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Listed about 4 years ago

ID#477441

Mt Maunganui

Mt Maunganui / Papamoa
BEO $85,000
1
1
38
(409.03 sq.ft.)

Residential apartment

This top floor studio apartment is in the Calais Mount Resort - situated in arguably the best position downtown the Mount. Mauao and the Mount hot pools are across the road, and you're only a short stroll to the world-class main Mount beach to the East and Tauranga's scenic and busy harbour to the west.

But the Calais Resort has weathertightness issues, and a major remedial project is scheduled in July 2020. Sadly, the current owners are not in a position to retain their top floor studio apartment, allowing you to invest in one of the Mount's best locations below market value!

The Calais is a managed apartment building offering stress-free management of the apartment if you are buying it as an investment. Alternatively, live in it permanently or make it your holiday home.

Important Information:
Apartment Size: 38m2
Rateable Value at 1/7/2018: $245,000
Rates per annum: $1,922
Remedial Levy: $239,809.46
Important Dates:
20th April 2020 - Either the full amount or 10% of the remedial levy to be paid - 1st Instalment
20th May 2020 - 45% of the remedial levy to be paid - 2nd Instalment
20th June 2020 - 45% of the remedial levy to be paid - 3rd and final Instalment
1st July 2020 - Proposed start date for the building work to begin
14 months - the estimated length of time for the rebuild.

To access property documents, copy and paste: http://www.propertyfiles.co.nz/property/MTM10614

Keywords

Location

  • Coastal
  • Inner City

Property Type

  • Investment

Features

  • Off-street parking

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Agent

Bernadette Griffiths

NRG Realty Ltd

Licensed Real Estate Salesperson (REAA 2008), AREINZ, Member of the REINZ

Bernadette Griffiths is an experienced and successful Real Estate Agent and qualified Associate of the Real Estate Institute of New Zealand (AREINZ). Often described by her sellers and buyers as the “not pushy salesperson” Bernadette’s empathetic and caring nature have proved successful in showing “nice” salespeople can get the deal done, and be highly successful. Bernadette and her team offer sellers and buyers a professional and hassle-free real estate experience.
With a 35+ year career in real estate Bernadette has achieved much. As well as selling thousands of properties she’s co-owned a real estate business on Waiheke Island, jointly managed a New Zealand wide real estate group with her husband Owen, and trained, coached and mentored hundreds in the real estate industry both in NZ and Australia.
Bernadette contributes her success to her long-standing working partnership with husband Owen, her extensive real estate knowledge and skills, as well as embracing and using the latest technologies.
The world of real estate has changed remarkably in the 35+ years Bernadette has been involved. Today’s sellers and buyers are more knowledgeable and sophisticated than ever before, and Bernadette has adapted and thrived with the technological changes and the large impact digital and social media have on today’s real estate market.
Bernadette is the salesperson in “TeamG”. Together with her back-up team - husband Owen (marketing expert) and Ange (personal assistant) they offer sellers and buyers a client focused, hassle-free real estate experience incorporating up-to-the-minute marketing, excellent communication and a 100% commitment to a sale.
Bernadette is passionate about the Bay of Plenty, particularly Mount Maunganui. Her enthusiasm and love of the region is contagious and she has encouraged many out-of-town visitors to invest in “Paradise”.
The key real estate skills of negotiation, marketing and communication are just as important today as they were in the past. With Bernadette and TeamG you get the best of all worlds – the skill and experience of over 35 years’ real estate experience, up to date marketing techniques, and dealing with a nice person.
So if you’re looking at selling or buying, give Bernadette a call and experience the difference.

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This property was photographed by

ID#477441

Mt Maunganui

Mt Maunganui / Papamoa
BEO $85,000
proudly marketed by
Bernadette
0274463052
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