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590 Maunganui Road, Mt Maunganui, Tauranga, Bay of Plenty, 7 Bedrooms, 3 Bathrooms, House

For Sale by Deadline Private Treaty

590 Maunganui Road, Mt Maunganui, Tauranga, Bay of Plenty

7
3
200m2
409m2
HouseListed Yesterday
Most Popular

Mount Maunganui 7 Bedroom Prime Investment Opportunity

Get your foot in the door, or make your mark and reap the attractive benefits along the way with this fantastic opportunity. Currently generating a weekly intake of $920 with the possibility to maintain the existing rental agreement, this property provides a lucrative starting point while you ponder any future plans. With a prime position in a visible Mount Maunganui location, the options to explore commercial/business conversion options with the necessary consents, are also abundant.

Perched on a generous site in Mount Maunganui, the home spans two storeys. The lower level comprises four bedrooms and a utility area, and you'll find an additional three bedrooms up top, the kitchen, living, plus an outlook across neighbouring rooftops. Off-street parking is generous, catering for multiple residents, guests and the beach toys alike.

A garage/annex exists to the rear offering a consented bedroom and bathroom and caters to options suiting various living situations and guest overflow (the garage is currently set-up as an unconsented living area). If you're power tool savvy or a design visionary, this gem packs a punch with unrealised potential.

This prime location is a drawcard for keen golfers and sits mere moments from the greens. Retail and commercial hubs, schooling, and speedy arterial route access are all within easy reach.

Whether you already have a project in mind or are looking to add to your investment portfolio, this is your moment to seize. Will be sold as is where is.

Location

Open homes

Feb23
Sunday14:45 - 15:15

Council Data

Last update : 2025 02 19
Improvement value$425,000Increased by 4% from year 2021
Land value$455,000Reduced by -20% from year 2021
CV(Year 2023 Month 05)$880,000Reduced by -9% from year 2021
DeckYes
View typeNo appreciable view
ContourLevel
Land area409m²
Floor area200m²
Decade of construction1960
TitleSA61D/716
Type of titleFreehold
Legal descriptionLOT 1 DPS 77864
CouncilTauranga
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN SOUTH AUCKLAND 77864,409m2
ConstructionExternal Walls: Wood
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Mt Maunganui Intermediate
0.29 km
Secondary
7-8
Government
Co-Educational
EQI: 445
6
Mount Maunganui College
0.71 km
Secondary
9-15
Government
Co-Educational
EQI: 456
6
Omanu School
1.16 km
Primary
1-6
Government
Co-Educational
EQI: 409
7

Property history

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Surrounding facilities

Maunganui Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
591b Maunganui Road, Mount Maunganui
0.03 km
3
1
92m2
Year 2024 Month 12 Day 06
$750,000
Council approved
591a Maunganui Road, Mount Maunganui
0.01 km
3
1
100m2
Year 2024 Month 11 Day 29
$765,000
Council approved
584 Maunganui Road, Mount Maunganui
0.12 km
4
1
-m2
Year 2024 Month 11 Day 15
$700,000
Council approved
0.16 km
4
121m2
Year 2024 Month 09 Day 16
$930,000
Council approved
0.07 km
3
115m2
Year 2024 Month 09 Day 06
$965,000
Council approved

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Ref:EPA19442Last update:2025-02-21 14:40:54