Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Century Old Family Farm Changes Hands in Waikanae

28 June 2005

Century Old Family Farm Changes Hands in Waikanae

The well known Field family farm just South of Waikanae known as ‘The Tini’ has finally changed hands after over a century for just over $3 million.

The 295 hectares (730 acres) has been farmed as a diary farm for decades and most recently had hill areas planted in forestry and some parts used for beef/sheep finishing.

Director of Harcourts Mana-Kapiti-Horowheunua, Stuart Pescini, said the Field family was very well known and respected in the area with their name synonymous with progress in farming and residential development. William Field was a Member of Parliament in the late 1800s.

Mr Pescini added that buying interest in the farm had been very strong as “there are not many true farms left in the area with significant blocks of land such as this becoming more and more rare. The increasing number of lifestyle blocks and other developments means farms of this size coming to the market so close to major urban areas are now few and far between.”

He noted that the new owners had already confirmed they were looking to continue farming the land which the sellers were “delighted with”. A total of eight offers were received during the Tender process with most buyers from the greater Wellington area.

Harcourts National Rural Manager, Kim Shannon said while there continued to be strong buying confidence nationwide for farms, “The marketing and method of sale used by Harcourts Mana-Kapiti-Horowhenua still played a crucial part in the successful sale of The Tini Farm”.

The property was marketed by Trina James, Malcolm Wright, Andrew Pierce and Tony McEwen.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>