Listing Description
Stunning Home and Income with Breathtaking Views
1/146 Spring Street, City Centre, Tauranga, Bay Of Plenty
Details
| Attribute | Value |
|---|---|
| Property type | Apartment |
| Capital value (CV) | $795,000 |
| In the area | 100m to shops, cafes, restaurants. Pak'nSave, Woolworths, New World all within 2km. |
| Parking | 1 full garage, 1 off-street park, and plenty of free on-street parking. |
| Broadband in the area |
Description
Nestled in the heart of Tauranga City, in a sought-after cul-de-sac, this unique 2-story, 4-bedroom apartment offers unmatched flexibility, style, and location. Whether you're searching for a dream family home, a dual-living solution, or a lucrative income opportunity, this gem checks all the boxes!
Dual Living Setup:
Currently it's set up as two fully self-contained 2-bedroom apartments, one above the other. Conversion into a single 5-bedroom apartment is a simple $15k project.
Spacious Living:
2 kitchens, 2 bathrooms, 4 bedrooms (3x queen, 1x single/double), 2 lounges, 2 decks, and a sunroom ensure plenty of space for everyone. Our older furniture does make the place look a bit dated but it's easily upgraded with your own furniture and tastes, etc.
Outdoor Bliss:
Enjoy two deck areas with huge water views. There's a 270-degree view of the Estuary and Tauranga city from the upstairs, all-day sunshine, and spectacular sunsets. Watch a unique heart-shaped sandbar appear and vanish with the tides.
Convenience:
One lock-up garage, one extra allocated car space, and unlimited FREE on-street parking.
Perfect Location:
Safe neighbourhood with friendly neighbours, and a church about 50m away. Only 100m to shops, cafes, bars, and restaurants. 10 minutes to iconic Mt Maunganui beaches and vibrant cafes. Close to 3 major supermarkets, 17 schools, and the airport (just 10 minutes away). Quick 25-minute flight to Auckland domestic/international.
Income Potential:
Live upstairs and rent out the downstairs for $800+ per week on Airbnb, helping cover your mortgage or boost your retirement income. We do this already and can show you the figures. This still leaves us a two bedroom apartment upstairs to live in.
Additional Highlights:
Stratum-Freehold Unit on 1888sqm land. Upgrades: New paint, balustrades, carpets, blinds, hot water cylinder, driveway, and fencing. Low body corporate fees cover lawns, maintenance, building insurance and more. We can negotiate to sell it partially furnished if you need it.
Why Tauranga?
As New Zealand's 5th largest and fastest-growing city, Tauranga offers a vibrant coastal lifestyle with sunny weather, endless beaches, surf spots, and the charm of nearby Mt Maunganui and Papamoa café scenes.
Make an Enquiry
If you'd like to come and take a look, please email us at warwick.berg@gmail.com and we can arrange a time.
Open home times
Local Schools
IN ZONE 31 Fifth Avenue
844 m
Contributing (Primary), State, 442 enrolled
IN ZONE 664 Cameron Road
2.1 km
Secondary (Year 9-13) (Secondary), State, 2233 enrolled
IN ZONE 30 18th Avenue
3.2 km
Intermediate (Intermediate), State, 1260 enrolled
While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.