Two Houses on One Title: 8% GY & Development Potential
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58 Sala St, Fenton Park / Whakarewarewa, Rotorua 3 + 2 Beds 2 Bath 136m2 + 91m2
Here we have two houses on one title which are both quite separate from each other with plenty of parking.
With good cashflow, this property also provides "future proofing" for investors who may wish to develop or subdivide later (as always, this is subject to council consent).
Both dwellings are tenanted. The front house is smaller with 3 bedrooms, a carport and further off-road parking.
The rear home is a large 2 +1 bedroom. A lined room attached to the garage is HH compliant so able to be used as a bedroom. There may be further opportunity to create a 4th bedroom with a bit of clever design as the living and dining areas are very spacious.
A registered valuation of $730,000 is available for prospective purchasers to view, and this has plenty of other photos and information.
Located in Whakarewarewa, there is a primary school across the road as well as Scion Research Centre - a large employer. Palmers Garden World is just up the road and the CBD and supermarkets a short walk or drive.
