342ha Lower Northland Dairy (In Receivership)

Note Change of Tender Date - 26th June 2012\nThis well contoured and under performing property is offered for sale by way of receivership tender.\n\nSituated at Hukatere on the Tinopai peninsular, 14kms from Matakohe, the property faces South East and offers a rural outlook with views of the historic upper reaches of the Kaipara Harbour.\n\nFeaturing a milking platform in the vicinity of 280ha and including a 45ashb dairy shed, full range of farm buildings and three homes, this property is poised for growth.\n\nFeaturing 2km of waterfront, ample maize country and generally being of an easy contour the property is currently operated as a split calving operation from 400 cows. Peak production from 450 cows is 110,000kgms.\n\nCurrently the farm is supplying raw milk to Fonterra and the local Northland distributor Fresha Valley\n\nBeing sold with 69,850 Fonterra shares, the farm presents as a growth opportunity to the astute farmer and investor.\n\nA detailed information memorandum is available.\n\nviewing is strictly by appointment.\n