1-6/461 Otamarakau Valley Road

Pukehina Bay of Plenty

107 ha.

Other

Currently for sale - view listing

Overview

Horticulture, Grazing or Lifestyle-Buy One or Six

Located in Otamarakau, these blocks of land present a rare, multi-faceted investment opportunity in a tightly held coastal-rural location. The lots have been recently subdivided totaling 107.18HA, awaiting the final survey plan and boundary photos for all lots. Titles have been issued; sizes are approximately: • 40.45 hectares - Lot 1 • 22.06 hectares - Lot 2 • 22.31 hectares - Lot 3 • 13.74 hectares - SOLD • 5.76 hectares - Lot 5 - $949,000 • 2.75 hectares - Lot 6 - $799,000 Each lot benefits from a water easement, and offers a diverse range of potential uses, from horticultural conversion to grazing or lifestyle development. Buy one or buy all! Prime Horticultural Potential Some of the lots consist of flat, highly usable land featuring volcanic, free-draining soils known for their responsiveness to fertiliser inputs. With an altitude ranging between 68 - 101 metres above sea level, the property presents compelling potential for G3 Gold and/or R19 kiwifruit conversion, as demonstrated by successful surrounding developments. There is water allocation available via the Waitahanui Aquifer (subject to due diligence). Plus, a bore is located on the property in which water is pumped to a large concrete water tank that supplies the stock water troughs.The combination of soil profile, climate, elevation, and water access positions this property as a strong candidate for high-value crop development. Scale, Contour & Flexibility Furthermore, the mixed contour land within the lots can be utilised for dairy support and grazing. With strategic contouring and development, significant additional value could be unlocked by an astute investor or developer. There's also mixed-age pine trees making up approximately 30 hectares (more or less) between four lots, providing both land-use diversity and future harvesting potential. Land contour varies across the holding, ranging from flat, productive paddocks to steeper sidlings. Elevated areas offer captivating peeps of the Pacific Ocean, enhancing the appeal for potential building platforms or lifestyle integration - potential house sites have sweeping views of the Pacific Ocean plus rolling rural views. Income & Immediate Utility Existing infrastructure supports continued grazing for 200 head of dairy heifers plus harvesting of 200 bales of silage which is fed on the property, allowing purchasers to generate returns while exploring longer-term development pathways.