Pine Farm 65, Hangaroa, Gisborne

Rural
Price by negotiation
Price by negotiation
Published on: 10 Jul 2023
Last updated on: 15 Nov 2023
Pine Farm 65, Hangaroa, Gisborne
Pine Farm 65, Hangaroa, Gisborne
Pine Farm 65, Hangaroa, Gisborne
+10
Pine Farm 65, Hangaroa, Gisborne
  • 10
Property ID: 320085612311
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Pine Farm - 65 - Gisborne

Pine Farm 65, Hangaroa, Gisborne
Pine Farm 65, a maturing, well-tended forest located on Ruakaka road in the Gisborne district.  
The forest has a title area of 396.8 hectares and a Net Stocked Area of 307.5 hectares.  With approximately 214 hectares currently registered in the ETS with a lease which generates a significant return through to harvest age in 2028/2029. 
Pine Farm 65 has been under an extensive silviculture regime which has resulted in an impressive forest showing large volumes of high value logs even at the current crop age of twenty. 
Recent inventory modelling has the forest yield at 837 t/ha, Total Recoverable Volume at age 28 with 71% of the volume being of Prune and A grade logs. The full inventory is available on request. 
Forest access is by legal ROW off Ruakaka road with the forest being some 63km from the Gisborne port with options for local W.E.T and Kiwi Lumber sawmills close to Gisborne itself.  Wairoa’s East Coast Lumber is only 60km South with the Napier port a further 118km South. 

Pine Farm 65 is for sale as Land and Trees by way of two stage tender with the first , non binding "Expression's Of Interest" stage closing 7th November at 12pm. The final Tender stage will close at 12pm on the 13th December. 

Pine Farm 65 is a solid investment into a maturing, high yield, quality forest and should not be missed. 

For further information please contact George Searle or Todd Buchanan at NZ Forest Sales.

Property Details

Basic Info

Property Type
Rural
Land Size
3,969,000.00 m2
Address
Pine Farm 65, Hangaroa, Gisborne

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George  Searle
George Searle
Todd  Buchanan
Todd Buchanan
NZ Forest Sales Ltd, (Licensed: REAA 2008)
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George  Searle
George Searle
Todd  Buchanan
Todd Buchanan
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      Property ID: 320085612311

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