Ruataniwha Plains Dairy Farm Sale – Terrybank

March 14, 2016 at 3:18 pm

Terrybank sold by negotiation in March 2016 and was marketed by Pat Portas of Property Brokers.  Situated on Paget Road in Ashley Clinton, Terrybank is a 183 hectare dairy property with a recently constructed 36-aside herringbone, sold in conjunction with a further 34 hectare runoff block situated one kilometre up the road.  The property has a good array of farm buildings; is predominantly flat contour with some small medium country toward the rear of the main dairy block.  An interesting aspect of this sale is it was sold with a water contract to take approximately 500,000m³ of water if the Ruataniwha Water Storage Scheme proceeds.  It is understood this was well received by the market with none of the potential purchasers raising concern about this water contract.  Analysis of the sale is based on an average efficient system producing approximately 175,000kg milk solids with the property selling for approximately $29/MS.  This illustrates good interest for dairy in the local market given consideration of the wider issues currently surrounding the dairy industry.

Advertisements

Entry filed under: Rural Market.

Farm Sale – Manaroa Variable Order Sharemilker or Farm Manager Position – Taranaki


Calendar

March 2016
M T W T F S S
« Dec   Nov »
 123456
78910111213
14151617181920
21222324252627
28293031  

Most Recent Posts


%d bloggers like this: