Back to Tauranga, New Zealand

42 May Street, Mount Maunganui, Tauranga, Bay of Plenty

Tauranga, New Zealand

Guide Price

$1,888,000

3,200,000 NZD

PROPERTY TYPE

house

BEDROOMS

4

BATHROOMS

1

42 May Street, Mount Maunganui, Tauranga, Bay of Plenty - Photo 2
42 May Street, Mount Maunganui, Tauranga, Bay of Plenty - Photo 3
1/16

Description

Positioned in one of Mount Maunganui's most sought after locations, this classic Kiwi bach presents an exceptional opportunity to secure premium land in the heart of the Mount. Set on a generous 739 sqm (more or less) of high-density zoned land, the four bedroom, one bathroom home offers immediate liveability alongside outstanding future potential. With a 22-metre height restriction, this is a compelling redevelopment or land-banking opportunity in an area where

location and land value reign supreme. Step outside and immerse yourself in the Mount lifestyle. Property

Highlights: 739 sqm of high density zoned land 22-metre height restriction - significant future development potential Prime central Mount Maunganui

location Four bedroom, one bathroom classic Kiwi bach Off-street parking Walk to the beach, shops, cafés, and local

amenities Outstanding redevelopment or land banking opportunity From beach walks to boutique shopping, cafés, and local amenities, everything is quite literally at your doorstep-making this one of the most convenient and desirable positions in the area. Whether you're an investor, developer, or visionary buyer, this property is all

about land, location, and long-term upside-a rare chance to secure a substantial holding in Mount Maunganui. Opportunities of this calibre in the Mount are increasingly rare. Secure your place in one of New Zealand's most desirable coastal communities and unlock the potential this exceptional site has to offer. Please contact the Harcourts sales consultants below to arrange a viewing. To request documents please visit Harcourts: https://harcourts.net/L39117008

Location

Open in Google Maps

Living 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
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

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

Theo Smith - Advantage Realty Ltd (Licensed: REAA 2008) - Harcourts, Mt Maunganui

Next steps for moving to New Zealand

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD