Multiple income streams, one rural investment
Positioned on the outskirts of Egmont Village and just a short 10-minute drive from New Plymouth CBD, this 19.31-hectare (more or less) property represents a compelling passive investment opportunity. Offering a potential return of approximately 7.3% based on the expected sale price and current rental agreements, and with multiple established income streams already in place, it delivers both diversity and reliability for either on-site or hands-off investors seeking strong, consistent returns.
The property features a modern poultry operation at its core, comprising four fully managed breeder sheds under contract to Tegel Foods, providing a stable, consistent income. This is complemented by a long-established industrial site, currently leased to a sawmill and firewood business, as well as approximately 14 hectares (more or less) of flat to gently rolling pasture supporting ongoing livestock returns.
Two well-appointed dwellings further enhance the offering, including a tidy three-bedroom home with mountain views and a substantial four-bedroom residence with landscaped grounds and a large basement, offering flexibility for extended family living or additional rental income.
Extensive infrastructure includes a large workshop with three-phase power, multiple storage sheds, stockyards, and loading facilities, ensuring the property is well-equipped to support its diverse operations.
Bordering Egmont Village, the location offers an ideal balance of rural tranquillity and urban convenience, combining accessibility to New Plymouth with lifestyle appeal. This is a well-rounded rural asset that brings together income, scale, and strategic positioning.
The property features a modern poultry operation at its core, comprising four fully managed breeder sheds under contract to Tegel Foods, providing a stable, consistent income. This is complemented by a long-established industrial site, currently leased to a sawmill and firewood business, as well as approximately 14 hectares (more or less) of flat to gently rolling pasture supporting ongoing livestock returns.
Two well-appointed dwellings further enhance the offering, including a tidy three-bedroom home with mountain views and a substantial four-bedroom residence with landscaped grounds and a large basement, offering flexibility for extended family living or additional rental income.
Extensive infrastructure includes a large workshop with three-phase power, multiple storage sheds, stockyards, and loading facilities, ensuring the property is well-equipped to support its diverse operations.
Bordering Egmont Village, the location offers an ideal balance of rural tranquillity and urban convenience, combining accessibility to New Plymouth with lifestyle appeal. This is a well-rounded rural asset that brings together income, scale, and strategic positioning.
Key features
Land area breakdown
19.31ha (more or less), with 14ha of effective grazing land.
Current use
Diversified income-generating asset, including four breeder sheds contracted to Tegel, grazing paddocks, industrial site leased to sawmill, and two farmhouses used as rentals.
Infrastructure
Modern poultry farm infrastructure including breeder sheds and annex buildings, established industrial site, lockable workshop and additional storage sheds, stock yards.
