Positioned in the heart of the Bay of Islands horticultural belt, this property presents a rare opportunity to secure an up-and-coming red kiwifruit orchard with an added commercial rental income. This property offers the best of both worlds – productive land in a premium growing region and a stable commercial lease to a respected brand, Manuka Health New Zealand. Located on State Highway 10, this property is perfectly positioned on the northern side of the Waipapa retail and industrial hub, ensuring easy access throughout one of the Far North’s fastest and most sought-after growth areas, Kerikeri.
This must-see orchard features 0.89 canopy hectares of Ruby Red-19 kiwifruit grafted in 2020, 0.49 canopy hectares of Ruby Red-19 kiwifruit grafted in 2023 plus an estimated 0.5 hectares of plantable land. The orchard benefits from Kerikeri’s ideal growing conditions and Kerikeri Irrigation scheme, making the region a sought-after location for kiwifruit cultivation.
Manuka Health leased premise features a high-stud warehouse and a barn designed building for workshop facilities and office space. Further income is generated from an older building leased separately by the owner.
Whether you are an investor seeking a diversified income portfolio, or a horticultural operator looking for a dual-purpose property, 2206 State Highway 10 offers a compelling mix of land, location and diverse income streams.
KEY FEATURES:
• Freehold land area: 36,046m²
• Red kiwifruit orchard
• Commercial premises leased to Manuka Health New Zealand
• Zoned Rural Production
• Excellent profile and exposure to traffic
• Prime location boasting easy access to the Kerikeri and Waipapa townships
• Diversified income stream
For Sale:
$2,950,000 + GST (if any)
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