Investor alert! Claiming the perfect situation - literally in the heart of downtown Mount Maunganui and boasting big views of the Mount - is this property that is screaming with potential. Zoned for high density housing, make the most of the site by bowling it and building multiple dwellings. Alternatively, the property could be a great land bank site whilst offering a healthy holding income - just give it some love and rent out. With three independent spaces, there is the potential for three rental streams all under one roof. And sitting a block behind the popular shops and restaurants of the Mount make it a popular choice for those who love living within the hustle and bustle. To relax, Mount Drury, the popular surf beach, Pilot Bay and Mount are also mere moments away.
Capital Valuation Date:
$4,582 approx per annum
Fibre Cement Painted
272 square metres (approx)
125 square metres (approx)
Fixed Floor Coverings, Blinds, Curtains, Light Fittings, Dishwasher, Electric Hob, Under Bench Oven, Waste Disposal Unit.
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.