Serpentine Road, Oamaru, Otago

Rural
To be sold by deadline sale (by 8 Dec)
To be sold by deadline sale (by 8 Dec)
Published on: 02 Nov 2023
Last updated on: 26 Jul 2024
Serpentine Road, Oamaru, Otago
Serpentine Road, Oamaru, Otago
Serpentine Road, Oamaru, Otago
+6
Serpentine Road, Oamaru, Otago
  • 6
Property ID: 320088059879
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Maraeweka Forest

Serpentine Road, Oamaru, Otago
Maraeweka Forest is a first rotation, radiata pine forest situated 25km* by road southwest of Oamaru within the Waitaki District. Located equidistant between PrimePort (Timaru) and Port Chalmers (Otago) at a cost-effective cart of less than 110km*, the forest benefits from proximity to export and domestic markets, a large commercial metal source and State Highway 1 some 13km* from the forest gate.

Entirely suited to ground-based harvesting methods, the forest has been professionally managed by Laurie Forestry under a predominantely clearwood regime, with pruning and thinning to most of the forest throughout the rotation to produce a valuable tree crop.

Maraeweka Forest has existing registration within the Emissions Trading Scheme (ETS) under 'Stock Change' which can be transferred to the incoming purchaser upon the sale of the forest providing potential to manage as a carbon forest.
- 321ha* freehold land, 297ha* radiata pine
- Single age class (1996), professionally managed
- Proximity to domestic processors, 110km* to Prime Port & Port Chalmers
- Estimated 616m³/ha TRV (at age 30), majority pruned
- ETS-registered under 'Stock Change', significant NZU balance available
- Buck Forestry PHI available

*approximately
For access to the Information Memorandum, comprehensive Dataroom or to arrange your guided inspection, don’t hesitate to contact the Arotahi Agribusiness team.

Guided inspection available to qualified buyers by prior appointment.

SINGLE STAGE DEADLINE OFFERS: Closing 4pm (NZDT) Friday 8 December 2023 (unless sold prior).

Contact us:
Wyatt Johnston +64 27 815 1303 
Jeremy Keating +64 21 461 210

Arotahi Agribusiness Limited, www.arotahiagri.co.nz 
Licensed Real Estate Agent REA Act

Property Details

Basic Info

Property Type
Rural
Land Size
3,210,100.00 m2
Address
Serpentine Road, Oamaru, Otago

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Wyatt Johnston
Jeremy Keating
Arotahi Agribusiness, (Licensed: REAA 2008)
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      Property ID: 320088059879

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