– Three neighbouring properties on Oceanbeach Road, Mount Maunganui, are for sale with a combined RV of $9.03m.
– The properties, owned by the same family for nearly 60 years, include a bach and rental units.
– Listing agent Sandra Powers says the properties can be bought together or separately, attracting diverse buyer interest.
Three neighbouring properties on one of the country’s most expensive and sought-after beachfronts have hit the market for sale with a combined RV of $9.03 million.
The legacy properties, which together occupy more than 2000sqm on Oceanbeach Road, in Mount Maunganui, have been owned by the same family for almost 60 years and are being sold “as is, where is”.
Powers agents Sandra Powers and Colin Mackenzie have the listing for 395 and 395A Oceanbeach Road – a two-storey 1960s bach facing the beach and a block of three flats, with two bedrooms each, at the back.
The late owner lived in the four-bedroom bach overlooking Mount Maunganui’s Main Beach for more than 40 years. Photo / Supplied
A block of three, two-bedroom flats sits behind the beachfront bach. Photo / Supplied
Colleagues Aleisha Carr and Brent Henry have the listing for 397 Oceanbeach Road, a block of units that sits two properties back from the beach.
The late owners, an ex-soldier turned farmer and his war bride, bought the 1583sqm plot at 395 and 395A Oceanbeach Road for around £500 in 1967, and built the four-bedroom bach overlooking Mount Maunganui Beach as their holiday home and then built the two rental flats behind it to bring in some money.
They snapped up 397 Oceanbeach Road several years later and built two more rental units.
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The late owner’s granddaughter told OneRoof that the family lived in Greerton and never had to travel far for their beach holidays.
She said five generations of the family enjoyed holidays there, and that the spot was filled with special memories. “Unless they live at the Mount, I don’t think people understand what it’s like to have that beach on your doorstep. We’ve been really blessed to have that experience.”
She said her grandmother moved to Mount Maunganui permanently in the 1980s and lived there until she was 96. She died two years ago, and the properties had been left to her surviving family to sell.
A neighbouring roadside section, which has two dwellings, was bought in the early 1970s. Photo / Supplied
One of rentals at 397 Oceanbeach Road has been refreshed. Photo / Supplied
Listing agent Sandra Powers said 395 and 395A Oceanbeach Road and 397 Oceanbeach Road could be bought together or separately, adding that it was “extremely rare” to find such a large landholding on the beachfront.
She said the properties had attracted a range of buyer interest. Investors were looking to bring the houses up to standard and continue renting them, but others wanted to demolish the properties and build their dream home on the site.
– 395-395a Oceanbeach Road and 397 Oceanbeach Road, in Mount Maunganui, are for sale, deadline closing November 19