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Address withheld, Poroti, Whangārei

Asking Price $14,640,000 Plus GST (if any)

17.88ha

Impressive 14.64 canopy ha Zespri G3 investment

This is big scale kiwifruit investment, with multiple investment elements. Attractive returns from mature G3 conventional canopy, capital gain opportunity from recently grafted G3 areas, plus access to high value G3 organic returns.

The orchard is located on the warm north facing Maungatapere slopes, in prime volcanic soils.

Zespri license comprises 9.21 ca/ha of conventional G3, and 5.43 ca/ha organic G3. The actual canopy type currently being grown is;

6.14 ca/ha of mature conventional G3

8.5 ca/ha of organic G3 of mixed age, with 2.49 ha fully mature and the balance covering a graft year range of 2020 to 2022.

A canopy structure upgrade has just been completed. The orchard is exceedingly well sheltered. Irrigation supply is via Maungatapere Irrigation Company. The Maungatapere growing area delivers a superb growing environment, is well serviced with orchard logistics, is less affected by labour supply pinch points, and provides geographic diversity in the event of major main growing area weather events.

This large scale orchard will deliver both production and capital value wins, as it matures.

For production information and forecast investment returns please make contact now.

Additional details

Type

Horticulture

Property ID

1003110

Listed on

04/07/2022

Updated

6 days ago

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Poroti, Whangārei

Poroti is a suburb which lies within the Territorial Authority of Whangarei, one of 52 residential suburbs which form the wider region. Poroti is the 37th largest suburb of Whangarei in terms of the total number of residential housing stock. Poroti provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1880 - 1889. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Poroti is made up of approximately 5% residential housing and 95% lifestyle properties.

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