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Price By Negotiation
Bedrooms
10
Bathrooms
3
Floor Area
184 sq m
Land
42.19 ha
An exceptional opportunity to secure 42.1 hectares (more or less) of flat, highly usable land in a strategic Bay of Plenty location, where productive farming, multiple dwellings and future potential come together. Currently utilised as a dairy support block and grazed under lease by a neighbouring farmer, this versatile holding benefits from an entirely flat contour and highly regarded Allophanic Te Puke silt loam soils. Together with established drainage infrastructure, these attributes provide an excellent foundation for continued dairy support, grazing and other suitable agricultural pursuits. Adding considerable appeal are three homes positioned across the property, offering flexibility for extended family, farm accommodation or rental income. Two dwellings are currently tenanted, providing an existing income stream, while the third is owner-occupied. Supporting the farming operation are cattle yards, a well water supply servicing the farm and an extensive implement shed currently nearing completion. The three dwellings are serviced by rainwater, while established drainage, a Council stop bank and flood gates further support the property's rural operation. For those considering the longer-term possibilities, there is also potential to investigate subdivision into approximately five lots, subject to feasibility, planning requirements and all necessary Council approvals. This introduces another dimension for purchasers seeking both a productive landholding and future opportunity. A picturesque boundary along the Kaituna River adds a special lifestyle element, while Kaituna Beach is within walking distance, placing fishing, coastal recreation and outdoor pursuits remarkably close to home. The property's location is equally compelling. Positioned within the wider eastern Bay of Plenty growth corridor, it is well placed in relation to the proposed Te Tumu urban development at Papamoa East. This significant long-term project envisages thousands of new homes, commercial centres and community facilities, highlighting the continued growth planned for this part of the region. Paengaroa itself offers an appealing balance of rural tranquillity and convenience, with excellent connections to Te Puke, Tauranga, Papamoa and Rotorua via State Highway 33 and the Tauranga Eastern Link. Whether your vision is productive farming, investment, multigenerational living or exploring future possibilities, 74 Ford Road presents an outstanding opportunity to secure a substantial and versatile landholding in an increasingly desirable Bay of Plenty location. Price is Plus GST (if any). Boundary lines indicative only....
Property ID
RORE01758
Bedrooms
10
Bathrooms
3
Floor Area
184 sq m
Land
42.19 ha
