Nestled in the heart of one of Tauranga’s most established and desirable residential locations.
The Matua peninsular feels relaxed and peaceful, with some of the Bay’s best parks and reserves, walkways and cycle tracks, it’s hard to imagine our necessities are only a few minutes away.
The 2,556 sqm (more or less) of freehold residential zoned land offers astute investors and property developers the opportunity to reposition the existing buildings or redesign a high end ground up residential development.
• 2556sqm land, zoned Res A
• 772sqm (approx.) building improvements
• Vacant possession
• Well established and highly sought after residential location
With Plan Change 33 operative from June 2024, the site is primed and ready for development - the potential for a solid holding income is a bonus, providing time to create the ideal development proposition within this highly sought after residential location.
Everything stacks up here, with a high concentration of surrounding amenities, local cafés and restaurants, doctors and pharmacy, petrol station, parks, reserves and a boat ramp.
Residential property of this scale in the heart of a highly desirable Tauranga location is a rare proposition indeed. Secure the asset and create your next residential landmark.
Contact the sole agent for further information.
