


Listing Description
Location and Development Potential Are Key
1 Ranginui Road, Welcome Bay, Tauranga, Bay Of Plenty
Enquiries over $850,000
Details
Attribute | Value |
---|---|
Property type | Dwelling |
Capital value (CV) | $1,160,000 |
Parking | 1 carport spaces |
Agency reference | FNB11525 |
Description
Motivated Vendor - offering an Exceptional Investment Opportunity - 1.8Ha under Tauranga's City Coincil. Escape to the peace of the countryside without sacrificing the convenience of city living. This is a rare chance to secure a substantial 1.8-hectare (approx.) freehold property within the Tauranga City Council possibly suitable for futurte urban zone - offering outstanding potential for future development or a lifestyle property. Currently, a modest home (in poor condition and it wouldnt meet any standartds for Healthy Home certificatification) occupies the southeastern corner of the site and is tenanted by a family. While the dwelling may not hold much value, the land certainly does. This versatile property presents multiple opportunities:
- Investors: Unlock the long-term capital gains of this strategic location, ideal for future residential development.
- Builders: Rebuild or redevelop on the existing footprint to create a valuable asset, and add a monor dwelling.
- Lifestyle Seekers: Enjoy a semi-rural lifestyle with space for horses, gardens, or hobby farming - all within minutes of Tauranga's amenities. The vendor is relocating to Australia and is highly motivated to sell - don't miss this unique offering in a high-growth area. Opportunities like this are few and far between. Act now - this property will be SOLD.
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