PGG Wrightson Real Estate, Cnr Maraekakaho and Orchard Rds, Hastings
Plus GST (if any)
Argyll Road, Otane
Land Size: 201.47 hectares (497.85 Acres)
Forestry opportunity on Argyll Road in Central Hawke's Bay just off State Highway 2 at Otane. The first rotation of this post 1989 forest is due to be finished harvesting by August/September of this year.
The block will present ready for replanting in 2020 in a very clean state with a high class standard of roading and skid site infrastructure in place. This represents as a significant saving for the next rotation if ongoing basic maintenance of the roading infrastructure is attended to.
Close proximity to the Port of Napier and Pan Pac Mill give significant value add as does the ability to log the block 12 months of the year.
With no ETS obligations the new owners can register for the carbon this block will sequester going forward. The current owners have Pinus stocks booked for the replant and this commitment to trees can be passed on if required.
Secure an appreciating investment in a very topical industry with the opportunity this block presents.