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176 Kaiate Falls Road, Papamoa, Western Bay Of Plenty, Bay of Plenty, 3 Bedrooms, 1 Bathrooms, Grazing

Enquiries Over $1.6M

176 Kaiate Falls Road, Papamoa, Western Bay Of Plenty, Bay of Plenty

3
1
765438m2
GrazingListed on Tue Sep 12

Papamoa For Sale - Offers Over $1.6M

Now includes a small parcel of land (1.6490 ha) with an extra title.

Benefits:

• Two titles provide many exciting options for the incoming buyer

• A second major dwelling can be constructed on the land

• Future boundary adjustment offers future opportunities

This perfectly located farm sits on the upper Papamoa Hills, bordering the upper Papamoa Range.

For those who enjoy the outdoors; the nearby Summerhill golf course, Kaiate Falls and walking tracks including the Otawa Trig walk are sure to please. This central location provides easy access to the beaches, schools and amenities in Mount Maunganui, Tauranga and Welcome Bay.

• 76.5439 hectares total area

• Grazing land (currently leased)

• Forestry, streams and bush

• Three-bedroom Keith Hay Home

• Implement sheds, woolshed and barns

• Split into approximately 25 paddocks

• 7ha large pine trees, 1ha Lusitanica trees (more or less)

• Extensive areas of Riparian plantings

• Opportunity for future diversification

• Access off Kaiate Falls Rd or Upper Papamoa Hills Rd

• RV $2,733,000 (2 titles)

There is easy access around most of the property via a well-maintained track.

The land is well grazed and reflects good past farm management.

The property is fenced with conventional post and batten and internally with an electric unit.

The property is currently leased until March 2024 to a local farmer and grazing dry stock and young dairy replacement stock.

Access to the house is along a well-formed drive. While at first glance the home may appear modest there is ample room to put your own stamp on the home and space for the family to enjoy. The open plan dining and lounge flow out to a sunny deck. There are two double bedrooms, a single bedroom, laundry and bathroom with separate toilet.

The opportunities within this attractive farm are many.

Our vendor is extremely motivated to sell. Viewing by appointment.

Ring, text or email to receive the full information memorandum.

Offers over $1.6M Plus GST (if any)

Location

Council Data

Last update : 2024 06 12
Improvement value$350,000Increased by 9% from year 2019
Land value$1,760,000Increased by 43% from year 2019
CV(Year 2022 Month 09)$2,110,000Increased by 36% from year 2019
Land area748949m²
Floor area113m²
Decade of construction1980
TitleSA61D/60
Type of titleFreehold
Legal descriptionLOT 3 DEPOSITED PLAN SOUTH AUCKLAND 77705 AND SECTION 27 BLOCK I MAKETU SURVEY DISTRICT
CouncilBay Of Plenty
Estate descriptionFSIM,1/1,LOT 3 DEPOSITED PLAN SOUTH AUCKLAND 77705 AND SECTION 27 BLOCK I MAKETU SURVEY DISTRICT
ConstructionExternal Walls: Fibrous Cement Roof: Iron
ConditionExternal Walls: Average Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Welcome Bay School
5.83 km
小學
1-6
公立學校
男女混校
EQI: 485
4
Tauranga Intermediate
9.74 km
中學
7-8
公立學校
男女混校
EQI: 474
5
Tauranga Boys' College
10.36 km
中學
9-15
公立學校
男子學校
EQI: 453
6
Tauranga Girls' College
10.55 km
中學
9-15
公立學校
女子學校
EQI: 465
6

Property history

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For developers

Unitary plan:-
Land:765438m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Floor area
Sold date
Sold
Data source
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2
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$1,475,000
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Ref:TEP38282Last update:2024-04-09 16:13:10