NZR Real Estate Limited - Wairarapa
Real Estate Agents
- Listing #:
- RX4753169
- Listed:
- 55 days ago
$13,750,000
At $43,000/ha The Figures Speak for Themselves
215a Wairio Road, Featherston, WairarapaDairy Farm
-
- 319.7 Hectares Land Area
About this property
This well-developed 320ha dairy unit has a modern 60-bale fully equipped rotary shed (ACR, milk meters, Protrac), 400 cow feed pad, calf rearing sheds, three staff houses and an owners accommodation. There are 3 pivots covering 195ha and effluent sprinklers over a further 65ha. The farm has excellent irrigation RC's - a 72l/s river take and a 40l/s category C bore that allows 80l/s if the river take is restricted. The effluent RC has been renewed. The productive fertile soils have had $900k spent on drainage.Milking approx. 800 cows the farm has a sweet spot of around 400,000kgMS(450-520kgMS/cow). The historical EBIT is impressive, additionally, a 213ha leased support block may be available.
Options exist to split the farm into a 152ha bare land irrigated finishing / support / run off and the dairy farm infrastructure on 168ha.
At this buy in price and 7 figure EBIT level this property presents a compelling investment opportunity.
Priced at $13,750,000 (+GST, if any)
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