NZ: Major kiwifruit, mandarin orchard for sale
Located on the fertile Gisborne flats at 169 Bushmere Road, the property totals 8.66 hectares, bringing together the production of 1.88 canopy hectares of G3 kiwifruit and 2.2 canopy hectares of Green Hayward kiwifruit, with 1.89 hectares of Miyagawa and Silver Hill mandarins.
"This is an exceptional opportunity to take over one of the most productive and profitable orchards in the district," said Simon Bousfield of Bayleys Gisborne who is marketing the property for sale, with colleagues Tony Rasmussen of Bayleys Gisborne and Mark ‘Snow’ Williams of Bayleys Tauranga.
The property combines the kiwifruit and mandarin orchards as well as a four-bedroom home, and is for sale through a tender process closing on March 31.
"This well-known orchard has been in operation by the current owners since 1987, after taking over from family. A new owner could take over the orchard as is, or expand the current operation to take it to the next level and further maximise profitability," said Mr Bousfield.
"Trading figures and current yields show a very strong performance from the kiwifruit orchard, particularly compared to regional and Zespri output averages. This is an opportunity to invest in a well-established slice of the New Zealand kiwifruit industry, which is world renowned."
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