The Calais Resort Apartments are in a hard to beat location with Mauao and the Mount hot pools across the road, the main Mount beach and Tauranga's scenic harbour only a short stroll away. But it has weather-tight issues and a major remedial project is scheduled to start in July 2020. This is your opportunity to invest in one of the Mount's prime locations at under market value! Yes, the building will go under plastic and you will have to pay for the apartment's share of the remedial work, but the wait is sure to be worth it!
Apartment 309 is situated on the top floor and is one of the larger apartments with two double bedrooms, open plan living and a conservatory/come third bedroom. The kitchen is spacious and well-appointed, there is one bathroom and the laundry is separate. The apartment comes with a single carpark in the basement garage, along with a storage cage for bikes, surf boards or extra household storage.
Whether buying as a permanent or holiday home you'll appreciate the position within walking distance to the beach, good food and good shopping! On-site managers make it an easy investment.
Our elderly vendor is reluctantly selling his home of the past 20 years.
Apartment Size: 110m2
Body Corporate Fees per annum: $6,422
Rateable Value at 1/7/2018: $445,000
Rates per annum: $2,315
20th April 2020 - Either the full amount or 10% of the remedial levy to be paid - 1st Instalment
20th May 2020 - 45% of the remedial levy to be paid - 2nd Instalment
20th June 2020 - 45% of the remedial levy to be paid - 3rd and final Instalment
1st July 2020 - Proposed start date for the building work to begin
14 months - the estimated length of time for the rebuild.
To access property documents, copy and paste: www.propertyfiles.co.nz/property/MTM10607