Hukatere Road and State Highway 1, Awanui, Far North

The world loved avocados

•Opportunity for lease of orchards to industry player
•Redevelopment for high yield production complete
•Low-cost entry for future avocado industry resurgence
•All four orchards or single orchard options

It's been a tough time down on the avocado farm. But the world loves avocados, and the NZ industry will rebound in a major way. NZ avocado exporters market focus is now away from the oversupplied Australian market, with volume developing rapidly into Asia and North America. Asia's 3.6 billion people consume on average 0.21kg of avocado per annum. The Aussies consume over 5kg per annum.

The opportunity is clear.

This four orchard portfolio comprises 33.43 canopy hectares (more or less). Of these 22.23 hectares are either in a high production state or are redeveloped blocks moving to high levels of production.

After investing significant capital in redevelopment of the orchards, the owner's decision is to exit the business. Their loss can be your gain. Most orchard blocks are on track for 20 ton plus per hectare production from a high-density lower production cost operating model.

This is your opportunity to enter the industry or increase your current production level on favorable terms. At a level of capital likely to support attractive investment returns as the industry rebounds. As an added incentive an option exists for a new owner to lease the orchards to industry distribution entities.

This is a short duration tender closing on 18 April 2024.

If you are serious about investing in an industry for medium term capital and operating profit reward, contact me now.