Listing Description
Rural living, Zoned Industrial ... Invest and Rest
172 Belk Road, Omanawa, Western Bay Of Plenty, Bay Of Plenty
Details
| Attribute | Value |
|---|---|
| Property type | Dwelling |
| Capital value (CV) | $1,550,000 |
| Parking | 2 garage spaces |
| Agency reference | PPS31894 |
Description
This 10695 sqm property sits within the developing stages of the Tauriko Industrial area.
Already zoned industrial and inline to be developed for industrial use, the future value is clearly obvious with the market rate for industrial land in Tauriko sitting at approx $850/sqm. Take into account the costs of development, and you can see the potential profit already exits.
The property is a beautiful tree filled, rural residential 1 hectare, with a modern 3 bedroom, 2 bathroom home and numerous sheds and out buildings. Access to and from 172 Belk Road is now via Tauriko industrial subdivision, either via the new Redwood Lane roundabout, or through to The Lakes subdivision and shopping.
Current land use is Rural / residential. While you wait for the industrial zone to envelope the area you can live here ? rent the property ? store your Horticulture/Agriculture machinery?
The current owners have developed the land and home over the last 25 years, and they understand they will be leaving behind obvious potential profit, they do not want to wait to re-develop further. They have found their next property and are keen to move quickly to secure it.
Offers are sought immediately.
Open home times
Local Schools
IN ZONE Tauranga Girls' College930 Cameron Road
7.9 km
Secondary (Year 9-13) (Secondary), State, 1435 enrolled
IN ZONE Tauranga Boys' College664 Cameron Road
9.4 km
Secondary (Year 9-13) (Secondary), State, 2233 enrolled
UNZONED Acg Tauranga6 Keenan Road
2.6 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), Private : Fully Registered, 415 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.
