Award winning, perfectly positioned, here is the ultimate package. A high yield investment in the heart of the city, sitting on a large site of 1012sqm [approx], zoned Residential. A major renovation, cleverly designed with modern features was undertaken in 2015 to be able to deliver six separate units with six separate incomes. Care has been taken around choosing similar tenants for a marriage made in heaven. The units are well presented and Healthy Homes Compliant. Return on Investment is $119,080 annually. The location unites with other amenities you would expect in a central location. Comprising of two one-bedroom units and four two-bedroom units. Land bank for future gains with mature low maintenance, long term tenants. Viewings by appointment only, virtual tours available on request.
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
---|---|---|---|---|---|---|---|---|
Rotorua School | 0.54 km | Primary | 1-8 | Government | Co-Educational | EQI: 520 | 3 | |
Rotorua Intermediate | 0.65 km | Secondary | 7-8 | Government | Co-Educational | EQI: 500 | 3 | |
Rotorua Boys' High School | 0.70 km | Secondary | 9-15 | Government | Single Sex-Boys | EQI: 502 | 3 | |
Rotorua Girls' High School | 1.20 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 525 | 3 | |
John Paul College | 1.46 km | Secondary | 7-15 | Government | Co-Educational | EQI: 416 | 7 | |
Western Heights High School | 2.98 km | Secondary | 9-15 | Government | Co-Educational | EQI: 492 | 4 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.54 km | 3 | 1 | 150m2 | Year 2024 Month 05 Day 28 | - | Council approved | ||
0.90 km | 3 | 3 | 120m2 | Year 2024 Month 02 Day 15 | $630,000 | Council approved | ||
0.58 km | 0m2 | Year 2024 Month 02 Day 09 | $460,000 | Council approved | ||||
0.53 km | 2 | 1 | 90m2 | Year 2024 Month 02 Day 02 | - | Council approved | ||
0.67 km | 3 | 785m2 | Year 2024 Month 01 Day 18 | $750,000 | Council approved |