Barfoot & Thompson Commercial and Property Brokers are pleased to present this exciting retirement village opportunity to the market. The property comprises 17.28 hectares of land situated in Putaruru adjacent to the golf course, with resource consents granted in in March 2023 for a 210-unit retirement village to be marketed as Springwater Country Estate. This is designed to be a high-quality comprehensive village with an option on adjacent land to provide for up to 500 units in total. The development is planned in five stages with initial earthworks for 25 units in stage 1 underway. The market research report rated this location 8/10 based on demographics, latent demand, and lack of competition. Putaruru benefits from its central location in close proximity to Hamilton, Tauranga, and Rotorua. Due to a change of circumstances the property is reluctantly offered for sale. Take advantage of all the hard work done to date in this high growth demand sector in an affordable North Island location. Key features: • 17.28 hectares adjacent to golf course • Resource consent granted for 210-unit retirement village • Earthworks are underway • High quality development - Springwater Country Estate • Take advantage of the hard work to date • High growth demand sector • Affordable central North Island location For further information, please contact the listing agents John Stringer at j.stringer@barfoot.co.nz or on 021 758 078, and Alan Copeman at alan.copeman@pb.co.nz or on 021 874 222

By Negotiation

• 1.6256ha (more or less) • High profile SH1 location • Vacant possession This impressive site located on State Highway 1 in Putaruru is the perfect opportunity for those seeking a prime location for their business or explore the development opportunities. Offers under the benchmark price of $330,000 inclusive of GST (if any) as previously offered to Raukawa and CNI Iwi Holdings Limited will not be considered by the vendor. Contact us today to arrange a viewing and to explore the opportunities for your business.

$330,000

• 200m2 retail space • 247m2 site with rear service lane access • New 5-year lease from May 2024 • Rental income $17,000 per annum + GST & outgoings Located in the heart of the Putaruru CBD, this well-positioned commercial property offers a secure and hassle-free investment opportunity. With a long-term tenant already in place, this is your chance to secure a low-maintenance asset with an excellent return on your investment. Call today for more information.

Auction 01 May 2025