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229 Rototaha Road, Lake Matahina, Whakatane, Bay of Plenty, 1 Bedrooms, 1 Bathrooms, Grazing

Tender29/01, Wednesday 16:00

229 Rototaha Road, Lake Matahina, Whakatane, Bay of Plenty

1
1
2602027m2
GrazingListed on Wed Nov 27

Te Teko 260ha Grazing and Quarry on Lake Edge

Bounding Lake Matahina to the west and the Omataroa Forest to the east, 229 Rototaha Road is a grazing development property converted from forestry with approximately 180 hectares of flat to easy pasture of which approximately 35 hectares is mowable with the balance of the land consisting of eucalyptus forestry stands, native bush and scrub.

An area of approximately 42 hectares has reverted to scrub with self-seeding wilding pines. This area has been intensively sprayed out and the trees, blackberry and scrub is dying back with a good strike rate.

Improvements within the property consist of a grazing area subdivided into approximately 23 - 25 paddocks with a combination of conventional and electric fencing, a water supply for livestock and domestic purposes, 300sqm galvanized steel stock yards in part with a concrete base and load out ramp, a three-stand shearing shed with PTO drive to operate hand pieces. A multi bay half round shed joined to a pitched roof implement/storage shed, a large hay barn, a 260sqm 3.6m stud recently built workshop (permitted) with self-contained living unit built within (not permitted), and two additional standalone dwellings. Neither dwelling is consented or permitted. The house in the center of the farm is comfortably appointed with a large, sheltered north facing outdoor area.

Within the property is a working rock quarry with the resource consent held by another entity outside of the farming company with the resource consent expiring on the 31st August 2027.

Access to the property is off Rototaha Road which falls under the control of the Whakatane District Council.

A most unique property that will attract you for the scale, easy typography, lakeside location and the opportunity it represents.

Call Phil now to send an Information memorandum and secure a time to view.

For sale by Tender (Unless sold prior)

Plus GST (if any)

Location

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Council Data

Last update : 2025 01 22
Improvement value$350,000Increased by 66% from year 2019
Land value$2,150,000Increased by 82% from year 2019
CV(Year 2022 Month 09)$2,500,000Increased by 79% from year 2019
Land area2602028m²
Floor area500m²
TitleSA25D/1194
Type of titleFreehold
Legal descriptionPT SEC 1 BLK III RANGITAIKI LOWER SD
CouncilWhakatane
Estate descriptionFSIM,1/1,PART SECTION 1 BLOCK III RANGITAIKI LOWER SURVEY DISTRICT
ConstructionExternal Walls: Unknown
Roof: Unknown
ConditionExternal Walls: Unknown
Roof: Unknown

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Mahoe School
2.16 km
Primary
1-8
Government
Co-Educational
EQI: 555
1

Property history

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Neighborhood and Surrounding Data

Mortgage

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Ref:WHK40471Last update:2024-11-28 12:01:00