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55A Paterson Street,
Mt Maunganui, Tauranga City

4 bedrooms
1 bathroom
3 car spaces
620m² land size
106m² building size
House

NZD 900,888


Property details

Do-Up, Detonate, Develop by the Beach

It may be a cliche heading, but this is no cliche opportunity!

Calling all builders, developers and property entrepreneurs with an eye for the future and realisation of possibilities. With potential changes to the zoning rules around build density and height restrictions effecting land in the surrounding area, high quality apartment and townhouse developments are bringing a new buzz of excitement to Arataki, Mount Maunganui.

Package this with sought-after close proximity to the beach and you've got a recipe for a truly exceptional property bounty.

The Land
• 620 sqm (more or less) freehold title
• Reasonably flat, running approx. north/NE - south/SW, street front site with wide road access
• Land RV (2021) $935,000
• Less than 250m by foot from gate to beach via access pathways (approx.)
• Location: 250m(approx.) direct line to beach high water mark, 500m(approx.) to Bayfair Shopping Centre, close proximity to local cafes, shops and amenities

The House
• 1965 (approx.) 106 sqm (more or less) four bedroom, one bathroom bungalow
• Separate double garage + Covered parking and Deck
• Alterations to Bathroom, Kitchen, Lounge plus addition of Deck with Canopy consented in 2006
• Native timber flooring
• Current LIM Report available
• Note: A Builder's Report will not be supplied by the vendor or the vendors agent. Interested parties are advised to undertake their personal due diligence in respect to any buildings on the land.

Brave DIY'ers looking for a project may take up the challenge to restore this much-treasured, multi-generation-owned family home. Others will see value and potential in the bare land.
Whatever your lane, you'll be on the pathway to an exciting beach community, property adventure!

Explore the area


School catchments

  • Arataki School Primary Years 1-6 State 0.48km
  • St Thomas More Catholic School Primary Years 1-6 State integrated 0.72km
  • Mount Maunganui Intermediate School Intermediate Years 7-8 State 1.8km
  • Omanu School Primary Years 1-6 State 2.5km
  • Tahatai Coast School Primary Years 1-6 State 3.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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