720 SH 33, Paengaroa, Bay of Plenty - Rural Sold on 08 05 2026

SoldMay 8, 2026

720 SH 33, Paengaroa, Bay of Plenty

$4,150,000

0 m²

120.67 ha.

Rural

•

30+ days on the market

Sold: May 8, 2026

What's around 720 SH 33

120ha with Grazing, Forestry & Kiwifruit Potential!!

Please contact Clark to arrange your private viewing today! Here is a rare chance to secure a 120.67ha diversified Bay of Plenty property in the heart of prime production country, handy to Paengaroa. Offering scale, flexibility and genuine future upside, this is a compelling mix of grazing, forestry and horticulture potential. A key highlight is the development opportunity: approximately 30ha + of plantable land with free draining soils, positioned amongst some of the finest kiwifruit orchards in the country. Given the altitude of the plantable land is predominantly 40-80 metres above sea level, it could be the perfect proposition to explore a large scale kiwifruit venture or future land banking options, over & above it's current land use! The balance of the farm includes around 35ha of grazing, 3.22ha in avocados (continue or assess for conversion), and approximately 50ha of Radiata pine trees planted in 2020. A five bedroom home plus office completes the package, well located with coastal views - ideal as a family base or strong rental option. Key features: - 120.67ha total area - Approx 30ha + of plantable land with horticulture potential - Approx 35ha fully fenced grazing with troughs - 3.22ha avocados - could also be converted over to more lucrative kiwifruit cultivars - Approx 50ha Radiata pine trees (planted 2020) - have been pruned & thinned - Water source is from a spring with 30k litre storage - 5 bedroom home + office with expansive elevated rural & coastal outlook - Potential for future subdivision (subject to council approval) - Close to Paengaroa township & schooling For the full information pack or to arrange an inspection, please contact Clark Mazey. Property Files: https://www.propertyfiles.co.nz/720StateHighway33