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Canterbury dairy farm nets $86,000 a hectare
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Canterbury dairy farm nets $86,000 a hectare
Reading Time: 2 minutes A Canterbury dairy farm has sold for a whopping $86,000 per hectare. Country sales rep at Bayleys Ben Turner told Farmer’s Weekly the Rakaia property, Kyle Park, sold for $34.4 million. He would not disclose the name of the buyer, but said it is a Canterbury family that wants to continue the family legacy. The seller was a long-term equity partnership that had developed the property to a high standard, he said. Turner sai…
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