Duncannon Horticulture LP
Commercial Property
WARNING: The law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule 1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more.
If you fall within Schedule 1, Clause 3 of the FMCA, as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Note: We urge you to carefully review the information Memorandum and additional attachments (if applicable) before lodging an application. In the event that there are any material changes to the Information Memorandum communications will be added to the attachments for review.
If you are considering acquiring units in Duncannon Horticulture Limited Partnership, please telephone Gordon Love 027 488 8238 to ensure you have accurate, up-to-date information on the extension of the Limited Partnership.
Take a drive through our horticultural heartlands, and you'll come across crews of overseas workers employed under the Recognised Seasonal Employer (RSE) programme. Duncannon Horticulture LP offers wholesale investors access to ownership in purpose-built seasonal worker accommodation to house these vital workers in two of New Zealand's key horticultural regions.
Established in 2020 by MyFarm, Duncannon currently owns two modern facilities: a 456-bed property in Marlborough, servicing the viticultural sector and a 96-bed site in the Bay of Plenty, added in late 2025, that supports kiwifruit workers. Both facilities operate on long-term net leases - managed by specialist partners Hortus Ltd and Southern Cross Horticulture - offering geographic diversification across viticulture and horticulture sectors.
With a weighted-average lease term of over ten years and lease structures that cover most expenses, the partnership forecasts a distribution yield of approximately 7.5% p.a., paid monthly, with regular market-based rent reviews. Duncannon provides regular income tied to New Zealand's seasonal labour infrastructure and its expanding export-driven horticulture economy.
Duncannon - 3043 State Highway, St Andrews, Blenheim
