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166 Pokeno Road, Pokeno, Franklin, Auckland, 2 Bedrooms, 0 Bathrooms, Cropping

By Negotiation

166 Pokeno Road, Pokeno, Franklin, Auckland

2
4
48650m2
CroppingListed on Fri Mar 22
$6,580/Monthly repayments
Based on estimate value
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Pokeno 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

Location

Estimate update: 2024 05Data Disclaimer
Low$1,075,000
Mid$1,107,500
High$1,140,000

Estimate accuracy

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Council Data

Last update : 2024 05 15
Improvement value$590,000Increased by 110% from year 2017
Land value$620,000Reduced by 0% from year 2017
CV(Year 2020 Month 10)$1,210,000Increased by 34% from year 2017
室外木台
室外木台Yes
景色
景色Focal Point Of view - Other
坡度
坡度Level
土地面积
土地面积48647m²
建筑面积
建筑面积84m²
建造年代
建造年代1960
地契编号
地契编号361872
地契类型
地契类型Freehold
法律描述
法律描述LOT 1 DP 390207
市议会
市议会Waikato
产权描述
产权描述FSIM,1/1,LOT 1 DEPOSITED PLAN 390207
建筑规格
建筑规格External Walls: Wood Roof: Iron
建筑现况
建筑现况External Walls: Average Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Pokeno School
1.18 km
Primary
1-8
Government
Co-Educational
EQI: 442
4
Tuakau College
6.28 km
Secondary
7-15
Government
Co-Educational
EQI: 493
4

Property history

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For developers

Unitary plan:-
Land:48650m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Suburbs

Data analysis - Pokeno properties data
Pokeno property trend
Year
Median price
Growth
Sales count
2022
$945,000
7.4%
1
2020
$880,000
-32.3%
3
2016
$1,300,000
114.9%
1
2015
$605,000
-
1
Promote

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
10 Clark Rise
0.49 km
4
2
176m2
Year 2024 Month 05 Day 20
$875,000
Council approved
23 Frankfield Road
0.17 km
6
4
-m2
Year 2024 Month 05 Day 01
-
Council approved
9 Bathgate Court
0.04 km
4
2
158m2
Year 2024 Month 01 Day 24
$960,000
Council approved
0.22 km
3
158m2
Year 2023 Month 12 Day 08
$900,000
Council approved
0.25 km
3
180m2
Year 2023 Month 12 Day 06
$910,000
Council approved

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Ref:864586Last update:2024-05-20 04:13:24