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

 

Conservation trust seeks tenant for dairy farm

Media Release
8.12.2016

The Isaac Conservation and Wildlife Trust is seeking a tenant for its dairy farm


The Isaac Conservation and Wildlife Trust seeks a tenant for the 80 hectare dairying operation in McLeans Island Road, Harewood – directly opposite Harewood Golf Course. The lease marketing campaign is being undertaken by Bayleys Canterbury, with tenders closing on December 14.

The dairy operation is part of the revenue activities of the Trust, which administers an expansive 1100 hectare flora and fauna sanctuary adjacent to Christchurch International Airport.

The Trust is a well renown not-for-profit wildlife organisation and is currently the only facility in the world breeding orange-fronted parakeets in captivity, and the only facility outside of the Department of Conservation to breed the rare black stilt and New Zealand shore plover bird species. It runs one of New Zealand’s most expert incubation and hatchery for rare breed chicks.

In addition to funding the wildlife breeding programme, planting of native flora and conservation of early Canterbury architecture, The Isaac Conservation and Wildlife Trust also financially supports educational and research recipients - funding post-graduate scholarships for students at Lincoln and Canterbury universities.

Bayleys Canterbury rural sales specialist Ben Turner said the lease was being offered for a five year term beginning in June next year, with one further five-year right of renewal.

“Lease payments to the Isaac Conservation and Wildlife Trust are based on a percentage of the milk solid payout and production levels achieved on a month-to-month basis,” Mr Turner said.

The rationale for this is to reflect any volatility in milk pay-out levels which the lessee could experience over the length of the tenancy, rather than at a set per hectare rental figure which could become financially burdensome when times get tough.

“The current lessee is milking between 250 – 300 cows on 90ha, producing approximately 110,000 kilograms of milk solids per year including approximately 4500 kg MS from winter milking 60 to 70 cows. Also, approximately 120 bales of hay are made annually.

“There is a minimum production level required under the terms of the lease of 80,000 kilograms of milk solids per year, on a reduced farm size.”

The property operates a 30-aside herringbone shed, with cows grazing on 32 paddocks serviced by a central lane.

Farm infrastructure includes a three-bay barn, calf-rearing sheds, a hay/implement shed with a lockup workshop and grain and meal silos. Included in the lease is a three-bedroom homestead, with the option to lease an additional two-bedroom farm worker’s residence.

Mr Turner said the flat-contoured farm had Selwyn District Council consent to draw irrigation water from the Waimakariri River, with additional water drawn from a gallery on the property with a separate well at the cow shed providing stock water, as well as for the shed and house. A 300 cubic metre capacity effluent pond enabled processing of waste product.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>

Commerce Commission: Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time

Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More>>

Stats NZ: Auckland Population May Hit 2 Million In Early 2030s

Auckland’s population may rise from about 1.7 million currently to 2 million by early next decade, Stats NZ said today. “Auckland will likely have the highest average annual growth of New Zealand’s 16 regions over the next 30 years, from ... More>>

Air New Zealand: Business Travellers Return To The Skies In Record Numbers

After a year of talking to a computer, Kiwis are leaving the office to re-connect with their clients, suppliers, and staff. New figures released by Air New Zealand show domestic business and corporate travel has defied global trends by returning ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>

LPG Association: Renewable LPG Achieves Emissions Budgets With No Need To Ban New LPG Connections

Renewable LPG can supply New Zealand’s LPG needs and achieve the emissions reductions proposed by the Climate Commission without the need to ban new connections, a new study shows. The investigation, by leading consultancy Worley, was prepared for the ... More>>

Commerce: House Values Continue To Climb As New Government Measures Announced

The Government’s new initiatives to quell the rocketing housing market were announced last week, just as house prices hit a new high for the end of March. The average value increased 7.8% nationally over the past three-month period, up from the 6.8% ... More>>