"GREAT LOCATION AND POTENTIAL.

Address: 9 Beachwater Drive,

Area: Royal Palm Beach, Mt Maunganui/Papamoa,

Region: Bay of Plenty,

Country: New Zealand,

Lot size: 3,269 m� (0.81 Acres, 0.33 Ha).

A unique opportunity to secure this extremely desirable 3269m� residential lifestyle land situated approximately 185 metres to Fashion Island which is right beside a large Centa Max shopping centre featuring many different shops and bordering a large reserve. It is also just a short walk to Restaurants, Medical facilities, Chemists, Woolworths Supermarket, The Warehouse, Library/Community Centre, McDonalds as well as approx. just 1070 metres to the beautiful Papamoa Main Beach (10-15 minutes walk) and approx. 10 minutes drive to the world famous Mount Maunganui Main Beach as well as golf courses, rugby and football fields, tennis courts, schools etc. Surrounded by quality homes and with established Yucca's, Ponytails and large Palm Trees, this is without a doubt a property that absolutely MUST be viewed, as Papamoa is one of the greatest Capital Growth areas in New Zealand and has one of the best (if not the best) climates in New Zealand.

Also one of the best and cheapest supermarket chains in New Zealand, PAK'nSAVE, just started building its new supermarket in Papamoa, about 3 minutes walk from this plot. It increases the values of local properties even more.

This property is also fully sub-dividable within 10 years into 5-7 totally separate lots, subject only to standard Council Approval. The current, developer imposed covenants fully expire at the beginning of year 2020.

This land is great to build one large residence on it straight away and still have enough land left to subdivide and sell off later, or just treat it as an investment or retirement fund and subdivide everything in 10 years time."