Receivers put 1235ha dairy farm milking 2500 cows up for sale by international tender

The milking shed on the farm being sold by its receivers

A 1235 hectare dairy farm south east of Taupo has been put on the market by its receivers.

Taharua Farm on Taharua Rd, at Rangitaiki about 38 kilometres south east of Taupo has been advertised for sale by international tender by Bayleys Real Estate.

The farm is next door to the 13,843ha Lochinver Station, which was to be acquired by Chinese company Shanghai Pengxin, but the sale was blocked by the Overseas Investment Office.

Had the sale of Lochinver proceeded, Shanghai Pengxin would also have acquired Taharua Farm.

Bayleys said Taharua was milking about 2500 cows and in the 2014/15 season produced 519,477 kg of milk solids and was aiming to produce 700,000 kg in the 2015/16 season.

However the livestock grazing the property are not included in the sale.

The farm has four modern, 3-4 bedroom homes on it, two 80 bail rotary cowsheds, two calf sheds, a 100 tonne fertiliser bin, three bay barn and a range of machinery and storage sheds.

Water for irrigation and stock is drawn from the Taharua River and the farm has an effluent disposal system.

Tenders for the property close with Bayleys on March 10.