158A Fifteenth Avenue

Tauranga South Bay of Plenty

875 m²

House

Currently for sale - view listing

Overview

1st time in 49 Years * 3 Flats 1 Title * Act Fast

Offered for the first time in 49 years, this versatile property delivers far more than just a solid investment - it's a future-focused opportunity with multiple pathways to add value. Set on high density zoned land, the property comprises three well-maintained two-bedroom flats, constructed in durable brick with an iron roof. The long-term ownership is evident in the condition, providing confidence for immediate income and ongoing performance. Beyond its investment and development potential, the layout also lends itself perfectly to multigenerational living - whether accommodating extended family, providing independence for older relatives, or creating a live-in-plus-income scenario. Positioned on a key Tauranga arterial route, the property benefits from strong tenant demand, excellent accessibility, and long-term growth fundamentals. This is a rare combination of income, flexibility, and future potential - secure it now and decide how you maximise it. Deadline Sale closes Thursday 3rd September at 1:00pm (will not be sold prior) To access property files, copy & paste: http://www.propertyfiles.co.nz/property/L40124207