Desirable location kiwifruit orchard 10.8ha

682 Pungaere Road, Kerikeri

Asking Price NZD $945,000 + GST (if any)

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Desirable location kiwifruit orchard 10.8ha | 682 Pungaere Road, Kerikeri | 1001932 |      X Close

Desirable location kiwifruit orchard 10.8ha

This property is being sold well below its CV of $1,575,000.The absentee owners have had trouble looking after the orchard remotely so now wish to quit and have reduced the price substantially from previous years when in full production. The opportunity exists to fully develop this well established orchard to its full potential.

The land is accessed off the sealed part of Pungaere Road and access is via a driveway that opens to a rectangle block sloping to the north. There are 4.73 canopy hectare of Hayward green kiwifruit divided into 10 sheltered blocks, these vines were planted 20-25 years ago. There is also 0.93 canopy hectare of root stock suitable to graft for red or gold with appropriate licenses in the future. There is ample space for further production.

Plentiful water is provided by Kerikeri Irrigation scheme and the soil type is a mixture of Ohaihau gravely loam and volcanic soil. The block is 7.4km from Waipapa and 13.4km from the township of Kerikeri. The property owns its own driveway. There are no land covenants on the title.

The block of land presents an excellent opportunity to get into the kiwifruit industry for someone not worried by a little hard work. The industry is booming and still operating under lock down. There is ample support from within the trade to anyone wanting to get into this vibrant business that exports around the world.

The land is well drained and is sloping facing to the North and North East. Views are rural and the blue of the ocean can just be seen in the distance.

Call or email for further information including production figures.

Sold plus GST (if any).

682 Pungaere Road, Kerikeri

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