Bank on multiple income streams


917 Te Matai Road, Te Puke

Asking Price NZD $5,000,000 + GST (if any)

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Bank on multiple income streams | 917 Te Matai Road, Te Puke | 2501410 |      X Close
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Bank on multiple income streams


G3, Hayward, class home, workers accommodation, shedding, grazing - most of all this spectacular property offers income, income, and more income. An enviable well appointed five bedroom, three bathroom family home, with split level modern open plan kitchen, dining and lounge area, covered outdoor entertainment surrounded by pool and gardens of a tropical nature, offer the peace equal to that of an island getaway. It is however the income earning aspects that make this offering incredibly special. As well as a significant 3.1can/ha of G3 approaching full production 2021/2022 there is a further 2can/ha of Hayward with opportunity to further increase G3 or leave the status quo. The structures have had significant time and money spent on them which helps the husbandry and gives confidence moving forward as crop loads continue to 'ramp up'. The vendor recognised the need to provide accommodation for workers needed in the kiwifruit industry so has sent up a large 15x10 metre for vans to park whilst providing ablution block with all facilities up to an extremely high standard. During lockdown, the property easily accommodated nearly 40 people and if necessary, could have housed more. Not only is the income beneficial it is a great way to house and keep good staff whilst ensuring the best husbandry for the skill set required to produce great crops of kiwifruit. Plentiful shedding and the bonus of approximately four acres of grazing, possibility of some further kiwifruit planting if desired. Motivated by another project the vendor leaves a 'carrot' for the new owner.

917 Te Matai Road, Te Puke

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