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166 Pokeno Road, Pokeno, Franklin

By negotiation

4.87ha

Glasshouse + Potential Land Investment on 4.86ha

Established and modern glasshouse operation plus landbank potential - a unique investment opportunity in popular Pokeno.

Just two years old and offering the solid investment of a highly automated operation for ventilation, irrigation and fertilisation that can be run by two people, this 2040m2 glasshouse is well positioned on 4.86ha of prime land. The glasshouse includes a Ridder drive system, using innovative technology to increase production and enhance the overall viability of the operation.

A 120m2 packing shed connects to the glasshouse with ample space for the heating boiler and a generous workshop area. Currently set up to grow tomatoes, the layout, space and technology make this business a compelling investment and family lifestyle. They have commercial bore as well.

Near the entry to the property is a 2 bedroom home, modest on the outside but extensively renovated inside, including flooring, modern kitchen, a bathroom with tiled shower, and a large laundry/storage room. Doors open up to a large covered decking area - perfect for fuss-free entertaining or relaxing at the end of a working day.

Centrally located just 1km from Pokeno School, from this property just cross the road, we can see the huge land has been developed to modern new houses. Potentially there is the option to explore applying to have the land rezoned as Residential, or simply landbank while running a good profitable business.

With its superb location, renovated home, scope for further land development, and offering a well-established modern glasshouse operation, this is a unique opportunity for an astute investor to add value. Don't miss this great opportunity!

See this listing on Barfoot & Thompson

Additional details

Type

Cropping

Property ID

864586

Listed on

22/03/2024

Updated

19/10/2024

Data

Property insights

OneRoof estimateRating valuationEstimate over timeProperty history

OneRoof estimate

Property data

Broadband available

Land area

4.86ha

Title

361872

Legal description

LOT 1 DP 390207

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Pōkeno, Franklin

Pokeno is a suburb which lies within the Territorial Authority of Waikato, one of 55 residential suburbs which form the wider region. Pokeno is the 6th largest suburb of Waikato in terms of the total number of residential housing stock. Pokeno provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 2010 - 2019. Residential housing stock in Pokeno is made up of approximately 75% residential housing and 25% lifestyle properties.

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Glasshouse + Potential Land Investment on 4.86ha

By negotiation

166 Pokeno Road, Pōkeno