Introducing a unique investment opportunity that combines the tranquility of rural living with the promise of future prosperity. Spread across three titles and totaling 13.97 hectares (more or less), this lifestyle property is a testament to both current appeal and future potential, nestled within the flourishing landscapes of Maungatapere.
An architecturally designed, four-bedroom, four-bathroom home is the centerpiece. The thoughtful layout allows our vendors to BnB one wing of the home, providing passive income. The house would perfectly suit an extended family situation, while building on one of the other two bare titles.
Avocado orchards are renowned for their long-term value, and with the industry poised for rebound and growth, the timing could not be better to secure a stake in this lucrative venture. Furthermore, this is an award-winning orchard with a proven rootstock unique to the area.
Owning this property means securing a foothold in a suburb poised for growth. Maungatapere, with its historic stone walls and fast-growing number of relocating young families is where everybody wants to be. There is even scope to diversify into other crops, with bananas being an emergent favourite in the area.
There is also future flexibility for residential development, enhancing the property’s investment appeal. In essence, at 485 Mangakahia Road tranquil life meets a tangible opportunity for growth, making it an ideal choice for those looking to cultivate a future in one of New Zealand’s most promising regions.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 1.43 km | 3 | 2 | 183m2 | 2024年05月07日 | $950,000 | Council approved | |
 | 0.29 km | 3 | 2 | 138m2 | 2024年04月30日 | $775,000 | Council approved | |
 | 1.00 km | 4 | 2 | 180m2 | 2024年04月15日 | $1,190,000 | Council approved | |
 | 2.39 km | 3 | 1 | 170m2 | 2023年12月11日 | $730,000 | Council approved | |
 | 1.34 km | 5 | 2 | 182m2 | 2023年12月06日 | $810,000 | Council approved |