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Asking Price $13,250,000 Plus GST (if any)


Quality Dairy Farm


Country & Co are privileged to be offering this quality Central Southland farm to the market.

Located on the fertile ridges at Isla Bank, considered one of the best farming districts in Southland. A fully self contained unit, which is supported by two additional beighbouring lease blocks. Ticking all the boxes with excellent infrastructure including a 50 bail rotary dairy shed, 632 stall wintering barn, three good houses, with the main homestead being very comfortable and excellent for a family.

Flat to gentle rolling ridges, well subdivided with excellent internal access and three road frontages. Running a NZ award winning high producing pedigree Holstein-Friesian herd historically milking 650 cows, with a previous average production of 395,000 kg MS.

The vendors have worked hard for many years creating this outstanding dairy unit, now it's time for a new owner to reap the rewards.


Land Area

287 ha

Nearest Town

Otautau 11km, Winton 27km, Invercargill 43km.

Leasehold Details

On file.

Primary School

Drummond, bus at corner.

Secondary School

Central Southland College, bus at corner.

Freezing Works

Alliance or Prime Range.

Salesyards

Lorneville, 32km.

Dairy Supplier and Company Number

Fonterra, supply number 31706.

Present Condition ( areas approx)

Dairy platform all in permanent pasture, approximately 20ha annually grass to grass.
Additional lease land of 39ha utilised as part of the milking platform, second lease of 122ha utilised for young stock grazing and wintering, supplement, 20ha of wheat grown on this land for grain, sown to pasture in autumn.
This farm is run as a self-contained unit with no fodder beet or brassicas grown and all animals are wintered on freehold or leasehold land and in the barn.

Contour Description

Predominantly flat, with gentle rolling ridges.

Soil Types

Aparima, Pukemutu and Isla Bank.

Average Rainfall

1,100mm.

Weeds

Annual spraying programme.

Main Paddocks

68

Lease Paddocks

Five on Stirling, 28 on Cochran.

Water Supply

Two bores situated behind main house. Pumped to four 30,000l tanks at dairy shed. 40mm and 50mm mainlines, 32mm to troughs in all paddocks, ring mained.

Water Consents

90,000l per day.

Effluent

Effluent ex wintering barn is gravity fed to own five million litre clay lined pond with stirrer, applied via hydrants or slurry to paddocks. Effluent ex dairy shed gravity fed to weeping wall then to own pond. Both ponds can connect if required. Greenwash set up for dairy yard cleaning.

Consents

750 cows, 6/09/2026.

Cow Numbers

625 cows for wintering shed effluent and 750 cows for dairy shed effluent.

Fertiliser

As per Ravensdown recommendations, information and tests on file.

Access & Roads

Three road frontages - Otautau Isla Bank Road, Teviotdale Road and Buckingham Road.

Supplements

All supplements are made on farm and lease blocks, including wheat for utilising in the shed. 220t of DDG and 100t of soy are contracted for this season to be bought in.

Homestead

Well appointed main homestead of brick and roughcast exterior, Colorsteel roof and aluminum windows. Four bedrooms plus fifth room attached to the double garage. Modernised kitchen, north facing dining and lounge area. Two showers, two toilets, laundry and plenty of storage space, including a downstairs basement and office nook. Diesel fired radiator heating and a Yunca multifuel burner. Cared for and maintained gardens with outstanding rural mountain views.

Other Homes

Second Home: Built 2002, brick with aluminum windows and Colorsteel roof. Open plan kitchen, dining and lounge. Three bedrooms, bathroom, laundry and separate garage. Recently redecorated throughout with a heatpump and full insulation.

Third Home: Renovated cottage of Colorsteel exterior, roof and double glazed. Kitchen, lounge and dining, three bedrooms, separate shower, separate toilet and laundry. Two heatpumps and fully insulated. New septic tank installed 2020.

Farm Buildings

Dairy shed built in 2002, 50 bail rotary, Waikato plant, new ACRs, auto teat spray and well maintained platform, in-shed meal feeding system with crusher set up for wheat (two silos), covered vet race with new head bail and load-out ramp, 15m circular yard, dosatron, generator, office, toilet, greenwash for yard cleaning. Allflex cow collar technology all set up and utilised.

Farm Chattels (Plant & Machinery)

Can be purchased as a going concern.

Silage Pits and Pads

Two concrete silage bunkers with walls, third concrete floor, fourth with rock bottom.

Shelter & Trees

Various shelter throughout the farm.

Wintered Stock (numbers approx)

All stock wintered on the farm and lease blocks.
580 cows and heifers wintered in the barn, balance are wintered on grass.

Current Stock

As at 1 August 2022: 500 MA milking cows, 80 spring born yearlings, 50 autumn born yearlings, 80 autumn born calves and 12 MA bulls.

Production

Historically this farm had peak milk average of 650 cows producing approximately 395,000kg MS.
This was made up of a winter milk average of 250 cows producing approximately 30,000kg MS for 61 days (June/July). Winter milk contract in place, can be assigned at Fonterra's discretion.

With downsizing and retirement in mind, the vendors reduced cow numbers to 550 last season, and 500 cows for this season (150 autumn calving and 350 spring calving).

2022/2023: Budget 320,000kg MS
2021/2022: 350,769kg MS
2020/2021: 389,387kg MS
2019/2020: 398,575kg MS
2018/2019: 403,620kg MS
2017/2018: 386,492kg MS

Calving

Split calving, 350 spring, 150 autumn.

Herd Summary

Holstein-Friesian herd available for purchase.

Number of Staff

Four.

Dairy Co-op Authority

Yes

TB Status

C10.

Paula Laughton
Paula Laughton

Farm Sales, AREINZ

P+6 43 218 8959
M027 533 1268


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