$975,000

120 Old Taupo Road, Mangakakahi, Rotorua, Bay of Plenty

123m²

1520m²

HouseListed on Wed Jul 31

Mangakakahi 3 Bedroom Versatile Multi-Dwelling in Prime Location

Explore endless possibilities with this extensively upgraded three-bedroom character home, featuring a fully self-contained secondary dwelling and a spacious double garage with a workshop area. This modern multi-dwelling property is perfect for those looking to run a business from home, subdivide, or generate extra income through Airbnb.

With a combined rental and an impressive Airbnb potential, the investment opportunities are exceptional. Located on a generous 1520sqm (more or less) subdividable site on sought-after Waiwhero Street, this property is just a short walk to the CBD and close to schools, making it an ideal choice for families and investors alike.

Don't miss this rare opportunity to secure a property with so much potential. Contact us today to arrange a viewing!

Location

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Council Data

Last update : 2024 12 11

Improvement value$480,000Increased by 52% from year 2020

Land value$470,000Reduced by -14% from year 2020

CV(Year 2023 Month 07)$950,000Increased by 9% from year 2020

DeckYes

View typeFocal Point Of view - Water

ContourLevel

Land area1275m²

Floor area123m²

Decade of construction1949

TitleSA940/298

Type of titleFreehold

Legal descriptionPART LOT 1 DP 36792

CouncilRotorua

Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 36792,1520m2

ConstructionExternal Walls: Mixed Materials
Roof: Tiles

ConditionExternal Walls: Average
Roof: Average

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Rotorua Boys' High School	0.27 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 502	3	Detail
John Paul College	0.96 km	Secondary	7-15	Government	Co-Educational	EQI: 416	7	Detail
Rotorua School	1.20 km	Primary	1-8	Government	Co-Educational	EQI: 520	3	Detail
Rotorua Girls' High School	1.39 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 525	3	Detail
Western Heights High School	2.16 km	Secondary	9-15	Government	Co-Educational	EQI: 492	4	Detail

Property history

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For developers

Unitary plan:-

Land:1520m²

Title:Freehold

Surrounding facilities

Old Taupo Road Neighborhood and Surrounding Data
Old Taupo Road neighborhood is a sub-region located within Mangakakahi city

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
5 Gifford Place, Utuhina	0.50 km	4	2	128m²	Year 2024 Month 11 Day 05	$686,500	Council approved
19 Shirley Street, Mangakakahi	0.80 km	3	2	111m²	Year 2024 Month 11 Day 04	-	Council approved
37 Martin Street, Utuhina	0.43 km	3	1	100m²	Year 2024 Month 08 Day 29	-	Council approved
36 Shirley Street, Mangakakahi	0.46 km	3	1	99m²	Year 2024 Month 08 Day 09	$500,000	Council approved
38 Riverholm Drive, Mangakakahi	0.79 km	3		158m²	Year 2024 Month 07 Day 18	$800,000	Council approved