38 May Street, Mount Maunganui, Tauranga, Bay of Plenty
Tauranga, New Zealand
Guide Price
$1,283,250
2,175,000 NZD
PROPERTY TYPE
townhouse
BEDROOMS
3
BATHROOMS
3
Description
Postmaster is a boutique three townhouse development located in the heart of downtown Mount Maunganui designed for beach living, lock up and leave convenience and potential income. Offering modern coastal living, the development has been thoughtfully conceived for those seeking a low maintenance lifestyle without compromise - whether as a permanent home, a coastal retreat or an opportunity for holiday letting. Designed by award winning architects and to be built by acclaimed award winning builders, Postmaster delivers enduring quality, considered design and confidence in construction. Link to Postmaster Specification Booklet: https://www.flipsnack.com/AE87E87A9F7/postmaster-specification-booklet Townhouse One - $2,425,000 2 bedrooms | 2 bathrooms | 1 living | 1 car Approx. land area: 114m² | Approx.
floor area: 151m² Full lift connecting all levels Separate off street access for added privacy Flexible floorplan options available prior to working drawings Townhouse Two - $2,175,000 3 bedrooms | 3 bathrooms | 1 living | 1 car Approx. land area: 81m² | Approx.
floor area: 167m² Lift provision for future installation Ground floor self contained guest suite with ensuite and kitchenette Private landscaped courtyard Townhouse Three - $2,275,000 3 bedrooms | 3 bathrooms | 1 living | 1 car Approx. land area: 99m² | Approx.
floor area: 167m² Lift provision for future installation Ground floor self contained guest suite with ensuite and kitchenette Private landscaped courtyard Each residence
features a designer kitchen with premium finishes, engineered timber flooring in living areas and premium carpet in bedrooms and lounge. Enjoy fully tiled bathrooms, a north facing deck, LED lighting and a heat pump for year round comfort. Additional
highlights include an internal access garage, built-in wardrobes, a dedicated laundry, landscaped outdoor areas and construction designed to meet New Zealand Building Code and acoustic standards. Construction is scheduled to begin in September 2026. Secure your opportunity now with a 10% deposit. For more information contact Mel Taylor on 022 049 1552 today.
Location
Open in Google MapsLiving in Tauranga
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Mel Taylor - Collab Realty Ltd (Licensed: REAA 2008)
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD