1356 Waingake Road, Waingake, Gisborne

An opportunity to invest in the popular NZ carbon market, through this accessible forest in the Gisborne district, ideal for domestic investors, and within a very accessible investment level for first-time forestry investors.

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Located 28km to Gisborne Port and consisting of 45.5 ETS registered hectares NSA (net stocked area) of established Pinus Radiata forestry is this recently Registered forestry block - under the stock change method. Waingake Forest offers an excellent opportunity to benefit from a strong carbon market and capitalise on production returns at maturity, with excellent proximity to Gisborne Port.

Established under the guidance of reputable forestry advisors at 1,000 stems per hectare, the property is located on the East Coast of the North Island, renowned for its high-growth rates and excellent forestry crops. A further 9.9ha of registered indigenous forest is also generating carbon credits.

The property is contained across approximately 59.3480 hectares (subject to survey) and encompasses medium to steep contoured hill country.

A superb opportunity to acquire a young forest with carbon benefits to be realised, and excellent attributes for favourable crop production.

There is also the opportunity to purchase a further 2.45ha section subject to survey with a Geotech report for a house site further providing an opportunity to develop a unique lifestyle close to Gisborne and the picturesque East Coast.