A large inland Kaikoura sheep and beef station is expected to draw strong interest from buyers.
The Doone is a 2923-hectare property wintering 7500 halfbred ewes, 1000 deer in commercial and trophy herds, and 750 angus and hereford cross cattle.
PGG Wrightson Real Estate Canterbury sales manager Peter Crean said the size of the property would generate interest, particularly from sheep and beef farmers wanting to upscale.
The Doone was one of the finest farms in the region, he said.
"It's a property with size and scale, and with the way sheep returns have gone this year, purchasers are looking for scale and this certainly offers that. At just under 3000 hectares it's a big property."
The dryland station bordering the Conway River at one boundary is mostly on hill country.
Crean said there were also large areas of "rolling, undulating land" suitable for further development.
"I think it will get interest from people with properties of 4000 to 5000 stock units that want to expand into a bigger property."
Rising from about 350 to 1005 metres above sea level, The Doone has 40 hectares of flats, a further 40 hectares of terraces, 482 hectares of medium to medium-steep country, and the balance classified as lower and higher tussock hill. It receives an average of 1250mm of rain a year.
More recently, 400 dairy cows from the owner's dairy farm have been grazed over the winter months.
Crean said farm sales had been strong over the last year, with North Canterbury a desirable area for buyers.
Sales included medium-sized sheep and beef properties, and farmland suitable for dairy conversion, he said.
Offers for the station close on March 27.
- © Fairfax NZ News
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