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Award-winning farm with latest tech awaits in North Otago

Awardwinning farm with latest tech awaits in North Otago

An award-winning, hybrid dairy farming system with modern infrastructure enabling remote-managing and year-round milking in North Otago offers buyers the chance to secure a high-yielding farm with an eye firmly on the future.

The Gleniffer Farming Enterprise is approximately 30 minutes from Oamaru and is located at 39 Tilverstowe Road and 541 Tokarahi-Ngapara Road, Island Cliff, in the Waitaki Valley in North Otago.

The farm is owned by John and Ruby Foley and includes 111.19ha of land for purchase, while approximately 60ha of land is available for lease.

John Foley says it has been an incredible journey to build the Gleniffer property, which won the North Otago Irrigation Company Environmental Award in 2015 and 2019.

“It’s run as an enterprise rather than an extensive farming operation. The simplicity of it is it’s measurable, productive, and provides financial rewards,” Foley says.

“The reason we set the farm up as we have is there’s got to be a return on investment and this demonstrates that rather than just relying on capital gains from the land, this is an investment proposition. It’s farming for the future with enterprise value. When designing this system, we placed a lot of emphasis on having happy cows.”

The business runs an average herd size of 435 cows and is forecast to produce 300,000kgMS for 2022 with an Oceania milk contract supplying UHT milk plus a premium winter milk contract.

The milking herd is split into spring and autumn herds milking year-round. Feed and milk performance is monitored with a focus on feed utilisation.

Lower fertiliser costs through the limited use of synthetic fertilisers is another key function of the farm, which is designed to exceed regional and national environmental standards.

The 111.19ha hybrid farm system includes a 54.7ha grazed milking platform and a 45.3ha ungrazed cut and carry area. The block available for lease is used to produce mainly silage and wintering the herd.

Colliers Brokers Ruth Hodges and Jonny O’Sullivan have been exclusively appointed to market the property for sale and are taking expressions of interest with a closing deadline of 4pm on Thursday 5 May, unless sold prior.

Hodges, Director of Rural at Colliers Queenstown, says this is one of the most intriguing rural listings to be brought to the market this year.

“Gleniffer operates a high stocking rate and achieves a very high production per cow by maintaining feed quality, minimal walking distance, and compact calving,” Hodges says.

“The cows are housed in two herd homes to have a two-hour pre-milking feed of high-quality supplements before every milking. The herd then returns to the paddock for grazing straight after each milking.

“The cows are high producing Friesian Holsteins of a larger frame and are part of an industry-leading enterprise that has the potential to shape the future of dairy farming in New Zealand.”

O’Sullivan, Rural Sales Advisor at Colliers Timaru, says the property is well suited for buyers looking at either a family operation or those seeking more of a hands-off investment, utilising technology to their advantage and creating margin from premium milk supply.

“The diet of the herd is reviewed and updated regularly by a nutritionist and accurately measured and recorded by Bluetooth data transfer, while there is scope to further enhance the operation with more technological advances,” O’Sullivan says.

“Covered herd homes and the milking shed are designed for easy cow flow and cow comfort. Herd homes are used for both feeding and shelter ensuring pasture is protected during poor weather conditions.”


Related Experts

Ruth Hodges

Director | Otago & Southland

Queenstown

Ruth commenced her career in rural real estate in August 2009 before establishing the first Colliers Rural and Agribusiness franchise in New Zealand with Shane O’Brien in September 2014. Her experience and acumen led to a role operating at a national level, spearheading growth in Colliers’ Rural business between 2018 and 2021.

Now based in the Southern-Lakes district, Ruth is Managing Director of the Otago and Southland Rural business, of which she was one of the co-founders in January 2019.

Growing up on a large-scale, high-country farm in Central Otago set the foundation for Ruth’s involvement in the rural industry throughout her working life. After achieving a first-class honours degree from Otago University, Ruth commenced a career in rural finance that spanned nine years with the National Bank. She then joined the progressive new dairy company, Synlait, as Business Development Manager, focusing on growing their farming assets via key acquisitions around the Canterbury region.

Ruth is also involved in the rural building industry with her husband Nigel, and the experience of the incredible highs and lows that this industry has encountered over the past 13 years has honed her management and problem-solving skills to the highest level.

As a rural real estate professional, Ruth's strategy is based around the cornerstones of people and their farming businesses.  Focussing on these rather than solely the physical assets is key to how she achieves positive outcomes regardless of market conditions. Her underlying principles of trust and integrity ensure she continues to form long-lasting, genuine relationships and she applies an open, honest approach to all situations.

Furthermore, Ruth's comprehensive understanding of an often complex and evolving rural market together with her ever-present proactive attitude allow her to provide solutions that go beyond the traditional real estate model.

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Jonny O'Sullivan

Rural Sales Advisor | South Canterbury

Christchurch (Rural)

Jonny joins the Colliers Rural and Agribusiness team with a wealth of farming knowledge and expertise. He has been farming in equity partnerships for the past 10 years. The first seven years was a 7,500 stock unit sheep and beef property near Clinton, South Otago. Jonny and Tracy still own a financial interest in this property. The last three years farming was at Ikawai, South Canterbury, on a large scale dairy farm.

This experience gives Jonny a solid platform when it comes to understanding what is required to run a successful farm business. He has experience in management, compliance, governance, strategy, finance and working with key professionals.

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