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Home / Business

Scott Guy family farm sold

NZ Herald
11 Jan, 2016 03:17 AM2 mins to read

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Jo Guy and Bryan Guy have sold the family farm at Feilding. Photo / Mark Mitchell

Jo Guy and Bryan Guy have sold the family farm at Feilding. Photo / Mark Mitchell

The farm Scott Guy and his brother-in-law Ewen Macdonald once worked together has been sold.

The property, near Feilding, was put on the market last year by Scott Guy's parents Bryan and Jo.

The main farm and a separate run-off property were sold to Manawatu dairy farmers. The new owners will take possession in June this year, as Bryan and Jo Guy ponder their future.

"We haven't really got any firm plans," Bryan Guy said today.

"The take-over date is June 1. We have quite a bit of work to do before that, getting all the things finalised with the farm sale, selling stock and that sort of thing.

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"We're thinking we might have a holiday somewhere for the first week [after the handover] and really we haven't got any plans other than that."

Bryan Guy said he and his wife hadn't had too much time to think about their post-farm plans.

Speaking to NZME after an early-morning start for milking, he wasn't sure if he'd stay involved in the farming industry but said he was pleased to see family businesses pick up the land.

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The Property Brokers agent who marketed the farm, Terry Patching, said all parties were happy with the sale.

Scott Guy was shot dead in his driveway in July 2010. Macdonald was acquitted of his murder but was jailed for other offences. He was released late last year.

The Guy family farm, off Aorangi Rd, is made up of two properties totalling about 260 hectares.

Bryan Guy's parents, Grahame and Winifred, started out about 50 years ago on a 24-hectare section. He joined a partnership with them for about 25 years, before buying them out at the turn of the century. Over time, the farm grew through acquisitions of surrounding properties.

By 2010, Scott Guy and Macdonald and their wives were shareholders in the Byreburn business and were likely to take it over completely some day.

Real estate promotional material described the larger 204-hectare portion as a "milk factory". Its production per cow and per hectare is in the top 5 per cent of New Zealand dairy farms.

Their rateable value is just under $9 million. Mr Patching didn't disclose the sale price.

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