Katikati harbourside property poised for idyllic development
March 2024

Katikati harbourside property poised for idyllic development

A 58 hectare harbourside property five kilometres south of Katikati is for sale.

Presenting a new owner with the opportunity to create a waterfront village surrounded by luscious verdant groves, a new gem in the Bay of Plenty crown.

Andrew Fowler of PGG Wrightson Real Estate, Tauranga is marketing the property, which has a varied farming history.

“Previously a family dairy property, currently running mainly as a drystock pastoral farm, it is free draining, fertile land that would suit horticulture, plus some lower lying summer safe tracts of pasture that would grow great maize crops or could be ecologically enhanced with flooding,  boardwalks and planting. 

“Highly productive and well managed 40 year old avocados show its capacity to support other crops, and anyone seeking to pursue the potential of Ruby Red kiwifruit will find this property ideal. Its warm, sheltered sea level microclimate offers all the conditions necessary to support that recently established variety, and have fruit ready for harvest before the main pick G3 crop, therefore available to send in time for the lucrative Japanese Golden Week festival. Orchard gate returns for Ruby Red kiwifruit appear promising and licenses to grow it are not yet too difficult or expensive to come by,” he says.

PE Aut 24 - Blog Andrew Fowler - overview sea

Alongside the productive potential of the property, Andrew Fowler says the waterfront offers strong prospects for development.

“Subdivision would enable establishment of a small settlement of desirable dwellings with riparian rights along a beautiful beach suitable to launch a boat from. Although zoned rural, there is precedent to create a waterfront village here, possibly even with cafes and boutique accommodation. A cycleway under construction will ultimately run nearby, connecting Waihi to Tauranga City, also enhancing the amenity of any residential development situated here.

“Proximity to Fairview Golf Course and a nearby council reserve with a beautiful wetland and streams, adds further appeal to what this property could become,” he says.

With some subdivision already undertaken, the property is for sale in four separate blocks under five titles.

PE Aut 24 - Blog Andrew Fowler - overview house

“After investigating the full potential of the land and dependent on securing planning permission, in the right hands, with a strong vision and following full due diligence, this could become a highly sought after opportunity of the sort that would support a series of legacy lifestyle properties.

“Imagination is the only constraint,” says Andrew Fowler.

Explore similar articles in our most recent edition of the Property Express.

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