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59B Meander Drive, Welcome Bay, Tauranga, Bay of Plenty, 3 Bedrooms, 1 Bathrooms, House

$499,000

59B Meander Drive, Welcome Bay, Tauranga, Bay of Plenty

3
1
82m2
HouseListed on Fri Nov 1
Most Popular

Welcome Bay 3 Bedroom Starter Home or Savvy Investment? (Under Contract)

Situated in the sought-after Selwyn Ridge School zone, this 3-bedroom, 1-bathroom home presents a great opportunity for both first-home buyers and savvy investors. The property's location near Johnson Reserve makes it ideal for families who enjoy easy access to lush green spaces and a variety of outdoor activities, perfect for weekend picnics or evening strolls.

Inside, the home offers a unique opportunity for personalisation. It features ample off-street parking, extensive storage space beneath the house, and room for gardening enthusiasts to cultivate a vegetable garden.

This property offers a practical setting and strong long-term rental appeal, making it a smart addition to any investment portfolio. Whether you're looking to purchase your first home or seeking a reliable rental income, this home is a solid choice that combines affordability and potential.

The property is currently under contract and awaiting finalization.

Location

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Council Data

Last update : 2025 01 29
Improvement value$235,000Reduced by -4% from year 2021
Land value$275,000Reduced by -1% from year 2021
CV(Year 2023 Month 05)$510,000Reduced by -2% from year 2021
View typeNo appreciable view
ContourSteep Fall
Floor area80m²
Decade of construction1988
TitleSA42B/731
Type of titleCross-Lease
Legal description1/2 SH LOT 85 DPS 40629 FLAT 2 DPS 49583
CouncilTauranga
Estate descriptionFSIM,1/2,LOT 85 DEPOSITED PLAN SOUTH AUCKLAND 40629,661m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Selwyn Ridge School
0.22 km
Primary
1-6
Government
Co-Educational
EQI: 456
6
Tauranga Intermediate
3.52 km
Secondary
7-8
Government
Co-Educational
EQI: 474
5
Tauranga Girls' College
4.23 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 465
6
Tauranga Boys' College
4.37 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 453
6

Property history

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Surrounding facilities

Meander Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
58 Pelorus Street, Welcome Bay
0.57 km
3
1
140m2
Year 2024 Month 12 Day 13
$767,000
Council approved
76A Meander Drive, Welcome Bay
0.55 km
3
1
-m2
Year 2024 Month 11 Day 26
$513,000
Council approved
5 Holmburn Street, Welcome Bay
0.24 km
3
2
190m2
Year 2024 Month 10 Day 26
$895,000
Council approved
82 Meander Drive, Welcome Bay
0.52 km
3
1
-m2
Year 2024 Month 10 Day 15
$600,000
Council approved
18 Rosella Drive, Welcome Bay
0.38 km
3
173m2
Year 2024 Month 09 Day 20
$885,000
Council approved

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Ref:GDL31136Last update:2025-01-22 11:21:08