Whakatane Real Estate

Our vendor has been presented with a new opportunity and as such is offering this very special property for sale. Located is the picturesque Waiotahe Valley is this 40.3570 Hectare (more or less) property that encompasses a north facing plot of land with the stand out feature of the property being the 0.91 Canopy Hectare Gold Kiwifruit orchard. This orchard has been grafted from traditional Green to Gold variety in two stages and production from the last season from this developing orchard was 10,725 trays. Given the indication that the coming season's release of Gold Licence will be restricted to a mere 350 hectares (down from 700 Ha last season) and the bidding process this year is being capped at 10 hectares and one Kpin per entity, we see this property as being a real opportunity for an astute investor to secure just under a hectare of licence (along with the 2021/22 crop) at a level that is likely to be well below where the opinion of "industry insiders" see the price settling for the coming season. Orchard structure is Ag Beam and the location of the orchard in relation to the nearby Waiotahe River, means that this is a frost free environment and no frost protection measures have been employed during the entire existence of this orchard. The remainder of the property is in grazeable pasture and is currently leased (on an informal basis) to a neighbour. Infrastructure is provided in the form of a double garage located on an elevated and sunny building site that is accessed by a well-formed, all -weather track. This site offers exceptional views of the surrounding countryside. There is a set of cattle yards, complete with loading race, located close to the entrance to the property. Water is supplied to the property via a consistent spring fed supply and is pumped, via petrol pump, and held within two 30,000 litre water tanks and from there water is fed to various points on the property via a gravity system. Talk to Phillip to view this property.