We love a good income story and our latest investment opportunity is just that. It’s a fully established kiwifruit orchard located near Edgecumbe on the Rangitaiki Plains - one of the sunniest, least windy climates in New Zealand.
It comprises of 5.07 cha of mature SunGold™ and another 3.82 cha in green varieties of kiwifruit to be developed into SunGold™ over the next 4 years.
Last season, the existing SunGold™ orchard yielded $219,000 per canopy hectare. Furthermore, the orchard’s ability to produce early ripening fruit means that it is well placed to be able to earn Zespri’s Kiwistart premiums that can significantly boost returns. The proven performance of this orchard, forecast development margin and returns make it one of the better kiwifruit investment opportunities we’ve seen.
Riverview Kiwifruit LP: a cash income and development opportunity.
Location: Rangitaiki Plains, Edgecumbe in Eastern Bay of Plenty