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Listing Description

Listed: Sun, 12 Mar

Premium acreage is a kiwi classic

617 Otakiri Road, Otakiri, Whakatane, Bay Of Plenty

Price by negotiation

Details

  •   29.49ha Land
AttributeValue
Property use
Bare Land
Capital value (CV)
$1,285,000
Viewing instructions
Open Day Sunday 16 April 2.00pm-2.30pm
Agency reference
2574274

Description

Location, flat terrain and views south to Mt Putauaki/Edgecumbe combine on these three bare blocks inspiring boundless opportunities for a knowledgeable investor.

Take your choice from these three nicely sized grazing blocks ranging in size from 7.4 to 11.3 hectares (more or less) and situated in a convenient and highly regarded Eastern Bay of Plenty location, being only a short commute to Whakatane, Tauranga or Rotorua.

Blessed with easily manageable flat contour, highly fertile and free draining soil, these sites have a proven history of cropping or grazing, combine this with a very favourable mild Eastern Bay of Plenty coastal climate and a good reliable rainfall ensures luscious green grass grows year round. A new owner may well diversify and add to what is already a grass growing machine. Recent upgrades have been completed with new post and batten seven wire boundary fences along with a wide metaled driveway entrance, ideal for heavy truck access along the western boundary of all three properties.

This popular location offers more options than just farming, plan to move on or build a new country home, build a large shed or workshop, there are no restrictive land covenants. Town water is available for domestic purposes, power will need to be connected. Views span across rural vistas to Whale Island in the north and Mount Putauaki/Edgecumbe in the south. Perfectly situated tucked in behind but within the close proximity to Otakiri School being an easy stroll down the road or it is only a 20 minute drive to Whakatane and 10 minutes to the beach.

Lot 2 is positioned on Otakiri Road and stretches across a 7.471 hectare parcel of land, while Lot 3 being 11.338 hectares and Lot 5 being 10.679 hectares both expand out to the east. Opportunities here are plenty, purchase one lot or three, the astute purchaser will see the potential here. Property sold plus GST (if any).


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Agent's details

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Bayleys Whakatane, (Licensed: REAA 2008)

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