Battersea Dairy Farm- 214 hectares
228 Battersea Road Greytown View map
Listing # W014 Listed 24 Nov 2016
About this property
Value for Money and Set up for Investors!
For Sale by Tender
This attractive dairy unit is located on Battersea Road five minutes' drive south east of Greytown in the South Wairarapa of New Zealand. There are approximately 214 hectares freehold in total, with around 196 hectares being used as milking platform - almost all irrigated with K-line. The fertility is impressive with the most recent soil test indicating fertility levels for pH at 5.88 and Olsen P at 36.8 (averages). Re-grassing occurs at a rate of between 10-20% of the platform per annum and the whole farm (but 2 hectares) has been re grassed at least once in the last 11 years. The farm is very well planted with numerous attractive shelter belts. Milking around 450 cows at peak (100 milked through) averaging 500 kg MS/cow the farms production budget is around 225,000- 230,000kgMS. Bought in feed is targeted to be around 10% of the diet with an in shed feeder helping deliver 2 kg of barley grain per cow per day to Christmas. Historically the unit has produced in excess of 280,000kgMS from 570 cows under a higher input system. Improvements include three well maintained houses, a 38 aside herringbone cowshed, 120 tonne silo with disc mill and 8 tonne holding silo, irrigation with six consents, 300 cow feed pad and plentiful shedding. Being close to Greytown and Martinborough and with six titles the property offers alternative land use options- the vendor is marketing two lifestyle blocks shortly (not included in the 214 hectares)
Investors should note that Wairarapa dairy farms offer exceptional value for money (expectations are around $35,000/hectare) in comparison to other dairying areas of New Zealand- why pay Taranaki, Canterbury or Waikato prices?
The current managing equity partner may be interested in staying on offering an opportunity for non-farming investors.
A drone video can be viewed at;
Call Blair today for a copy of the Property Report.
Closes 4pm Thursday 23rd February 2017
Delivery address for tender;
NZR, 1st Floor, 16 Perry Street, Masterton
- 214.39 ha Land