5,810 hectares of productive forest and/or land in the North and South Island's of NZ
portfolio summary
• Roil Site* - 139 ha in the Hawkes Bay. Land and trees for sale
• Dunolly Site* - 431ha in the Wairarapa District. Land and trees for sale
• Glenburn Site* - 1,581ha forestry right for sale in the Wairarapa District - SOLD
• Motueka Site - 3,695 ha Crown Forestry Licence for sale located in the Tasman District - SOLD
• Available separately or as a whole
* Carbon credit potential
sale details & further information
The two remaining properties are offered for sale by negotiation.
Motueka - SOLD
5 substantial blocks comprising a net stocked area of 3,409 hectares, situated around Motueka to the west of Nelson at the top of the South Island.
The land is owned by the Crown and leased to the owner of the trees under a Crown Forest License (CFL). The licensee’s or lessee’s interest under that CFL including the entire tree crop is offered for sale.
Planting is 96% radiata pine and is of mixed age. The majority was planted from 1993 to 2001 but there is some earlier planting ready for harvesting representing some 10% of the crop and significant recent planting since 2004. The CFL is effectively a perpetual lease as it is annually extended by one year. This changes if a notice is received from the crown advising that the land is to be returned to Maori as a Treaty of Waitangi settlement. This process is currently underway. The CFL will then change to a terminating lease with the land reverting to the landowners following harvesting of each compartment, with no replanting obligations. The current annual rental payable to the Crown under the CFL is $162,500.
GLENBURN - SOLD
Glenburn Forests adjoins Dunolly. They are situated in the Wairarapa District, close to the east coast, approximately 65km east of Masterton and 150km north-east of Wellington.
The Glenburn trees are held under a Forestry Right, with no rental payable. It has a net stocked area of approximately 1,581ha, planted in Radiata Pine from 1998 – 2000. The term of the Forestry Right is until 2032 or earlier if trees are harvested. The forest offers potential for carbon credits under the Emissions Trading Scheme (ETS) through rights reserved under the Forestry Right Agreement.
Dunolly
Close to Glenburn, Dunolly is approximately 431ha net stocked, and the freehold interest in the land, as well as the trees, are offered for sale. The forest is planted in Radiata pine with 97% established in 1999. The forest offers potential for carbon credits under the Emmissions Trading Scheme (ETS).
ROIL
The Roil Forest is in Hawkes Bay about 70km west of Napier. Both land and trees are offered for sale. The stocked area is 139ha of Radiata Pine planted in 1995 – 1997. The forest offers potential for carbon credits under the ETS.
contact - Roger Seavill