Located close to the busy town of Rangiora and approximately 40km to Christchurch International Airport this 97.49 hectare forestry block is all set for the next owner.
With an annual rainfall of approximately 830mm on average per annum, a low altitude of approximately 148 to 163 metres above sea level, and the easy rolling hill contour, the site is regarded as well suited for Pinus radiata and other soft wood species.
The property is mostly planted in forestry including:
• 73.37 hectares of forest registered in the ETS scheme. This includes first and second rotation stands of Pinus Radiata, Redwoods and Douglas firs planted 2005 to 2021
• 9.1 hectares of unregistered trees planted 2016 and 2021 thought eligible to be registered
• No existing credits will be sold with the property but it is understood that they can be claimed by any purchaser going forward on transfer of the existing ETS registration
• A full forestry report is available from the vendor's agents
Asking Price $2,200,000 plus GST (if any)
Excluding any carbon credits
With future timber value, possible subdivision potential and carbon income, this property will appeal to a wide range of purchasers.
In summary, a well looked after forestry block in a great location.