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$2,095,000 + GST (if any)


Land Investment with Yield


The property is a 99.6809 hectare specialised dairy support unit with a further five hectares outside of title being farmed. The farm has been set up for wintering dairy cows and in-calf heifers. Crops are planted in October/November and silage made throughout the year. Stock arrive on the property for the winter period and go onto crop and grass for wintering for a 10-11 week period. They are also fed silage. The soil type suits winter grazing and stock do very well. The current owner of the farm will lease the property back off the new owner with a rental set at $1,000/hectare + GST. This equates to a 4.75% yield per annum to the land owner. This property would suit an astute investor or retired farmer looking for a passive agricultural landholding investment in Southland with the comfort that the land will be well managed, looked after, and immaculately presented by the lessee. The same opportunity is on offer for 116 hectare property located at 207 Dunrobin Valley Road.


Land Area

100 ha

Nearest Town

Mossburn, 17km.

Primary School

Mossburn Primary, 17km.

Secondary School

Northern Southland College, 37km.

Freezing Works

Alliance Lorneville, 86km.

Salesyards

Castlerock, 31km.

Present Condition ( areas approx):

There is an additional five hectares outside title that is farmed. Paddocks 3, 4, 6, 7 and 8 in kale and chow. Paddock 5 in swedes (clutha gold). 95% of the farm has been regrassed in the last seven years.

Contour Description:

Flat contour.

Aspect:

North aspect.

Soil Types:

Drummond and Glenelg, free draining.

Average Rainfall

1100mm annually

Weeds:

Very clean throughout.

Main Paddocks

20

Water Supply

Bore by shed (clean water), 40mm lines with at least two troughs per paddock. Some paddocks up to four troughs.

Fertiliser

Very good fertility overall, as per Ballance recommendations. Soil tests on file.

Access & Roads

The farm is accessed through a legal right of way which comes off Mossburn Wreys Bush Road. Access can also be obtained from the north end off Dunrobin Valley Road. This access is also through a legal right of way.

Well laid out with excellent internal lane access, lanes upgraded 2019.

Supplement made on Farm

8 tonne dry matter is harvested for silage and goes into the silage stack.

Farm Buildings

Four bay shed.

Farm Chattels (Plant & Machinery)

Electric fence unit and water supply.

Silage Pits and Pads

Concrete silage bunker, one other silage stack in paddock.

Yard

Communal yards to south of the block. Own 1/9th share of these communal yards.

Wintered Stock (numbers approx)

Approx. 700 cows and in-calf heifer's for wintering on average for 10-11 weeks.

Matthew Harrington
Matthew Harrington

Farm Sales

P03 218 8959
M027 498 0474


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