Back to Tauranga, New Zealand

1/146 Spring Street, Tauranga Central, Tauranga, Bay of Plenty

Tauranga, New Zealand

Guide Price

$478,500

825,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

3

BATHROOMS

2

1/146 Spring Street, Tauranga Central, Tauranga, Bay of Plenty - Photo 2
1/146 Spring Street, Tauranga Central, Tauranga, Bay of Plenty - Photo 3
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Description

LIVE ON THE TOP FLOOR AND GROSS $40,000 AIRBNB ON THE MIDDLE FLOOR! (calendar 2024 figures) If you crave CBD living, with fantastic views and sun, sun, sun then you must check out this iconic Tauranga apartment. This north facing three storey block and brick unit attracts all day sun and 270 degree views of the city and Waikareao Estuary. Featuring two storeys of living, each level has bedroom/s, kitchen, lounge and bathroom, with significant storage too. The middle floor has an office (currently set up as an extra bedroom) and sunroom, and the top floor has an open deck, perfect for that summer BBQ. The shared vestibule accesses both storeys, each separately lockable and self-contained, so your family accommodation options are many. The current owner lives in the top floor and rents the middle floor through AirBnB. Proof of a gross annual rental income in excess of $40,000 per annum is available on request. The unit comes with its own ground floor garage and parking space immediately in front of the garage. Parts of the unit are freshly painted, with new balustrades, hot water cylinder, carpets, and blinds. Six other units comprise this stratum freehold 1888sqm (approx.) complex, at the end of a quiet cul-de-sac. The self-governing, relatively low cost, Body Corporate takes care of the garden maintenance and insurances. The neighbours are a friendly mix of owner occupiers and tenants. The Body Corp recently upgraded the concrete driveway and parking apron, fencing and brand new stormwater drainage. A short stroll gets you into Tauranga's CBD with a myriad of cafes, bars, restaurants, shops, waterfront park, educational, civic and entertainment facilities. You are a short drive to Mount Maunganui, the airport, Memorial Park, Greerton and The Lakes. The vendor is upping sticks and moving to Australia, so is highly motivated to get this SOLD. Please contact the Harcourts sales consultant below to arrange a private viewing, as no open homes are scheduled. To view property documents in relation to this property, please visit: https://harcourts.net/L26040643

Location

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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

Kelvin Clout - Advantage Realty Ltd (Licensed: REAA 2008) - Harcourts, Tauranga

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