[SOLD] Immaculate Rental Home, Watch the Tenants Queue up for this

8C Amethyst Place, Pukehangi, Rotorua - $225,695

Looking for a no fuss rental property that will attract the best tenants, that needs no maintenance work for a great price and good yield?

Look no further than this gem!


Highlights:

  • Price: $225,695
  • Gross Yield: Potential 8%
  • Capital Value: $138,000
  • Rent Appraisal: $330 - $350 p/w
    Written Appraisal available to potential purchasers
  • Annual Rates: $2,140
  • Estate Type: Crosslease (Freehold)
  • Floor Area: 90m2
  • Land Area: 1/3 Interest in 1572m2

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Additional Information

The current vendor of this home has owned and tenanted this property for 17 years and now wants to retire. Currently the home is undergoing a COMPLETE renovation. This house has been totally stripped bare and will be completely refurbished to brand new condition.

Brand new kitchen with new flooring, new appliances including under bench oven, electric cook top, dishwasher and range hood. The lounge will have brand new carpet, new curtains and features a corner window. There are three good sized bedrooms all completely repainted with new carpet and drapes and the bathroom will have all new amenities, paintwork and flooring.

The exterior is hardiplank and has been repainted and the corrugated iron roof will be repainted before settlement.

There is a brand new driveway to complete the immaculate presentation of this home. Currently there is a double garage and garden shed in the back yard, with possible potential to convert part of the garage into a sleepout (subject to council consent). The grounds are fully fenced and the gardens and lawns are extremely tidy.

The only addition you will need to add is some form of heating, either heat pump or fireplace (hot water cylinder is wetback ready).

Our photos are taken during the renovation as the owner wants this sold as soon as possible, home will be completed by 16th October as they want to go overseas..

Although on a cross-lease section this home has its own driveway and for all intents and purposes looks as if it is on its own site.

With the current shortage of three bedroom homes in Rotorua, this property will tick all the boxes with good tenants willing to pay a bit more than market rent to live in a pristine home.

Both properties on the cross-lease have recently sold and will have new owners to care for them. The price of this home is a little more expensive than these however, less expensive than buying at a cheaper price and renovating.

All the work will have been completed to a very high standard and there will be no need to invest any further money on maintenance for a very long time.

Amenities

Pukehangi is a popular area with tenants, it is handy to many schools and bus route to the city. Currently there is a huge shortage of rentals in the city and rents are rising accordingly.

This is a nice quiet dead-end street with homes both rented and owner occupied. There is a good pool of people to choose from when looking for your next tenant and we have a property manager who has managed the property for years waiting to help you find your next tenant.

Debbie Van Den Broek
Licensed Salesperson - REAA 2008

debbie@ifindproperty.co.nz
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

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."