Renovate, develop or landbank!
This property is an exceptional opportunity to renovate or develop into a townhouse complex in a prime location. With adjacent properties along the street also for sale, the option for an extensive development is very real.
The original brick house was extended at some stage resulting in a four bedroom, two bathroom, two living home, structurally solid but which could now benefit from some tender love and care. Tidy as it is, a renovator with vision could create something special here. Currently tenanted and centered on a generous, flat 1015sqm (more or less) section with off street parking, another option is to landbank with holding income.
With the iconic beaches, cafes and attractions of popular Mt Maunganui an easy walk or a flat bicycle ride away, for those looking to add value to the existing property, make a sound investment, or create a new development, this desirable property is a must view.