Back 1044 Te Matai Road
Off Market

1044 Te Matai Road

Te Ranga Bay of Plenty

0 m²
18 ha.
Rural
Last sold for $4,800,000
Clark MazeyClark Mazey, last sold this property on 25 May 2025 after 75 days on market.

Overview

Bring all offers!! 5.33ca/ha G3 production block

Fantastic G3 Production block for investors Located on the popular Te Matai Road, this impressive property spans just over 18 hectares total area, with approximately 5.33 ca/ha hectares of licensed G3 kiwifruit. This presents as a fantastic investment opportunity to those within or new to the industry looking to diversify into kiwifruit. It could also serve as a great add on for existing orchardists looking to increase crop to their portfolio with a hands on approach & get the best out of this property! The orchard features fantastic shelter, with over 2 hectares under hail netting, fast track throughout and well maintained natural shelter belts to ensure minimal wind disruption to the vines. The property has shares in the Te Matai water scheme & boasts a supersized storage pond which ensures summer month irrigation & frost protection over those colder months. The orchard has achieved over 15k trays per ca/ha as per 2024 and historically, and there is no reason why this can't be consistently achieved or superseded in future under good management. Key features: - 5.33 ca/ha Licensed G3 kiwifruit production block - Super sized water storage pond which is supplied from Te Matai water scheme - Frost & standard irrigation throughout - Utility shed - Approx 2.02 ca/h under cover with white hail netting, remainder has good natural shelter & fast track under vine throughout - Sound structure's in place with steel Agbeam throughout - Approx 5.5 hectares of recently pruned 8-10 year old pine trees which offer solid returns in future Property Files: https://www.propertyfiles.co.nz/TG04342

Features

0 m² floor area
18 ha. lot size
Rural

Estimated Value

Based on this property and similar rurals sold in Te Ranga over the last 12 months, the estimated median property value of 1044 Te Matai Road is $531.5k.

Median value
$531.5k
Estimated value range
$480k - $4.8m
Median days on market
211
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Te Ranga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1044 Te Matai Road

2025
Sold
$4,800,000
25 May 2025 by Clark Mazey, of Bower Omokoroa

Happy sellers in Te Ranga

85%
85% of sellers in Te Ranga reported that their sale price either exceeded or met their price expectations.

Te Ranga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Te Ranga over the last 12 months.

Local market activity for rurals in Te Ranga

In the last 12 months, 5 rurals similar to 1044 Te Matai Road, have been sold.

This represents a 25% increase in rurals sales when compared to the previous 12 months.

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