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1359 Eruera Street, Rotorua, Bay of Plenty, 10 Bedrooms, 6 Bathrooms, House

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1359 Eruera Street, Rotorua, Bay of Plenty

10
6
343m2
1012m2
HouseListed on Tue Nov 14
$7,456/Monthly repayments
Based on estimate value
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Rotorua Central 10 Bedroom Multiple Income Investment

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.

Location

Estimate update: 2024 05Data Disclaimer
Low$1,215,000
Mid$1,255,000
High$1,295,000

Estimate accuracy

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Council Data

Last update : 2024 05 29
Improvement value$1,060,000Increased by 28% from year 2020
Land value$525,000Reduced by 0% from year 2020
CV(Year 2023 Month 07)$1,585,000Increased by 17% from year 2020
景色
景色No appreciable view
坡度
坡度Level
土地面积
土地面积1012m²
建筑面积
建筑面积343m²
地契编号
地契编号SA666/243
地契类型
地契类型Freehold
法律描述
法律描述SECTION 33 TN OF ROTORUA
市议会
市议会Rotorua
产权描述
产权描述FSIM,1/1,SECTION 33 BLOCK LXIV TOWN OF ROTORUA,1012m2
建筑规格
建筑规格External Walls: Concrete Roof: Mixed Materials
建筑现况
建筑现况External Walls: Average Roof: Average

School zones

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

Property history

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For developers

Unitary plan:-
Land:1012m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone
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Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
67B Elizabeth Street
0.54 km
3
1
150m2
Year 2024 Month 05 Day 28
-
Council approved
1406C Pukuatua Street
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
1/14 James Street
0.53 km
2
1
90m2
Year 2024 Month 02 Day 02
-
Council approved
76 Pererika Street
0.67 km
3
785m2
Year 2024 Month 01 Day 18
$750,000
Council approved

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Ref:ROT31220Last update:2024-05-15 15:30:43