366 SH 33

Paengaroa Bay of Plenty

331 m²

1.32 ha.

Rural

Currently for sale - view listing

Overview

Kiwifruit Industry investment opportunity

A truly unique investment and lifestyle opportunity in the heart of the Bay of Plenty exists at 366 State Highway 33. Originally part of a larger kiwifruit growing and post-harvest operation, this versatile property now offers a rare combination of residential living, potential commercial income, accommodation facilities, and extensive infrastructure; All set on 1.3 hectares (more or less) Positioned on State Highway 33, between Te Puke and Rotorua, the property enjoys excellent accessibility and connectivity to some of the region's most important horticultural and industrial hubs. This strategic location provides easy access to major transport routes, while remaining within close proximity to local services and amenities. There is a substantial 331sqm (more or less) residence, offering spacious family living and the flexibility to accommodate extended family, staff accommodation, or the potential for additional rental income. Complemented by extensive shedding, canopy coverage, generous yard areas, and established grounds. One of the property's standout features is the former packhouse, which has been successfully converted into a compliant 40-bed accommodation facility. Currently leased to Apata, this purpose-built operation provides a strong and established income stream while meeting the increasing demand for workforce accommodation within the Bay of Plenty horticultural sector. Adding further value is the existing coolstore facility, currently leased to EastPack and utilised for Class II kiwifruit storage. The balance of the property provides shedding and storage areas, large sealed and unsealed yard spaces, and canopy-covered work areas. Properties offering multiple diversified income streams are becoming increasingly difficult to find. Whether you're an investor seeking a strong holding income, a business owner looking for a well-located operational base, or a purchaser wanting a property with flexibility and future potential, 366 State Highway 33 presents an opportunity worthy of serious consideration. Tender (unless sold prior). All measurements and distances are approximate. To be sold Plus GST (if any).