Back 5A/1 Mardi Place
Off Market

5A/1 Mardi Place

Mount Maunganui Bay of Plenty

6
3
3
890 m²
Townhouse
Dirk MerweDirk Merwe, last sold this property on 29 July 2026 after 49 days on market.

Overview

Triple the Income, Triple the Opportunity

Investors, developers and savvy buyers will immediately recognise the opportunity on offer at 5 Mardi Place, Mount Maunganui. Positioned on a generous 890sqm (approx) site, this property comprises three separate two bedroom units, each with its own exclusive outdoor area and single carport, creating an attractive multiple income investment in the Mount. Held in largely original condition, the units present exciting scope to renovate, modernise and add significant value over time. Whether you're looking to maximise rental returns, undertake a staged refurbishment programme, or secure a landholding with strong future potential, the options here are plentiful. The well positioned site enjoys excellent sun and a practical layout that has stood the test of time. The separate crosslease titles provide flexibility rarely found in multi unit investments and numbers that stack up, opportunities like this are becoming increasingly difficult to find. Conveniently located close to Mount amenities, shopping, transport links, and the beach, this is a compelling investment package that offers both immediate income and future upside. Investment Highlights • Three two-bedroom units sold as one package • Each unit on its own cross-lease title • 890sqm (more or less) site • Single carport for each unit • Exclusive use outdoor areas • Original condition with scope to add value • Multiple income streams • Strong investment fundamentals with upside potential

Features

6 bedrooms
3 bathrooms
3 carspaces
3 carport spaces
890 m² lot size
Townhouse

Estimated Value

We need at least 3 similar 6 bedroom townhouses sold in Mount Maunganui over the last 12 months.

Property history for 5A/1 Mardi Place

2026
Sold
Undisclosed
Sold by Tender on 29 Jul 2026 by Dirk Merwe, of EVES Mt Maunganui

Happy sellers in Mount Maunganui

77%
77% of sellers in Mount Maunganui reported that their sale price either exceeded or met their price expectations.

Mount Maunganui stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 196 reviews in Mount Maunganui over the last 12 months.

Local market activity for 6 bedroom townhouses in Mount Maunganui

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