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Mt Maunganui
Mt Maunganui / Papamoa
A prime investment - three units
With sports fields, sport facilities, cafes, beaches and the amenities of downtown Mt Maunganui an easy stroll or bike ride away, these single storey brick units are a desirable option for first home buyers wanting a start on the property ladder, astute investors looking for long term gain, or developers with a vision.
Oriented to maximise the sun, each has a simple yet practical layout of open plan living/dining with a compact kitchen and adjacent laundry opening to a small back courtyard. Originally designed with two bedrooms and one bathroom each, units A & B have converted their attached garage to a third bedroom and added a conservatory for additional living space. All on a flat easy care site, Unit C also has a free standing garage and access to the spacious backyard.
Each property is currently tenanted, creating an opportunity to purchase as a residence and receive income from the other two properties; to house wider family, or maximise the premium location for short stay accommodation. As the properties on either side are also for sale, a large townhouse complex is an obvious option for developers seeking a premium location in ever popular resort community of Mt Maunganui. Unmistakably, this is prime property in a highly sought after locale in a very competitive market. Bring your best ideas and secure one or more of these assets - before someone else does!