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37/31 Reynolds Place, Papamoa, Tauranga, Bay of Plenty, 3 Bedrooms, 2 Bathrooms, Townhouse

$660,000

37/31 Reynolds Place, Papamoa, Tauranga, Bay of Plenty

3
2
1
131m2
TownhouseListed on Thu Nov 9
Near New

Papamoa 3 Bedroom Motivated Vendor - Immediate Settlement Available

Take advantage of this prime investment opportunity with a modern, multi-level apartment ready for immediate possession. Whether you're looking for a first home or a smart addition to your portfolio, this property is a standout. With the potential to generate $725 per week in rental income, it's a savvy choice for any investor. Spanning three levels, the apartment offers a versatile layout that combines comfort, safety, and convenience, making it an ideal living space. Don't miss this chance to secure a thriving property in a perfect location.

The intelligently designed layout begins on the ground floor, featuring a sun soaked courtyard that seamlessly merges with an open plan living area and a modern kitchen. A strategically placed powder room serves as a central meeting spot for residents. Ascend to the second level to discover a well appointed bedroom, a bathroom, and access to a balcony from an elevated mezzanine, a perfect space for a secondary living area or a home office. The top floor boasts two additional bedrooms flanking a generously sized bathroom, accompanied by yet another adaptable living area to cater to tenants' varying preferences.

Crafted in 2017, this property embodies modernity with essential amenities such as; double glazing, superior insulation, a heat pump, and tasteful neutral decor. It complies with all the requisites for healthy homes while minimizing landscaping needs, allowing tenants ample time to enjoy moments with loved ones. Access to the gated complex is secure via pin-coded entry, while the dwelling itself provides convenient dual access from both front and rear, ensuring ample parking options. Pets are also welcomed with Body Corporate approval.

Adding to its allure is the prime location. Positioned amidst the newly built homes in the east and the established Papamoa township, tenants will appreciate the convenience and potential this area offers.

Location

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Council Data

Last update : 2025 01 08
Improvement value$325,000Reduced by -16% from year 2021
Land value$325,000Reduced by -1% from year 2021
CV(Year 2023 Month 05)$650,000Reduced by -9% from year 2021
DeckYes
View typeNo appreciable view
ContourLevel
Floor area131m²
Decade of construction2017
Title788235
Type of titleUnit Title
Legal descriptionPU 37 DP 512233 SH LOT 40 DP 344000
CouncilTauranga
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 37 DEPOSITED PLAN 512233
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Te Manawa ō Pāpāmoa School
0.74 km
Primary
1-6
Government
Co-Educational
-
-
Papamoa College
0.85 km
Secondary
7-15
Government
Co-Educational
EQI: 458
6

Property history

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Surrounding facilities

Reynolds Place Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.11 km
4
151m2
Year 2024 Month 10 Day 26
$875,000
Council approved
7/31 Reynolds Place, Papamoa
0.07 km
2
1
89m2
Year 2024 Month 09 Day 27
$579,000
Council approved
35 Fontana Street, Papamoa
0.08 km
4
2
176m2
Year 2024 Month 09 Day 04
-
Council approved
16 Marion Crescent, Papamoa
0.19 km
3
2
-m2
Year 2024 Month 08 Day 23
$798,000
Council approved
27 Furlong Road, Papamoa
0.16 km
4
168m2
Year 2024 Month 08 Day 22
$825,000
Council approved

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Ref:EPA16858Last update:2024-12-23 09:50:53