64 Vale Street, Otumoetai, Tauranga & Surrounds

Opportunity knocks

Elevated and overlooking Otumoetai golf course along with expansive views across the peninsula to the harbour and Mauao beyond. This massive 1434sqm site is poised for redevelopment. With three 1960's, two bedroom flats providing good holding income, your timing is not critical, and you may even choose to simply enjoy that for the time being with a view to developing the site at some time in the future. What is critical however, is that you act now because this opportunity won't last! Call now and let's start talking.
Capital Valuation: $810,000 (7/18)
Improvements Value: $25,000
Land Value: $785,000