Property Brokers Waikato/Bay of Plenty Rural Property Guide May 2020

Property Guide

Waikato/Bay of Plenty Rural

70 Moody Road, Whakatane Page 20 May 2020 Property Brokers Licensed REAA 2008

Welcome to the Waikato and Bay of Plenty Rural Property Guide

Welcome to our latest innovation and inaugural digital listing real estate platform for the Waikato/BOP regions.

For those of you who are not entirely familiar with Property Brokers Real Estate, we are provincial New Zealand’s fastestgrowing full-service family-owned real estate offering.

This has been achieved through nothing other than genuine organic growth.

Small real estate businesses up and down the country have resonated and identified with our values, and have come on board to grow our real estate footprint from town to town, region to region with locals that know their market best.

We now have over 70 provincial offices from the bottom of the South Island to the top of the North Island including our most recent strategic inclusion of 82 Farmlands Stores as well as the 80 plus agents that occupied their real estate space.

Having immediate access to over 70,000 plus Farmlands shareholders up and down New Zealand changes our entire value proposition and strengthens Property Brokers’ reach to everyday Kiwis.

We are going through interesting times, and the last six weeks have moved our everyday existence into quite possibly the most unusual period of living in recent memory. No doubt all have felt the anxiety and concern up and down the country.

Our everyday work has moved from the office into our homes. We too, have

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experienced a significant shift in our day-to-day business, and the real estate industry has been impacted like many others. Through this, however, we have had to evaluate how we do business, and, how we need to adjust in order to operate in a period of limitation.

Quite possibly we feel that we know one another that much better, and now have a newfound respect for all things family and community. As a group, we know our neighbours better, ourselves better and equally our businesses better as we adapt to the changes that have come with the COVID-19 lockdown.

The real estate industry makes up a whopping 13% of GDP every year in New Zealand. Therefore, the average Kiwi has a genuine interest in how their property may fair during a period of such unprecedented global change.

Our markets are inherently linked to business confidence, interest rates, inflation, unemployment, domestic/ international migration and most critically supply and demand.

Over the last decade, we have all seen our respective markets trend in an upward trajectory for a sustained period of time.

It would appear now that the many factors that drove our markets to appreciate are notably under threat to retract, or will they? Yes, we will, unfortunately, have casualties and the

prospect of unemployment increasing, particularly in sectors such as Tourism are real threats to our economy.

What impact that has across the breadth of our economy is yet to be determined; however, we believe that our housing issues of low supply have not changed.

Our demand is still significant and given the levels of pre-approved loans prior to lockdown and the various ‘Stimulus’ packages being injected into our economy by our government including the loosening of LVR restrictions by the Reserve Bank; we believe that there will be a natural slowdown.

However, we predict a swift upward swing as the real estate market jumps back to life as the year progresses.

We are living all in the hope that we all come out of this less scathed than first anticipated. Our hope also is that COVID-19 is eliminated due to our collective physical distancing efforts.

In future editions this digital platform will not be purely a premium digital listing platform to illustrate our unmatched reach in the Waikato/BOP, it will provide you with all the information you need to know about real estate. We will provide you with up to date expert commentary, editorials, in-depth market analysis and local feedback, all to keep you our clients informed with what will be a changing marketplace.

Stay Safe.

Simon Short

Waikato/Bay of Plenty Regional Manager

Contents 04 Waikato 12 Moving the fenceposts 20 Bay of Plenty

NZ wide rural commentary and trends Waikato Light activity in dairy sales compared to two years ago, albeit top end prices are holding well; one larger King Country dairy is being de-commissioned; fewer sales of finishing and grazing units and quiet in the Taupo district.

Bay of Plenty/Rotorua Horticulture sales continue steadily but very light results in the other sectors with one grazing and one forestry sale.

Compared to March 2019 • Median Price per ha down 9.6% • REINZ All Farm Price Index down 12.8%.

Compared to February 2020 • Median Price per ha increased 2.7% • The REINZ All Farm Price Index increased 0.8% The REINZ All Farm Price Index adjusts for differences in farm size, location and farming type, unlike the median price per hectare, which does not adjust for these factors.

Source: REINZ

All Farm Sales*

Mar 2020

Median price per hectare

$21,130

$20,574

2.7%

$23,383

-9.6%

281

329

-14.6%

331

-15.1%

Total farm sales

Median Price (per ha)*

Mar 2020

Feb 2020

Mar 2019

Feb 2020

Mar 2019

Dairy Farms

$30,299

$35,142

-13.8%

$37,100

-18.3%

Finishing Farms

$29,372

$28,911

-1.6%

$31,059

-5.4%

Grazing Farms

$9,663

$10,090

-4.2%

$10,373

-6.8%

$220,718

$243,421

-9.3%

$240,064

-8.1%

Horticulture Farms

Volume Sold*

Mar 2020

Feb 2020

Mar 2019

Dairy Farms

37

50

-26.0%

43

-14.0%

Finishing Farms

67

80

-16.3%

80

-16.3%

Grazing Farms

79

112

-29.5%

117

-32.5%

Horticulture Farms

31

27

14.8%

46

-32.6%

*3 months ending

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Waikato Te Kuiti Mokau 775 Mokau Road

Holding paddock / Hunting / Horse trekking / Trees • 114.4810 ha, 1 title • Main highway location • Holding paddock / Hunting / Horse trekking / Trees • Mix of easy, medium to steeper contour • Moumakahi sandy loam soils. Water part reticulated and natural • Capable of wintering 80 x 2 yr cattle • Yards, loading race, utility building • Excellent opportunity as a recreational block, or other multi use options

For Sale $1,050,000 Web pb.co.nz/TER74339

Kevin Wrenn M 021 136 6843 kevinw@pb.co.nz

Kinloch 351 Whakaroa Road

Heritage investment Te Tuhi is unique and versatile. It consists of approximately 345 ha (852 acres) of freehold land. The property offers privacy, activity and unlimited potential for a range of development options. Situated approx. 15mins drive from Taupo town and the same to the Kinloch village, home to the International links golf course designed by Jack Nicklaus. The greater Taupo district is known for its fresh water fishing, hunting, bush, beaches and pretty well any activity one can mention. Taupo is only 1 hour to the ski fields of Mount Ruapehu. Te Tuhi is a headland peninsula between two significant bays and proudly sits above and between both Taupo and Kinloch.

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For Sale By Negotiation + GST (if any) Web pb.co.nz/TPR65939

Greg Kellick M 027 619 3051 greg.kellick@pb.co.nz Paul O'Sullivan M 027 496 4417 paulo@pb.co.nz 131 Rora Street, Te Kuiti

Waikato Kinloch 487 Whangamata Road

"Don't put your money in the bank" • 9.5 ha (23ac) • 10 year old Pinus Radiata • Excellent harvesting access • 5km to Kinloch and 16km to Taupo What will your money in the bank be worth in 15 years? What will these trees be worth in 15? Excellent location and road frontage make for endless future uses.

Awesome retirement scheme or invest in your children's future. Time to dust off the cheque book and give me a call.

For Sale By Negotiation Web pb.co.nz/TPR75731

Greg Kellick M 027 619 3051 greg.kellick@pb.co.nz

Oruanui 1549C Poihipi Road

120 Acre Wood It is a world known fact that the most important aspect of real estate is location. The price can be negotiated so can the terms, but no one can change the location. The 120 Acre Wood is located just 15 minutes from Taupo's CBD. Like the name suggests there are 120 acres more or less offered here for sale with plenty of wood. In fact, there are 32 acres more or less of virgin bush. To be able to purchase pure native bush in New Zealand is certainly a privilege, and to be able to purchase it within minutes of one of the country's most dynamic destinations is simply unheard of.

Where the bush isn't growing, you have rolling pasture and ponds.

81 Spa Road, Taupo

For Sale By Negotiation + GST (if any) Web pb.co.nz/TPR67504

Greg Kellick M 027 619 3051 greg.kellick@pb.co.nz Paul O'Sullivan M 027 496 4417 paulo@pb.co.nz 5

Waikato Tokoroa Piopio 80 State Highway 3

Fertile farmlet • 18.4 ha located 800m south of Piopio and 23km south west of Te Kuiti • Mainly easy contour fenced into 17 paddocks with reticulated water • 1990s dwelling. 4 bedrooms (master with ensuite). Open plan living, office, detached double garage • A lifestyle / grazing property in good heart being testament to a sound fertiliser history • Convenient main road location

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For Sale By Negotiation + GST (if any) Web pb.co.nz/TEL68488

Doug Wakelin M 027 321 1343 dougw@pb.co.nz Hugh Williams M 021 878782 hugh@pb.co.nz

Whakamaru 671 Sandel Road

For sale under valuation • 414 hectares - five houses. A "must see" property • 48 aside herringbone shed with in-shed meal feeders • 800 cows milked averaging 293,000 kgMS • High fertility with superior pastures • Whole herd and 300 replacement heifers on-farm all year round

For Sale By Negotiation Web pb.co.nz/TOR64124

Paul O'Sullivan M 027 496 4417 paulo@pb.co.nz 6

37 Swanston Street, Tokoroa

Waikato Te Kuiti Kinleith 6261 State Highway 1

Extraordinary opportunity Midway Meadows is a large family farm which has grown from small beginnings, first settled after WW2. Over time the family have acquired neighbouring farms, building the substantial property now on offer, a 527,000 kgMS production platform growing 80 ha maize and 40 ha lucerne. • 572 hectares offering options of dairy, maize, lucerne, forestry or beef • Fully automated 74 bail milking shed, extensive calf rearing facilities, 1,100 cows, plus a lucrative winter milk contract

For Sale By Negotiation Web pb.co.nz/TOR73851

Paul O'Sullivan M 027 496 4417 paulo@pb.co.nz

Hangatiki State Highway 3

Hangatiki grazing 28 ha located approximately 9.5 km north of Te Kuiti and 11.5 km south of Otorohanga on State Highway 3. The mainly all-flat contour is well subdivided with electric internal fencing and post & batten boundaries. There is a new set of cattle yards with load-out and reticulated water via a bore supply. In addition to the grazing block, also available is an adjoining property at 943 SH 3 which includes a 4 bedroom home, a woolshed converted into accommodation (no code of compliance) and a 4 bay implement shed on 1.5353 ha. Asking price for both properties together is $1,000,000. GST (if any) will apply to the 28 ha block only.

131 Rora Street, Te Kuiti

For Sale $700,000 + GST (if any) Web pb.co.nz/TER73430

Doug Wakelin M 027 321 1343 dougw@pb.co.nz 7

Waikato Substantial Dairy Farming Portfolio An outstanding opportunity for an astute investor seeking a competitive yield to acquire a large-scale self-contained dairy portfolio located in South Waikato, available as one lot or as individual units.

• Total area 2,733 hectares including 1,937 ha dairy platform, 550 ha support block and 98 ha in trees • Four dairy units milking 5,000 cows with three-year average production 1.578 million kgs of milksolids • Support block carries all replacement heifers plus harvests approx 100 hectares of grass silage • Excellent accommodation provided by 15 modern brick homes • Turn-key operation, available as a going concern including livestock, plant and machinery

Dairy Support

Capitalise on the efficiencies created by significant scale and the strong fundamentals of global demand for dairy products by investing at an opportune time in the property cycle.

Motivated vendors prepared to meet the market with a portfolio of dairy properties that can be sold both individually or collectively as a going concern with the potential to generate very attractive returns.

For more info about these properties please contact Property Brokers sales consultants: Brian Peacocke 021 373 113 Paul O’Sullivan 027 496 4417 Dave Peacocke 027 473 2382 Doug Wakelin 027 321 1343 pb.co.nz/atarangi

These properties, adjacent to the Waikato river and State Highway 32 are in close proximity to Tokoroa and Whakamaru and offered for sale with excellent, near-new infrastructure.

Tokoroa Wainui Road • 550.22 hectares (subject to title) • Taupo sandy loam soils • Easy to medium rolling contour with some sidlings • Approx. 483 ha in pasture with 150 ha mowable • Grazes all replacement heifers through for two years • Near new 250 head capacity steel cattle yards • 4-bay implement shed, covered 180t fertiliser bin • Modern 4 bedroom brick home Inspection by appointment Tender Thursday, 21st May, 2020 or other date to be advised.

138 Arawata Street, Te Awamutu Web pb.co.nz/TWR02686

Atiamuri

Whakamaru 2603 Whakamaru Road • 612.7191 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 539 hectare milking platform; 1,450 cows • 3-year average production 431,896 kgs milksolids • First-class 60 bail rotary dairy with in-shed meal feeding • 4 modern low maintenance dwellings Inspection by appointment Tender Thursday, 21st May, 2020 or other date to be advised.

138 Arawata Street, Te Awamutu Web pb.co.nz/TWR02688

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37 Swanston Street, Tokoroa

Waikato Tokoroa Downs

Tokoroa 726 State Highway 32 • 593.1596 hectares • A mix of Tirau silty loam and Taupo sandy loam soils • Flat to easy to undulating contour with some sidlings • 548 hectare milking platform; 1,350 cows • 3-year average production 444,645 kgs MS • First-class 60 bail rotary dairy with in-shed meal feeding • 23 hectares in forestry deriving lease income • 4 modern low maintenance dwellings Inspection by appointment Tender Thursday, 21st May, 2020 or other date to be advised.

138 Arawata Street, Te Awamutu Web pb.co.nz/ TWR02689

Twin Lakes

Whakamaru 1957 Whakamaru Road • 482.8841 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 367 hectare milking platform; 950 cows • 3-year average production 305,532 kgs MS • 60 hectares in forestry deriving lease income • 18 ha ex-forestry suitable for pastoral development • First-class 60 bail rotary dairy • 3 modern low maintenance dwellings Inspection by appointment Tender Thursday, 21st May, 2020 or other date to be advised.

138 Arawata Street, Te Awamutu Web pb.co.nz/TWR02690

Whakamaru

Whakamaru 2362 Whakamaru Road • 494.0799 hectares • Atiamuri sandy loam soils • Flat to easy to undulating contour with some sidlings • 478 hectare milking platform; 1,250 cows • 3-year average production 396,342 kgs milksolids • First-class 60 bail rotary dairy with in-shed meal feeding • 4 modern low maintenance dwellings

Inspection by appointment Tender Thursday, 21st May, 2020 or other date to be advised.

138 Arawata Street, Te Awamutu Web pb.co.nz/TWR02691 37 Swanston Street, Tokoroa

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Waikato Te Awamutu Te Awamutu 116 Huirimu Road

The result of demanding excellence Narrandera Farms Limited is a highly developed and nurtured dairy farm located at 116 to 118 Huirimu Road in the popular and reliable Arohena District. This outstanding property is operated with an acute level of detail to the presentation of the farm, high level of improvements, excellent fertiliser program, commitment to animal well-being, performance and compliance. Cow numbers are approximately 530 with production being consistent around 260,000kg MS.The contour of the farm is all flat to gentle rolling with wide and well formed lane ways providing access to approximately 58 paddocks.

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For Sale By Negotiation Web pb.co.nz/MAR72663

Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz

Wharepuhunga 214 Whatauri Road

Entry level dairy farm 71.2721 hectares of easy rolling contour with some steeper sidlings and rocky outcrops. Milking 170 cows targeting 60,000 kgs milksolids this year.

Purchased feed - 25 big bales hay, 3 ha maize silage & 30 tonne Procow. Growing 4 5 ha crop turnips & chicory annually. Farm amenities include 17 bale rotary shed circa 1970's with cup removers, implement shed, calf shed & feed pad, fenced into 42 paddocks with good dairy type fencing, rhyolite tracks and races in good condition. Tidy, pleasant three bedroom home with sunny living area and decks, large three car garaging and rumpus room, two horse stalls plus tack room and shed.

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For Sale By Negotiation Web pb.co.nz/TWR02569

Howard Ashmore M 027 438 8556 howarda@pb.co.nz 138 Arawata Street, Te Awamutu

Waikato Te Awamutu Wharepuhunga 536 Bayley Road

Size and scope A great opportunity to acquire a larger dairy property in a very good farming district approx 21 kms south-east of Te Awamutu. 211.2197 hectares; easy rolling to medium contour with some steeper siblings. Mairoa ash soil - ideally suited for maize & feed crops - good quarry on farm. Good water supply; well subdivided and raced.

Attractive layout with shelterbelts and deciduous specimen trees. 4-yr average: 570 cows producing 187,880kgs ms. Farm facilities include very good 44 aside herringbone farm dairy; large lined effluent pond with effluent pump; variety of farm shedding; silage bunkers. 2 x good sound dwellings; school bus service at the property.

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For Sale By Negotiation Web pb.co.nz/TWR02603

Brian Peacocke M 021 373 113 brianp@pb.co.nz

Te Awamutu 4 Okoko Road

Beef & calves An attractive well-farmed property situated in the Ngutunui district with good main road access to Pirongia, 19 kms; Te Awamutu, 30 km 87.8 hectares; including pockets of native bush, predominantly mairoa ash soil - v.g. rainfall area and contour varies from easy rolling to medium to steep hill. A good spring-fed water reticulation system and very tidy with good fencing and farm tracks. Currently rearing beef calves and finishing adult beef cattle. A good range of farm buildings including a 3-stand woolshed (2 shearing plants); lockable enclosed implement shed/ workshop; lockable 2-bay half round hayshed. Comfortable, well maintained brick homestead.

138 Arawata Street, Te Awamutu

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For Sale By Negotiation + GST (if any) Web pb.co.nz/TWR02573

Dave Peacocke M 027 473 2382 davep@pb.co.nz Brian Peacocke M 021 373 113 brianp@pb.co.nz 11

“

This is the best thing that we’ve ever done for ourselves!

”

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Moving the fenceposts The decision to leave a history-filled family farm for a lifestyle block was not an easy one for John and Sue Nation. Three generations of Nation’s had proudly farmed sheep and beef in Punawaitai, 30 km east of Waipawa, for 101 years.

So, the decision to move from Punawaitai’s steep coastal hill country to a 4.19 ha lifestyle block was a result of much deliberation and introspection.

The word “retire” wasn’t ever in the Nation’s vocabularies. They envisaged their future as being a busy one, a continuation of chasing sheep and bulls, running holiday accommodation and a wedding venue, making scones, weighing bulls, doing GST and more. In 2018, however, after health concerns, John and Sue started thinking about downsizing, and how this would look for them. John was 70, slowing down, and the body was beginning to hurt.

After the 5.3 magnitude earthquake and flood in 2011, which saw Central Hawke’s Bay’s coast get three times the April average rainfall in 72 hours, John and Sue’s time was consumed with trying and hoping to salvage everything.

The inundation carried away 50 per cent of their pasture. It brought them to their knees, physically, emotionally, mentally, financially, to say nothing of the total devastation on the farm and homestead gardens. It took John and Sue seven years to rebuild the farm and gardens into a saleable proposition.

The most significant barrier to moving that they encountered though, was the weight of responsibility - thinking that they had a duty or obligation to the family, the farm, and the preservation of its history.

We feel like we’ve gained an extra 15 years of quality life and living. We now have time to smile, time to go fishing, to go racing, to enjoy each other, friends and family - we have gained so much precious time.”

When asked what finally triggered the move, John says, “Definitely our health. Stress is unhealthy; the floods and debt placed a lot of pressure on our health. That, and the fact that Sue was no longer fast enough to get out of the way of 600kg bulls! Our trustees thought it was the best news they had heard in years.”

Continuing on, “Our home is serene.

We enjoy expansive uninterrupted sea views, have 4.19ha of land with two houses, one being passive income. We are enjoying the peace that our new home brings, and also, the peace that comes with knowing that we sold our beautiful farm to a stunning young couple (with two little boys) who have energy, and a passion for the land and the animals on it.”

Their focus shifted to finding the ideal retirement property that afforded them both the space, and expansive views, that they needed to expand their horizons, and lift their lives and spirits going forward.

When asked whether it was all worth it, the reply is a resounding, yes. Saying, “This is the best thing that we’ve ever done for ourselves! We get to actually go out for breakfast, honestly, we couldn’t do that being hours out of town.

When asked what advice they would offer others thinking of making the same move, they reply, “It’s important to remember that this is your life and your journey. Be young and healthy enough to enjoy it. Life needs to be celebrated. Do it sooner rather than later. It is a huge decision packing up, and downsizing is a tough exercise, but the gains are considerable.”

John and Sue Nation

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Waikato Matamata Te Awamutu 546 Ngutunui Road

Self Contained Dairy / Beef Unit Well located 157.34 ha unit situated 27 kms from Te Awamutu, 23 kms from Otorohanga only 14 kms from Pirongia and 37 kms from Kawhia for the best fish and chips. Currently run as a Self Contained Dairy / Beef unit milking 280 cows raising 300 calves on whole milk. Well raced and fenced into 64 paddocks supplied with water from bore. Centrally located 31 aside hb with inshed feeding and 16 tonne silo with yard capacity for 300 cows and Nu pulse plant, 3 pond effluent system. There are 4 sheds along with a June 2018 built 30 x 16 calf rearing shed. A stand of 6 ha of millable pines and 1.5 ha of lesser quality pines. There are two homes.

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For Sale By Negotiation Web pb.co.nz/TWR02614

Howard Ashmore M 027 438 8556 howarda@pb.co.nz Angela Quinn M 027 430 7939 angelaq@pb.co.nz

Waotu 385 Arapuni Road

Farming? Tourism? Subdivision?

Multiple options for this tidy 21.1294 ha. Predominantly flat/rolling contour. Run as a deer unit in the 90's. Currently used for maize and calf grazing, includes yards.

Excellent bore water. One house, older but sound with reliable long-term tenant.

Survey plans for subdivision available. Picturesque views over trout stream from various elevated house sites. Only 5 km from Putaruru. On the tourist route - Rotorua to Waitomo Caves, with the Cycle Trails and Hobbiton nearby. Tauranga, Rotorua, Hamilton, Cambridge, Te Awamutu all within an hour.

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For Sale By Negotiation + GST (if any) Web pb.co.nz/MAR73227

Glen Murray M 027 488 6138 glenm@pb.co.nz Alwin Thorne George M 027 208 1414 alwin@pb.co.nz Cnr Tui & Arawa Streets, Matamata

Waikato Matamata Tirau 254 Somerville Road

Compact Okoirore dairy 63 hectare dairy farm located in the Okoroire district, 9 km east of Tirau and 24 km south of Matamata. Predominantly easy to rolling contour with Tirau silt loam soils and Ohinemuri sandy loam alongside Waimakariri stream on boundary. Subdivided into 42 paddocks with good stock race system. Centrally located 20 aside herringbone farm dairy; Waikato plant & new milk chilling system. 220 cow capacity herd home with outer concrete feeding strip. Currently milking 200 cross-bred cows, 5 year average 66,172 kg ms; variation 6 consent for 294 cows. New bore plus original shallow well supplies stock water via mineral dispenser through 32 mm main lines.

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For Sale By Negotiation + GST (if any) Web pb.co.nz/TWR02572

Dave Peacocke M 027 473 2382 davep@pb.co.nz Malcolm Wallace M 021 357 446 malcolm.wallace@pb.co.nz

Newstead 268 State Highway 26

Landbanking at its best 27 hectare (more or less) of flat to very gentle rolling contour with sandy loam soil located just minutes to Hamilton is now for sale. With the new Hamilton expressway providing easy access in and around Hamilton, this is a desirable location and prime investment. The substantial stately main home boasts a grand entrance, high ornate ceilings with lavish light fixtures, large living areas, parents and children's wing separated by an extra-large snooker room with an internal bar and double car internal access. This majestic extra-large main homestead needs someone to love it and bring it back to its former glory. A separate stable block with 10 horse boxes.

Cnr Tui & Arawa Streets, Matamata

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For Sale $8,000,000 + GST (if any) Web pb.co.nz/MAR74258

Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz Chelly Aitchison M 022 697 8779 chelly@pb.co.nz 15

Waikato Matamata Waharoa Wairere Road

Unique opportunity with this 4.9 ha block Outstanding road frontage to State Highway 27 with access off Wairere Road.

Subdivision scheme plan is in place to create three lots being 1.52 hectare, 1.0 hectare and 2.93 hectares.

For Sale $820,000 + GST (if any) Web pb.co.nz/MAR72777

An ideal high profile site with an ability to add immediate value.

Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz

Waharoa 1310 Alexandra Road

Investment at grass roots A very special 132.35 hectare vegetable production property with great free draining soil and ideal shape for cultivation and harvesting, is located approximately 5kms north of Waharoa. The property is accessed from Wairere Road or Alexandra Road providing unique points of accessibility. The property has a very well-formed central road and a sound range of implement and storage sheds. An approved scheme plan for subdivision is available which will ultimately provide for 9 titles being 3 x 8 hectares, 2 x 10 hectares, 16 hectares, 40 hectares, 32 hectares and a dwelling on 7000 square metres all subject to final survey and size. This property is very unique.

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For Sale By Negotiation Web pb.co.nz/MAR73074

Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz Cnr Tui & Arawa Streets, Matamata

Waikato Te Aroha Whitikahu 760 Whitikahu Road

Self contained Dairy If you appreciate quality and location this is the property for you. 140.6 ha of quality land approximately 15 minutes from Hamilton and 1 hour from Auckland. Fully selfcontained with approx. 320 milking cows, 70 rising 2 year heifers and 70 rising yearlings. This property grows all its own crops of grass silage, green feed maize and silage. Approximately 120 ha is flat consolidated peat and the balance gently undulating mineral soils. The quality of the peat soil is such that some years ago commercial potatoes were grown here and of course the maize crops grown on peat soils have no equal. This property is farmed in an extremely conservative manner.

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For Sale By Negotiation Web pb.co.nz/MOR01975

Brent Pocock M 027 433 9909 brentp@pb.co.nz Michael Swney M 027 624 8214 michaels@pb.co.nz

Te Aroha 336 Strange Road

When location counts This 64.9 ha dairy farm is located at Elstow in close proximity to Te Aroha. This would make the ideal family farm, milking 230 cows through a 30 aside herringbone shed, producing a three year average of 62,000 kgMS with a low input system.

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For Sale By Negotiation Web pb.co.nz/TAR02417

Michael Swney M 027 624 8214 michaels@pb.co.nz 152 Whitaker Street, Te Aroha

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Waikato Morrinsville Waihi 480 Woodlands Road

Picture perfect 53.5447 hectares, the scheme plan shows the real potential to divide into ten private parcels of serene estates. Located only 4 km from Waihi Golf Course and 7 km from town, yet enjoying the absolute quiet of a back country farm. Mature native and exotic shelter trees define the natural boundaries of each unique tract of land.

Offered for sale as one, a substantial development opportunity for a canny investor.

For Sale By Negotiation Web pb.co.nz/TOR73730

Paul O'Sullivan M 027 496 4417 paulo@pb.co.nz Glen Murray M 027 488 6138 glenm@pb.co.nz

Waiterimu 298 Matahuru Road

Waiterimu - Dry Stock Farm • 213ha (527 acres) in seven titles • Mix of easy to medium hill country with some steeper contour • Pockets of native bushes, 2 blocks of pines trees and several duck ponds • Good 3 stand woolshed with metal sheep yards • Array of farm buildings and good set of cattle yards with loading ramp • Schools, farm and community services located at Te Kauwhata and Huntly • Solid Huntly brick 4-bedroom dwelling with single garage, ample storage and meat safe 18

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For Sale $3,000,000 + GST (if any) Web pb.co.nz/MOR02587

Chelly Aitchison M 022 697 8779 chelly@pb.co.nz 78 Studholme Street, Morrinsville

Waikato Te Kauwhata 314 Martin Road

Scale with Options • Handily located just 12 kms from Te Kauwhata, midway between Auckland and Hamilton, excellent quiet, no-exit road location • Approx 115 ha milking platform - flat to easy contour • 65 ha grazing - some mowable, some steeper, some sprayed gorse, may be suitable for forestry • 87 ha in bush - possible opportunities for horse trekking, hiking or other activities • 18 aside hb farm dairy; 3 bedroom dwelling • Continue as a dairy unit or use as a dry stock unit

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For Sale By Negotiation Web pb.co.nz/TWR02700

John Sisley M 027 475 9808 john.sisley@pb.co.nz

Hikutaia 509A Old Maratoto Road

"Massive price drop" Vendor instructions are to move this slice of NZ's finest on. On offer here is an undivided fourth share of 100 acres of virgin native forest surrounded by the Coromandel Forest Park yet only 26km from the seaside township of Thames and 126km from the City of Sails. No power, no telephone, no internet - no worries, get away from it with your tent and your kids for generations to follow. From your private paradise,you can hike, hunt or just soak up the amazing pureness of the 180,000 hectares of the Coromandel Forest Park that is your adjoining un-fenced and natural neighbour.

81 Spa Road, Taupo

For Sale $175,000 Web pb.co.nz/TPR64835

Greg Kellick M 027 619 3051 greg.kellick@pb.co.nz 19

Bay of Plenty Te Teko 419 MacDonald Road

Prime for Grazing or Lifestyle 6.8977ha - 404 Macdonald Road, Te Teko 11.9175ha - 419 Macdonald Road, Te Teko Buy one or buy Both, Prime land free-draining sandy loam 6.8ha Perfectly flat free-draining fully deer fenced land, includes a tidy threebedroom house and haybarn. Fantastic lifestyle property.

11.9ha flat free-draining bare land currently used as grazing runoff. Options to diversify or continue to utilize for grazing and supplement conservation. A great grazing block.

For Sale By Negotiation + GST (if any) Web pb.co.nz/TXR02505

Brett Ashworth M 021 0261 7488 bretta@pb.co.nz

Whakatane 70 Moody Road

Whakatane dairy farm - 155 ha Vendor seeks offers, expecting interest over $7.5M. Farm held in four titles, total land area, 155.1956 Hectare. Combined with two neighbouring leases, 8 Ha and 7 Ha respectively, to create a 155 Ha milking platform. Land 90% flat, 10% rolling. Well fenced, pumice races maintained using on farm quarry. An extensive irrigation system with three pivot irrigators and sprinkler network ensures summer safe production. Three water supplies to the property including artesian bore. Currently operated by a 50/50 sharemilker, with management input from Farm Consultant and Trustees on behalf of Family Trusts. Approx. 570 F/Fx cows calved.

38 Landing Road, Whakatane 20

For Sale By Negotiation + GST (if any) Web pb.co.nz/WTR75036

Maurice Butler M 027 451 4395 maurice.butler@pb.co.nz 38 Landing Road, Whakatane

The market is the market, and for the foreseeable future, it looks very sound.

Key market drivers for our farmers and growers looks strong as Covid-19 has ruled a line globally, on the importance of reliably sourced quality food.

We believe it is going to take a little while for people to adjust and come out of operating in their respective bubbles as it has suppressed the desire for social contact somewhat.

available when people want it. All primary sector producers look to benefit from the much-improved awareness of the role our sector plays in the New Zealand economic recovery from here.

From a rural property perspective, our thoughts are that it will be ‘steady as it goes’ approach, while we determine buyer motivation and the bank appetite for Agribusinesses lending.

The long-term fundamentals of strong cash returns afforded by landed assets are becoming attractive not only to existing operators but savvy investors that can mitigate/offset portfolio risks held elsewhere too.

Overall, the key market drivers for our farmers and growers looks strong as Covid-19 has ruled a line globally, on the importance of reliably sourced quality food. Probably not since World War II has awareness been so high around food not always being readily

The impact of the drought on pastoral farming over the Waikato and Bay of Plenty has had a more direct impact than anything else this season, but that is farming, particularly these days. Not that it makes it any easier!

The market is the market, and for the foreseeable future, it looks very sound.

This will see Agri sales continue at lower numbers near term with longer days on the market; however, they will get sold.

Property Brokers’ rural team have the tools and expertise to navigate through these hurdles as they present, ensuring an excellent outcome for our clients and confidence in the market generally.

Peter Lissington Waikato Rural Manager

Ian Morgan Bay of Plenty Rural Manager

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Bay of Plenty Whakatane 294 Hallett Road

Sapphire Olives Their mission is to "produce supreme olive oil with intense fruit flavours, a healthier choice for all to enjoy". Established in 2004 when approx 950 trees were planted, including Picual, Koroneiki and "Sapphire Blend" (Leccino, Pendolino, Frantoio). Their Extra Virgin Olive Oil won two Gold Medals and two "Best in Class" certificates for their Picual & Sapphire Blend Oils at the 2019 New Zealand Olive Oil awards. 4 bay shed plus a set of cattle yards and ramp. Around 2.5 Ha of the land area is leased out.

A Council administered water supply is connected to the property. Included in the sale: Commercial Kubota Mower, Sprayer and Harvesting Equipment.

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For Sale By Negotiation + GST (if any) Web pb.co.nz/WTR75055

Maurice Butler M 027 451 4395 maurice.butler@pb.co.nz

Whakatane 200 Hallett Road

Bare, flat land - 24 ha Bare Rangitaiki Plains Land now available. With easy access directly off Hallett Rd, the land is all flat and fenced into three large paddocks. A Council administered and metered water supply is connected to the property (Braemar Water) with water coming in under pressure and reticulated to approximately 10 stock water troughs.

Currently farmed as dairy farm support unit this property could be suitable for a variety of rural based endeavours. The land is well situated with distances to local centres being; Edgecumbe 9 Km, Kawerau 14 Km, Whakatane 26 Km and Te Puke 57 Km. Price is Plus GST. (if any, may be zero rated).

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For Sale $1,170,000 + GST (if any) Web pb.co.nz/WTR75052

Maurice Butler M 027 451 4395 maurice.butler@pb.co.nz 38 Landing Road, Whakatane

Bay of Plenty Whakatane 246 Western Drain Road

Bare land 9.2 ha Awakeri Western Drain Rd. A rare find indeed! Desirable, all flat land between Edgecumbe and Awakeri. Open paddock, currently in pasture. Very good location, very good soils.

Plenty of options here with opportunity to create a lifestyle homestead, keep livestock or consider horticulture. The land is all generally about 3 meters a.s.l. (BOPRC Maps) with a central drain. Regarded as a prime Rangitaiki Plains location, the land is within the Awakeri School Zone and is just 3.5 Km from Edgecumbe, 4 Km from Awakeri and 15 Km from Whakatane. Sold Subject to Issue of new Title. 9.242 Ha more or less (c.

22.84 acres). Price plus GST.

For Sale $735,000 + GST (if any) Web pb.co.nz/WTR75058

Maurice Butler M 027 451 4395 maurice.butler@pb.co.nz

Awakeri 98 Angle Road

Kiwifruit Prime for Gold Conversion 6.0713 ha. 5.14 Canopy hectares Hayward Green production block - there is a great opportunity here to improve the Green production to fund conversion to Gold. A wellestablished production orchard that sits on deep well-drained Sandy Loam soil at less than 20 meters above sea level. Full Ag bean pergola structures with natural shelter.

Fully irrigated above canopy and at ground level. Water supplied via easement from the neighbouring bore, complete with good volume Water Resource Consent in place.

In a location with a reputation for good Gold kiwifruit production, this orchard presents a prime opportunity for conversion to Gold.

Cnr Arawa & Tui Streets, Matamata

For Sale $2,000,000 + GST (if any) Web pb.co.nz/TXR02496

Brett Ashworth M 021 0261 7488 bretta@pb.co.nz 23

Bay of Plenty Matamata Whakatane 275b Sutherland Road

Dairy farm - Rangitaiki Plains Rangitaiki Plains Dairy farm, averaging around 73,000 kg ms from 64 Ha effective.

Up to 180 Jersey/Kiwi Cross cows are calved with replacements reared and grazed on farm until April. Herd mostly wintered on Farm with 100 Cows off for 6-8 weeks. All flat contour, thirty-six paddocks with central races. Currently operated by a Contract Milker. Excellent water supply. 20 aside Herringbone Shed with 350 Cow Capacity yard. There is a 5 Bay Implement shed. There is a three bedroom home with carport plus Double garage and sleepout. Recent new Kitchen. Sutherland is a quiet, no-exit road. Edgecumbe Dairy Factory is 10 Km away. 67.70 Ha (167.29 acres).

For Sale By Negotiation + GST (if any) Web pb.co.nz/WTR75045

Maurice Butler M 027 451 4395 maurice.butler@pb.co.nz

Omanawa 848 Taumata Road, RD 3

Dairy opportunity in Tauranga 171.6 hectare (more or less) dairy unit. The property has five titles, three being road frontage lifestyle lots comprising areas 1.0, 1.4 and 1.2 hectares. The property has a mix of gentle rolling to rolling contour with the steeper contour retired native bush and forestry being approximately 38 hectares which is not registered in the emissions trading scheme. The dairy platform is an area of approximately 145 hectares including a 7 hectare paper road. Typical stocking is 415 cows with a six year production average of 162,559 KG/MS. Feed inputs are 140 ton maize silage and 180 ton of palm kernel extract.

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For Sale By Negotiation Web pb.co.nz/MAR72597

Ian Morgan M 027 492 5878 ian.morgan@pb.co.nz Cnr Tui & Arawa Streets, Matamata

Bay of Plenty Paengaroa 2A Allport Road

High Quality Gold Investment 9.66 canopy hectares G3 Sungold Kiwifruit showing excellent returns.

Early start premiums achieved on approximately 6ha. with crop forecast for the upcoming 2020 harvest of 16,000 trays per ha. Plenty of potential as this young orchard is only in year 6 of production since grafting from greenfield. Water supply from 2 Bores with storage of 90,000 litres providing for orchard irrigation with consent in place until 2034. The quality brick homestead of 245 m2 is well sited in a very attractive setting with views to Motiti Island. A modern cottage with attached garage provides good accommodation options.

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For Sale By Negotiation Web pb.co.nz/TXR02672

Brett Ashworth M 021 0261 7488 bretta@pb.co.nz

Pongakawa 374 Wharere Road

Tidy flat first farm or additional unit A great opportunity to secure a well-located first farm, located just 17km east of Te Puke in the sought after Pongakawa area. 71.3330 Hectares. All flat, very tidy, well fenced and raced to 40 paddocks. Milking 200 cows for 80,224 KGMS. Good 18ASHB shed, 4 bay Implement shed & workshop, half-round calf rearing shed. Good 4 bedroom, 2 bathroom 240m2 split level home with swimming pool, Town water supply. Your own whitebait stand on the boundary. This property has served the vendors well as a first farm. This is a great opportunity to secure an easily managed small unit in a popular district. For sale by Negotiation. Viewing by appointment only.

Cnr Arawa & Tui Streets, Matamata

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For Sale By Negotiation + GST (if any) Web pb.co.nz/TXR02550

Brett Ashworth M 021 0261 7488 bretta@pb.co.nz 25

Bay of Plenty Te Puke 1335 No 3 Road

Picked Early Start - Convert to Gold • Picked early start 2020 crop 13,213 trays per ha suitable for conversion to Gold • 7.29 total canopy ha • 5.78 ha Hayward • 1.51 ha Bruno new 2018 • 3-year average production of 12,883 trays per hectare • A well-managed orchard with genuine potential to produce 100,000 trays • Full Ag beam with solid structures and good shelter • Large five bedroom two bathroom house ready to renovate into a grand homestead • Available as full going concern including 2020 crop proceeds For Sale By Negotiation plus gst (if any) Ph Brett Ashworth 021 0261 7488 26

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For Sale By Negotiation Web pb.co.nz/TXR02500

Brett Ashworth M 021 0261 7488 bretta@pb.co.nz Cnr Arawa & Tui Streets, Matamata

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