1371m2 Golden Triangle Opportunity

42 Rita Street,
Mount Maunganui

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About this property:

Taking pride of place on its elevated 1371m2 (Zoned Res H) privileged corner site capturing ocean, harbour, island and Mauao views, one could argue this is akin to ‘striking gold’ in one of the most sought after streets in downtown Mount Maunganui. Explore the potential for subdivision, developing and expanding the views even further or simply move in and enjoy the vibe whilst you contemplate your next move! Basking in all day sunshine and surrounded by a lifestyle like no other, this is a place where dreams will come true and futures will be secured.

Tightly held by the same family for the past 27 years, this circa 1950’s home has been a nostalgic gathering place for many generations. Back in the day renowned Waikato farmer Morry had a great eye for property. When No. 42 came to the market, he fulfilled his biggest dream of buying the ‘best house in the Mount’. Morry and Colleen went on to host famous Thursday pool nights and welcomed friends and family from all over the world to enjoy holidays and celebrations. The family has decided now is the right time to wrap up their treasured heirlooms and photo albums and pass this rare opportunity to you to fulfil your own dreams.

A nod to the past reveals clever foresight with open plan living, separate lounge, lift, outdoor courtyards and decks, four double bedrooms, rumpus room with pool table, two bathrooms and extensive storage and places for the tents, cars, jet skis or boat.

Rita Street is positioned right in the heart of the action, yet so peaceful and community minded. Just 180m from the beach and an easy 450m stroll to the world class cafes and bars of downtown Mount Maunganui. Exciting opportunities with so many options rarely present themselves in this location. The future is yours – it’s what you choose to do with it that counts! Call Sandra or Matt today.

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Property Information

Lot Size: 1371 sqm

Council Rates: $9,099.45

Capital Value: $3,130,000.00

Tenure: Freehold

ID# PRG3469

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