This 49 hectare dairy unit, in Elstow, is priced at $1,900,000 plus GST (if any). Incredibly this is $1,000,000 below its Rateable Value.

The all-flat contour of sandy loam and alluvial soils makes for a very fertile and easy to manage property with a great variety of farming options beside dairying.

The 14 aside dairy is well located and has two races feeding out to all 32 paddocks.

With 160 cows being milked historically production has been around 60,000 milk solids. Calves are carried on with R2's grazed off.

Water is sourced from a bore, passing through a filtration unit and pressure pumped around the farm.

Effluent is captured in two ponds and pumped via a PTO driven pump to cover approximately nine hectares.

The 276sqm (more or less) homestead is spacious with four bedrooms, ensuite, games room and double garage. A very comfortable home indeed.

Good support buildings are all adjacent to the dairy shed.

This is an extremely well laid out farm with a nice array of shelter trees giving great visual presence.

This property, which is part of a block of Thames-Coromandel District Council lease in perpetuity farms, will present to a buyer the same opportunity to get a great start in the industry as current owners have enjoyed.