Mill over this exciting opportunity!

923 Puketona Road, Kerikeri

Asking Price NZD $1,350,000 + GST (if any)

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Mill over this exciting opportunity! | 923 Puketona Road, Kerikeri | 1001819 |      X Close

Mill over this exciting opportunity!

Astute buyers will recognise the potential in the pine trees as a sustainable renewable resource as an investment in the future. This property has 35.9342ha in total with 20.1ha in pines. The balance of the land is in grazing and there is a small fenced wetland area around a lake that also proves water for the property.

The stand of pines is stunning and were planted in 1996 so are around 24 years old. They were pruned in 2004 with appropriate certification that can be provided.

The forest will be sold with all associated carbon credits which total at this point total 7400.

With a land holding of 35ha there is subdivision potential with a number of house sites all north facing with specular views. The forest area might have recreational uses including horse riding or mountain biking as the forest floor is mostly clear of gorse and other weeds. Up near the top there is even water views of the Bay towards Paihia.

Grazing land is mixed contour, with 7-wire post and batten fencing plus some 3-wire electric fencing that supports the 10 paddocks. The pines are spaced apart enough that there is reasonable grazing within the forest. Water supply is abundant, pumped from a dammed lake to two water tanks and then gravity fed to troughs.

The property is conveniently positioned within easy reach to both Paihia and Kerikeri (approximately 10 minutes' drive to either), and for boating enthusiasts, the nearest boat ramp is about seven minutes' drive away!

Sold plus GST if any.

923 Puketona Road, Kerikeri

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