Deadline Treaty Thursday 24 Jun 12:00 p.m. (Unless Sold Prior)

On offer here is 7.7447Ha of premium horticultural land located in the heart of Otakiri. This block is flat and well drained and has the very real potential for conversion to kiwifruit. The vendors have developed this block from bare land over the last 6 years and it is now operating as a developing stone fruit orchard with a mixture of Nectarines, Peaches and Plums. This property would also serve as an idyllic lifestyle location with the bonus of a potentially very healthy income.

The property

Included in the sale is a 3-bedroom home. Immediately adjacent to the house is a double carport as well as a single garage/workshop and an attached large sleepout. Orchard infrastructure includes a 3 bay open front shed, 11 x 9 metre, high stud shed as well as a 6 x 9 metre lockable shed. All shedding is concrete floored. Included are two 8.5 x 2.5 metre tunnel houses. The orchard is made up of 3 distinct blocks totaling an area of just under 6.5 Ha and is planted in the latest varieties of fruit.

The business

For much of the season the property could be operated with one labour unit. During the picking and thinning phases of the season the vendors have utilised local labour on a casual basis to carry out these functions. The business has operated with full utilization of fruit with most produce going to market and downgraded fruit being sold from various roadside locations during the Xmas/New Year holiday period. This part of the business has proven to be extremely popular with the public and is operated with the aid of nothing more than a Facebook page. There is very real potential to further enhance various aspects of this business and increase margins to take advantage of the developing nature of this exciting business.