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617 Otakiri Road, Otakiri, Whakatāne

Price by Negotiation

29.49ha

Premium acreage is a kiwi classic

Location, flat terrain and views south to Mt Putauaki/Edgecumbe combine on these three bare blocks inspiring boundless opportunities for a knowledgeable investor.

Take your choice from these three nicely sized grazing blocks ranging in size from 7.4 to 11.3 hectares (more or less) and situated in a convenient and highly regarded Eastern Bay of Plenty location, being only a short commute to Whakatane, Tauranga or Rotorua.

Blessed with easily manageable flat contour, highly fertile and free draining soil, these sites have a proven history of cropping or grazing, combine this with a very favourable mild Eastern Bay of Plenty coastal climate and a good reliable rainfall ensures luscious green grass grows year round. A new owner may well diversify and add to what is already a grass growing machine. Recent upgrades have been completed with new post and batten seven wire boundary fences along with a wide metaled driveway entrance, ideal for heavy truck access along the western boundary of all three properties.

This popular location offers more options than just farming, plan to move on or build a new country home, build a large shed or workshop, there are no restrictive land covenants. Town water is available for domestic purposes, power will need to be connected. Views span across rural vistas to Whale Island in the north and Mount Putauaki/Edgecumbe in the south. Perfectly situated tucked in behind but within the close proximity to Otakiri School being an easy stroll down the road or it is only a 20 minute drive to Whakatane and 10 minutes to the beach.

Lot 2 is positioned on Otakiri Road and stretches across a 7.471 hectare parcel of land, while Lot 3 being 11.338 hectares and Lot 5 being 10.679 hectares both expand out to the east. Opportunities here are plenty, purchase one lot or three, the astute purchaser will see the potential here. Property sold plus GST (if any).

Additional details

Type

Unspecified

Property ID

2574274

Listed on

13/03/2023

Updated

20 days ago

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Otakiri, Whakatāne

Otakiri is a suburb which lies within the Territorial Authority of Whakatane, one of 21 residential suburbs which form the wider region. Otakiri is the 10th largest suburb of Whakatane in terms of the total number of residential housing stock. Otakiri 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 1980 - 1989. Residential housing stock in Otakiri is made up of approximately 14% residential housing and 86% lifestyle properties.

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Asking Price $600,000

2/617 Otakiri Road, Otakiri