A rare opportunity is now available, offered for the first time since 1974. Revive the once successful and highly profitable cymbidium export operation or explore obtaining consent for residential development. With housing demand steadily increasing across the South Auckland corridor, this dual-title property presents commercial growers, developers and landbank investors with a truly rare chance to secure a premium asset in one of New Zealand's fastest-growing regions.
FEATURES:
- 300m2 main dwelling
- 108m2 4 bedroom cottage-renting @ $550 weekly
- 36m2 1 bedroom studio-renting @ $250 weekly
- 1,100m2 packing shed, workshop & office
- 8,500m2 shade/green houses including growing benches, concrete access paths & irrigation
- 83m2 boiler house with a 130m3 capacity gas fired hot water boiler for climate control heating of green houses
- Agcon Fertilisation Controller
- 7,200m3 capacity fully lined irrigation pond
- 30,00 plus cymbidium plants currently in production
- Approximately 2,000 Pohutukawa trees 3-4 metres high selling for between $150 & $250 each
- Meets the requirements of the Overseas Investment Office for migrant investors to acquire an Active Investor Plus Visa & purchase residential land
Investing in Drury offers high-growth potential as it transforms into a major Auckland metropolitan hub, projected to house over 60,000 residents and create 12,000+ jobs within 30 years. Driven by billions in infrastructure investment, including transport upgrades and a new town centre, it offers high-growth potential (forecasted 8%+ annually) for residential, industrial and commercial investment.
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property GURU, Auckland Council (LIM) or Title documents. They have not been measured by the Salesperson or LJ Hooker - TNB Property Services Limited . We recommend you seek your own independent legal advice.
