Huge Potential just a Stone's Throw from the Lake!


The first thing that hits you is the section size - a huge 1,678 m2. Current Rotorua Lakes Council regulations state you need 450m2 to subdivide so there is the potential to add 2 extra dwellings on a flat easy access site.

The existing property is a 1970's bungalow in good condition at set to catch the sun beautifully. It has three double bedrooms with spacious open plan living area complete with a compliant freestanding fireplace. Perfectly ready to move tenants in.

The kitchen has recently refaced cupboards and bench top was renewed recently so modern and easy care.

The bathroom has a brand new toilet, tidy but original vanity and large shower. The bathroom ceiling just needs a paint and a ventilation fan.

The house is well sited at the front of the section leaving a huge vacant area at the rear of the property, with the potential of adding 2 extra dwellings subject to council consent. The old garage has been lined and insulated and could make a good hobby room or with council consent a sleep out for a teenager and bring in extra rent of about $30 - $40p/w.

The driveway is gravel and the property would be greatly improved by adding a sealed drive.

Being about 100m from Lake Rotorua, just a short flat walk from this home with lovely lake views from the gate. If this wasn't enough the Rotorua city is 2 minutes drive or an easy 15 minute walk passing Rotorua Hospital on the way.

There is a significant amount of new development happening in this area of Rotorua with many large hotels earmarked in the area and a large site nearby that appears to be owned by a housing company. With a large number of quality homes nearby as well as the possible new housing developments this home will be set in an area about to be gentrified. This property screams opportunity!

  • Estate type: Freehold
  • Rental status: Vacant
  • Rental appraisal:$380 - $400 p/w
    Written Appraisal available to potential purchasers
  • Floor area: 100m2
  • Land area: 1678m2
  • Bedrooms:
  • Bathrooms: 
  • Car parking:
  • Rates: $2,482

Lake Rotorua, Rotorua Hospital, Aquatic Centre, Kuirau Park, Skate Park; CBD, Weekend Markets

  • $299860
  • Gross yield: Potential 6.8%
  • Rental appraisal: $380 - $400 p/w Written Appraisal available to potential purchasers
  • Annual rates: $2,482
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