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279 Fenton Street, Glenholme, Rotorua, Bay of Plenty, 14 Bedrooms, 13 Bathrooms, Home & Income

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279 Fenton Street, Glenholme, Rotorua, Bay of Plenty

14
13
520m2
809m2
Home & IncomeListed on Fri Aug 16

Glenholme 14 Bedroom An Entire Portfolio

Whether you're seeking steady income streams or long-term capital growth, this collection of prime real estate assets promises exceptional performance and enduring returns. Geothermally heated with its own thermal bore, adds another dimension to this remarkable property.

This portfolio represents the pinnacle of strategic location selection, positioned on a high-profile site. Originally operated as motel accommodation converted to residential apartments. This multi-unit complex can be operated as it is or as a Home and Income, permanent tenants, holiday accommodation or a mix of both.

Featuring a robust solid, two-story structure 13 Units, this investment opportunity is primed for success. Invest with certainty and peace of mind.

Location

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Council Data

Last update : 2025 02 19
Improvement value$2,090,000Increased by 33% from year 2020
Land value$455,000Reduced by -24% from year 2020
CV(Year 2023 Month 07)$2,545,000Increased by 17% from year 2020
View typeNo appreciable view
ContourLevel
Land area809m²
Floor area520m²
Decade of construction1970
TitleSA857/128
Type of titleFreehold
Legal descriptionLOT 57 DP 2865
CouncilRotorua
Estate descriptionFSIM,1/1,LOT 57 DEPOSITED PLAN 2865,809m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Glenholme School
0.71 km
Primary
1-6
Government
Co-Educational
EQI: 486
3
Rotorua Intermediate
0.86 km
Secondary
7-8
Government
Co-Educational
EQI: 500
3
Rotorua Girls' High School
1.32 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 525
3
Rotorua Boys' High School
1.75 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 502
3
John Paul College
2.12 km
Secondary
7-15
Government
Co-Educational
EQI: 416
7
Western Heights High School
4.13 km
Secondary
9-15
Government
Co-Educational
EQI: 492
4
Rotorua Lakes High School
4.41 km
Secondary
9-15
Government
Co-Educational
EQI: 471
5

Property history

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Surrounding facilities

Fenton Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6c Seddon Street, Glenholme
0.08 km
2
145m2
Year 2024 Month 10 Day 07
$555,000
Council approved
13 Grey Street, Glenholme
0.18 km
8
2
299m2
Year 2024 Month 09 Day 24
$880,000
Council approved
16c Grey Street, Glenholme
0.24 km
3
120m2
Year 2024 Month 09 Day 17
$540,000
Council approved
18c Seddon Street, Glenholme
0.22 km
2
1
90m2
Year 2024 Month 08 Day 28
$535,000
Council approved
9b Robertson Street, Glenholme
0.23 km
3
230m2
Year 2024 Month 08 Day 27
$700,000
Council approved

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Ref:ROT31731Last update:2024-09-19 12:05:47