Colliers International has been appointed to market a 1.4ha site in one of Te Puke’s most desirable hort destinations. The property is planted in approximately 66 well established Hass avocado trees currently holding good fruit. The crop is included and would provide immediate income. Ample shedding and an original 1950’s Huntly red brick home and garden are crying out to be renovated back to their former glory.
With existing shelter and surrounded by high calibre orchards on 3 sides, 780 State Highway 2 Paengaroa is prime for a 1.4ha G3 greenspace project. The area is known for its Zespri Kiwistart potential which attracts bonus income. The property benefits from the existing bore with water take consent to aid irrigation and frost protection if required.
Given its strong State Highway presence which for many years operated as the iconic ‘Fruitlands’ fruit shop well known by locals and travellers, this property also has the option to pursue the development of a service station in accordance with the resource consent for the property. 780 State Highway 2 offers exceptional transport connections being close to the intersection of 3 main highways and is only 8km from the Te Puke township and 2.7km’s to the bustling Paengaroa village.
The 1.4ha site is a great expansion plan or entry level horticultural opportunity with sufficient scale and potential to make it suitable for a range of outcomes including existing lifestyle with income, G3 redevelopment or explore the commercial possibilities in the resource consent.
We are excited to market this property which has so many angles and upside – improve, start again or redevelop.
Ref #: 20488376
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