Listed: Thu, 2 Jul

Land bank with strong returns?

12 Ford Road, Fordlands, Rotorua, Bay Of Plenty

Asking price $375,000

2 Beds
1 Bath
804m² Land

Attribute	Value
Property type	House
Capital value (CV)	$325,000
Agency reference	RT32227
Broadband in the area	Fibre, Satellite, Wireless

Whether you are looking to step onto the property ladder, secure a high-performing investment, or landbank for the future, this freehold property in Fordlands ticks all the right boxes.

Key Features: Proven Rental Value: With a rental history of $490 per week, this property offers an exceptionally strong gross yield potential for investors and a reassuring marker of value for first-home buyers.

Healthy Homes Compliant: There is absolutely no immediate upgrade cost required for current rental standards. Enjoy total peace of mind whether you choose to move straight in or rent it out from day one.

804 sqm Freehold Corner Lot (more or less) : A generous, highly accessible landholding with prominent street frontage, securing substantial underlying land value.

Value-Add Canvas: The existing 2-bedroom cottage has great bones and is perfect for a smart cosmetic refresh. It's the ideal project for first-home buyers wanting to make it their own, or landlords looking to instantly boost equity.

The numbers, the land size, and the location simply make sense. Don't miss this rare opportunity to secure a versatile property with real long-term power.

Price by Negotiation. Contact Luke today for more information or to schedule a viewing. 021 276 2123

Open home times

Sun, 16 Aug
11:30 am to 12:00 pm

Local Schools

IN ZONE John Paul College
Whitworth Road
605 m
Secondary (Year 7-13) (Intermediate & Secondary), State : Integrated, 1123 enrolled
IN ZONE Rotorua Girls' High School
251 Old Taupo Road
1.2 km
Secondary (Year 9-13) (Secondary), State, 681 enrolled
IN ZONE Rotorua Boys' High School
1612 Pukuatua Street
1.5 km
Secondary (Year 9-13) (Secondary), State, 1157 enrolled

IN ZONE Western Heights High School
70 Old Quarry Road
3 km
Secondary (Year 9-13) (Secondary), State, 1180 enrolled
OUT OF ZONE Westbrook School
362 Malfroy Road
669 m
Contributing (Primary), State, 485 enrolled
UNZONED Sunset Primary School
110/170 Sunset Road
846 m
Contributing (Primary), State, 142 enrolled
UNZONED Malfroy School
196 Malfroy Road
870 m
Contributing (Primary), State, 283 enrolled
UNZONED Tkkm O Hurungaterangi
114 Sunset Road
925 m
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 93 enrolled
UNZONED St Michael's Catholic School (Rotorua)
Lisa Crescent
1.7 km
Contributing (Primary), State : Integrated, 95 enrolled
OUT OF ZONE Rotorua Intermediate
83-95 Malfroy Road
1.7 km
Intermediate (Intermediate), State, 644 enrolled
UNZONED Te Rangihakahaka Centre For Science And Technology
Turipuku Campus
2.3 km
Composite (Year 1-10) (Primary, Intermediate & Secondary), State, 94 enrolled
UNZONED Kaitao Intermediate
30 Bell Road
2.4 km
Intermediate (Intermediate), State, 266 enrolled
OUT OF ZONE Rotorua School
1249 Arawa Street
2.5 km
Full Primary (Primary & Intermediate), State, 404 enrolled
UNZONED Te Āhuru Mōwai
1 Mokoia Drive
2.8 km
Teen Parent Unit (Secondary), State
UNZONED Tkkm O Te Koutu
41 Russell Road
3.2 km
Composite (Year 1-13) (Primary, Intermediate & Secondary), State, 353 enrolled
OUT OF ZONE Rotorua Lakes High School
Porikapa Road
6.9 km
Secondary (Year 9-13) (Secondary), State, 710 enrolled

While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.