Riverside Lifestyle & Income Opportunity

Situated riverside on the Rangataiki River this English character style 5 bedroom residence was built in the 1990's and is located in the sunny BOP, 10 minutes from the centre of Whakatane and airport, and less than an hour from popular tourist, outdoor adventure and shopping destinations Rotorua and Tauranga.

Thornton beach and boat ramp are a 2 minute drive away and there is also a jetty on the property for a boat.Thornton Primary school is located 500 metres up the road.

The large living area of the house looks out on stunning park like grounds with over 5 acres of mature exotic trees. The spacious entertaining areas extend to the outdoors with sheltered courtyards and the homestead style kitchen with solid oak cabinetry and rimu floor also has a tranquil outlook, plenty of workspace and lots of storage.

The water is solar heated and there are 4 heat pumps for your summer and winter comfort.

There are 5 tunnel houses on the property, 3 of which are irrigated (700 plant drippers) ready for immediate container plantings of fruit, vegetables or flowers for an immediate cash crop for the astute buyer. The fig orchard of 350 trees is now completely developed and the 5 year old trees fully mature for commercial cropping. Over 150 pomegranate trees are now reaching maturity for additional income.

In addition to generous 4 car garaging there is a large lockable implement shed; perfect to home the tractors and boat and other storage sheds.

As a sideline the current owners also operate the residence as a hobby Bed & Breakfast that is popular with overseas guests and has potential to market and expand.

Vendors are putting into place new plans for their future and demand a sale. This is an opportunity to take over and expand on the different income avenues fully set up for immediate returns.
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