Otiwhiti Farm Forest
Tender ID: 496494
Tender Details
Tender Description
Otiwhiti Farm Forest is a large-scale carbon and production forestry opportunity located in the established SNI wood supply region. The property has key forestry fundamentals including economic scale, fertile soils, moderate-high rainfall, and access to domestic and export markets.
The incoming buyer will benefit from a pending ETS application over the younger pines, with the majority of the farm land assessed as being potentially eligible for ETS registration. Several neighbouring forests, including a large-scale redwood forest, are testament to the productive potential of the immediate area.
Available for sale by way of a simple single stage Deadline Offers process. Contact any of the Arotahi Agribusiness team members for a copy of the Information Memorandum, access to the electronic Dataroom or to arrange a guided inspection.
Key features of Otiwhiti Farm Forest:
- 1,140ha freehold land (subject to survey)
- 623ha* farm land earmarked for future establishment;
- 499ha* under Forestry Right to Crown Forestry;
- Passive land rental, forest ‘buy-out’ provisions, landowner ability to claim NZU’s;
- 469ha* established 2019 - 2021, 25ha* to be planted in 2022;
- ETS registration lodged September 2021 – NZU’s projected to be allocated in 2023;
*approximately
Contact us:
Wyatt Johnston, (+64) 27 815 1303 | Chan Singh, (+64) 27 767 7113
Arotahi Agribusiness Limited
Licensed Real Estate Agent REA Act
For more info
Contact: Wyatt Johnston
mobile: (+64) 27 815 1303