5 Grace Road, Tauranga Central, Tauranga & Surrounds

Waterfront home and income

The most valuable properties around the world invariably have an association with water.
Riparian land has maintained its valuable status by nature of the limitation of coastline, lakeside and shoreline.
Properties that share a boundary with earths living water fall not only into the rarest but also a diminishing most valuable niche.
The 1561sqm (more or less) of land down a deep driveway is the setting of the 1960s built three bedroom plus study home and fully self-contained one bedroom cottage.
Two owners in seven decades is testament to the absolute pleasure of living here with the forever changing vista between low water and high tide.
The two dwellings are straight, true and adequate although being in the neighbourhood of the citys more valuable properties and multi-million-dollar house sales suggests that the approx.1442sqm section (nett of right of way) is undercapitalized.
The Avenues is the longest established residential suburb of one of New Zealands fastest growing cities, Tauranga, on the east coast of central North Island. Like Auckland, Sydney, Wellington and Melbourne it is home to sought after zoned schools and the extra-curricular infrastructure supporting them. You can watch your children walk to St Marys School from here while the Waikato University Tauranga Campus is within the five-minute drive zone. All in all, the property and location features are the foundation on which the past strong value has been established. Be a part of it.