124 East Bank Road WHAKATANE, Whakatane District

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. The primary school is located 500 metres up the road.

The large living area of the house looks out on stunning park like grounds. 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. Approx. 120 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.

As a sideline the current owners have operated the residence as a hobby Bed & Breakfast which has been popular with overseas guests and has the potential to market and expand further.

The 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. The owners instructions are clear: Present All OFFERS!

Price $790,000 plus GST (if any)