19 Paterson Street, Mount Maunganui, Bay of Plenty

SoldJul 24, 2025

19 Paterson Street, Mount Maunganui, Bay of Plenty

Amount undisclosed

99 m²

873 m²

House

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Sold: Jul 24, 2025

What's around 19 Paterson Street

Build big or subdivide; big opportunity awaits

Savvy investors, builders and developers will recognise this property for the golden opportunity it presents. It’s rare to find a full-sized section just two minutes’ walk from the beach that will have the subdivision work completed by settlement. Lot one has a fully renovated cottage that features two large decks and would make an ideal rental. Lot two offers the full range of possibilities; add a pool or tennis court, build a large family home or simply sell it off. Our vendors have done the hard work to obtain resource consent by auction to subdivide so the rewards are all yours. It was for this scenario that our vendors purchased this property just two years ago, but work is taking them out of town, so they’re passing on this win to the right buyer. They’ve already taken the strong bones of this 1960s cottage and lovingly transformed it into a relaxed, family home with cool retro features like the fireplace and tawa floorboards. For just the second time in its 67 years history, this absolute gem just one street back from the beach is on the market, so if your check list includes; - 873sqm section with resource consent to subdivide (resource consent applied for and imminent) - Lot 1: 518sqm with existing 99sqm renovated three bedroom home - Lot 2: 355sqm with detached sleep out and garage - Two-minute walk to Omanu beach, cafes and close to Bayfair - Zoned for both Omanu and Arataki Primary schools

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Seller's review

10 months ago

Verified Review

Street Record in a Tough Market — Matt Delivered

Working with Matt was a great experience — and he still landed us a street record in a tricky market. From day one, he was upfront, honest, and never once pushed us to take anything we weren’t happy with. His knowledge of the Mount area, subdivision rules, and building codes helped us feel confident throughout. He’s not just a great agent — he’s a good human and a seriously hard worker. Communicative, supportive, and someone you can genuinely trust to get the job done. Highly recommend.

Jack Greene & Tori Steele

Seller