5.5 canopy hectare green kiwifruit production block
Te Puke
9.8028 hectares of land of easy contour makes this a simple kiwifruit orchard to manage. 5.48 canopy hectare approximately of green kiwifruit. This orchard has been under management since the current owners bought it. The manager also has an orchard next door and knows the local micro climate.
Property:
The production has been vastly improved since the current owners take over and has remained consistent. In 09 the orchard produced 51,856 tray at an average size of 32.6286. While in 08 the production was slightly higher at 57,581 at a size of 34.4062. Size has been important hence the slightly less production in the last year.
As far as returns go, this production block stacks up well for any investor. With a good management history there is potential for an investor to keep the manager on and keep the property for passive income. It means you can do absolutely nothing for your returns, on the other hand the more you contribute the higher the potential returns.
There is a lot of talk about the new varieties of kiwifruit coming to the market and production. This being an affordable option when it comes to kiwifruit orchards it is a good prospect for future options.
If it is a lifestyle property you are after there any number of locations on this property where you could build your home. Because the property has been maximised for production you need to clear some kiwifruit to make a more attractive house site.
Location:
Few regions in New Zealand or the world for that matter have as much to offer as the Bay of Plenty. From the gentle harbour waters to its surf beaches, its fishing and diving grounds to the scenic bush, the Bay is as much a quiet recreational playground as it is a thriving business and rural community.
Key economic elements for the region include Tourism, Horticulture (predominately Kiwifruit and Avocado production), Viticulture, Pastoral farming, Forestry, Housing and Holiday Makers. The rapid growth in the area provides a vibrant living environment from job opportunities to business prospects with a sustainable future.
Tauranga as a city is one of the fastest, if not fastest growing cities in New Zealand. With a mixture of beautiful scenery, great beaches, cafes, restaurants and nightspots it is more than a city it is a lifestyle. The award winning schools also provide a key reason why Tauranga is proving to be such an attractive destination for both ex Kiwi's and migrants as a place to set up their new life in New Zealand.
Te Matai is sought after location for kiwifruit production given its easy contour and proximity to pack houses and kiwifruit infrastructure. Te Puke less than 10 minutes away mean all the necessities of life a close at hand. While Tauranga is just over half an hour away the luxuries of the city are still in reach.
In Brief:
This is an investment option which provides potential for a high passive income while providing options for the future. Don't miss this opportunity.
