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Otautau

870 Waikouro Wairio Road, Otautau, Southland

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222.19 ha Land area SQM

Equity Partnership Divestment


Our vendors instructions are very clear, they want a sale and have now priced the farm to sell. The decision has been made to liquidate their interests in the farm as partners and pursue other opportunities after ten years of ownership.
Located in the reliable dairying area of Aparima, 37km to Winton and 64km to Invercargill, this farm features an ideal rectangle shape with attractive trees and shelter across the property. The farm comprises 222 hectares with an excellent, wide internal race system and feature infrastructure includes a 56 bail rotary cowshed with in-shed feeding, Protrack, ACRs and a large circular yard. There are three houses on the property making the overall infrastructure sufficient for a farm of this size.
The five year production average is circa 235,000kg MS from circa 570 cows peak milked under a low input system but produced 286,000kg MS under a different management system in the 2013/2014 season. The effluent system is currently being significantly upgraded and will be in place by the settlement date.
Inspection is recommended.

Asking Price NZ$8,665,400 + GST (if any)
Hayden McCallum

Hayden McCallum


Country & Co Realty Ltd,
Licensed under the REA Act 2008
Matt Harrington

Matt Harrington


Country & Co Realty Ltd,
Licensed under the REA Act 2008

Features

Cowshed


Well appointed 56 bail rotary cowshed with Protrack, ACRs and in-shed feeding. There is a circular yard with backing gate and double load-out ramp to side of the yard.

Present Condition


There is approximately 11.5 hectares in fodder beet for the winter of 2022. 2.5ha will be grazed in the autumn and used for transitioning cows pre-winter. Balance in permanent pasture.

Production


2022/23: Target 260,000kg MS ex 570 cows peak milk. 2021/22: 215,526kg MS ex 570 cows peak milk 2020/21: 236,181kg MS ex 568 cows peak milk. 2019/20: 240,489kg MS ex 568 cows peak milk.

Stock and Plant


The Friesian cross herd is very well recorded with significant investment in breeding and will be available for purchase subject to valuation.