330 Maungatapu Road

Who dares wins – disclosed reserve $450,000!

This property will be sold ... with a set disclosed Auction reserve of only $450,000. Sitting on a large 1442 sqm (more or less) waterfront section this formerly elegant 1960s faded weatherboard beauty offers outstanding unobstructed water views sweeping from Hairini Bridge along the Tauranga waterfront around to Mount Maunganui and Matapihi peninsula. This is an exciting 'as is, where is' proposition for astute buyers that is truly unique. A slip along the Maungatapu ridgeline in 2022 resulted in subsidence in one corner of this property's backyard, with the Rateable Valuation (2023) now at $1,190,000.00. Bring your imagination and skills to maximise this phenomenal opportunity to purchase a home on a large parcel on land stretching down to the water's edge.

Once, this was a much-loved family home tucked away down a private drive, with stately established trees, a beautiful inground swimming pool and raised gardens filled with roses framing the formal front entrance. Although currently in a partially deconstructed state, the spacious kitchen/dining/casual living have stunning views from every window and open through French doors to a raised terracotta tiled patio, as does the adjacent generous sized formal lounge. With two large bedrooms downstairs - one with walk through dressing room to the family bathroom, and one with separate access; a sizable master upstairs with renovated ensuite, wide deck and fabulous views, and a spacious single bedroom. The original features, character and charm are abundant in this substantial home. A double carport, basement storage and additional off-street parking and it's obvious that all the ingredients are here to renovate and restore this once grand home to her former glory.

However, the options for buyers here are many and varied, retain and renovate the current home or clear the section to develop or build new your dream home ... this is a must view for builders, developers, landbankers and astute buyers looking for a rare opportunity. The vendor has laid their cards on the table ... so who dares wins!