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Advantage Realty Ltd Mount Central, (Licensed: REAA 2008)
Theo Smith Theo Smith

1-5/5 Balmoral Terrace, Otumoetai

Asking price $1,900,000

Listing Description

Listed: Tue, 30 Apr

Invest, land bank or develop!

1-5/5 Balmoral Terrace, Otumoetai, Tauranga, Bay Of Plenty

Asking price $1,900,000

Details

  •   6+ Beds
  •   5 Baths
  •   5 Living areas
Other Features
  •   5 Separate toilets
  •   5 Off-street parking
AttributeValue
Property type
Unit
Parking
5 carport spaces, 5 open spaces
Agency reference
MM22783
Broadband in the area Fibre, ADSL, VDSL, Wireless

Description

5 Balmoral Terrace is a unique opportunity in a fantastic Tauranga location. It is an excellent opportunity for investors or developers to acquire a central parcel of land with a holding income. The property's central location ensures strong demand for tenants.

This prime site spans 1660 square metres which currently houses 5 two bedroom units each with a carport and storage unit.

  • Great location
  • Add-value potential
  • Great land bank opportunity for future development
  • 5 units on individual titles
  • Total freehold land area: 1660sqm
  • Space to add additional units
  • Great investment potential, options for rental income or capital appreciation

Please contact the Harcourts sales consultants below for further information.

To request documents please visit Harcourts:https://harcourts.net/L27685332


Open home times

No times scheduled

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Agent's details

Theo Smith

Theo Smith

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Ben Cantley

Ben Cantley

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Advantage Realty Ltd Mount Central, (Licensed: REAA 2008)

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