In December 2012, adult members of Maungaharuru-Tangitū Incorporated voted and 92% were in favour of the Investment Framework. The Investment Framework contains parameters (boundaries) to guide investment decisions relating to:

• Risk Profile and Rate of Return
• Liquidity and Cash Flow Distribution / Reinvestment
• Direct and indirect business investment strategy
• Overseas investment
• Debt levels
• ‘No go’ areas
• Emplyment creation vs financial returns
• Culturally significant investments

Our Investment Company is called Maungaharuru-Tangitū Limited. There are three directors whose role is to grow our investments and manage our assets, under the Investment Framework.

• Andrew West (PhD) – Chair and independent director
• Tony Gray – independent director
• Tom Manaena – internal director

The commercial redress properties obtained in our Treaty Settlement include:

• Opouahi Station (Farm) (2,550 ha)
  The land is owned by our Hapū and leased by Landcorp Farming Limited as a sheep and beef farm.

• Part of the Esk Forest land (3,300 ha)
  The land is owned by our Hapū and leased by Panpac Forest Products Limited. The trees growing on the land are owned by Panpac.

Lease of Grazing Land at 139 Beach Rd

We are inviting registered members of Maungaharuru-Tangitū Trust to register their interest in a short-term opportunity to lease approximately 120 hectares of grazing land at 139 Beach Road, Tāngoio.

The opportunity is for the grazing land only and does not include the residential dwelling or adjoining sheds.

The whenua forms part of the assets held for the benefit of our hapū and is an important site for our whānau and our future aspirations. The lease is therefore deliberately limited to two years, with the possibility of a further one-year extension. During this time, we will continue to consider the longer-term options for the whenua, mindful of its importance to our whānau and the future aspirations for the site.

We are looking for a lessee who can deliver a sound commercial outcome, care for the whenua in accordance with our values, and work constructively with us during the lease period.

 

The opportunity:

• Location: 139 Beach Road, Tāngoio
• Area: Approximately 120 hectares
• Permitted Use: Grazing cattle, sheep and forage cropping
• Lease Term: Two years with option for a third year by mutual agreement
• Rent Reviews: Annual CPI-linked reviews
• Future Development: The property is being progressively developed for marae and associated infrastructure during the lease term.

 

What We Are Looking For

Tenderers will be asked to demonstrate:

• Their proposed commercial offer;
• Farming experience and capability;
• Environmental management approach;
• Health and safety systems;
• Alignment with kaitiakitanga values; and
• Ability to work collaboratively with MTL and the wider aspirations of the Trust.

 

Register Your Interest

If you are a registered member and would like to be considered for the closed tender process, please email office@tangoio.maori.nz with your name and contact details.

Expressions of interest close at 3pm on Thursday, 10 September 2026.

Those who register will be provided with the full Request for Proposal, proposed rural lease documentation, relevant property information and tender requirements.

Tenders will close on Thursday, 17 September 2026.

Registering your interest does not commit you to submitting a tender.

All enquiries and expressions of interest will be treated in confidence.