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CBRE Agribusiness: Wairakei Estate Forestry, Central North Island, New Zealand

Wairakei Estate is an outstanding agricultural land holding in excess of 25,000ha located near Reporoa, north east of Lake Taupo in the central North Island of New Zealand. The estate is privately owned with an intergenerational vision to adopt an industry leading mix of sustainable land uses. Following considered master planning, some 7,326ha has been set aside for production forestry.

Offered for sale by CBRE Agribusiness is a single rotation Forestry Right comprising some 3,506ha of established young age class crop (together with 286ha being established this winter), together with the opportunity to plant 2,201ha that will be available as cutover land as existing forestry rights terminate and a further 1,334ha currently utilised for drystock grazing which will shortly be available for forestry.

Wairakei Estate is offered for sale by way of Two Stage Expression of Interest, with Stage One closing on Thursday 16 May at 4pm NZST. JEREMY KEATING | 021 461 210 WYATT JOHNSTON | 027 8151 303

Company: CBRE Date added: 10-04-2019
Duration: 3
Categories: Agriculture

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