122 Matapiro Road, Crownthorpe, Hastings, Hastings

The Rākete Apple Limited Partnership portfolio comprises six well-established Rockit apple orchards across Hawke's Bay. Five properties are leasehold with long-term arrangements and renewal rights, while the "Steel" Orchard is owned freehold, providing full land ownership and operational flexibility. All orchards are planted on M9 dwarf rootstock with intensive trellis systems, irrigation infrastructure, and pollinator plantings, and are now well established or reaching mature, steady-state production, capable of delivering sustainable commercial yields. Several properties adjoin other Rākete-owned orchards, allowing integration into a larger operational unit and enhancing efficiencies. The portfolio is located in key horticultural areas including Pukehamoamoa, Paki Paki, and Puketapu/Puketitiri, with surrounding land uses comprising lifestyle, pastoral, and cropping activities. Leasehold improvements are tailored to orchard operations, while residential components are largely excluded. Grown under strict Plant Variety Rights and licensing arrangements, the Rockit variety ensures controlled production and market access, and a high-quality orchard investment. Options also exist for re-development.