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Avocado Orchard with Multiple Income Streams

TAR30789
Horticulture
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
    • Katikati
$1.595M
3 1 2

Plus GST (if any)

Katikati

Katikati

Land Size: 2.62 hectares (6.47 Acres)

The avocado industry is growing and the demand for this superfood is on the rise.
Our vendors have owned this property since 2010 and have purchased larger orchards elsewhere to expand their current operations.
Subsequently, they have decided to sell this fantastic production block with its multiple income streams.
It appeals especially to those purchasers looking for a production block with a good consistent income, a healthy crop on the trees, additional income through rent and the opportunity to add value over time through further orchard development.
Positioned in the KatiKati area at 40 to 45 MASL (approx.), this avocado orchard can continue to add to the returns of any astute purchaser; if well managed.
Purchasers can either manage their own orchard or make use of the well-established infrastructure in the area and engage contract orchard management services and consultants.
There are approximately 240 avocado trees ranging from 2 to 30 years in age.
The majority of trees are Hass on Dusa and Zutano rootstock with a good pruning regime in place.
Some older trees have been converted to Hass on Bounty rootstock in the lower lying damper areas of the orchard. This decision has reaped rewards with the young trees yielding fruit for the first time this year.

This year's crop is expected to outperform last year with approx. 75 to 80 bins of fruit forecasted.
Flower buds are well developed making for a positive outlook for next season.

A motivated tenant is willing to stay on. The three bedroom home built in the 1990's, a detached 1 1/2 garage and modern high stud Kiwispan shed of 200sqm (approx.) is currently returning $31,000/annum to the vendors.

An additional shed and lean-to complete the picture and are used to store orchard equipment.

Contact the listing agent, Anton Terblanche, today to avoid disappointment.
Viewing by appointment only. Information memorandum available on request.

Anton Terblanche

Anton Terblanche

Rural & Lifestyle Sales Consultant
M 021 324 702

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