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


Patoka dairy farm offers excellent returns


Few Hawke’s Bay dairy farms come to the market each year and now investors and farmers have the opportunity to purchase a property promising an exceptional level of return in a premier grass growing district.

The Ben Alpin Dairy Farm on Puketitiri Road, Patoka is to be sold by tender, and is expected to draw interest from within and beyond the region thanks to its “summer safe” status on free draining fertile ash soils and good proportion of flat to easy milking area within its title.

Comprising 351ha, including 240ha are flat to easy contour this partially contained dairy unit also includes 50ha of grazing land and 51ha of covenanted QE II bush land, a perfect habitat for deer and conducive to good hunting on the property.

Ben Alpin has been in dairying for a decade, ensuring a purchaser will be acquiring a property with a good standard of infrastructure including a 60 bale rotary dairy constructed in 2009 that includes automatic cup removers and De Laval plant and in-shed feeding system.

Calf facilities are capable of rearing up to 350 over busy spring months. A looped hydrant system dispenses effluent across 85ha of the property. Meanwhile, staff facilities at Ben Alpin are a high standard, including a three bedroom weather board home and a second three bedroom dwelling and a near new single person’s quarters.

Bayleys Havelock North rural salesperson Tony Rasmussen says the opportunity to purchase Ben Alpin will appeal to owner operators from outside the immediate district who appreciate the value such a property delivers compared to more traditional dairying regions.

“You get a lot for your money with this property, it represents the opportunity for some of those operators to almost double the size of their farm business compared to where they may be farming now. The result is you have a dairy unit capable of generating a very healthy level of return based on its capital value,” he said.

That is also aided by the opportunity to run a low cost, low input farming system off a platform that is almost self-sufficient in terms of feed supply and grazing capacity.

“We already have a couple of farmers originally from outside the region who decided to make the move, and have now purchased a second farm in the area, turning out about 1000 kilogrammes of milk solids a hectare at very low cost.”

Resulting soil tests from August this year have Olsen P levels range from 21 to 56, and all soil samples had a pH of greater than 5.6.

Tony Rasmussen says Ben Alpin’s location provides a “best of both worlds” environment.

It is 44 kilometres from Napier and its farm support businesses, shops, schools and coastal attractions, while being located inland in an area known for good summer rainfall, typically averaging 1400-1600 millimetres a year.

“Ben Alpin represents a great opportunity for a farmer wanting to step up in scale. It also offers the flexibility around young-stock grazing options, and even the chance to consider some forestry on some of the steeper country. The on-farm hunting opportunity really is the icing on the cake bonus with this property,” he said

Tenders for Ben Alpin close at 4pm on November 21.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Energy Sector: Meridian Spilled Water To Hike Electricity Prices - Authority Ruling

The Electricity Authority has found that generator Meridian Energy manipulated the power market, costing consumers about $80 million. More>>


XE Data Update: RBNZ Official Cash Rate Decision

The RBNZ will keep the Official Cash Rate (OCR) at 0.25%. T he key points in the RBNZ statement are: RBNZ keeps the OCR unchanged at 0.25% Maintain the LSAP (large scale asset purchase) at NZD$60 billion. Committee prepared to use additional monetary ... More>>


Electricity: Kiwis Ignore Promise Of Cheaper Power

Electric Kiwi and Flick Electric Co are joint winners of Canstar Blue’s award for Most Satisfied Customers | Electricity Providers From putting on an extra layer – rather than turning on a heater – to turning off lights and choosing the energy-saving ... More>>


Economy: COVID-19 Contributes To 1.6 Percent Fall In March Quarter GDP

Gross domestic product (GDP) fell 1.6 percent in the March 2020 quarter, the largest drop in 29 years, as the initial effects of COVID-19 restrictions impacted on economic activity, Stats NZ said today. This quarter’s GDP results showed a widespread drop ... More>>


Electricity: Transmission Pricing For A Low Carbon Future

The Electricity Authority has decided on new guidelines for transmission pricing. James Stevenson-Wallace, Chief Executive of the Electricity Authority says the new guidelines will deliver significant benefits to consumers, through lower electricity ... More>>


ASB: Investor Confidence Falls To Four-Year Low

As the world grapples with the fallout from the most significant pandemic the world has seen in a century, economic concerns are weighing on investors, dragging investor confidence down to a four-year low in the first quarter of the year. For the three ... More>>


Science Media Centre: Funding For R&D In New Zealand – Expert Reaction

Research, Science and Innovation Minister Dr Megan Woods has today announced $401.3 million funding for research and development through Budget 2020 and the COVID Response and Recovery Fund. The fund includes $150 million for an R&D loan scheme, ... More>>


Science: 2019 Prime Minister’s Science Prizes Announced

The 2019 Prime Minister’s Science Prizes have been announced in a digital livestream event today. The Prizes recognise the impact of science on New Zealanders’ lives, celebrate the achievements of current scientists and encourage scientists of the ... More>>


RNZ: Fuel, Alcohol Costs To Go Up From Today

The increase today in the taxes on fuel, road user charges and alcohol is being called a tone-deaf move. More>>


Stardome Observatory: Young Kiwi Astro-Photographer Shoots For The Stars

Matariki by Josh Kirkley. The stars are aligning for up-and-coming Auckland-based astro-photographer Josh Kirkley (Kāi Tahu). During lockdown, one of his images was picked up by NASA and shared on the space agency’s Instagram to its 59.2 million ... More>>

DCANZ: Time For EU To Commit To A Level Playing Field For Trade

The Dairy Companies Association of New Zealand (DCANZ) has welcomed New Zealand Trade Minister David Parker’s statement that it is unacceptable for New Zealand exporters to continue facing an ‘unlevel playing field’ in the EU. Details leaked ... More>>


Potatoes New Zealand: Protecting NZ Fries As Part Of PNZ Pandemic Recovery & Transformation Plan

Potatoes New Zealand has met with Minister Faafoi this week to discuss investigating the potential importation of heavily discounted frozen potato chips into New Zealand. With MBIE’s support we are undertaking an investigation to gather evidence of the ... More>>


New Zealand Government: Supporting Kiwi Businesses To Resolve Rent Disputes

The Government will legislate to ensure businesses that suffered as a result of the COVID-19 response will get help to resolve disputes over commercial rent issues, Justice Minister Andrew Little announced today. More>>


Science Media Centre: Understanding 5G Concerns – Expert Q&A

Recent attacks on cell phone towers have brought concerns over the rollout of 5G technology into sharp relief.
While scientific research has consistently shown that the technology does not adversely affect human health, public concerns about its impact have spread around the world, fueled in part by growing misinformation online. The SMC asked experts to comment... More>>


Trade: Record Monthly Surplus As Imports Dive

Imports in April 2020 had their biggest fall since October 2009, resulting in a monthly trade surplus of $1.3 billion, Stats NZ said today. “This is the largest monthly trade surplus on record and the annual goods trade deficit is the lowest ... More>>