855 Argyle-Otahuti Road, Waianiwa, Southland

Located just 15km south-west of Palmerston North, this 67.3142 ha dairy farm presents a compelling opportunity to secure a well-balanced, manageable dairy unit at exceptional value. The farm peaks at approximately 122 cows and holds consent to milk 130 cows. The land comprises around 40ha of flat, productive dairy country, complemented by 26ha of gentle rolling contour and some sidlings, providing a practical and efficient farming layout. Environmental stewardship is evident through established riparian planting throughout the property, adding both long-term sustainability and visual appeal. Complementing the farm is a large three-bedroom weatherboard home that has been modernised throughout, offering comfortable and attractive rural living. Priced at approximately $37,000 per hectare, opportunities of this calibre and value, so close to Palmerston North, are genuinely hard to beat.

$2,500,000 + GST (if any)

Waihora is an exceptionally well presented, high performing dairy enterprise featuring a simple, efficient layout, strong soils and a proven history of excellence. With long term management in place, high fertility and substantial scale supported by long held lease land, this property offers reliability and premium performance just five minutes from Palmerston North. Key features: •Efficient layout and quality land: Flat contour with excellent access across the property Free draining silt loam soils High standard pasture renewal supported by summer cropping and strong fertility •Infrastructure: Well maintained 60 bail rotary dairy with automatic cup removers and auto drafting Efficient, compliant effluent system •Proven management: Long term on farm management team in place for the past five years 2018 Winner - Dairy Business of the Year, reflecting excellence in systems, performance and sustainability •Scale and production: 267 ha freehold plus 92 ha transferable lease (in place for 15+ years) Peak milking 1,000 cows Producing 435,421 kgMS for the 2024/25 season, currently 7.4% up on last year with target of 461,000kgMS for 2025/26 326 cows winter milked •Accommodation: Three houses on the freehold land plus attached singlemans quarters One house available on the leased block With a track record of award winning performance, modern infrastructure and high quality soils, Waihora stands out as a premier dairy operation with the systems and scale to deliver exceptional results. Non binding expression of interest closing 11am, 25/2/2026.

Tender

Tollbridge presents a well balanced mid sized dairy operation with strong soil types, reliable irrigation and modern infrastructure supporting efficient farm management. Located close to town and offering additional leased land, this property delivers both security and flexibility. Key features: •201 ha freehold with an additional 40 ha transferable lease, providing a practical and efficient farming footprint •Irrigation security: 100 ha irrigated, supporting consistent pasture growth •Production and capacity: Peak milking 620 cows Producing 283,255 kgMS for the 2024/25 season, currently 5.7% up on last year, targeting 307,000kgMS for 2025/26 246 cows winter milked •Infrastructure: 500 cow feed pad and well designed loadout yards 40 aside herringbone cowshed providing efficient daily milking New Kliptank effluent pond •Accommodation: Two houses, suitable for staff or family living •Land and location: Good balance of soil types across the property Strong proximity to town, providing convenience for labour, schooling and services Combining irrigation, modern infrastructure and reliable production, Tollbridge is a capable and well rounded dairy operation offering strong value and long term farming security. Non binding expression of interest closing 11am, 25/2/2026.

Tender