Forest Block. Lot 49, Pine Farm 65

Young forest for sale - Located approximately 65km from Gisborne city up Ruakaka Road off SH 36. Forest access via one main leading ridge which will give good logging roading. Growth rates have been up to expectations. The forest is in good health. Some silvicultural work still to be done. For sale is a freehold title of 7.0020ha within a greater forest known as Pine Farm 65. Pine farm 65 comprises 299.9 ha of GF 25 pinus radiata. Planting in 2002, initial stocking of 976 stems per hectare. Year of establishment - 2002. Net stocked area - 299.9 ha = 120.1 ha have been pruned to a height of 5.1 m and a stocking of 399 sph. DOS is 19.0cm. A furthur 102.4has was second pruned to an average height of 4.9m and a stocking of 417 sph. Current stumpage estimates based on 12 Q MAF log survey and current harvesting costs $33,000/ha. Nett stocked area is 6.8ha. other blocks are for sale in this forest. asking price $46,500.00 plus gst (if any). All offers presented. Land Area 8.1235 ha