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1-4/18 Marine Parade Mt Maunganui, Tauranga City

Sold for $10,500,000 on 5 Nov 2021
  • 11 Beds
  • 4 Baths
  • 4 Cars
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1-4/18 Marine Parade, Mt Maunganui, Tauranga City

House in Mt Maunganui

CROWN JEWEL OF MOUNT MAUNGANUI

  • 11 Beds
  • 4 Baths
  • 4 Cars
Listed By:
Ray White Mt MaunganuiRealty Focus Limited Licensed (REAA 2008)

A site of this calibre probably won't come up again. It's Mount Maunganui - Marine Parade. More importantly; a particular position on Marine Parade - right opposite the Main Beach. One of the best - and a jewel in the crown along this select resort ribbon.

Commanding a corner of Commons Ave and Marine Parade, No.18 covers around 776sqm of blue-chip real estate.

Currently home to a four-apartment complex, this is Mount Maunganui's high-density zone. Don't think of it as just four units, instead, raise that to seven potential units and crunch the numbers for your high-end development. In the meantime, enjoy the return these popular Airbnb apartments bring now. Then think how much more that return will be with seven units in a new development. Or, you could live the personal dream - design the mansion and come home to the Mount.

This corner has views quite unlike any other. Looking straight out to sea - Moturiki Island to the right, Mauao on the left - it's a joy to watch the waves, admire the surfers and gaze all around this hot spot. It's dawn-to-dusk bliss - greeting sunrise, strolling the beach, dining and wining. Nothing matches the intimacy of a front-row seat along with this inner sanctum at Mount Main Beach.

The only question is - how badly do you want it?

Tender closes 4.00pm, Friday 28 May 2021

Property ID:

MMG26248

Building:

480m²

Land:

776m² / 0.19 acres

Parking:

4 garage spaces

Bedrooms:

11

Bathrooms:

4

Listed By:
Ray White Mt MaunganuiRealty Focus Limited Licensed (REAA 2008)