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.