COASTAL DAIRY UNIT IN RECEIVERSHIP

The opportunity to purchase this coastal dairy farm is offered by way of receivership tender, closing on the 6th December 2013.

Totalling 152.07 hectares, this coastal farm features a mix of quality free draining and fertile soil types, ample water reticulated across the property, two well presented homes and a full range of farm sheds and buildings that further benefit this attractive property.

Well situated 14km from Dargaville town centre, the property overlooks the majestic 100km long white sands of Ripiro beach. A portion of the north facing property is situated below the cow shed and is protected from the predominant winds offering maize country or significant areas of cropping land. With a former history of above average production (for Northland) and an immediate past 3 year production average of 71,153kgMS the new owners have the opportunity to display production levels that better represent the quality of the property.

The property is being sold with the option to purchase 71,152 Fonterra shares and the current milking herd. Soil tests and shed reports are available in a separate Property Information Memorandum.

Available for immediate settlement, take over this year and make your improvements so that you can start the new season ahead of the pack.

Tender closes 3pm, Friday 6th December 2013 (unless sold prior)
Bayleys, 84 Walton Street, Whangarei