82 Te Puke Quarry Road, Te Puke, Te Puke

Multi-zoned with numerous income opportunities

(Entrance off 394 Te Puke Quarry Road, Te Puke)
Rarely is a property offered with so many options to generate income. With a long-term vision, this multi-zoned property located in the Papamoa Hills between Tauranga City and Te Puke presents buyers or syndicates a variety of opportunities; whether it's continuing with forestry, returning the land to grazing, land banking, or perhaps subdividing to take advantage of the spectacular panoramic views over Papamoa East, Te Puke Township and to the coast at the Maketu Heads.
The topography of the 89.472 hectare property (more or less) is made up of rolling hill to strongly rolling hill country, along with some steep land. The property is currently operated as a forestry enterprise covering some 78 hectares with 27-year-old stands of timber (72ha Pinus Radiata and 6ha Lusitanica) nearing the end of harvesting in its first rotation. Good access roads for harvesting purposes runs through the property. A further 6.76 hectares (more or less) has been retired and protected as part of Environment Bay of Plenty's environmental programme with the objective of protecting the stream and wetland areas. Indigenous shrubs, trees and wetland plants have already been planted in the Environmental Protection Area.
A substantial 30-lot lifestyle subdivision is currently underway on an adjacent property. Although the property is not currently zoned for lifestyle development, there may be subdivision possibilities in the future (subject to further investigation and consent).
This gem is in an excellent location just off the main highway, approximately 1.5km from Te Puke central with a good range of schooling and amenities, 12km to Papamoa Plaza and 23km to the Port of Tauranga. There's also plenty of recreational appeal with the Papamoa Hills Recreational Reserve at the end of the road, Raparapahoe Falls, bush walks, rose gardens and a golf course in close proximity.
Property sold plus GST (if any).