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Paengaroa

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172.57 ha Land area SQM
4 Bedrooms
2 Bathrooms

Tender

Substantial scale and scope for savvy investor


A large-scale property in a sought after area with plenty of options for investors, farmers and horticulture buyers alike. Situated at the end of Mystery Valley Road, this 172 hectare (more or less) block in two titles has so many possibilities to consider. \n\nFrom the tar seal road there is a well maintained gravel road providing great access to the land and a separate entrance for the tidy four bedroom home set at the front of the property in a secure, private and secluded setting, which has housed the same tenants for over 20 years. Passing by Redwood trees you are immediately taken into a haven - home to all kinds of birdlife, creating a peaceful and tranquil sanctuary.\nBeyond the house there is approximately 40 hectares of prime land at an altitude of approximately 120m that is currently leased to a local farmer for the production of maize and winter grazing of dairy cattle. With a flat to gently sloping contour here cropping and grazing are viable prospects; plus horticulture is a consideration.\n\nThe balance of the land is planted in Radiata Pine trees in various stages of life. One area to the west is scheduled to be planted in August 2018 (approximately 67 hectares) while the trees to the east are two years old and cover an area of approximately 33 hectares; while those to the north are already five years mature (approximately 21.9 hectares). The standard of silviculture here is a testament to the dedication and focus of both the managers and owners.\n\nAn on-site spring provides water for the house, which could in turn be used to supply any water system or troughs that the new owner wishes to put in place. In addition, the property has its own pumice quarry that is used to maintain its roads, tracks and races.\n\nA prudent investor will immediately recognise the prospect that this property provides; whether the buyer is local or international it represents a valuable long-term venture. With easy access to Tauranga Port that is only 41km away, the opportunity to secure land of this scale and with these options in the Bay of Plenty is extremely rare. \n\nClose to the sought after Paengaroa School it could provide an outstanding opportunity for lifestyle and development. Paengaroa is only 10km away with its cafes, petrol and shops and you are very handy to both Te Puke and Tauranga, via the Eastern Link; plus Rotorua with its lakes is less than an hour's drive.\n\nLocation\n\nThe benefits of the Paengaroa district are here to be enjoyed with great schooling close by, pool and sport facilities at the Pongakawa Tect Action Centre, enjoy a game of golf or take the long line out to Otamarakau and grab a snapper for tea. The Rotorua lakes are easily accessible and the property is conveniently located to Tauranga, Whakatane and Rotorua.\n\nFew regions in New Zealand or the world for that matter have as much to offer as the Bay of Plenty. From the gentle harbour waters to its surf beaches, its fishing and diving grounds to the scenic bush, the Bay is as much a quiet recreational playground as it is a thriving business and rural community.\n\nKey economic elements for the region include Tourism, Horticulture (predominately Kiwifruit and Avocado production), Viticulture, Pastoral farming, Forestry, Housing and Holiday Makers. The rapid growth in the area provides a vibrant living environment from job opportunities to business prospects with a sustainable future.\n\nWith a mixture of beautiful scenery, great beaches, cafes, restaurants and nightspots it is more than a region; it is a lifestyle. The award winning schools also provide a key reason why Bay of Plenty is proving to be such an attractive destination for both ex Kiwi's and migrants as a place to set up their new life in New Zealand.

Tender

247 Cameron Road, Tauranga

19

Jul

Time4pm
Calander
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Phil Mangos

Phil Mangos


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Mark Spitz

Mark Spitz


Bayleys Real Estate Ltd, Waiheke and Great Barrier,
Licensed under the REA Act 2008

Features

Area


172ha (more or less)

Contour


Good contour, with some steeper sidlings planted in forestry

Dwelling


Solid four bedroom home

Improvements


Basic shedding

Land use


Good for grazing, re-planting or even horticulture