Bay home breaking records

A Mt Maunganui waterfront home has set a record for the beachside suburb with a $6.2 million sale.

The stunning home on one of the most coveted locations along Ocean Beach Rd has an infinity pool that flows to breathtaking 180-degree views over the water.

The 888sq m three-level home on 1027sq m of land sold in November.

Jeremy O’Hanlon from home data website Homes.co.nz said the sale had broken the previous record of $5.7m on the same street.

“While this sort of price doesn’t stand out significantly in Auckland hot spots like Takapuna or Herne Bay, there are very few valued near this in Tauranga.”

O’Hanlon said properties in similar land size in Takapuna sold upwards of $11m.

He said despite reports of pricedout Aucklanders moving to the Mount and Tauranga and pushing up values, there were still beachfront bargains to be had.

“The Mount offers great value waterfront when compared to Auckland Central’s $4m-plus average,” O’Hanlon said.

According to QV data, Auckland has four suburbs with an average value of more than $2m: Herne Bay, St Marys Bay, Remuera and Stanley Point on Auckland’s North Shore.

The Mt Maunganui home has three contemporary kitchens, one for each level and garaging for seven cars.

The Bayleys agent who sold the property described it as having “breathtaking views from every living space”.

In her marketing of the property, agent Sharon Hall said it had a top floor dedicated to entertainment with a media room and indoor pool and spa.

“Catering for guests and family is a breeze; once they arrive, it’s quite possible they won’t want to leave.”