Sold Fairy Springs · Rotorua

Dual Income, Development Potential

11 Isobel Place, Fairy Springs, Rotorua

  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car parking
  • 1,062m2 Land area
  • Freehold Estate type
  • $1,050pw Rental appraisal

Description

Attention investors – this is the opportunity you’ve been waiting for! A rare dual-income property offering solid returns from day one, with the added bonus of future development potential.

Set on a 1062m2 more or less, this property features two self-contained dwellings currently rented at $570 and $480 per week, bringing in a gross yield of 7%. Both tenancies are in place with reliable tenants happy to stay on, providing immediate income and peace of mind.

Each home is well-presented and low-maintenance, with separate access and private outdoor areas—ideal for long-term tenancy appeal. The layout and size of the section also present a fantastic opportunity to explore the possibility of adding a third dwelling or minor unit, subject to council approval.

Located in a growth area close to schools, shops, and transport links, this is a smart investment with strong rental demand and exciting future upside.

Secure your foothold in a high-performing market—properties like this don’t come up often!

Call Kara today at 021 025 97042 for your private viewing or more information.

Property details

Bedrooms
4
Bathrooms
2
Car parking
2
Floor area
130m2
Land area
1,062m2
Estate type
Freehold
Rental status
Tenanted
Rental appraisal
$1,050pw
Rates
$6,399.55

Location