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1B Riverholm Drive, Mangakakahi, Rotorua, Bay of Plenty, 2 Bedrooms, 1 Bathrooms, House
New

$590,000

1B Riverholm Drive, Mangakakahi, Rotorua, Bay of Plenty

2
1
75m2
300m2
HouseListed on Thu Dec 12
Near NewMost Popular

Mangakakahi 2 Bedroom Modern, Stylish & Functional

Cleverly crafted in September 2021. Masonry and steel construction, astutely designed, delivers a solid durable home. The precast concrete panels, timber and steel framing combined with Thermospan insulation panels, gives superior warmth while assisting with noise cancelling properties. Natural light floods the interior through the floor to ceiling, north facing, sliding doors maximising the winter sunlight hours. The three metre high stud complements the surprisingly spacious home gracefully flowing to a private courtyard. Previously purchased as an investment property, with an immaculate tenant in place, currently returning $570 pwk on a fixed term tenancy. Our owner now has another demanding project ahead. Invest in Rotorua, our region is a playground renowned for its outdoor activities and recreational pursuits. This property lends itself well to living, tenanting or Airbnb options.

Location

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Council Data

Last update : 2024 12 11
Improvement value$190,000Reduced by -17% from year 2020
Land value$235,000Increased by 56% from year 2020
CV(Year 2023 Month 07)$425,000Increased by 11% from year 2020
View typeNo appreciable view
ContourLevel
Land area300m²
Floor area75m²
Decade of construction2022
Title994566
Type of titleFreehold
Legal descriptionLOT 2 DP 561715
CouncilRotorua
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 561715,300m2
ConstructionExternal Walls: Concrete
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

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

Property history

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For developers

Unitary plan:-
Land:300m²
Title:Freehold

Surrounding facilities

Riverholm Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

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

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Ref:ROT31946Last update:2024-12-13 15:05:58