[SOLD] Cashflow Cottage

22 Bell Road, Western Heights, Rotorua - $160,350

Amazing yield on a really tidy property, this won't last long.


Highlights:

Property Features: 2br 1ba home

  • Price: $160,350
  • Gross Yield: 9.4%
  • Capital Value: $96,000
  • Rental Status: Vacant
  • Rent Appraisal: $270 - $290 p/w
    Written Rental Appraisal available to potential purchasers
  • Annual Rates: $2068
  • Estate Type: Crosslease (Freehold)
  • Floor Area: 70m2
  • Land Area: 1/2 share in 1045m2

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Additional Information

If you are just starting out and have a minimal budget, here's one tidy property for a great price.

You have a bargain here with very minimal work needed (only cosmetic).

Fibre Cement cladding, 2 bedroom house with Iron roof.

Consisting of:

2 Double bedrooms, the master room is sunny with a double wardrobe.

A newly renovated Kitchen with new blue Formica bench top and stainless steel sink, range hood over oven, pantry, kitchen bar, plenty of cupboard space, lino in good condition, with French doors opening out onto a sunny deck.

Separate laundry off the kitchen with a stainless steel tub.

Very tidy bathroom with a shower over the bath and a large vanity, tidy lino.

Spacious lounge with a compliant fire connected to the wetback, so reduced power costs for your tenants. A quick paint job in the lounge and hallway is all that is required to complete this renovation.

Complete with under floor and ceiling insulation, which is ideal on those cold nights keeping the house warm and dry.

Ample parking with a carport at the rear along with a shed. An added bonus is the extra storage shed off the deck from the kitchen.

This is a very tidy property that only needs some minor cosmetic improvements, curtains and a touch up of paint that can only lighten and freshen it up, and maybe some plants to give some privacy, it could be a future improvement only.

So don't hesitate, with the property market on the move properties like these don't last long.

Amenities

Easy walking distance to nearby schools Kaitao Intermediate, Selwyn School, St Michaels Catholic School, Western Heights High School just to name a few.

QV Report 22 Bell Road Western Heights Rotorua.pdf

Rates File 22 Bell Road Western Heights Rotorua.pdf

Rent Appraisal 22 bell Road.pdf

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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Agent Contact Details

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
021 131 6119

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."