Large-scale highly fertile stock finishing farm for sale

Media Release

15 .4.2019

Large-scale highly fertile stock finishing farm placed on the market for sale

Wetlands

A highly-productive farm whose grazing stock once produced prized wool used by one of New Zealand’s foremost carpet manufacturers has been placed on the market for sale.

Puketotara, near Huntly in the Waikato, was previously owned by Douglas Bremner – the businessman who founded the legendary Bremworth Carpet brand in 1959. Wool from the Drysdale sheep farmed at Bremner’s Puketotara farm was used in the production of quality carpet manufactured at the company’s mill in South Auckland.

The Bremner family sold the property in 1989, and soon after it was converted into an intensive breeding and finishing farm – stocking beef and sheep and producing cash crops.

The 1145-hectare Puketotara block has an effective grazing area of some 970-hectares of fertile soils – with native bush, wetlands and rock outcrops features of the property.

The freehold property at 577 Bain Road some 18 kilometres north-west of Huntly is now being marketed for sale by tender through Bayleys Hamilton, with tenders closing at 2pm on May 8, 2019.

Bayleys Hamilton salesperson Mike Fraser-Jones said that in addition to the freehold land, purchasers have the option of securing the lease interests in an additional 19-hectares.

“Puketotara is capable of wintering up to some 12,000 stock units grazing in 171 paddocks – with electric fencing subdividing the rolling countryside into more than 400 paddocks over the winter months,” Mr Fraser-Jones said.

“This intensive subdivision provides efficient grazing and pasture utilisation. A

well-maintained all-weather metaled central race with lateral routes running off the spine provides good access to most parts of the farm.

“Water is pumped from a stream running through the centre of the farm to 17 storage tanks. The property has an average recorded annual rainfall of 1,200 millimetres spread relatively evenly throughout the year.

“Pasture renovation through the cropping regime and the implementation of drainage on the peat flats has seen a major lift in the effective farmable land size and consequential productivity,” Mr Fraser-Jones said.

“In addition to the grassed farm area, an average of 410 bales of baleage is grown annually. Puketotara also grows some 40 hectares of chicory and brassica crops as supplementary feed.”

Sheep sold from Puketotara in the year to June 30, 2018, hooked at an average of 19.46-kilogrammes, while bulls sold in the same period hooked at an average weight of 315-kilogrammes.

Building Infrastructure on Puketotara consists of:

A five-stand 462-square metre woolshed with 900-animal night pen capacity

Four half-round steel-framed hay barns

A 355-square metre concrete floor high stud implement shed

Two sets of stock yards – with the bigger of the two sites built on concrete and with wash-down facilities, and the smaller site containing a covered stock weighing facility

and

A 200-square metre open top fertiliser bin delivering a 300-tonne storage capacity.

Meanwhile, accommodation on the farm encompasses four dwellings:

A large 249-square metre five-bedroom/two-bathroom homestead with games room, offices, and a swimming pool

A three-bedroom manager’s residence

A three-bedroom open-plan dwelling

and

A two-bedroom dwelling.

Mr Fraser-Jones said the bulk of the property is contoured in flat to gently-undulating topography – with 210-hectares in medium-hill pasture, 91 hectares of peat flats, and totara bush on the hills and wetland areas making up some 88-hectares of the farm.

“Very few weeds are evident on the property – having been well controlled with an effective and on-going control programme,” he said.

ends

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