Whakatane Real Estate

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SOLD

Bay of Plenty
5
2
N/A
320sqm
90620sqm
Bay of Plenty
proudly marketed by
Jeff Barbour
Colliers Tauranga
<b>OUTSTANDING TE PUNA KIWIFRUIT AND AVOCADO PROPERTY</b>..... This outstanding 9.0 hectare Te Puna Orchard Property demonstrates a range of features and benefits seldom found on the same property. The combination of 3.0 canopy hectares of high yielding 'green' kiwifruit (30,000 trays) plus approximately 73 producing Avocado trees (1800 trays) provides a consistent income. The kiwifruit orchard is currently managed by a professional orchard management company. The crop estimation is 35,000 (11,750 trays/ha) trays for the current 2012 season's production. All proceeds from this crop will be included in the sale of the property, thus providing a very useful cash flow going forward into the next production year. This block is also considered eminently suitable for grafting over to new varieties. The avocado planting is located on a favourable area on the property. The trees have been managed for export fruit production and have provided another useful income stream to the property. A sealed driveway passes by the orchard plantings and leads to the 320sq.m residence which is positioned on an elevated and private site overlooking the orchard and receiving views of Mayor Island and 'The Mount'. Residential features include an entertainer's kitchen, ideal for impressive cuisine, combined with delightful dining and stylish casual living areas. A separate lounge (with wood fire) enhances enjoyment of outdoor living through bi-fold doors opening onto a sheltered deck and gardens. Easy living and comfort are guaranteed with 5 bedrooms, office, spa room and a spacious mezzanine lounge area. Located at the rear of the property is an attractive area of native bush with stream and walkway, plus several small grazing paddocks for stock or further plantings. There is also the bonus of a 2 bedroom accommodation and implement shed. Genuine subdivision potential exists as the property is located within the Minden Lifestyle Zone which provides for further subdivision within the immediate location. The zone allows for 'rural residential' type subdivision of the land and will provide the property owner with options to enhance property values over time. This outstanding property located literally minutes from the city, provides the day to day lifestyle benefits of convenient access to shops, schools, restaurants and local attractions. So rarely available, this combination of unbeatable location, a quality living environment and income from kiwifruit and avocado orcharding activities, is an opportunity not to be missed. Price - $1,595,000. To view, phone me,Jeff. Orchard Sales Specialist 021 939 958 or 07 548 0485.
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Tauranga Central