Vintage 2024: Wairarapa
The 2024 vintage could be one of Wairarapa's greatest yet, says Foley Wines winemaker John Kavanagh, who heads the winery team at Te Kairanga.
A 202ha, FLAT, dry-stock farm, described as one of the most admired in the Wairarapa, sold under the hammer last week at $5.61 million, well in excess of its $4.8 million 2011 government valuation.
Brought to the market by Gary Scott of PGG Wrightson Real Estate, Masterton, and sold at auction on May 8, the property, 'The Grange', is situated between Masterton and Carterton.
Gary Scott said around 60 people attended the auction.
"Bidding was brisk with five different bidders, including two parties bidding by phone. In the end, as often occurs with rural real estate, the successful purchaser was a neighbouring farmer who intends to consolidate 'The Grange' with his existing property, which is used for cropping and lamb finishing.
"At that price, the property exceeded the reserve and also surpassed most people's expectations, leaving both vendor and purchaser satisfied with the outcome," he said.
Scott sys, over the past 12 months, local rural property values have firmed and the number of sales has risen.
Described as a multi-use property, with capacity for finishing, breeding, cropping or dairy support, 'The Grange' features a 13-year-old, four-bedroom, two-storey homestead, and was in the hands of the previous owner for about 20 years.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
OPINION: The distress that the politicians and bureaucrats are causing to the people of Wairoa and the wider Tairāwhiti is unforgivable.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.