Deceased Estate Sale – Land Bank, Renovate or…

580 Maunganui Road,
Mount Maunganui

3
1
1

About this property:

TNT and Detonate!

Whether you bring the surveyor, paintbrush or TNT stick is up to you!

Following strict instructions from the executor and family, there is one certainty moving forward: this property will see a big red sold sticker shortly.

Here lies a unique chance to purchase a sizeable parcel of land in Tauranga’s most exclusive beachside suburb. Offering a 784 m2 plot of land with a solid three bedroom 120 m2 brick home and sizeable external shed, the options are plentiful.

Some possible value add options are:

-Renovate the home, and have a large section which is getting hard to find in the Mount
-Renovate the outside shed, possibly turn it into extra accommodation or a man cave
-Land bank and rent the existing home to get income in the interim
-Detonate the property as it will be sold vacant and start developments ASAP

Other notable benefits are:

-Great location and community
-Top schools close by
-Omanu beach is a 4-minute drive
-Close to all amenities, cafes and restaurants

Remember the Looney Tunes cartoons from when you were little? You know the one with the Road Runner and Wile Coyote, who always tried to blow up the Road Runner with TNT?

There’s a chance here to catch yourself a bargain by being Wile like a coyote, but don’t hold on to that TNT stick too long, or the last thing you will hear before you blow up is the Road Runner speed past with keys to 580 Maunganui Rd…

BEEP BEEP!

AUCTION – 4pm Wednesday 22nd March 2023, Powers Auction Room, 233 Maunganui Road, Mount Maunganui (Unless Sold Prior)

Disclaimer: Reference to TNT and any reference to an explosive is made from a comical position and in no way should be taken literally.

Property Enquiry

Name(Required)

Auction

Property Information

Lot Size: 784 sqm

Council Rates: $2,928.76

Capital Value: $915,000.00

Tenure: Freehold

ID# PRG3117

Contact the agent

Licensed Real Estate Consultant

021 087 47855 | Email Kim

Licensed Sales Consultant

021 232 0519 | Email Brent

Compare