Positioned in the absolute heart of Mount Maunganui, 5 Pitau Road presents a compelling acquisition for developers, land-bankers, and visionaries seeking premium coastal real estate with genuine upside.

Held by the same family for over 50 years, this classic two-bedroom cottage sits on a highly strategic site just moments from Pilot Bay, Mount Main Beach, and the Mount township. This is one of the most walkable and desirable pockets in the Mount where demand is relentless, supply is constrained, and completed projects command top-tier values.

From a development perspective, the fundamentals are exceptional:
• Unbeatable proximity to beaches, cafés, retail, harbour access, and tourism infrastructure
• Flat, usable land in a proven high-demand zone
• New zoning provisions allowing development for multiple storeys (subject to council consent)
• Strong appetite for apartments, townhouses, and mixed-use coastal living in this exact location

This is the kind of site developers actively compete for walking distance to everything, with future-proofed density allowances and a location that sells itself.

The existing home offers holding income or short-term use, but the real value lies in what comes next. Whether your strategy is redevelopment, land-banking, or a premium coastal project, this is a site that justifies immediate action.

Sites like this do not come back to market often and when they do, they are secured quickly.

5 Pitau Road location locked, zoning unlocked, opportunity unmatched.

Contact Patrick or Jerandy today to arrange your private viewing or discuss the development potential in more detail.