These are two Kiwifruit orchards with a total of 24.72 canopy hectares of established Gold3 Kiwifruit situated on an urban growth area with future residential development potential in the medium term of approximately 5 years. They are contained on the southern fringe of Tauranga in an area which is expected to be re-zoned for residential purposes in the foreseeable future.
Scope of Works:
This property was valued on the basis of vacant possession inclusive of an assessed future redevelopment premium for financial purposes.