MyFarm’s latest opportunity to invest in a Sungold™ kiwifruit development in Kerikeri is a rare, longer-term investment offering stellar growth.
This Northland kiwifruit orchard development includes a significant forecast development margin (circa 85% on capital) made possible by the land purchase and full development cost of just $740,000/cha. This is around 60% of the price of buying a fully developed Bay of Plenty orchard.
This is MyFarm's first bare land kiwifruit development opportunity and MyFarm will be a co-investor in the Limited Partnership with an investment of $200,000.
Size: 26 hectares bareland to be converted to 19 canopy hectare SunGold™ kiwifruit orchard
Location: 11km northwest of Kerikeri, Northland
Development Partner: Sybton Horticulture, specialists in Sungold™ orchard conversions
Returns: Forecasted IRR of 15.7% p.a. after 5 years
Capital raise: Total capital raise $8.3 million
Minimum investment: $100,000*
Offer closes: 5pm, Wednesday 6 May to coincide with the Zespri tender round for Sungold™ kiwifruit licence.
Apply via Syndex: Click here to view on Syndex
MyFarm Investments Contacts: Grant Payton (Head of Sales) 029 445 5871 or Karen Richardson (Sales) 021 262 2779
TO REQUEST THE INFORMATION MEMORANDUM FOR THIS INVESTMENT OPPORTUNITY, PLEASE COMPLETE THE FORM BELOW.
Grant Payton
Karen Richardson