Property Type
- Investment
Great opportunity! Builders, developers or a wise land bank investment.
Situated in early Greerton road on a large 815 m2 section this original, built 1948 Stucco home of 110 m2 has three bedrooms, one bathroom and a separate laundry with outdoor access to the clothesline.
The home has a dining room adjacent to the kitchen along with a spacious lounge complete with a consented wood burner. The home has good insulation and HRV. The home has been well maintained considering its original age.
The section is near to flat with good road access and under the Tauranga City plan would be a great further development site for three homes by removing the existing garage and house.
The house could be rented while due diligence and a building consent is obtained for further development. The home being sold under the Trusteeship of the Public Trust and will be sold on an 'as is where is' basis.
Close to the Mega Mitre ten shopping complex on one side and the Greerton Chadwick Rd shopping complex on the other, there are several schools and plenty of services close at hand.
The market has now bottomed, we're close to election time so now is the time to invest.
Give Mike a call to view.
Marketed by Deadline sale 30th October, 2023 unless sold prior.