The real-estate agent for the Crafar dairy farms says there's been interest from hundreds of potential buyers, including more big overseas investors.
Bayley's Real Estate is selling 16 of the Crafar family's 24 farms, most of which are in receivership.
A Hong Kong-based company, Natural Dairy, has already indicated it wants to acquire the entire parcel.
Bayley's national country manager Richard Graham says that although the properties have not yet been formally advertised, agents around the country have fielded hundred of enquiries.
He says those interested vary from farmers looking at individual properties, to small cooperatives, to big corporate investors wanting all the farms.
Chinese bid fronter appears in court
Meanwhile, the woman fronting a Chinese bid to buy the farms has appeared in court on a charge relating to the way she ran a former company.
May Wang is accused of failing to provide liquidators of the Dynasty Group with information, leaving the country to avoid an investigation and failing to keep adequate accounting records.
She appeared briefly in the Auckland District Court on Wednesday, seeking a remand for about six weeks because she needs to return to Hong Kong.
Ms Wang is a director of UBNZ, which wants to merge with Natural Dairy, buy all 24 Crafar farms and set up a plant in New Zealand that will then sell dairy products in China.