Aerial · LINZ aerial
Lots
Title boundary · 47,374 m² · LINZ
Unclaimed

2233 State Highway 29, Lower Kaimai

Western Bay of Plenty District

Enquiries Over $900,000

  • 3
  • 1
  • 1
  • 4.73 ha
  • Lifestyle
  • 1 Carport

A Little Piece of Paradise

Where Family, Nature & Opportunity Meet

2233 State Highway 29 | 4.72 Hectares

There's something rather special about this property. Perhaps it's the charm of the old villa, the sound of running water through the native bush, or simply the feeling of having your very own piece of New Zealand's native bush to call home.

Set amongst 4.72 hectares of beautiful established native bush, natural springs and winding waterways, this is a property that offers a lifestyle many dream about, but few get the opportunity to enjoy.

At its heart sits a delightful original three-bedroom villa, complete with traditional bay windows and all the character you would expect from a home of its era. She's a little tired in places and would certainly welcome someone to bring her back to the future, but that's part of the appeal. The bones are there, the charm is undeniable, and the opportunity to bring this lovely old home back to life is something quite special. And while the home is in original condition, it does offer insulation in the ceiling and underfloor, and with an existing firebox plus the potential to reinstate the original open fireplace, it has all the makings of a wonderfully warm and cosy home through winter.

A Childhood the Way It Used to Be

Imagine raising your children somewhere they can spend their afternoons exploring bush tracks, discovering natural springs, swimming in their own waterholes and enjoying the simple pleasures of country living.

There's room for a few chickens, a vegetable garden, family pets and plenty of outdoor adventures. The property is extensively tracked, with pathways winding through magnificent native bush, alongside streams and waterways, and connecting with an old historic coach road.

Remnants of the area's early transport history can still be discovered, while the presence of glowworms adds another little touch of magic to this already remarkable setting.

It's the sort of place where muddy boots, homemade adventures and memories made outdoors become part of everyday family life.

And while you'll feel a world away from the hustle and bustle, you're still within reach of schooling, shops and the wider Bay of Plenty.

A Workshop That Could Change the Way You Work

Now, here's something that really sets this property apart.

Alongside the home sits a substantial, fully powered workshop, currently used by the owner, a skilled cabinetmaker, for manufacturing bespoke kitchens, cabinetry and furniture.

With a concrete floor, weatherproof construction, electricity and a built-in compressed-air system, this is far more than your average rural shed.

For a builder, carpenter, cabinetmaker, tradesperson or someone looking to establish or expand a home-based business, the possibilities are considerable.

And there's another opportunity worth exploring.

With the current owners making the move into retirement village living, much of the extensive woodworking machinery, tools and manufacturing equipment may no longer be required. Subject to negotiation and an acceptable purchase price, a substantial amount of this equipment could potentially remain with the property.

For the right purchaser, this could present a rare opportunity to secure not only a wonderful family lifestyle property but also an extensively equipped workshop, potentially saving considerable time and expense in establishing their own operation.

Naturally Beautiful, Wonderfully Simple

The property enjoys its own natural spring-fed water supply, with gravity-fed water to the home, while the established driveway and extensive internal tracks make accessing and exploring the land a pleasure.

There's something wonderfully appealing about the simplicity of life here. The old villa, the workshop, the native bush, the running water and the freedom to enjoy your own surroundings.

This isn't a property trying to be something it's not. It's an honest, character-filled country home with enormous heart, natural beauty and potential.

Whether you're a young family wanting to give your children a different upbringing, a tradesperson dreaming of working closer to home, or simply someone who appreciates the charm of an old villa surrounded by nature, 2233 State Highway 29 is a property that deserves to be explored.

Come and wander the tracks, listen to the water, take a look through the workshop and imagine what life here could look like.

You might just find it's exactly what you've been looking for. Proudly presented by Sadie and Conrad – Bower Real Estate.

Property Files: https://new.propertyfiles.co.nz/listing/515

Open homes 1

Sun, 8 Nov11:00 am – 12:00 pm
.ics
Rent estimate · 26 Oct 2026
$630 – $840/week
Most likely about $725 a week · Little evidence: a rough guide
Estimated rental yield
4.1%
What is rental yield?

Gross rental yield is a year’s rent as a share of what the property is worth: $725 × 52 weeks = $37,700, against our estimate of $912,000. It is before rates, insurance, maintenance, management and vacancies, so what an owner keeps (the net yield) is lower.

How we worked this out
EvidencePoints toCounted
From its value what rentals in the area typically yield$726100%

We read this property as a house with 4 bedrooms. Rentals advertised nearby count most when they are close, recent and alike; the more of them there are, the less the area’s bond figures count. Bond figures are rents agreed in new tenancies, from Tenancy Services, placed within the area by how this property’s council valuation compares with similar homes there.

These are computer-generated guides only, not a rental appraisal.

My notes
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What it costs to live here

Home expense estimates

—a month, all in

Estimates from the floor area and typical New Zealand prices, not quotes. Power, gas and internet details from the Electricity Authority and Gas Industry Co registries and Chorus.

Investor insights

2233 State Highway 29 as a rental

Rent estimate$725/wk$630–$840 · Little evidence
Gross yield4.1%$37,700 a year on $910k
Net yield3.4%After $6,670 of costs
Cash flow−$138/wk30% deposit, interest only at 6.00%
Line
Price Council valuation
Deposit
Interest rate
Rent a week our estimate $725
Property manager
Rent, 52 weeks$37,700
Empty between tenants 2 weeks
Property management 9.2% incl. GST
Maintenance 5% of rent
Council rates this year
Landlord insurance the building
Net income before interest$31,030
Interest $637,000 at 6.00%, interest only−$38,220
Cash flow before tax−$7,190
Cash flow a week−$138
Gross / net yield on the price4.1% / 3.4%
Return on equity cash flow on the deposit, before tax−2.6%
Loses money above this interest rate, before tax4.87%
Type over any figure, add your own lines, or add a scenario to compare.

The rent covers the interest at rates up to 4.87%. That is -2.6% a year on a $273k deposit. A guide before tax and capital growth, from our estimates; not financial advice.

Property data

  • Floor area161 m²
  • Land area4.73 ha
  • Decade built1930s
  • Bedrooms4
  • Bathrooms2
  • Property categoryUse not published
  • CouncilWestern Bay of Plenty District
  • Valuation #6871-3000
  • Valuation date1 Aug 2025

From the council’s rating records and the other sources noted on hover. Bedrooms and bathrooms may come from a past listing. Built is the decade the valuer records.

  • Title numberSA27A/622
  • Title typeFreehold
  • Legal descriptionSection 32 Block V Opoutihi Survey District and Lot 1 Deposited Plan South Auckland 16535
Registered instrumentsChecking the register… See the title summary →

Owner names and the parties to each instrument are not published on this page. Order the record of title to see them.

Getting around

Another agency selling this property too, or is it for rent? Import that listing and it shows beside this one.

Building consents

We hold no building consents for this property yet. The council may hold records we have not seen.

Unclaimed
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Zoning and hazards

What the council's published maps say about this land. A map is a model of a storm, not a record of one: a LIM or a flood report says more.

Reading the council's maps…

What could you build here?

See whether a granny flat fits beside the house: the Building Act exemption, the national granny flat rules and the zone’s own. Then ask builders to price the shape you pick.

About Lower Kaimai

Western Bay of Plenty District
338
Properties on the rating roll
1 Aug 2025
Last council revaluation

Counts describe the records we hold for this territorial authority, not a market forecast. OwnBetter has no estimate for this property. Every council figure on this page can be checked against the council's own record.

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