Further upside at McLeays


376 McLeays Road, Waimate

Private Treaty

Download Email
Further upside at McLeays | 376 McLeays Road, Waimate | 558350 |      X Close
Image
Description

Further upside at McLeays


Deadline Sale 4pm, Thur 8 Nov 2018 (unless sold prior)

A well-located farm with good soils and scale, underpinning the future upside through changing irrigation and re-grassing, providing a solid asset for investment.

McLeays Road dairy is 321.0086 hectares in two blocks (225.48ha and 95.52ha approximately) and has an effective area of 316 hectares. Close to the coast, this dairy farm has some great attributes - low-cost water provided through the Morven Glenavy Ikawai Irrigation Scheme, a 54-bail rotary dairy with in-shed feeding, four houses and a number of sheds, including calf-rearing sheds. During the 2017/18 season, 870 cows were milked and the projected number for the current season is 1,025 cows with an expected yield of 440,445kgMS.

With the planned upgrades to the Morven Glenavy Ikawai scheme by 2022, there is tremendous upside for this well-located farm allowing the new owner all the benefits of increased production through converting to spray irrigation, efficient water use and better nutrient management.

This property may also lend itself to development as a self-contained unit due to its size and block separation, and it has the potential, with further development and inputs, to join other top-operating and performing dairy farms in the area.

376 McLeays Road, Waimate

Open in map