Colin "Pinetree" Meads has sold his 252 acre farm near Te Kuiti for $1.425 million at auction.
The Meads farm sold to Les Holloway and an unidentified silent partner.
Mr Holloway, dressed in farm socks, Canterbury shorts and a woollen jumper, owns 2500 acres in Piopio and 1700 acres at Taumarunui.
Mr Meads and wife Verna were not optimistic before the auction that took place at the Waitete rugby club rooms.
Mr Meads said sheep and beef were not fetching high prices and it was a tough time for farmers.