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Paengaroa

580 Allport Road, Paengaroa, Western Bay Of Plenty

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47.00 ha Land area SQM

For Sale by Negotiation

Large lifestyle or Horticultural Development


Located 22 kms from Te Puke on your way to Rotorua, you will find 47 hectares (subject to survey) with avocados, which would make a great large lifestyle property or horticultural development. North east facing and in a prime altitude for kiwifruit development the land is a mix of good grazing contour with a further 22 hectares that has come out of pines, diverse income streams from this property.

For those wanting a larger lifestyle property for either grazing or developing there are some great spots for spectacular house sites on the property with views to the coast. The 3 hectares of producing avocados provide a great income for cashflow from the start. The property is entirely deer fenced. Improvements on the property are of a good quality and add real value to the property's potential. A large shed approximately 5 bays has been converted for accommodation (consenting unknown), this would be a good base while you build your dream home above it that has panoramic views of the coast out to Motiti and Mayor island. A further five bay implement shed has power near it at the old cowshed.

For the horticultural developer the land ticks a lot of boxes north east facing with some slope to it and sits at a good altitude. Either keep the avocados for income as you develop the further land or remove and reshape the property to gain more plantable land.

The current owner has purchased elsewhere making this surplus to their needs.

If you would like to receive Ben's monthly email newsletter, please email us - ben.hickson@bayleys.co.nz and put PLEASE ADD ME TO EMAIL in the subject line. It's a great way to hear about new listings and to keep up to date with the local property market.

Ben Hickson

Ben Hickson


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

Features

Improvements


10 minutes to Te Puke township, 20 minutes to beaches, three hectares of avocados, 22 hectares of good north facing horticultural land, 22 hectares forestry land.

Location


Paengaroa, Te Puke, Bay of Plenty

Size


47 hectares more or less (subject to survey)

Views


Two great potential house sites with coastal views.