Worst house - best street - pure potential

No matter how the market is performing the old adage to buy the worst house in the best street holds true. This 716sqm property is a perfect example. Mount Maunganui's Marine Parade definitely qualifies for best street status. A higher density of prime property would be hard to find. The reason is, of course, the golden sands across the street and the changing moods of the Pacific Ocean creating a view that adds serious value to any property that overlooks it. The old weatherboard house with its peeling pale green paint is one of the few remaining original dwellings along this golden mile. The style and quality of neighbouring homes accentuates its worst house appearance. However walk around this house past the single garage and down the deep site with its old trees and you smell the scent of summers past. A glimpse in the windows and memories of carefree holidays will flood back. The good old basic kitchen, the faithful seventies furniture, the porch for extra guests - this three bedroom home has had a good life. New owners could choose to continue the quintessential Mount Maunganui bach experience while never regretting the investment in the location.\nBecause the best thing about buying the worst house in the street is that the land it occupies is often among the best and has the advantage of unrealized potential. This property is exactly that. The 716sqm site is very slightly elevated at the front and then flat and rectangle and relatively deep. A dip in the sand dunes opposite affords a glorious view of the surfers riding the waves with Motiti Island in the background. A path across the street leads through the dunes to the beach. The property is towards the far end of Marine Parade. The Tay Street reef is along the street but this stretch is more peaceful and laid back than nearer main beach. The land has potential for two dwellings. While other developments in the area suggest the pure value of the land lends to building as intensively as allowed this would be a wonderful site for one special home. This friendly old bach on its 716sqm of pure potential provides a not to be missed opportunity to acquire prime property in a premier location. To buy the worst house in the best street in always an easy decision to make. Its future can be decided at leisure, secure in the peace of mind that a good investment brings.\n