105 Spring Dam Road, Terang VIC 3264

Size: approximately 1180 acres of top class dairying country comprising:
a) 850 acres freehold
b) 330 acres leasehold ( Landlord is Wannon Water, 6 year lease with 5 years to run ? current annual rental is $70,000, 300 ML irrigation water, 200 acres irrigation ? centre pivot & fixed pop-ups)

Location: Terang (basically on town boundary and south of the Princes Highway), close proximity to Warrnambool (50 km)

Rainfall: approximately 800 mm long term average

Cows: approximately 680 Friesians & x-breds, split calving - March/April (47% herd) & June/July (53% herd), 185 yearling heifers & 200 heifer calves at end of current calving

Production:
09/10 & 10/11 seasons milked approximately 620 cows producing approximately 330,000 kg MS
11/12 season planning/budgeted to milk 680 cows producing 370,000 kg MS

Infrastructure: 50 unit rotary dairy (5 y-o) - 600 cow yard & 21,000 litre vat, auto feed system with on farm silo storage & roller mill, 8 bay GI/steel machinery shed plus workshop (relatively new), large lockup colourbond shed on concrete floor, hayshed, sundry shedding

Housing: 6 brm brick two storey brick main home, relatively new 4 brm WB home, 3 brm WB home, 2 brm WB home (good accommodation for owner/manager & staff)

Water: primarily bore water to a main storage tank with a pressurised reticulated system through a 2? line to all paddocks with mainly 1,000 gallon troughs, Otway water is connected as a back-up

Soils: heavy black clay loam flats on Mt Emu Creek rising to grey/brown basalt loams on the higher ground

Pastures: extensive pasture re-development has taken place with a renovation program of firstly a brassica fodder crop and then sowing down to a perennial clover & ryegrass pasture mix or just over-sowing with hybrid bi-annual ryegrasses.

Fertiliser: up to 1200 kg Pasture Boosta/ha/annum & 150 units N/ha/annum applied

Fertility: Olsen P levels roughly between 15 ? 40 & pH levels around 5.5 excepting additional 100 acres that was only recently purchased

Subdivision: approximately 100 paddocks ranging in size between 10 ? 12 acres, laneway system to all paddocks with tracks in good order

Drystock & Fodder: All young stock (yearlings & calves) are run on the farm as well as all hay & silage consumed is conserved on farm (approximately 2500 tonnes of wet silage & 200 tonnes of hay made annually). Only grain/pellets bought in (approximately 1 tonne/cow/annum fed).

Management / Labour: owner & four full time staff



REMARKS: "Kakariki Farm" is a well managed dairy enterprise that offers scale, reliable seasons with the added advantage of irrigation, consistant production with the potential for further productivity gains. Improvements are in first class condition being very well maintained.

A top quality farm in good heart - an inspection will impress the most discerning buyer.

CONTACT: For further information and / or to arrange an inspection please contact Tim Gladman on 0418 131 638