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3722 Waimate Highway, Glenavy, Waimate

Price By Negotiation

149ha

Morven Dairy Opportunity

This new to the market 149 ha (approx) property is situated on the West side of the popular Morven district in Waimate. It has great location, soils and size along with grass-growing ability and a sound herringbone shed.

A must view for any sharemilkers looking to make the first step to farm ownership or anyone looking to add a further farm to their operations. It is in the price bracket enabling a growth strategy without over-extending oneself. An opportunity for anyone who seeks a farm with the basic infrastructure in place and requires the finishing touches to make it a real gem.

There is genuine upside here for a property that is operating under a minimal input system and the pivot irrigation programme still to be fully completed. The property is irrigated by 3 centre pivots and K line from the reliable MGI irrigation company, 144 shares in MGI are included in the purchase.

Presently milking 480 crossbred cows with consent for 500. The centrally located 40 aside herringbone shed is tidy, efficient, complemented by a grain crusher and meal feeding system. The effluent management system is a quality feature and includes 3 lined ponds and sprayed out to the land via K line pods. The main homestead and 2 staff units nearby round out the housing and all have great views to the hills and ocean. The calf rearing shed is well located to the working dairy and includes water and power to the 5 deep bays, enclosed on 3 sides, near new shed.

The farm has a great balance of rolling country, being heavy silt loams over clay and the fertile flats being quality Morven silt loams. Both have very good moisture holding capabilities.

Seldom will properties in this desired location come to the market in the future. Call the sole agents today for more information and view the property.

Additional details

Type

Dairy

Property ID

eagle_1494592

Listed on

22/10/2024

Updated

30/10/2024

Data

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Property data

Broadband available

Land area

149.13ha

Title

CB32B/77;CB35B/1039

Legal description

PT SECS 18-19 BLK VII WAITAKI SD

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Glenavy, Waimate

Glenavy is a suburb which lies within the Territorial Authority of Waimate, one of 16 residential suburbs which form the wider region. Glenavy is the 3rd largest suburb of Waimate in terms of the total number of residential housing stock. Glenavy provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Glenavy is made up of approximately 89% residential housing and 11% lifestyle properties.

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