Klondyke Forest - Income Potential On 372.52Ha
Note: Asking Price is Plus GST (if any)Klondyke Forest provides an astute investor with the opportunity to purchase a large rural property on the outskirts of Auckland, in a relatively undeveloped state, and to further refine the highest and best use of the land.
Just 80 kilometres from downtown Auckland, this property has extensive rural views over the Waikato River Delta, the west coast near Port Waikato, and distant views to the north of Manakau Harbour. With established plantation and native forest, income from communication lease, and subdivision potential, this property provides an opportunity for multiple income streams and fantastic recreation opportunities. The property has several key investment factors.
This large-scale land holding of 372.52ha in foyr existing titles has additional subdivision potential. Potential lifestyle blocks could have extensive rural, river and sea views. The existing and soon-to-be replanted forest will create carbon and timber income for both the short and long term. There is already inflation protected income from a communication lease. As well as all this investment potential, you also have lifestyle and recreation opportunities on Auckland's doorstep.
KEY FEATURES:
• 317.3ha net stocked area after replanting
• Good forestry roads in place for harvesting
• Lifestyle living subdivision potential
• ETS post-1989 forestland expected to be 141ha
• Long-term ground lease income
See property documents for this property on barfoot.co.nz. Click the "View their website" link at the bottom of this page.
Listed Wed, 30 Nov
$3,950,000
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