Listing Description
Dual-Home Investment Opportunity in Rotorua
13B Bennetts Road, Koutu, Rotorua, Bay Of Plenty
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | House |
Parking | Double Garage |
Agency reference | ROT31677 |
Broadband in the area |
Description
Overview: Discover an unparalleled investment opportunity! This property features two fully renovated homes on a 1,013 sqm freehold title, perfect for home and income, extended families, or Airbnb
Total Land Area: 1,013 sqm Total Bedrooms: 8 Total Bathrooms: 4 Total Toilets: 5
House 1: Address: 13B Bennetts Road Description: Original 1940s house, fully renovated Bedrooms: 4 Bathrooms: 1.5 (one full bathroom with shower, vanity, and toilet; additional separate toilet room) Amenities: Large kitchen, spacious living area, fireplace, heat pumps
House 2: Address: 13C Bennetts Road Description: Timber-themed house relocated and fully renovated in 2019 Bedrooms: 4 Bathrooms: 3 (one with shower, vanity, and toilet; one with shower and toilet; one with shower and vanity; additional separate toilet room) Amenities: Heat pump, entertainment deck
Special Features:
- Decks and Patios
- Potential to subdivide this property into two freehold titles.
- The instant capital gain (profit) new buyer will have once sub-division is completed.
- Fully furnished investment property.
- Suitable for home and income, extended families, and AirBnB/holiday homes
- Vendor assistance with legal subdivision into two freehold titles (plans ready).
Locality: Located in a prime spot in Rotorua, the property is just down the road from Karenga Park Reserve. It's a short stroll to the lakeside, Rotorua Hospital, cafes, Kuirau Park, and the CBD. The proximity to popular thermal motels makes it an attractive option for holiday rentals.
Investment Potential: This property offers a unique opportunity to own two separate homes on a single freehold title. Ideal for investors or looking to relocate and invest, or for two families wishing to live together while maintaining separate homes. It's better than money in the bank and promises a relaxed lifestyle in this wonderful holiday and lifestyle destination.