19 Paterson Street, Mt Maunganui, Tauranga & Surrounds

Build big or subdivide; big opportunity awaits

Savvy investors, builders and developers will recognise this property for the golden opportunity it presents. It's rare to find a full-sized section just two minutes' walk from the beach that will have the subdivision work completed by settlement.
Lot one has a fully renovated cottage that features two large decks and would make an ideal rental. Lot two offers the full range of possibilities; add a pool or tennis court, build a large family home or simply sell it off. Our vendors have done the hard work to obtain resource consent to subdivide so the rewards are all yours.
It was for this scenario that our vendors purchased this property just two years ago, but work is taking them out of town, so they're passing on this win to the right buyer. They've already taken the strong bones of this 1960s cottage and lovingly transformed it into a relaxed, family home with cool retro features like the fireplace and tawa floorboards.
For just the second time in its 67 years history, this absolute gem just one street back from the beach is on the market, so if your check list includes;
- 873sqm section with resource consent to subdivide
- Lot 1: 518sqm with existing 99sqm renovated three bedroom home
- Lot 2: 355sqm with detached sleep out and garage
- Two-minute walk to Omanu beach, cafes and close to Bayfair
- Zoned for both Omanu and Arataki Primary schools