[SOLD] Cashflow Positive & Fully Renovated!

16A Gallagher Street, Springfield, Rotorua - $445,600

Top quality tenants looking to rent in this great suburb.


  • Price: $445,600
  • Gross Yield: Potential 6.2%
  • Rental Status: $480 p/w
  • Rent Appraisal: $510 - 530 p/w
  • Written rental appraisal available to potential purchasers
  • Annual Rates: $2,989
  • Estate Type: Crosslease (Freehold)
  • Floor Area: 140m2
  • Land Area: 1/2 share in 835sqm

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About the Property

Set in a quiet dead end street in the heart of Springfield, this property is fully renovated and tastefully designed, ready for new owners.

This suburb is mainly occupied by owners and one of the better areas in Rotorua. Rental homes in this area are extremely hard to come by and keenly sought after by quality tenants looking for a good primary school for their children.

Split level home with open plan living/ dining /kitchen upstairs overlooking the surrounding neighbourhood and two good sized bedrooms upstairs. One of these bedrooms has a ranch sliding door onto a deck.

The upstairs bathroom has a shower over the bath, which is popular for tenants with children. Downstairs is a spacious master bedroom with ensuite, which ranch sliding doors to the outdoor area and an internal access garage.

The home has two heat pumps one upstairs, one downstairs along with a panel heater.

Home is constructed on a concrete block base with upper floor in Hardiplank and an iron roof.

The section is easy care and simple to be maintained by your tenant, with concrete accessway/parking area

(Insulation is currently booked to be completed)


Zoned for Otonga Primary School

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

021 131 6119

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This property is SOLD
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Agent Contact Details

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

021 131 6119

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Debbie has been wonderful to work with. She was professional, thorough and has an inside knowledge about the Rotorua market. On top of this she is willing to share her extensive knowledge with her clients as she is on the side of the investor."