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720 State Highway 33, Paengaroa, Western Bay Of Plenty

Name: Open Home - 10:30am - 11:30am
Start: 2026-03-02T21:30:00.000Z
End: 2026-03-02T22:30:00.000Z
Location: 720 State Highway 33

Set Sale

6

2

3

120.67ha

120ha with Grazing, Forestry & Kiwifruit Potential!!

Please join us at our upcoming open days as follows:

Friday 27th Feb from 11am to 12pm

Tuesday 3rd March from 10:30am to 11:30am

(Alternatively please contact Clark to arrange a private viewing)

Here is a rare chance to secure a 120.67ha diversified Bay of Plenty property in the heart of prime production country, handy to Paengaroa. Offering scale, flexibility and genuine future upside, this is a compelling mix of grazing, forestry and horticulture potential.

A key highlight is the development opportunity: approximately 30ha + of plantable land with free draining soils, positioned amongst some of the finest kiwifruit orchards in the country. Given the altitude of the plantable land is predominantly 40-80 metres above sea level, it could be the perfect proposition to explore a large scale kiwifruit venture or future land banking options, over & above it's current land use!

The balance of the farm includes around 35ha of grazing, 3.22ha in avocados (continue or assess for conversion), and approximately 50ha of Radiata pine trees planted in 2020.

A five bedroom home plus office completes the package, well located with coastal views - ideal as a family base or strong rental option.

Key features:

- 120.67ha total area

- Approx 30ha + of plantable land with horticulture potential

- Approx 35ha fully fenced grazing with troughs

- 3.22ha avocados - could also be converted over to more lucrative kiwifruit cultivars

- Approx 50ha Radiata pine trees (planted 2020) - have been pruned & thinned

- Water source is from a spring with 30k litre storage

- 5 bedroom home + office with expansive elevated rural & coastal outlook

- Potential for future subdivision (subject to council approval)

- Close to Paengaroa township & schooling

To be sold by Deadline on Thursday 2nd April, 2026 at 11am (Unless Sold Prior).

For the full information pack or to arrange an inspection, please contact Clark Mazey.

Property Files: https://www.propertyfiles.co.nz/720StateHighway33

Additional details

Type

Forestry

Property ID

RX4931294

Listed on

26/02/2026

Updated

yesterday

Open Homes1

Tue, 3 Mar

10:30AM - 11:30AM

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

Property data

Type of title

Freehold

Floor area

288m²

Land area

120.67ha

Decade of Built

1950s

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Paengaroa, Western Bay Of Plenty

Paengaroa is a suburb which lies within the Territorial Authority of Bay Of Plenty, one of 40 residential suburbs which form the wider region. Paengaroa is the 12nd largest suburb of Bay Of Plenty in terms of the total number of residential housing stock. Paengaroa provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1900 - 1909. The majority of the residential housing stock in the locality was constructed between 1970 - 1979. Residential housing stock in Paengaroa is made up of approximately 47% residential housing , 2% residential investment housing and 51% lifestyle properties.

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