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461 Otamarakau Valley Road

Bay of Plenty
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1071800sqm
461 Otamarakau Valley Road Bay of Plenty
proudly marketed by
Success Realty Ltd MREINZ
Horticultural development land - multiple options
Located in one of Pukehina's most well known roads, centrally located at around a half hour drive to either Te Puke or Whakatane, this 107.18 hectares (more or less) property brings with it a multi faceted opportunity for the seasoned investor including the possibility to subdivide. With the 20 hectares (more or less) flat land for possible horticultural development with the volcanic free draining soils that respond well to fertiliser and an altitude of between 68-101 masl suggests G3 and/or R19 kiwifruit is one of the options here as the surrounding kiwifruit developments have shown. With further contouring an astute developer will release and unlock further potential with the 54 hectares (more or less) mixed contour land currently used for dairy support. There is still allocation available for water via the Waitahanui Aquifer being an all important factor in horticultural developments, with further due diligence required to realise the potential. The balance of land 33 hectares (more or less) is planted in mixed age pine trees. The freedom of choice with this property is immense, develop the horticultural potential, continue to offer dairy support with grazing and utilise the infrastructure in place or take your pick of the various potential house sites with stunning views to the ocean beyond. There is no time better than now! To be sold plus GST (if any).
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Upload by James Sales
Bay of Plenty