Find a Property Search

Price on Application


Dairy Upside - Equity Opportunity


Fantastic opportunity for an equity manager and investors to purchase into a Fonterra supplied, existing dairy farm with stock and upside. The farm is located 10 minutes northeast of Gore in the Knapdale farming district. This 245-hectare dairy unit produces approximately 275,000 kg MS from 600 peak milk cows and benefits from a good balance of soils. Contour is flat to gentle, with the western end of the property rolling, there is a functional internal lane system.

Improvements include a 40-aside herringbone cowshed with in-shed feeding, a calving pad, and concrete silage pad. Three excellent larger homes are on the property, one of which underwent a major renovation last year. The property is consented for 700 cows.
Approximately 50% of the existing syndicate are looking to exit after 13 years of ownership. The remaining syndicate would like the incoming equity to include a hands-on equity manager and/or new investor.

There is opportunity to lift production and increase long-term value on this well-presented dairy unit. Information on share valuation, financial history, shareholder returns, governance, farming system, financial reporting, and other details is available to genuine interested parties. A 50% sale will be based on land and buildings at $36,000/hectare, with settlement date June 2027 (or by agreement). The 50% offering can be sold as one, or alternatively in smaller percentage parcels to more than one party. Contact sole agent Matt Harrington for further information and inspection.


Land Area

245 ha

Nearest Town

Gore, 14 km

Primary School

Knapdale and Gore.

Secondary School

Gore.

Freezing Works

Waitane, 18km

Salesyards

Charlton, 18km

Present Condition (areas approximate)

12 hectares planted in fodder beet (4 ha lifting beet). Part of the area is grazed prior to drying off. Very good regrassing history overall with only 14 hectares not regrassed in last 10 years.

Contour Description

Farm is a mix of flat/gentle contour with some rolling areas towards western boundary.

Aspect

North.

Soil Types

Well balanced soils being Benio, Waikoikoi, Chatton, Otama.

Average Rainfall

950 - 1,000 mm.

Weeds

Some gorse.

Main Paddocks

71

Holding Paddocks

4

Walking Distance to Shed

1.9km at longest.

Water Supply

There are two bores on the property with one not in use. The main bore supplies stock water and dairy shed
washdown. Water is reticulated via 40-50 mm lines, which supply the troughs as well as four storage tanks situated at the cowshed.
The water permit expires on 13th June 2027 and is for 90 cubic metres per day.

Houses have mix of bore water and water from roof.

Consent renewal process is underway with Landpro.

Effluent

Effluent is gravity to a sump beside cowshed yard. It is then pumped to sludge beds where there are weeping
walls for separation. Liquids are then pumped to lined storage pod. Effluent is applied via pods and travelling irrigator. The effluent is reticulated with underground hydrants. There is also recycled green wash water used for flood washing the cowshed yard.

Consent for 700 cows until 13 June 2027.

Consent renewal process is underway with Landpro.

Cow Numbers

Peak milk cow numbers are 600

Cow Numbers Consents

700

Fertiliser

Good fertility overall. Soil tests available on request.

Access and Roads

Chittock Road and Gold Creek Road. There is an underpass that connects 31 hectares south of Gold Creek Road.

Supplements

Normally purchase in 120 t of silage.

Additional Feed Purchased

Normally in-shed feeding is around 550 - 600 kg DM/cow.

Supplement made on Farm

Normally 350-400 bales of baleage made on farm.

Homestead

Roughcast home situated on elevated site on Gold Creek Road. In last year the house has had a full renovation with approx. $450,000 spent so now brand new inside. Three bedrooms + office. Open plan dining/living/kitchen (with scullery). Garaging is attached.

Other Homes

A solid three bedroom and office brick and roughcast home. The bathroom has been recently renovated in 2020. Open plan kitchen, dining, and living. Heating is through wood burner and
diesel central heating. There is an internal access double garage with another single garage.


Farm Buildings

40 aside herringbone cowshed with Nu Pulse plant and additional concrete race areas. In-shed feeding was installed approx. 4 years ago.

Large calf rearing facility, implement shed with workshop, haybarn and further storage sheds. Cattle yards on the 31 hectare block. There is a concrete based with nib walls silage pad that can hold 300 tonne as well as stand off area and additional feeding area all located beside cowshed.

Farm Chattels (Plant & Machinery)

Plant in cowshed, water supply and fittings, effluent fittings, electric fence unit.

Shelter and Trees

Array of shelter.

Wintered Stock (numbers approximate)

640 to winter/calve for the 2026/27 season.

Matthew Harrington
Matthew Harrington

Rural Salesperson

P03 218 8959
M027 498 0474


Email Enquiry View my Profile