Saturday, April 27, 2024

Proven production with subdivision option

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A Te Kauwhata dairy farm with substantial water available for irrigation and subdivided into 12 titles next to the Waikato Expressway is for sale at $6.1 million.
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The 151ha farm is being sold with 160,000 Fonterra shares and has achieved consistent production of 160,000kg milksolids (MS) without irrigation.

The Te Kauwhata Water Association’s (TKWA) scheme has a 450mm line bounding the north side of the property which has 100ha, while a 250mm line runs against the main road boundary to the property and 51ha.

Bill Tunzelmann from Independent Real Estate in Cambridge said TKWA had indicated there was between 6000 and 7000m3 of water available a day, enough to irrigate the farm at 4mm a day.

“The farm is producing 160,000kg MS off the milking platform with normal inputs, so there’s huge potential to lift that production with irrigation.”

An added bonus for an investor, Tunzelmann said, was the subdivision of the property into 12 titles, just 45 minutes on a dual-lane highway from Auckland’s CBD.

“The subdivision has been meticulously planned with consent approval in place and the property is one of the last to be granted subdivision approval of this size in this location.”

Contour is easy to gentle rolling with most of the farm easy tractor country, apart from some wetland areas. About 100 paddocks sit on Te Kauwhata clay loams with volcanic subsoils, with areas of sandy silt loam on the flats.

All the soils have medium natural fertility, Tunzelmann said, that responded well to applications of phosphate and nitrogen. About 120ha has been undersown in the past five years, with an ongoing regrassing programme of 10-15% a year.

To date the farm has been milking 450 cows under a split-calving winter milk policy with 250 calving in spring and 200 in autumn.

Milking is through a tidy 39-aside herringbone dairy with 100mm milk line and DeLaval plant.

Other infrastructure on the farm includes a 220-cow feedpad, two haybarns, a six-bay implement shed with a lockable workshop, a 200 tonne silage bunker, a 100t gravel pad for storing maize silage and a near-new underpass.

The effluent system consists of a sump leading to two holding ponds before being distributed through travelling irrigators onto paddocks.

Four dwellings cater for staff, including a four-bedroom brick home, a four-bedroom weatherboard home and two one-bedroom self-contained transportable homes.

“This farm is a proven producer, representing a tremendous opportunity for an astute purchaser to grow a profitable business.”

For further details contact Tunzelmann on 07 8279500 or 021 489 571.

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