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United Real Estate 2001 Limited, (Licensed: REAA 2008), (Licensed: REAA 2008)
Kevin Wells Kevin Wells

1 Ranginui Road, Welcome Bay

Enquiries over $850,000

Listing Description

Listed: Wed, 7 May

Location and Development Potential Are Key

1 Ranginui Road, Welcome Bay, Tauranga, Bay Of Plenty

Enquiries over $850,000

Details

  •   3 Beds
  •   1 Bath
  •   70m² Floor
  •   1.86ha Land
AttributeValue
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.

Open home times

No times scheduled

Property Files

Kevin Wells

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Agent's details

Kevin Wells

Enquire about the property

United Real Estate 2001 Limited, (Licensed: REAA 2008), (Licensed: REAA 2008)

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