Rural
More from realestate.co.nz:
Agents News

366 State Highway 33, Paengaroa, Western Bay Of Plenty

Kiwifruit Industry investment opportunity

Unspecified
dollar

Tender

Bedroom
3
Bathroom
2
Floor area
331m2
Land area
1.31ha
Title type
Freehold
Garage
2
On this page:

Tender

Thursday
4:00pm
24
Sep

Property details

Listing # 2505915 | Listed on 20 August

A truly unique investment and lifestyle opportunity in the heart of the Bay of Plenty exists at 366 State Highway 33.

Originally part of a larger kiwifruit growing and post-harvest operation, this versatile property now offers a rare combination of residential living, potential commercial income, accommodation facilities, and extensive infrastructure; All set on 1.3 hectares (more or less)

Positioned on State Highway 33, between Te Puke and Rotorua, the property enjoys excellent accessibility and connectivity to some of the region's most important horticultural and industrial hubs. This strategic location provides easy access to major transport routes, while remaining within close proximity to local services and amenities.

There is a substantial 331sqm (more or less) residence, offering spacious family living and the flexibility to accommodate extended family, staff accommodation, or the potential for additional rental income. Complemented by extensive shedding, canopy coverage, generous yard areas, and established grounds.

One of the property's standout features is the former packhouse, which has been successfully converted into a compliant 40-bed accommodation facility. Currently leased to Apata, this purpose-built operation provides a strong and established income stream while meeting the increasing demand for workforce accommodation within the Bay of Plenty horticultural sector.

Adding further value is the existing coolstore facility, currently leased to EastPack and utilised for Class II kiwifruit storage. The balance of the property provides shedding and storage areas, large sealed and unsealed yard spaces, and canopy-covered work areas.

Properties offering multiple diversified income streams are becoming increasingly difficult to find. Whether you're an investor seeking a strong holding income, a business owner looking for a well-located operational base, or a purchaser wanting a property with flexibility and future potential, 366 State Highway 33 presents an opportunity worthy of serious consideration.

Tender (unless sold prior). All measurements and distances are approximate. To be sold Plus GST (if any).

Your notes
Add notes for your personal reference. This can only be seen by you.

Schools and childcare in the area

Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.