55A Paterson Street Mt Maunganui, Tauranga City

It may be a cliche heading, but this is no cliche opportunity!

Calling all builders, developers and property entrepreneurs with an eye for the future and realisation of possibilities. With potential changes to the zoning rules around build density and height restrictions effecting land in the surrounding area, high quality apartment and townhouse developments are bringing a new buzz of excitement to Arataki, Mount Maunganui.

Package this with sought-after close proximity to the beach and you've got a recipe for a truly exceptional property bounty.

The Land
• 620 sqm (more or less) freehold title
• Reasonably flat, running approx. north/NE - south/SW, street front site with wide road access
• Land RV (2021) $935,000
• Less than 250m by foot from gate to beach via access pathways (approx.)
• Location: 250m(approx.) direct line to beach high water mark, 500m(approx.) to Bayfair Shopping Centre, close proximity to local cafes, shops and amenities

The House
• 1965 (approx.) 106 sqm (more or less) four bedroom, one bathroom bungalow
• Separate double garage + Covered parking and Deck
• Alterations to Bathroom, Kitchen, Lounge plus addition of Deck with Canopy consented in 2006
• Native timber flooring
• Current LIM Report available
• Note: A Builder's Report will not be supplied by the vendor or the vendors agent. Interested parties are advised to undertake their personal due diligence in respect to any buildings on the land.

Brave DIY'ers looking for a project may take up the challenge to restore this much-treasured, multi-generation-owned family home. Others will see value and potential in the bare land.
Whatever your lane, you'll be on the pathway to an exciting beach community, property adventure!