Powers Realty Tauranga
Real Estate Agents
- Listing #:
- RX4273302
- Listed:
- 87 days ago
$1,850,000
Lifestyle, Income, Freedom
1164 No 3 Road, Te Puke, Bay Of PlentyHorticulture
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- 3 Bedrooms
-
- 1 Bathroom
-
- 1 Living Room
-
- 1 Covered Car Park
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- 3.2 Hectares Land Area
About this property
THE FREEDOM:Ever wanted to tell your boss where to stick it? Or maybe you're just sick and tired of the hustle and bustle of city life and have a yearning for change?
1164 No. 3 Road, Te Puke might be the answer you never saw coming. For years financial advisors have pushed the 'diversified portfolio' to help us manage risk. The catch cry of “don't put all your eggs in one basket” is one that we've had ingrained in us as a time proven strategy to survive the challenges of life.
This unique property offers its new owners the opportunity to escape the rat race and take control of their destiny. The current numbers already speak for themselves, however there's still huge potential to add to, or maximise, the diverse proven income streams that have been created.
THE INCOME:
- Tidy 3 bedroom home - currently rented at $650 per week
- 1.08can/ha (more or less) of healthy established Hayward (Green) Kiwifruit - produced approx 9,000 trays in 2024 season with expected gross income of approx $68,000
- 3000sqm (more or less) of plastic housing - lease in place till Jan 2027 returning $27,600 pa including GST, of passive income
- Glamping pod business - high occupancy despite recent recessionary challenges. The last year's accommodation revenue was $38,255 excluding GST with room to grow.
THE LIFESTYLE:
Located only 10 minutes drive from the Te Puke township or 20 minutes from Papamoa with its fantastic shopping and stunning local beaches. So close, yet here on the doorstep of the beautiful Otanewainuku Reserve, time seems to move at a different pace. A place where you can enjoy day hikes, hunting or just observe the native birds and other forest wildlife literally at your doorstep.
Opportunities like this, where you get to live the dream yet still reap the rewards, don't come along often, so get in touch with Colin or Justine today to find out how you can make this reality part of your future.
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