Cherry Investment Opportunity
Eighty hectares of land at Mt Pisa Station at the foot of the iconic and picturesque Pisa Range, Central Otago, has been set aside for Hortinvest’s $15.5 million cherry development.
The landowners behind the family owned and operated sheep and beef business have invested in the development which will send its first cherries to global export markets in 2021-2022. It is the first venture into horticulture for the business which has identified Central Otago cherry production as ideal for diversification.
Stage one planting was completed in winter 2019, stage two, the largest planting will be in winter 2020 and the final stage of planting in winter 2021 will result in a total of 53,000 trees. These are set to reach full mature production in the summer of 2025-2026.
The Mt Pisa development includes implementing world-leading orchard practices including frost-fighting windmills and retractable bird nets and establishing and managing a state-of-the-art packhouse equipped with high-tech systems supported by a team with growing, marketing and compliance expertise.
Contact us for more information on becoming an investor.