139 Phar Lap Road, Timaru, Canterbury

Situated at Seadown, close proximity to Timaru is 85 hectares (more or less) currently run as a dairy farm, irrigated via Southern Cross with infrastructure including a 36-bail rotary shed complete with grain feed system, cup removers, auto draft and teat sprayer. The dwellings include a four bedroom family home and a two bedroom cottage, 454 stall wintering or fattening barn, multiple haysheds' and support buildings. Offers over $4,000,000 with the potential to purchase or lease adjoining properties from our retiring motivated vendors. Currently carrying approximately 570 MA cows (approximately 460 milking at any one time) as well as 100 replacement heifers and 100 calves.

Block One for sale: 262.3ha titled dairy platform, 189ha effective, approximately 126ha irrigated and 63ha dryland. The farm currently milks approximately 460 cows (12 month average) producing a forecasted 295,000kgMS this season with a five year average of 285,000kgMS. Winter milk contracts are currently in place with a 58 cent premium with an average of 620kg per cow, 700kgMS/day for 60 days with a premium averaging and extra $4.00/kgMS. The main platform has good soils, strong production from a high performing herd with land options in place for prospective buyers. Infrastructure includes an impressive 454 stall barn with auto slurry scrapers, 36-bail rotary cow shed with automatic grain feeder, cup removers and automatic drafting.

Block Two for sale: 92.3ha titled, approximately 79ha farmed area. Block two (dryland) is adjacent to block one and can be purchased in addition to the main dairy platform. Currently used to support the main dairy platform.

Block three approximately 35.4ha. One large paddock with two pivot irrigators. Currently planted in maize and new grass. This block also has 37 Opuha water shares.

The 85ha (more or less) property is part of a larger property which is for sale with multiple titles and purchase options, the Seaforth Settlement Road property has sold.