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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

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

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Council Data

Last update : 2025 02 19
Improvement value$650,000Reduced by 0% from year 2023
Land value$840,000Reduced by 0% from year 2023
CV(Year 2023 Month 10)$1,490,000Reduced by 0% from year 2023
DeckYes
View typeFocal Point Of view - Other
ContourLevel
Land area48647m²
Floor area84m²
Decade of construction1960
Title361872
Type of titleFreehold
Legal descriptionLOT 1 DP 390207
CouncilWaikato
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 390207
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal 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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Surrounding facilities

Pokeno Road Neighborhood and Surrounding Data

Suburbs

Data analysis - Pokeno properties data
Pokeno property trend
Year
Median price
Growth
Sales count
2024
$664,550
-43%
6
2023
$1,165,611
23.3%
1
2022
$945,000
7.4%
1
2020
$880,000
-32.3%
3
2016
$1,300,000
114.9%
1
2015
$605,000
-
1

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.24 km
4
183m2
Year 2025 Month 01 Day 24
$925,000
Council approved
0.23 km
4
169m2
Year 2024 Month 12 Day 04
$952,000
Council approved
3 Frankfield Road, Pokeno
0.22 km
4
2
-m2
Year 2024 Month 12 Day 01
$902,500
Council approved
8 OTTO LANE, Pokeno
0.20 km
4
2
198m2
Year 2024 Month 11 Day 07
$955,000
Council approved
5 OTTO LANE, Pokeno
0.24 km
6
4
248m2
Year 2024 Month 09 Day 06
$1,177,500
Council approved

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Ref:864586Last update:2025-02-22 04:31:21