Business
Luxury Oceanfront Apartment in Mount Maunganui Hits Market
An exclusive oceanfront apartment in Mount Maunganui has been listed for sale, attracting attention for its stunning views and unique design. The property, located in the renowned Oceanside Towers, spans an impressive 286 square meters and offers panoramic vistas from **Mauao** to **Moturiki**. Currently valued at **$5.1 million**, this apartment stands out as a significant opportunity in the local real estate market.
The apartment, designated as **8A/8B, 1 Marine Parade**, was created by merging two separate apartments, making it one of the largest offerings in the area. According to **Peter Clarke**, a salesman with **Bayleys**, this property is touted as the most desirable on the market. Clarke emphasized the apartment’s exceptional features, calling it “unique and spectacular.”
As demand for luxury properties continues to rise in Mount Maunganui, this listing is expected to attract both local and international buyers. The combination of its size, views, and prime location enhances its appeal, particularly for those seeking a high-end living experience.
The real estate market in Mount Maunganui has seen various fluctuations in recent years, yet properties like this continue to command significant interest. With a rateable value of **$5.1 million**, the apartment exemplifies the ongoing trend of upscale residential developments in coastal regions.
Potential buyers are encouraged to act swiftly, as properties of this caliber rarely remain on the market for long. The unique characteristics of **8A/8B, 1 Marine Parade** not only reflect the luxury lifestyle that Mount Maunganui offers but also represent a solid investment opportunity in a thriving area.
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