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Tauranga

224 Keenan Road, Pyes Pa

Price

NZD$5,200,000

Property ID NTTG00356


bed

4

bath

2

car

4

floor

162 sq m

land

48636 sq m


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The signs are there. Reach your hand over the lower fence and touch the city. The Lakes residential development is the immediate neighbour bordering at least half the boundary, its rapid progress clear to see the rise opposite. The Keenan Road area is ear marked for future zone change to meet demand for housing, making this 4.8636 block on a gentle northerly contour ripe for picking.
Purchasing this prime land promises an excellent investment however you view the future. The 3.2 ca ha of certified organic Hayward kiwifruit yielded 19,000 last harvest and averaging 24,000 trays over the last five years when the exceptional quality of the fruit and the demands of this niche export market again delivered strong revenues. The orchard is in five blocks, four of them mature fruit planted some 30 plus years ago, the fifth, young vines planted in 2010 and at 75 per cent production potential.
Good shelter includes a double row of hedges protecting it from the prevailing west wind and also protecting the integrity of the organic orchard. This shelter could be an added benefit for a future residential development.
The four-bedroom dwelling was built in 1990 on the higher side of the property. From the lounge and the sunny deck are peeps of Mauao over what was green pasture and is now a sea of houses in the very successful Lakes residential area. Shrubs and fruit trees merge with the orchard sloping gently below. The home has 2 conveniently located car parks close to the house along with a large carport which is well supplemented by six vehicle garaging or storage in the three-bay shed with three carports.
Since this orchard was established the city has inched closer to provide close proximity to education and retail including the massive Tauranga Crossing shopping centre.
The pluses of this property will be obvious to developers and investors

Crystal Harvey

Crystal Harvey

Bay of Plenty

Cell Phone+64 27 333 4915

Emailcrystal.harvey@nzsir.com

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