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988 Otaika Valley Road, Maungatapere, Whangarei, Northland, 4 Bedrooms, 1 Bathrooms, Lifestyle Property

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988 Otaika Valley Road, Maungatapere, Whangarei, Northland

4
1
1
6500m2
Lifestyle PropertyListed on Wed Jan 31
Open Home
$4,961/Monthly repayments
Based on estimate value
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Maungatapere 4 Bedroom Smart Investment: Double Income, Dual Rewards!

The property is available for sale. Contact Rae Ocean to schedule your viewing.

Welcome to 988 Otaika Valley Road, where the charm of the past meets today's agricultural opportunity, blending a renovated residence with a flourishing organic gold kiwifruit orchard.

This estate stands as a lucrative financial sanctuary, with the currently tenanted cottage generating $680 weekly. Meanwhile, the orchard boasts a projected annual return of $104,000. Dive into the comprehensive property file for an in-depth look at the investment potential.

The Cottage: It features four generously sized bedrooms, a spacious lounge, and an open kitchen and dining area that's been brought to life in soothing neutral tones. The renovation has respected the home's original high ceilings and layout. Additionally, the roof has been recently replaced, ensuring the blend of old-world charm with modern reliability.

The Orchard: Embrace the chance to manage a thriving turn-key organic kiwifruit operation. With a compact yet profitable scale, it's ideal for those stepping into orcharding or looking to expand. Benefit from the accumulated wisdom of the Crums', boasting 50 years in the kiwifruit industry, for a smooth handover. Or, choose the Total Orchard Management path for a hands-off income stream.

The Land: Across 6500sqm of level ground, this property presents fertile options for further horticultural development, positioned centrally in Maungatapere. It's a strategic slice of land offering growth and prosperity.

Situated within a supportive community, close to quality schooling and with seamless access to Whangarei, 988 Otaika Valley Road stands as a testament to a life well-lived and invested. With the current owner moving to the South Island, this is your chance to step into a self-sustaining lifestyle that's as rewarding financially as it is personally.

Location

Estimate update: 2024 05Data Disclaimer
Low$810,000
Mid$835,000
High$860,000

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Maungatapere School
0.32 km
Primary
1-8
Government
Co-Educational
EQI: 430
9

Property history

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For developers

Unitary plan:-
Land:6500m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
11 Thomas Elmsley Way
9.71 km
3
2
183m2
Year 2024 Month 05 Day 07
$950,000
Council approved
33A Mangakahia Road
9.78 km
3
2
138m2
Year 2024 Month 04 Day 30
$775,000
Council approved
449 Cemetery Road
3.00 km
5
3
342m2
Year 2024 Month 02 Day 19
$1,250,000
Council approved
24 Newton Road
2.24 km
3
1
170m2
Year 2023 Month 12 Day 11
$730,000
Council approved
2 Kokopu Block Road
3.01 km
5
2
182m2
Year 2023 Month 12 Day 06
$810,000
Council approved

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Ref:WHC34377Last update:2024-04-15 09:15:35