104 Irthing Road, Lumsden & Surrounds, Southland

Prime Irrigated Dairy Grazing - Equity Opportunity

Seldom does an equity syndicate opportunity present that provides a tangible unique solution to one of Southlands key components of running a dairy farm. On offer for sale is an equity shareholding of circa 50% share of a magnificent 346ha (274ha under pivots) specialist dairy grazing block at Castlerock. The farm has been developed to dairy conversion standard with exception of cowshed. Shareholding for sale includes land, buildings, machinery and existing overall management structure in place performing to an outstanding level which provides peace of mind.

2022 wintering numbers were approximately 4,180 MA cows, 849 in-calf heifers (May), 416 one year heifers, 445 Wagyu beef in-calf cows (34 days in Aug/Sept), and 73 steers/bulls. The likely equity shareholding purchaser(s) would be a dairy farming business that wishes to have an investment in the going concern operation and ability to supply stock to the farm, which in turn would underpin their own dairying business.

The equity share percentage on offer is negotiable and can be sold as one, or to two parties with a takeover date in September 2023. Financial information including projected return on equity available to interested parties.