80 Orere Matingarahi Road

Orere Point Auckland

6.23 ha.

Other

Currently for sale - view listing

Overview

Must Sell | Income Day 1 OR 8%+ Potential Yield

CONDITIONAL MARKET NOW WELCOM -MUST SELL - PRESENT ALL OFFERS - GST INCLUSIVE - Over 7,000sqm of glasshouses and greenhouses - Currently owner operated and operational - Vacant possession available - opportunity to generate income from day one - Potential 8%+ rental yield - Vendors are happy to assist with handover Set across approximately 6.23 hectares of freehold land, 80 Orere-Matingarahi Road presents a rare combination of established horticultural infrastructure, income potential, substantial landholding and future lifestyle opportunity. The property provides approximately 7,481sqm of improvements, including extensive glasshouses and greenhouses, packhouse facilities and supporting infrastructure. For owner-operators, the property is already operational, allowing an incoming purchaser to take over an established horticultural setup without starting from scratch. The vendors are also prepared to assist with the transition and handover. For investors, the property offers the opportunity to lease out the established horticultural facilities. For qualifying GST-registered purchasers, the GST treatment of the acquisition may enhance the effective return, with the potential to achieve an 8%+ gross yield depending on purchase price and purchaser circumstances. Independent GST and tax advice is recommended. For buyers looking longer term, the approximately 6.23 hectare freehold holding also provides genuine landbank and lifestyle appeal. There is identified additional land that could potentially be used for expansion of the horticultural operation or construction of a residence, subject to all necessary approvals. Whether your plan is to invest, operate, landbank or build a future home, this property offers multiple options from one substantial holding. GST Inclusive. Must Sell. Present All Offers. Disclaimer - This property is being sold by auction and therefore, a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.