Opportunity in Kiwifruit country

Photo / Richard Robinson

The kiwifruit icon, situated on this property is a landmark and also appears on the face of one of our Kiwistamps and thousands of tourist's photo memorabilia. Moving with the times, the kiwifruit icon was recently updated to depict both the green and newer golden kiwifruit varieties.

This pristine block of land is comprised in two titles with consent for a boundary adjustment should any future owner wish to separate the kiwifruit orchard currently leased to Seeka Kiwifruit Industries Ltd from the other land. The legal description of the property is firstly, all that parcel of land containing 2.9240 hectares being Lot 1 Deposited Plan South Auckland 42181 Certificate of Title SA37C/309 and secondly, all that parcel of land containing 10.3750 hectares being Lot 2 Deposited Plan South Auckland 42181, Certificate of Title SA37C/310.

In addition to the leased kiwifruit orchard, an established tourist business leases the tourist complex, various outbuildings and a residential house which presents the astute investor with an opportunity to purchase a property that is not time intensive. The lease expires no later than 2016 if all rights of renewal are exercised.

The current tenant also has a right under a non exclusive licence to use certain parts of the property not leased to it for its tourist operation. In consideration of this right, the current tenant maintains the land, including various sites such as a castle and water-feature.

Also available for sale is the intellectual property owned by Kiwi 360. This intellectual property is licensed to the current tenant pursuant to a Trademark License Agreement. This is an exciting investment opportunity in kiwifruit country. This sale is by private treaty.