Once In A Lifetime

40 Rita Street,
Mount Maunganui

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About this property:

Located on a 1047m2 elevated Downtown Mount site, this iconic 1950s home has unparalleled views and undeniable potential.

The possibilities are numerous: High Density Residential zoning (one dwelling per 100m2) means the options for redevelopment are extensive; or build your long-awaited dream home; or simply secure for the future one of the few remaining large full sites in this spectacular Downtown Mount location.

Positioned in one of Mount Maunganui’s most elite locations, this fabulous home is not only imbued with a timeless charm, it also captures panoramic views of the glistening ocean, awe-inspiring Mauao and picture perfect Pilot Bay. The main house consists of two generous bedrooms, a spacious dining and living area and two sunrooms. The sun-drenched home features handsome timber panelling, native timber floors and a gas fire. A separate one bedroom self-contained flat on the lower level is perfect for guests or an Airbnb income stream.

With the best that the Mount has to offer a short stroll away, you’ll feel like you’re on holiday every day. You will find yourself strolling daily to one of New Zealand’s most exquisite beaches, voted New Zealand’s best by Trip Advisor five years in a row; or soaking up the stunning scenery on your morning walks up or around Mauao; or venturing out to the Mount’s bustling township, where a hub of world-class cafes, bars, restaurants and shopping awaits.

No matter where in the world you look it doesn’t get much better than this!

This sensational property is on the market to sell. For more information or a private viewing feel free to contact Sandra or Matt anytime.

Property Enquiry

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$3,250,000

Property Information

Lot Size: 1047 sqm

Council Rates: $7,045.37

Capital Value: $3,100,000.00

Tenure: Freehold

ID# PRG3903

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