topped off with a nice home and a stand-alone double garage. Also available for sale a further 138.8072 hectares

Great opportunity here for a run-off for your existing operation or a stand alone farm. Good infrastructure with 5 bay

BY NEGOTIATION + GST (IF ANY)

VIEW By Appointment

3 Michael Richardson

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

1 2

www.propertybrokers.co.nz 57

Rural Outlook Spring/Summer 2016

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

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

Bare land opportunity

ALBURY 207 Mt Nessing Road – 103.5 ha • Central laneway • Good standard of fencing • Excellent additions • 4 units water Albury scheme • 15 ha Winter crops sown

WEB ID TMR46397 set up for winter with approximately 15 hectares of winter crops having been sown.

An opportunity to add this 105.3191 hectares to your existing enterprise or buy as a standalone property and build your dream home. 2 units of water from the Albury scheme plus 2 discretionary units. This property is well

$1,750,000 + GST (IF ANY)

VIEW By Appointment

Michael Richardson

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

www.propertybrokers.co.nz 58

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

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

Beef or dairy

WEB ID OMR72253

MAHENO – 154 ha • Flat to easy contour mostly north facing • Renovated three bedroom home • Double garage & utility room • 100 shares in NOIC secured • Excellent water storage in place

BY NEGOTIATION

also make an ideal beef finishing VIEW By Appointment property. Well located with good road access, large cattle yards with crush and ramp plus numerous farm buildings.

Jude Livingstone

Supplementary allocation for irrigation in place. This property would lend itself well as a dairy support block, it would

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

3

Grazing block

NGAPARA Tokarahi-Ngapara Road – 126 ha • 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 With a history of excellent stock health 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

www.propertybrokers.co.nz 59

Rural Outlook Spring/Summer 2016

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

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