Best Location - Weathertight Issues
The Calais Mount Resort Apartments are situated in arguably the best position downtown the Mount - opposite mighty Mauao and the Mount hot pools, and a short stroll to the world-class main Mount beach to the East and Tauranga's scenic and busy harbour to the west.
But the Calais Resort has weathertightness issues, and a major remedial project is scheduled to start in March 2020. Sadly, the current owner is not in a position to retain her top floor studio apartment, allowing you to invest in in one of the Mount's best locations at under market value!
Yes, the building will go under plastic for approximately 9 months and you will have to pay for the studio apartment's share of the remedial work, but the wait is sure to be worth it!
The studio apartment has a great outlook over the Pacific Apartment's pool area and catches the morning sun. From the deck you can sit and look at Mauao and in the evening you can relax in the spa bath or visit one of the many cafes or restaurants that are in easy walking distance.
The Calais is a managed apartment building offering stress-free management of the apartment if you are buying it as an investment. Buy now and get the high season returns over this Christmas/New Year period to help off-set some of those remedial costs in 2020.
Selling as a Deadline Sale: Offers to be submitted to The Professionals Office, 245 Maunganui Road, Mt Maunganui no later than 4pm on Friday, 4th October 2019. Will not be sold prior.
To access full disclosure information on the remedial work please email Bernadette on email@example.com.
To access property documents, copy and paste: http://www.propertyfiles.co.nz/property/MTM10586