East Otago Forestry or Hunting Block
Lot 11 Taieri Peak Road, Palmerston
$285,000
37.08ha
Viewing times
There are currently no scheduled open homes.
37.0847 hectares.
Tidy small forestry plantation on Taieri Peak Road. The first plantation was harvested in approximately 2018 from a plantation of 40,000 trees planted originally in 1992 and currently has six year old self sown trees covering the forest. Included in the property is an overnight recreational hut which adds another element to the property which could be used for a firewood block with a weekend retreat or small hunting block.
Carbon Credit Opportunity
This property is not currently registered in the Emissions Trading Scheme (ETS), however, the plantation was established post-1989, making it potentially eligible for registration. A new purchaser may wish to explore the opportunity to register the forest for carbon credits, which could provide an additional revenue stream under the ETS.
(Subject to forestry consultant expert advice)
Please note: Land and floor area measurements are approximate, and boundary lines indicative only. Reasonable efforts have been made to source information from reputable sources. We do not, however, warrant its accuracy or fitness for any purpose. Purchasers should independently verify information through a due diligence investigation if it is relevant to their decision to purchase.
