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For sale

80 Orere-matingarahi Road,
Orere Point, Manukau City

6.23ha land size
Lifestyle Section

Price by Negotiation

Property details

Must Sell | Income Day 1 OR 8%+ Potential Yield

CONDITIONAL MARKET NOW WELCOM -MUST SELL - PRESENT ALL OFFERS

- GST INCLUSIVE
- Over 7,000sqm of glasshouses and greenhouses
- Currently owner operated and operational
- Vacant possession available - opportunity to generate income from day one
- Potential 8%+ rental yield
- Vendors are happy to assist with handover

Set across approximately 6.23 hectares of freehold land, 80 Orere-Matingarahi Road presents a rare combination of established horticultural infrastructure, income potential, substantial landholding and future lifestyle opportunity.

The property provides approximately 7,481sqm of improvements, including extensive glasshouses and greenhouses, packhouse facilities and supporting infrastructure.

For owner-operators, the property is already operational, allowing an incoming purchaser to take over an established horticultural setup without starting from scratch. The vendors are also prepared to assist with the transition and handover.

For investors, the property offers the opportunity to lease out the established horticultural facilities. For qualifying GST-registered purchasers, the GST treatment of the acquisition may enhance the effective return, with the potential to achieve an 8%+ gross yield depending on purchase price and purchaser circumstances. Independent GST and tax advice is recommended.

For buyers looking longer term, the approximately 6.23 hectare freehold holding also provides genuine landbank and lifestyle appeal. There is identified additional land that could potentially be used for expansion of the horticultural operation or construction of a residence, subject to all necessary approvals.

Whether your plan is to invest, operate, landbank or build a future home, this property offers multiple options from one substantial holding.

GST Inclusive.

Must Sell. Present All Offers.


Disclaimer - This property is being sold by auction and therefore, a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.

Inspections

Explore the area

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School catchments

  • Orere School Full primary Years 1-8 State 0.93km
  • Kaiaua School Full primary Years 1-8 State 14.2km
  • Clevedon School Full primary Years 1-8 State 17.4km
  • Hunua School Full primary Years 1-8 State 17.8km
  • Paparimu School Full primary Years 1-8 State 20.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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