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41 Bureta Road, Otumoetai - Tauranga, Bay of Plenty

$1,800,000

page views: 803

ID# 15620

Type: Residential - House

Bedrooms: 7

Bathrooms: 4

Land area: 865 m²

Parking: 4 carport parks plus 2 off street parks

Viewing: Strictly viewing by appointment only

Contact: Jeremy
Phone: 020 123 4567
Email: click to email

Note: no agents please

Tidy block of 4 units on individual titles to be sold as a package. 41 Bureta Road sits right next door to 45 Bureta Road, currently up for sale and combining the two sites there is a significant long term land bank or development opportunity to acquire both, particularly with recent zoning changes. Current Yield $1,700 per week, expect $2,000 per week with a current review.

By combining with the neighbour, the properties would offer 2607sqm of corner section land adjacent to a golf course and supermarket. Prime development opportunity.

The grounds are tidy and there is a carport for 4 vehicles plus a further 2 off street parking spaces. Good yield with long term tenants. Always strong demand when available. Preliminary development work with engineer completed.

It's all about location. Beach and coastal walk 400m, supermarket and local restaurants 100m. Fast access to Tauranga town centre and Mt Maunganui.

Selling as one package, not individually. 45 Bureta listing can be viewed at: https://www.trademe.co.nz/a/property/residential/sale/bay-of-plenty/tauranga/otumoetai/listing/4993949884

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$1,000,000

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