New Zealand
English
Type and search...
40 Bell Road, Western Heights, Bay Of Plenty, 7 Bedrooms, 2 Bathrooms, House

Negotiation

40 Bell Road, Western Heights, Bay Of Plenty

7
2
3
204m2
954m2
HouseListed on Fri Jun 14

Western Heights 7 Bedroom Rental Investor Alert! Home & Income Alert!

This freehold title property boasts two free-standing houses both presenting in tidy condition.Here is a golden opportunity to consider the dual rental income, home & income, or extended family options on offer.The dual rental income scenario is generating a combined annual income of $64,220! With the front home currently rented at $585 per week and generating an annual rental income of $30,420 p.a. And the rear home currently rented at $650 per week and generating an annual rental income of $33,800 p.a. This is a turnkey high yield rental investment opportunity.Alternatively, you could live in one and rent the other, enjoying a rental income stream whilst you relax into your lifestyle.This property is also a perfect fit for those looking to accommodate an extended family scenario too.The front house is lovely with 3 good-sized bedrooms, a cosy lounge and galley kitchen. The lounge has a wood burner to keep you warm and toasty over the cooler months. The bathroom is nice and modern with a shower over the bath, and there is a second toilet in the laundry. The living area opens nicely to a sunny north facing deck within easy reach of the carport, and the rear yard is already fully fenced.The rear house is light and bright with 4 good sized bedrooms, a lovely light colour scheme, a modern kitchen and a handy carport. The lounge is warm and cosy with a heat pump for year-round comfort, and just the right amount of space. The open plan kitchen is well designed with space for all the essentials, modern appliances and lots of natural light. The family bathroom has a shower over the bathtub, vanity and toilet. Plus, there is the added bonus of a second separate toilet.Contact Wayne or Veena for more property and tenancy related information and inquiries re viewing – you will be glad you did!

Location

Council Data

Last update : 2024 07 03
Improvement value$460,000Increased by 16% from year 2020
Land value$215,000Increased by 13% from year 2020
CV(Year 2023 Month 07)$675,000Increased by 15% from year 2020
View typeNo appreciable view
ContourEasy/Moderate Fall
Land area953m²
Floor area229m²
Decade of construction1960
TitleSA1482/28
Type of titleFreehold
Legal descriptionLOT 12 DPS 4518
CouncilRotorua
Estate descriptionFSIM,1/1,LOT 12 DEPOSITED PLAN SOUTH AUCKLAND 4518,954m2
ConstructionExternal Walls: Unknown Roof: Unknown
ConditionExternal Walls: Unknown Roof: Unknown

School zones

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

Property history

Need Login
Please login

For developers

Unitary plan:-
Land:954m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
33b Brookland Road
0.22 km
3
1
100m2
Year 2024 Month 05 Day 20
-
Council approved
27 and 27a Park Road
0.25 km
3
2
150m2
Year 2024 Month 04 Day 29
-
Council approved
49
0.08 km
7
3
-m2
Year 2024 Month 04 Day 10
$1,020,000
Council approved
21 Brookland Road
0.42 km
3
1
90m2
Year 2024 Month 02 Day 21
$495,000
Council approved
0.26 km
3
1
83m2
Year 2024 Month 01 Day 21
$651,000
Council approved

You may like

Ref:7897Last update:2024-07-07 00:50:40