Massive on the Mall!


6 The Mall, Mt Maunganui

Tender

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Massive on the Mall! | 6 The Mall, Mt Maunganui | 2550538 |      X Close
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Massive on the Mall!


Rarely do opportunities such as this one become available within this prime Mount Maunganui waterfront high-density zone position. Boasting 2023sqm of freehold land providing huge potential for redevelopment of up to 20 luxury apartments or this could be your ultimate trophy home location.

There are presently 10 residential units within seven titles, and in total there are 17 bedrooms and 10 bathrooms. The units are known as the Mereden and Mt View apartments, which are generating a strong income stream through long-term tenancies however income could be increased if these were managed as short-term holiday accommodation.

Situated directly across from Pilot Bay with unobstructed views of the harbour and Mauao ('The Mount') and just a short stroll into the main Mount hub of popular cafes, restaurants, and stunning beachfront the location is second to none.

This outstanding half-acre property is one of the largest blocks of waterfront land residing along the Mall with no more land being made here. You will feel like you have hit the jackpot when you have secured this one!

Going to Tender 10th February 2021 (unless sold by private treaty)

6 The Mall, Mt Maunganui

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