Whanganui Estate, Brunswick, Whanganui, Manawatu / Whanganui

This is a rare opportunity to acquire a portfolio of seven well maintained forests within the Southern Skies Estate, situated in the picturesque Whanganui Region. These forests have been expertly managed with top tier tending practices, making this a compelling investment.

Covering 913 hectares of net stocked area, the estate includes trees aged 24 to 26 years, pruned up to 6.5 meters, and thinned to enhance growth and log quality. This has resulted in a collection of near mature, highly uniform forests.

The estate boasts a strong harvest profile, with over 50% of the area expected to be ground-based harvested, which contributes to its low environmental risk.

All forests are conveniently located within 45 minutes of Wanganui. Okoia 1 and 2 are just east of Whanganui in the Fordell area, while Mahuri 2000 is nearby in the Mangamahu region. The remaining forests, Glencroft 1, 2, and 3 are situated in the Brunswick area, with Paparangi 1999/2000 Forest located in its namesake area.

These properties offer a great opportunity to obtain significant volumes of high value logs in a region well respected for its growing capabilities.

Whanganui Estate, which can be bought separately or as a package, is being sold through a two-stage tender process. Non-binding indicative offers for the first stage are due by 24th October, with formal offers for the second stage closing on 12th December 2024