This property of approximately 150 hectares (subject to final survey) has a forest of 76.8 hectares established in radiata pine in 2022 and registered in the permanent forestry Emissions Trading Scheme (ETS). Further clear land of predominantly LUC 6 and 7 would be able to be planted, the clear of native area equating to approximately 16ha.
The forest has been planted and managed to a high standard under Forest360, with pest control well in hand. This strong establishment reduces the risk of replanting costs and positions the forest to generate ongoing carbon credits. Currently the property is registered in the Permanent forestry scheme, however as a young forest options would be there for the purchaser to shift the forest in to an the averaging scheme allowing for harvest.
Te Mai Iti Forest is 93 kilometres from the Waingawa Centreport log yard and 168 kilometres from port. Access is available off Te Mai Road, with previous forestry logged and taken through the established roading on a neighbouring property and good quad bike tracks run throughout the forest.
Te Mai Iti presents an appealing opportunity for forestry investment. Options to expand the area to and to incorporate more plan-table area would be considered by the vendors, with the two options being a further 50 hectares of land, or a further 250 hectares of bare hill country with an Land Use Classification of predominantly 6 and 7.