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33A Kawaha Point Road, Kawaha Point, Bay of Plenty, 2 Bedrooms, 1 Bathrooms, Unit

$435,000

33A Kawaha Point Road, Kawaha Point, Bay of Plenty

2
1
1
109m2
UnitListed on Tue May 21

Kawaha Point 2 Bedroom Opportunity Knocks-Investors Or First Home Buyers Take Note

The vendor is very motivated to sell which brings a fantastic opportunity for a first home buyer or investor. With a CV of $520,000 and the great condition of the property, the asking price represents value for any buyer. The property also holds potential value with the front section being a great size opening up dreams of another dwelling (if permitted), gardens or parking for a caravan or boat.

Inside you walk onto the covered veranda where a well sized sun room is adjacent ideal as an art, hobby, man cave or play room. Inside the kitchen, dining and living area blend well together in a modern style. This is heated via heat pump and has had updates over the years to carpet and paint. Both bedrooms are good doubles plus the main bedroom has its own heat pump for extra comfort. The bathroom and separate WC have also had updates with no work needed for a new owner.

Plus to top of this property you have an internal garage that backs onto the laundry.

As a rental this is currently rented for $530 per week ( increasing to $560) creating a gross return of 6.34 +% which is a solid return as an investment.

If you have been looking for a while and want to buy a property in good condition that you can potentially add value in the years to come, this property may be the one for you. Contact me for more information or see you at the open home.

Disclaimer:

Please be aware that this information has been sourced from third parties. View our property information disclaimer here: mikepero.com/property-disclaimer/

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Council Data

Last update : 2025 01 29
Improvement value$310,000Increased by 19% from year 2020
Land value$210,000Increased by 7% from year 2020
CV(Year 2023 Month 07)$520,000Increased by 14% from year 2020
DeckYes
View typeNo appreciable view
ContourLevel
Floor area109m²
Decade of construction1970
TitleSA33A/929
Type of titleCross-Lease
Legal descriptionFLAT 1 DPS 37711, LOT 20 DP 23321
CouncilRotorua
Estate descriptionFSIM,1/2,LOT 20 DEPOSITED PLAN 23321,1011m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Western Heights High School
0.99 km
Secondary
9-15
Government
Co-Educational
EQI: 492
4
Rotorua Boys' High School
2.87 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 502
3
John Paul College
3.40 km
Secondary
7-15
Government
Co-Educational
EQI: 416
7
Rotorua Girls' High School
4.03 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 525
3

Property history

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Surrounding facilities

Kawaha Point Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
48 Kawaha Point Road, Fairy Springs
0.17 km
3
1
90m2
Year 2025 Month 01 Day 09
$540,000
Council approved
101b Fairy Springs Road, Fairy Springs
0.25 km
2
1
68m2
Year 2024 Month 11 Day 08
$412,500
Council approved
10 John Road, Fairy Springs
0.17 km
3
1
94m2
Year 2024 Month 10 Day 15
$545,000
Council approved
15 Kawaha Point Road, Fairy Springs
0.14 km
2
1
111m2
Year 2024 Month 08 Day 22
$535,000
Council approved
22 Fenruss Street, Fairy Springs
0.18 km
3
140m2
Year 2024 Month 08 Day 09
$480,000
Council approved

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Ref:RX3973467Last update:2024-10-09 15:11:09