View online property files: https://www.propertyfiles.co.nz/property/PYP30654
The existing two-bedroom home is full of personality and warmth. With double glazing installed and fully insulated, it offers a practical layout, cozy living areas, and low-maintenance grounds. It is perfectly suited for immediate occupation or as a high-demand rental while you plan your next move.
Key Investor Highlights:
• Immediate Cash Flow: Day-one income with a current tenant eager to stay. Full rental appraisal available.
• 3-Storey Council Approval: Council heavy lifting is already complete. Clear pathway to maximize density on the 386sqm site.
• Turnkey Condition (No Issues): Zero structural concerns or deferred maintenance. No immediate work or capital required.
• Flexible Development Scope: Ability to add more independent dwellings or massively expand the current footprint.
• Low-Risk, Flat Site: Completely flat and dry with zero flooding or slope hazards, minimizing future build costs.
• Strategic Central Location: Main road exposure providing premium visibility and fast access across Tauranga.
Positioned at 244A Waihi Road, this property offers a rare dual advantage: a character cottage with the significant added value of a council-approved, multi-level dwelling. Whether you are looking for a high-yield investment, a strategic land bank, or a project ready to go, this is a standout opportunity.
The true highlight, however, is the future potential. Situated in a central hub that naturally supports high-density living, this de-risked site promises exceptional long-term growth.
Secure your foothold on Waihi Road: a charming cottage today, a landmark development tomorrow.
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