Opiki - One of Opiki's finest

Price Negotiation
Location 690 Poplar Road, Opiki
Type Rural Dairy
Land 902400 m2
Listing No # FR78099
Listed 16/10/2020
Views 1

Description

Referred to as "one of the best in the area" this 90-hectare dairy farm located in the heart of Opiki, will tick all the boxes. Opiki is considered one of the leading farming districts in the greater Manawatu and is only 20 minutes south of Palmerston North city.

Currently being operated as part of a larger unit regularly producing in excess of 1,300 kgMS per hectare, the property boasts some of the finest soils in the lower North Island and is serviced by a modern 50 bale rotary cow shed plus a comfortable dwelling. There are immediate options to increase the scale and number of improvements with additional land, support infrastructure and a premier home available to be purchased.

An aggressive pasture renewal program has resulted in excellent modern pasture swards which are complemented by the sandy and silt loam soils, Olsen P levels of 45 - 64, excellent drainage and a reliable climate. A 220-metre deep artesian bore located at the cowshed, provides water to the 18 paddocks that are serviced by a central race system and fenced with 2-3 wire electrics. The existing resource consent allows for 600 cows to be milked and expires in 2028.

All improvements are in excellent condition, the 2008 built 50 bale rotary cowshed, recently renovated four-bedroom house, large fully enclosed implement shed and half-round hay shed all provide a quality level of improvements, whilst not over capitalising the property.

With the Vendor also owning the three parcels of land opposite the dairy unit, a total of 85 hectares, and having a willingness to entertain further purchase or lease options around these titles, this property represents an opportunity to invest in one of Opiki's best dairy units and take advantage of the cashflow benefits of larger scale dairying without balance sheet restrictions.

Call Blair or Stuart today to view or discuss the options around this property.

Contact our agents

Blair Cottrill

P: 09 323 1538
M: 027 354 5419

Property Brokers Limited (Licensed: REAA 2008) - Feilding

54 Kimbolton Road
FEILDING , 4702

Stuart Sutherland

M: 027 452 1155

Property Brokers Limited (Licensed: REAA 2008) - Feilding

54 Kimbolton Road
FEILDING , 4702
RealEstate Agents contact details and original listing on www.realestate.co.nz -