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Ridge Road, Pohangina, Manawatu

Ridge Road, Pohangina, Manawatu

Forestry
dollar

Offers Over $1,100,000 Plus GST (if any)

Land area
142.56ha
Title type
Freehold
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Property details

Listing # BR83853 | Listed on 13 April 2022

Opportunity for all. Welcome to Ridge Road Pohangina with a forestry block that ticks all the boxes! Here you will find a second rotation forestry block that has been planted and is ready to go. Planted in two stages, the first 75ha was established in 2019 with the remaining 25ha planted in 2020. The trees have been cared for and release spraying completed. An extensive network of all-weather roading greets you when you enter the property, leading you to a number of main skid sites which have been strategically located to allow convenient access at harvest. With an aim to design roading that will stand the test of time, near on half a million dollars was spent on the construction of roading infrastructure. The vendors have kept these roads in good condition with regular maintenance and spraying. These roads and skid sites allowed for a successful harvest on the first crop of trees with a 96% yield. While the trees grow, the land lends itself to your very own private hunting block, with a well established herd of red deer located in the area, along with pheasants and wild goats. Perhaps it could be used as a weekend getaway for camping, horse trekking or even mountain biking. Another option could be wintering bees on the skid sites with access all year round thanks to the all-weather roading. With many options to choose from, this property has something for everyone - from the entry level investors, syndicated groups or larger forestry companies, this block has great appeal. Conveniently located with a connection to Palmerston North's Forestry Rail Hub 38km away and Feilding a mere 26km. With the new gorge road under construction it makes the Dannevirke Saw Mill a very viable cost effective option for the lesser grade logs - this Ridge Road location could be the key to a profitable future investment. If you would like an investment that is 142.56ha in size with 100ha of planted Pinus Radiata and the balance being in native bush, I would love to discuss how we can make this happen.

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