7.1% Return. Attention Investors and Developers. 1780 sqm s

Here is a great opportunity to add value to this huge piece of land of 1780 square metres, by adding another dwelling, subject to Council approval. Already on the land is a four bedroom house, a two bedroom Unit and a one bedroom Unit, but room for more on the section.
All are currently rented, returning $710 per week in total.

Opposite is the popular local shopping centre and the Medical Centre is next door. Close to local schools and local transport. A great package with potential for a greater return.


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Main Property Features

Listing Number: RT190913

Land Size:
1780 sqm
Property Type:
Unit
Roof:
Iron
Tenure:
Freehold
Construction:
Weatherboard
Joinery:
Timber
Flooring:
Vinyl and Carpet
Chattels remaining:
Fixed floor coverings, Light fittings, Drapes, Upright Stove x3
Living area:
Open plan
Views:
Urban
Aspect:
North
Fencing:
Fully fenced
Land contour:
Flat to sloping
Grounds:
Tidy
Water heating:
Electric
Water supply:
Town supply
Sewerage:
Mains
Locality:
Close to schools, Close to shops, Close to transport
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Harcourts Rotorua

ETB Realty Ltd

Licensed REAA 2008

1198 Whakaue Street
Rotorua
Office website or View office details

Property Location