For sale by Tender closing 2pm, Thu 27 Nov 2025 (unless sold prior) Bayleys, 158 Wicksteed Street, Whanganui
Opportunity knocks twice on Matai Street. If you’ve been waiting for a project with unlimited potential, here it is. 48 and 50 Matai Street present a rare double opportunity for renovators, developers, and DIY enthusiasts alike. At number 48, you’ll find a spacious 1920s bungalow that’s been in the same family for decades. While it’s ready for some love and attention inside and out, the strong bones, three bedrooms, and two generous living areas create an excellent starting point.
The family-friendly layout of the home provides a solid foundation to transform this character home into something truly special. Established gardens already feature a productive kiwifruit orchard, mature trees, and a sizeable shed, perfect for those who enjoy space to grow and create.
Right next door at 50 Matai Street, the vacant section is ripe for development. With the right build, you could capture sweeping views of the Tasman Sea. This location is a winner. A short stroll takes you to Castlecliff Domain and beach, local cafés, Castlecliff holiday park, and playground/skate park. Whether you choose to restore the bungalow, build new on the adjoining site, or explore the potential of both, the opportunities here are many.
Renovators, developers, and DIYers, this is your chance to make your mark. With two titles and twice the opportunity, projects like this don’t come around often. Call us today to secure your prosperous future.
