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10/1102 Fenton Street, Rotorua Central, Rotorua, 2 Bedrooms, 1 Bathrooms, Unit

10/1102 Fenton Street, Rotorua Central, Rotorua

Rotorua Central 2 Bedroom Invest or Nest: - Reap the returns

Price by Negotiation
2 Beds
1 Baths
63m² Floor area
UnitListed on Fri Oct 25

Nestled in the heart of the city, this apartment is the perfect retreat for those with a busy lifestyle, offering a convenient lock-and-leave option. With the added comfort of geothermal heating, this 63sqm residence is designed for ease and comfort. The open-plan living area creates a welcoming space, complemented by two generously sized double bedrooms. Positioned on the top floor, this apartment provides glimpses of the nearby lake and scenic surroundings. A well-managed body corporate, ensuring the property remains well-maintained and secure. Step outside, and you'll find yourself just moments from a host of amenities. From vibrant cafes, bars, and restaurants to boutique retail stores and key attractions like the lakefront reserve, Government Gardens, Wai Ariki Hot Springs & Spa, and the Energy Events Centre - everything you need is just a short, leisurely stroll away. Currently tenanted at $550 per week, including one car park, and with great tenants who would ideally love to stay on, this property provides a solid and reliable income stream for the astute investor. With its prime location and low-maintenance appeal, this apartment offers not only immediate returns but also long-term potential.

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Council DataLast update: Jun 25, 2025

Improvement value$215,000Increased by 4% from 2020
Land value$185,000Reduced by -5% from 2020
CV(Jul, 2023)$400,000
View typeNo appreciable view
ContourLevel
Floor area63m²
Decade of construction1970
TitleSA57C/899
Type of titleUnit Title
Legal descriptionUNIT 10 DPS 71315, LOT 2 DP 330428
CouncilRotorua
Estate descriptionSTFH,1/1,UNIT 10 DEPOSITED PLAN SOUTH AUCKLAND 71315
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Average
Roof: Average

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Ref:2451411Last update:2025-06-09 09:51:22