7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty

7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy
  • 27+

HUGE land, huge house & income potential!

7 Pennington Place, Welcome Bay, Tauranga

Bedrooms

5

Bathrooms

3

Floor area

149m2

Land area

1152m2

Property Sold

Last update 2 months ago

Open homes

We may not have any upcoming open homes but we can usually schedule a private visit.

  • Arrange with Janet O'Shea
  • About this sold property

    NOW UNDER CONTRACT

    It's not often that a property comes up that has a trifecta of awesome features! Those seeking a larger home, on a very large section and with the potential of income from the consented sleepout have just hit the jackpot!

    Originally built in 1973 offering three double bedrooms, this sprawling brick home has been significantly added to, and now has a floor area of just under 150m2, boasts FOUR bedrooms, TWO bathrooms and TWO living areas, all tucked neatly on 1,152m2 section. PLUS a purpose built sleepout with en-suite and single garage.

    The expansive main living area is open plan and is comprised of the modernised kitchen, dining and generous lounge. Whether cooking for the family or entertaining friends, you can remain part of the proceedings with the passthrough that connects the kitchen and lounge, while the dining area is generous enough for a large family table. French doors adorn all the living areas making summer living on the extensive timber deck a breeze.

    Three double bedrooms in the main wing are serviced by the modern family bathroom, while the extension in the opposite wing includes a second family room and a master bedroom with small en-suite. Once again, the family room opens directly to the front deck.

    You will not need to buy avocados this year, with the enormous avo tree that is resident in the front yard. Fully fenced and with other mature planting, the children have tonnes of space, room for the trampoline and even a treehouse to keep them occupied.

    A single garage (used for storage) is attached to a modern sleepout. Built in 2012, it is double glazed and offers a nice size studio room with en-suite bathroom. Currently advertised on Air BnB, the owners have been pleased with the extra income provided and occupancy rate.

    With a new roof, some modernisation and exterior insulation, the property lends itself to families or those looking for future opportunities with the new council land zoning.

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    Key selling points

    • 149m2
    • 1 car garage
    7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy
    • 27+
    7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy
    7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy
    7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy
    7 Pennington Place, Welcome Bay, Tauranga, Bay of Plenty | Tall Poppy

    About this property

    Year Built
    1973
    Improvement Valuation (IV)

    $485,000

    Land Valuation (LV)

    $445,000

    Rateable Value (RV)

    $930,000

    Rates

    $3,362.77

    Foundations

    Concrete Slab, Concrete Piles

    Glazing

    Single Glazed

    Joinery

    Timber, Aluminium

    Water Supply

    Town Connection

    Contour

    Flat

    Fencing

    Full

    Cylinder Pressure

    Mains

    Sewage

    Mains

    Internet Type

    Fibre

    Items Included In the Sale
    • Fixed floor coverings
    • Light fittings
    • Blinds
    • Wall oven
    • Cooktop x 1
    • Dishwasher
    • Smoke detector(s)
    • Heated towel rail(s)
    • Heat pump(s) x 1
    • Letterbox
    • Removable Bathtub
    • Garden shed x 2
    • Heaters x 1
    • Laundry tub
    • Window treatments (Excluded Chattels: Smart vent ducted but does not work. )
    • We are revolutionising real estate by offering crystal-clear pricing, industry-leading marketing and processes to get you the best possible price on your property.

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