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7155 State Highway 26, Paeroa, Hauraki

Asking Price $2,350,000 Plus GST (if any)

31.89ha

Discover a Profitable Investment Opportunity

This 31-hectare property (more or less), partially zoned residential, is ideally situated near Paeroa's growing residential area and offers an attractive medium-term investment opportunity. Paeroa is experiencing rapid expansion in residential, lifestyle, and industrial sectors, making this property a highly appealing investment consideration.

The property has previously been operated as part of a dairy unit, with the owners now looking to move forward down other avenues. The flat property features a well-designed race system and is divided into 25 paddocks, making it suitable for a run-off, maize block, or dairy lease while holding for future development. Town water is available on the property, along with two implement sheds (one enclosed) and stockyards, providing various farming options and a steady income.

This is an excellent opportunity to be part of Paeroa's residential growth and secure a well-located property, as great investment opportunities are not confined to cities and large centers. Contact us today to learn more about this exceptional opportunity!

Additional details

Type

Finishing

Property ID

2315909

Listed on

01/08/2024

Updated

11/10/2024

Data

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OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Broadband available

Land area

72.87ha

Title

SA311/124

Legal description

LOT 1 DPS 25092, ML KOMATA SOUTH BLK 1E, PML TAIWHAKAREWAKAURI BLK 2, PML TA

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Paeroa, Hauraki

Paeroa is a suburb which lies within the Territorial Authority of Hauraki, one of 22 residential suburbs which form the wider region. Paeroa is the 2nd largest suburb of Hauraki in terms of the total number of residential housing stock. Paeroa provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1890 - 1899. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Paeroa is made up of approximately 76% residential housing , 2% residential investment housing and 22% lifestyle properties.

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Discover a Profitable Investment Opportunity

Asking Price $2,350,000 Plus GST (if any)

7155 State Highway 26, Paeroa