Ngahape Road, Flemington, Hawke's Bay

“Latitude 40 Forests” has a combined freehold land area of 2,499 hectares, and offers prospective purchasers attractive scale, a significant carbon sequestration profile and future woodflow in a well-regarded and proven forestry area. 

With professional forest managers and advisors from the outset, the landholdings were selected for their production forestry attributes, favourable contour and soil types and proximity to public arterial roads, wood processors, and export ports. 

The forests are expected to benefit from the region’s favourable growth climate, together with the ability to protect and enhance biodiversity with stands of mature and regenerating indigenous forest and riparian set-backs within the estate.

KEY FEATURES INCLUDE
•	Six first rotation forests;
•	Sought after Hawke's Bay and SNI regions;
•	2,449.5ha* freehold land, 1,935.6ha* NSA at settlement (including 2024 planting);
•	1,878.6ha* post-1989 (registered, application underway and additional ETS eligible land);
•	2011-2024 age class (excluding woodlots) providing woodflow flexibility;
•	Significant carbon sequestration profile (peaking at more than 117,000* NZUs p.a. and cumulative projected total of 1.21m by 2050**);
•	Majority low and moderate NES-CF ESC;
•	Proximity to processing, ports and transport infrastructure;
•	Biodiversity can be enhanced within stands of Indigenous forest, ponds and streams;
•	Three coordinated vendors offering purchasing flexibility;

SINGLE STAGE DEADLINE OFFERS: Closing 4pm (NZST) Thursday 12 September 2024

For access to the Information Memorandum, comprehensive Dataroom or to arrange your guided inspection, don’t hesitate to contact the Arotahi Agribusiness team. Guided inspections available to qualified buyers by prior appointment.

NB: Images used in this listing are of multiple forests and have been selected to provide purchasers with a general representation of Latitude 40 Forests.   

*approximately
** figures provided within 3rd party carbon modelling...