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Paeroa

7155 State Highway 26, Paeroa, Hauraki

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31.89 ha Land area SQM

Asking Price NZ$2,395,000 + GST

 (if any)

Explore a lucrative investment opportunity


Already partly zoned residential this property, 31 hectares (more or less) in size, is located near Paeroa's residential area and presents an attractive investment opportunity for medium-term hold as a secure investment.
Paeroa is currently experiencing unprecedented expansion in residential, lifestyle, and industrial growth, making this property a serious consideration for investment. Approximately 2.2 hectares of the property is zoned residential, and with the Longridge Retirement Village next door, the potential for future development is high. Currently operated as part of a dairy unit, the owners are downsizing to accommodate a lifestyle change.
The property is flat with a well-designed race system and fenced into 25 paddocks, making it suitable for a run-off, maize block or dairy lease as a holding position. Investigation of future development opportunities may also be undertaken. Town water is available on the property, along with two implement sheds (one enclosed) and stockyards, providing several farming options and a reasonable income.
This presents an excellent opportunity to be a part of Paeroa's residential growth and secure this well-located property, as great investment opportunities are not just confined to cities and large centres. Call us today about this great opportunity which has presented itself!

Mike Fraser-Jones

Mike Fraser-Jones


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Karl Davis

Karl Davis


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

Features

Contour


All flat contour with a good race system and well fenced to 25 paddocks

Dairy


Currently run as part of a dairy operation

Development


Unprecedented expansion phase in residential, lifestyle and industrial growth in Paeroa

Options


Medium term hold as a secure money investment