MyFarm’s latest kiwifruit investment is a 13.32 canopy hectare Bay of Plenty SunGold orchard with an exciting point of difference.
This magnificent property comprises one block of young, conventionally grown SunGold kiwifruit and another block of organically grown SunGold that is on track for its first fully certified crop harvest in 2021. An elevated coastal position and free draining soils provide ideal growing conditions that favour early crop maturity and are particularly well suited to organic production systems.
The returns profile of this investment is based on conservative production forecasts. With organic SunGold currently earning a premium of $2.26 per tray over conventionally grown fruit, there is significant upside potential if management can achieve conventional production levels from the organic crop.
Property details : 13.32 hectare fully developed orchard
Lessee: Returns from profit share and lease rental to MyFarm’s management partner – DMS Progrowers.
Conventional block: 8.16 hectares of SunGold vines reaching full maturity for harvest 2022.
Organic block: 5.16 hectares of fully certified organic SunGold crop forecast to earn a premium of up to $2.50/ tray over conventionally grown fruit.
Returns: Forecast monthly cash return 7.2% p.a.
Distributions: Paid monthly, starting in December 2020
Minimum investment: $50,000
Offer close: Friday 23 October 2020.
MyFarm contact: Karen Richardson on 021 262 2779, or firstname.lastname@example.org