215a Wairio Road, Featherston, South Wairarapa, Wellington

Good soil and water gives astute buyers options - intensive cropping, stock finishing, dairy support or as its current use - a well developed 300ha platform dairy unit - supported by a huge set of improvements being three houses, owners flat, a modern 60-bale fully equipped rotary shed, feed pad and significant sheds. Under sound management, the farm consistently produces around 420,000kgMS at 500kgMS per cow. The historical EBIT has been very impressive - and this should only improve as the industry looks to be at the start of a golden period (Financial details available). Additionally, a 198ha leased support block is available, adding further scope to your investment. Irrigated bare land has been selling for around $40,000/ha in the Wairarapa- just look at the infrastructure on this property that is effectively "thrown in". Options exist to split the farm into a 152 ha bare land irrigated finishing / support / run off and the dairy farm infrastructure on 168ha.

At this buy in price and 7 figure EBIT level this property presents a compelling investment opportunity.