Sold Rotorua Buyers Agency

Off Market Multi-Income

Fairy Springs, Rotorua

Deal won through Buyer’s Agency

We bought this one for a client.

We had the pleasure of helping one of our long-term Buyer’s Agency clients secure a fantastic multi-income property, and the entire process was a reminder of how powerful prompt communication and a strong working relationship can be.

From the very first conversation right through the due diligence period, this buyer was proactive, responsive, and engaged. With my support as their Buyer’s Agent, we navigated each step seamlessly.

This purchase marks their fourth rental in their growing Rotorua portfolio. It’s always a privilege to work with clients who trust the process, communicate well, and understand the value of acting quickly when the right opportunity appears

Book a 20-minute strategy call

In the client’s words

This is the second Rotorua property that we’ve bought with the help of Kara from the iFindProperty team.

At the time, while we had a mortgage pre-approval in place, I was not actively searching for a property due to my very busy work and family schedule. However, I did have my eye on the newsletters from iFindProperty, and when I saw an interesting high-yield property pop up, I decided to get in touch. Kara then sent through further property details, which continued to look good to me.

As the vendor was selling privately, they only wanted to deal with clients who had a contract in place. Once we were satisfied with the property's details on paper, Kara helped negotiate and put through a sale and purchase contract with a strong due diligence clause, which would have allowed us to pull out at any time for any reason if we felt something wasn’t right.

Once signed, she helped arrange a good viewing time with the vendor and current tenants, and also arranged the building inspector. Because it was a private sale, the bank also wanted to send over a registered valuer to confirm that the purchase price was fair, and Kara helped communicate and arrange a viewing time for them.

On the arranged viewing day, we set off from Auckland and arrived at a Rotorua experiencing extremely heavy rain, apparently one of the heaviest Rotorua has seen in a while. While the property itself was in great condition, the heavy rain did allow us to observe some pooling around the property which I felt was a little concerning. After we left, Kara helped suggest a suitable local drainlayer who was able to inspect the property and give the all-clear, just noting that, fortunately, only minor fixes would be required to fix pooling on the rare days with extreme rain.

From there we went on to complete the rest of the due diligence without issue and finally go unconditional.

Thank you, Kara, for making the property investing process so easy and for helping get two great properties in our portfolio
A Buyer’s Agency client
Rotorua · sourced by Kara Niles
  • 4 Bedrooms
  • 2 Bathrooms
  • 4 Car parking
  • 1011m2 Land area

Description

These two 2-bedroom units were brought exclusively to us thanks to our strong brand reputation and the trust we’ve built with local owners. The vendor approached us privately, confident that we would have the right buyer already within our network and that the process would be handled professionally and discreetly.

Located in a highly central and sought-after area, the property offers excellent convenience for tenants with close access to key amenities, transport, and Rotorua’s main hubs. Its location alone makes it a solid long-term investment, appealing to a wide range of renters.

A major highlight of this opportunity is the presence of well-established, reliable tenants. Their stability provides immediate income security for the new owner and removes the usual pressures associated with finding and placing tenants.

Altogether, this property represents a rare combination of central location, secure tenancy, and high returns of 7% gross yields.

Property details

Bedrooms
4
Bathrooms
2
Car parking
4
Floor area
203m2
Land area
1011m2
Rental status
$1,000
Rates
$6,309.91

Location