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1 Mangamahu Road, Mangamahu, Whanganui

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554ha

MNF Estate – Cutting Right

A single rotation cutting right is available to acquire across 7 properties within the MNF Estate located in the Whanganui/Rangitikei region. The cutting right covers a total of 554ha net stocked area with mixed age class with the bulk of the forest being predominantly younger age class. The crop is a mixture of pre 1990 and post 1989 forest with any carbon benefit/liability to remain with the landowner.

The cutting right will cover a term of 35 years from the year of establishment of the crop and available for purchase as a means of a one off lumpsum.

The Whanganui district represents an excellent growth region for commercial forestry activities in NZ. This is evident in the vast area of commercial plantation forests in the region. The MNF Estate properties are well positioned to access both local and international markets.

See the listing on Forestry Sales' website: https://forestrysales.co.nz/property/mnf-estate/

Additional details

Type

Unspecified

Property ID

67027953

Listed on

15/03/2024

Updated

29/05/2024

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Mangamahu, Whanganui

Mangamahu is a suburb which lies within the Territorial Authority of Wanganui, one of 28 residential suburbs which form the wider region. Mangamahu is the 23rd largest suburb of Wanganui in terms of the total number of residential housing stock. Mangamahu provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1950 - 1959. Residential housing stock in Mangamahu is made up of approximately 33% residential housing and 68% lifestyle properties.

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