[Done Deal] Multi- Income with Add- Value Potential
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2 Corilin Place, Mangakakahi, Rotorua 4 Beds 2 Bath 179m2
Mel and Mal approached me in search of their first investment property, with a clear objective: securing strong cash flow. They understood that achieving this would require a property with either immediate multi-income potential or development opportunities. With a background in construction, they were also open to undertaking renovations to increase the property's value. Their goal was to leverage the equity gained from this initial investment to continue expanding their property portfolio.
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We started our property investment journey feeling pretty prepared—we’d read the books, done the training, and thought we had a good handle on what to expect. But once we got into the market, we quickly realised how fast things move and how many unexpected challenges come up.
Kara was a huge help in bridging that gap between theory and reality. She kept us focused on the numbers, helped us make informed decisions, and made sure we were always thinking about the bigger picture. Her advice was practical, honest, and based on real experience, which made a big difference for us.
With her support, we purchased a dual-income property on a freehold corner site with two self-contained dwellings. It offered immediate cash flow, add-value potential through renovations, and longer-term subdivision potential thanks to the site layout and zoning. We’re currently in the process of legalising an existing room and adding a third bedroom to further increase returns.
This property has given us a solid start, and Kara’s guidance gave us the confidence to take that first step. We really appreciated her steady approach and clear communication throughout the process. We wouldn’t hesitate to work with her again.
This property represented an exceptional acquisition for my clients seeking high-yield returns, multiple income streams, and the opportunity to create equity through adding bedrooms and renovating.
Set on an e 890m² (more or less) freehold title, the offering two self-contained dwellings on a single title—each with its own private access and gated entry.
The primary residence is a well-proportioned three-bedroom, one-bathroom home featuring an open-plan kitchen and dining area, a separate lounge, and a dedicated laundry. This unit also includes a double garage.
The secondary dwelling is a tidy one-bedroom, one-bathroom unit. There is a second room called labelled as a “store” room on the title. The clients intend to have this as a legal bedroom on the council file. They also plan to add a third bedroom, maximizing cash flow and creating equity.
From day one, the property delivered solid cash flow and value-add potential, enabling my clients to enhance equity through strategic improvements. It was a compelling investment that aligned with their goals of diversification, yield optimization, and long-term capital growth.