• Freehold sizeable - 2022sqm section zoned high density residential which allows for an increasd height limit under Plan Change 33.
• Rare opportunity to secure a large prime site in the tightly held Mount Maunganui market
• Significant redevelopment opportunity in central location featuring a wide street frontage
Offering to the market is an unparalleled opportunity to acquire a freehold development site within a prestigious Mount Maunganui location. This property presents an attractive opportunity for developers looking to secure a well appointed site in a sought-after high density residential zone. The subject property is positioned close to the Mount Maunganui main street and overlooking Blake Park.
Now that Plan Change 33 is operative allowing for greater density on this prime Mount Maunganui development site. The purpose of the High Density Residential Zone is to provide for high density development at the western end of Mount Maunganui, adjacent to the downtown shopping area, the beach, harbour and recreational amenities. The intent is to provide for a high density mix of visitor accommodation and permanent residential accommodation in the form of multi unit and apartment developments
The vendor is seeking interest from developers who would like to redevelop the site to achieve a more intensive residential outcome. The vendor is also open to a delayed settlement.
Please call today for further information. All viewings are strictly by appointment.
