Press Release: Bayley's Real Estate
Media Release
Date 17.6.2009
Avocado orchard ripe for investment...
For those looking at a future retirement plan or simply a change of lifestyle, a substantial avocado orchard just five kilometres from the vibrant coastal community of Mangawhai has come to the market with offers closing at 4pm, Friday 31 July.
Marketed by David Roy of Bayleys Whangarei and Robbie Robertson of Bayleys Mangawhai, 419 Tara Road provides an unexpected opportunity to acquire a well-performing property in what is a proven location for avocado production.
“There are a number of quality avocado orchards in this immediate area which enjoys a temperate climate and a strong community of growers who are willing to impart their knowledge about the industry and the local nuances,” says Roy.
The property comprises 14.59 hectares of flat to gentle sloping land in two titles which provides flexible options for the future, subject to the usual consent processes.
“The current owners have done some preliminary research on possible subdivision plans and certainly the property does have some exciting potential,” says Roy.
Major investment has been made in the property in the last two years and currently there are approximately 800 mixed-age Hass avocado trees (plus pollinators) along with recent plantings of the much-acclaimed Dusa rootstocks.
“These rootstocks have only recently been released to growers and they promise more consistent and higher yields. The current season’s crop is expected to be in the vicinity of 12,000 trays and should the property be purchased by 31 July, 2009, will be included in the sale,” explains Roy.
The New Zealand avocado industry is on a strong growth path with ever-increasing volumes of fruit now being produced in Northland with the high quality, free-draining volcanic soils ideally suited to growing this highly nutritious fruit.
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