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910 State Highway 1, Okaihau, Far North

Asking price $14,500,000

422.66ha

Central Bay of Islands Large Scale Dairy Farm

Not only the best dairy unit in Northland, but arguably one of the best units in New Zealand that comes with the Bay of Islands location and climate.

This 422 hectare farm is estimated at 349 hectares effective and has produced up to 679,000 kgm/s, up to 600kg of milk solids per cow. Last year the farm produced 617,000 kgm/s.

The farm operates under a split calving regime calving down 300 autumn cows from the 20th March and calves down 820 spring calving cows from the 27th of July onwards.

The herd is a must-buy and as part of a full going concern option, which is available, it is ranked in the top 12% on BW and is ranked in the top 6% on PW.

Sexed semen is used on the top 30% and Charolais and Hereford bulls used on the balance, maximizing genetic improvement and production and dairy beef returns and options.

The farm is in a renowned rainfall belt that averages 2,400mm per annum.

Predominantly free draining volcanic soils throughout ensures easy management with little mud.

The farm has excellent infrastructure including a 60 bale rotary shed fitted with Protrack auto drafting and new ACR’s.

Covered feed pads, ample silage bunkers, large calf shed, and a large effluent system with the ability to irrigate around 200 hectares.

Housing includes a large executive four bedroom home, two four bedroom homes, two three bedroom homes, plus a smaller cottage.

Simply the best as judged by its peers and won the best supreme award in the dairy business of the year in 2019. This was backed up by best financial performance and return on capital.

Full going concern available including stock and machinery. Come enjoy Northland lifestyle and climate, backed by high financial performance and income.

See this listing on Barfoot & Thompson

Additional details

Type

Dairy

Property ID

898847

Listed on

24/09/2024

Updated

yesterday

Data

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Broadband available

Land area

288.03ha

Title

NA87B/354;NA595/28;NA134D/686;NA987/156;NA129B/377;NA1090/169;NA111A/567;NA609/119;NA121C/559;NA66A/354

Legal description

ALLOT 8 9 (DEFINED ON 21333) 10 32-34 OMAPERE PSH LOT 1 DP 180134 LOT 1 DP 187166 LOT 1 DP 21067 LOT 2 DP 201115 LOT 2 DP 206270 LOT 1 DP 208915 LOT 2 DP 116096 LOT 1 DP 146406 PT LOT 1 DP 4126

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Ōkaihau, Far North

Okaihau is a suburb which lies within the Territorial Authority of Far North, one of 59 residential suburbs which form the wider region. Okaihau is the 18th largest suburb of Far North in terms of the total number of residential housing stock. Okaihau provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1960 - 1969. Residential housing stock in Okaihau is made up of approximately 42% residential housing , 1% residential investment housing and 57% lifestyle properties.

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