Farmlands Real Estate Ltd
Licensed under REAA 2008
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Attention All Vegetable Growers, Cropping And Dair

TU10979 - South Canterbury - By Negotiation

Due to circumstances outside the Vendors control, this significant opportunity is available to the market again.

Vegetable And Cropping Business
110 Hectares For Sale - Naughton and Foley Roads
215 Hectares For Lease - Divan Road

A unique, and possibly once in a lifetime, opportunity to purchase and lease a substantial amount of premium irrigated South Canterbury land. Located on the Levels Plain which is on the fringe of Washdyke and Timaru. The land is currently growing a diverse range of vegetable crops, cereals and small seeds with contracts to supply local and international markets.

The soils of these farms are high quality Templeton silt loams, well proven for their capabilities to produce consistently high yields and quality product.Could also suit dairy conversion or support.

Irrigation Water is supplied from the reliable Opuha Irrigation Company and the shares are included with the sale of the land. The following options are available for sale and lease.

Option One - For Sale: 110 hectares in four titles on Naughton and Foley Roads. Fully irrigated by pivot, lateral and gun. (Sold in total or as 95 hectare and 15 hectare parcels).

Option Two - For Lease - Evergreen min 5 year term: 215 hectares on Divan Road. Fully irrigated by pivot, lateral and gun irrigators. Additional leasehold blocks may also be available on nearby properties currently being farmed by the vendor.

Option Three: Expressions of interest in supply contracts and purchase of equipment for growing carrots, potatoes and onions plus arable crops. It would be desirable that the Lessee would purchase and utilise the very efficient carrot wash on the Divan Road farm. Also available for lease is the 2,100m2 drying shed at Southern Packers Ltd.

This is an incredible opportunity for growers to expand or to get economies of scale and security through existing contracts. The vendors preference is to provide an opportunity for a motivated young farmer and as such would prefer one entity to purchase/lease the whole business but would consider all options on their merits including pastoral options.


Listing Details

Foley Road
Levels
South Canterbury
Category: Rural Mixed
GV: $3,850,000.00
LV: $3,770,000.00


Salesperson

Simon Richards   
Phone: 03 687 9624
Mobile: 027 457 0990

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Salesperson

Eddie Moir   
Phone: 03 687 9626
Mobile: 021 731 199

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Land Details

Area: 110.20 HA

Location and Services

Nearest towns: Timaru and Pleasant Point
Rural Mail: 6 days
Freezing Works: Timaru
Saleyards: Temuka

Property Description

Soil types: Mostly Templeton silt loams
Fencing: Cattle and sheep fencing

Improvements

Homestead: Cottage with carport and sleep out
Farm buildings: Hay barn
Farm chattels: Carrot wash, water pump and irrigation plant
Yards: Cattle yards

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