Whakatane Real Estate

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SOLD

Bay of Plenty
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N/Asqm
47590sqm
Bay of Plenty
proudly marketed by
Success Realty Ltd MREINZ
Benefit from “Best Orchard Buying”
High potential orchard could be a best buy with big benefits for the "rejuvenator"! The mortgagee sale of this 4.7590 ha orchard promises to prove one of the best orchard buys in recent history! It's a good clean rectangle, well sheltered and basking in the sunshine of the fertile flats between Awakeri and Te Teko. Production is currently down nearly 12,000 trays from its best year when the 2.74 ca ha of Hayward produced 26,210 trays in 2011. The orchard comprises seven blocks, its largest block (1.30 ca ha) fronting MacDonald Road with blocks three to seven lining up at .30, .25, .32, .33 and .24 ca ha respectively. On the second block .62 ca ha has been planted in Arguta, commonly known as the kiwiberry, the gourmet grape sized fruit not yet very common but garnering good prices on the market for growers. There is obvious opportunity to lift the production of this orchard dramatically by replanting and/or better husbandry, improving the current infrastructure. Water is supplied from the Pine View Water Scheme, limited to irrigation (not frost protection), with unlimited domestic use. This is one of a of a group of three kiwifruit orchard receivership sales, another in nearby Galatea Road and the third in Rewatu Road (Now Sold), off White Pine Bush Road between Whakatane and Taneatua. A 'not to be missed' opportunity to enter the industry or add one or more orchards with huge potential to your portfolio.
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Upload by Matthew Lowe
Whakatane