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Landbank Today. Develop Tomorrow.

Collab Realty Ltd, (Licensed: REAA 2008)

Listed 11 Aug

38 May Street (Rear Units), Mount Maunganui, Tauranga, Bay Of Plenty

Price by negotiation

Bed4
Bath2
Land area354m²
Floor area93m²

Details

4 bedrooms
2 bathrooms
2 lounges
4 garage parks
House
Property interior
Property interior

Landbank Today. Develop Tomorrow.

Landbank Today. Develop Tomorrow. Meaning: Dual Income. Premium Position.

FRESH A rare opportunity to secure a high density development site in the heart of Downtown Mount Maunganui, generating immediate rental income while you plan your next move. Secure now with a 10% deposit and balance due upon title.

HONEST

  • Two tenanted two bedroom units providing immediate holding income
  • Four off-street car parks arranged as two tandem spaces
  • Zoned High Density Residential for future development potential
  • Ample off street parking for both units
  • Access direct from Shadelands Lane
  • Freehold 354sqm site approx. (proposed subdivision plan)
  • New title expected 2027
  • Just moments from cafés, boutique shopping, the beach and everything Downtown Mount has to offer

BOLD Whether you're looking to landbank, develop now or hold for the future, this is an investment that delivers from day one. With established rental income already in place, you can generate returns while planning your next project. Positioned in one of Mount Maunganui's most sought after locations, opportunities offering both immediate income and long term development potential are becoming increasingly rare.

US Mel Taylor is proud to present 'Landbank Today. Develop Tomorrow.' Contact Mel today for further information.

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Days on site

38 May Street (Rear Units) has been viewed 2,147 times since it was first listed on 11 August. There are 43 people keeping an eye on it.

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Location info

38 May Street (Rear Units), Mount Maunganui, Tauranga, Bay Of Plenty

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