Central HB Dairy Farm Sale

April 5, 2012 at 12:55 pm

A dairy farm located on SH 2 near Norsewood recently sold at auction. This is the first Central Hawkes’ Bay dairy sale which was not of a forced nature since March 2010. A 175ha property with target production for this season of 185,000 Milk solids from 600 cows. The sale includes an option to lease a further 75ha of adjoining land, and share milk contract with 2 years to run.  Improvements include a four bedroom dwelling, 40 aside Herringbone milking shed plus a number of calf, implement and hay sheds. Land comprises predominantly near flat pastures of which 160ha is milked off.  This sale equated to a Land Value per hectare of $21,300 and Sale price per Milk Solid of $25, based on a target production of 185,000MS (excluding shares).  This sale is considered consistent with current land values in this locality and market conditions.

Advertisements

Entry filed under: Rural Market.

Leasehold Land Issues: Glasgow renewable lease Silver Fern Farms Hawke’s Bay Farmer of the Year 2012


Calendar

April 2012
M T W T F S S
« Nov   May »
 1
2345678
9101112131415
16171819202122
23242526272829
30  

Most Recent Posts