Te Munga and Te Huia
NZ Forest Sales presents to the market, Te Munga and Te Huia, which are for sale by two-stage tender. These two outstanding properties provide a rare opportunity to invest at scale in the Wairarapa region.There is a substantial area that can be planted to produce both timber and carbon revenue, while the properties have a proven track record in Manuka Honey production from the large areas of ETS registered manuka. There is also potential for an offtake agreement for manuka honey underwriting the returns.
Key details on the properties are-
Total Title Area – 2046.44 ha
Te Munga 1144 ha
Farmland 261 ha
Scattered Manuka 101 ha
Solid Manuka 570 ha
Te Huia 901 ha
Farmland 235 ha
Scrub <5m 513 ha
Mature Native 98.8
ETS
Te Munga 408.3 ha Registered Manuka
Te Huia 11.9 ha Registered Manuka (Indigenous)
The preliminary assessment shows significant areas of Te Huia and Te Munga would be eligible for ETS registration.
Average MGO of 575 for the Manuka Honey
Medium to steep contour
Te Munga is an economic distance to both Centerport and Domestic processors in Masterton.
Te Munga and Te Huia, which can be purchased separately or as a package, are for sale by way of Two Stage Tender, with the first stage non-binding indicative offers closing 27 May 2025 at 2pm.