NZL67020567
  • Pangaru
  • Land Area: 288.50 hectare

Runaruna Forest

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  • 286 Runaruna Road, Pangaru, Panguru, Far North, Northland
FORESTRY SALES LIMITED
FORESTRY SALES LIMITED offmarket

Tender 17th Nov 2022 3pm (Unless sold prior)

Runaruna is excellently positioned for conversion to commercial forestry with both high rainfall and high temperatures resulting in excellent growth rates in the region. The block is located in the Northland Region just 8km’s from Pangaru and approximately 10km to Pawarenga harbour. Runaruna compromises 242 hectares of high value medical manuka trees planted in 2017 by Manuka Farming NZ and is estimated to fully mature by 2023. The remaining balance of land is native bush, on-site quarry that has a lease in place and a two bedroom home with sheds and curtilage, which both may be avalible to purchase as seperate land packages. The land is set to be registered under the Emissions Trading Scheme with the second return submitted generating approximately 946 NZU’s.

Ref #: 21058539

Features

  • For Sale area – 288.5ha*
  • Established Manuka Trees – 242ha*
  • ETS Eligibility 200ha*
Property Details
Property Type
  • Forestry
Use Type
  • Agribusiness
  • Forestry
FORESTRY SALES LIMITED

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Learn more about this property listing by contacting one of our experts.
Warwick Searle

Warwick Searle

Owner | Director

Warwick has a business degree in Accountancy and Property along with almost a decade of experience in the New Zealand rural property market ensuring you receive professional, knowledgeable service from start to finish.









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