Baker Timber Supplies is placing the 2.5ha property at 27-31 Waterford Rd and 4b Major St on the market. Photo / Supplied
A 2.5-hectare site that has been in the same family for generations is being sold for the first time in 50 years.
Baker Timber Supplies Limited and Glenville Properties Katikati Limited are placing the property at 27-31 Waterford Rd and 4b Major St on the market as a combined blockincluding a Katikati timber processing/treatment plant and former sawmill.
The main site operates as a timber processing and treatment plant owned by Baker Timber Supplies Limited.
Also for sale is the adjoining two-bedroom house on a cross lease title of 1011 sq m and another three-bedroom house on 1012 sq m of land. The third site is bare land of 1899 sq m.
Tom Rodewald was appointed as director of Baker Timber Supplies Limited in May 2020 to help shareholders maximise the business and property's value with the intention to sell.
The property has been in the Baker family for about 60 years and officially went on to the market this month.
Rodewald said they had been approached by "a number of" interested parties before advertising the sale.
"Since the property has been advertised for sale inquiries have been received throughout the North Island from developers and parties that are interested in operating from the site on a commercial basis."
While he said the current market would determine the sale price, the site had huge potential.
"There is little industrial land available in the Bay of Plenty so we are expecting a large interest from developers or anyone looking for a large block of land for a commercial operation."
Rodewald said the mill no longer operated but the timber processing and manufacturing operations and treatment plant had continued and three staff remained onsite.
"Over 60 years it is believed over 100 staff have been employed with at least 30 onsite during the company's peak operations."
At its peak, Baker Timber Supplies manufactured more than one million kiwifruit packing trays a year and supplied thousands of poles for kiwifruit orchards across the region.