Sold Rotorua Buyers Agency

Under $300k and 8.4% Yield in 2025

Rotorua Central, Rotorua

Deal won through Buyer’s Agency

We bought this one for a client.

The client had a budget of $300,000 and wanted a cashflow positive property from day one. He wanted to buy under value and have equity available to release into his next investment property.

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In the client’s words

It was a pleasure working with Kara and iFindProperty. They made investing in property straightforward, seamless and stress-free.

Mark Whittaker

A Buyer’s Agency client
Rotorua · sourced by Kara Niles
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Car parking
  • Crosslease (Freehold) Estate type
  • $475per week Rental appraisal

Description

This property was valued at $340,000 so there is $46,000 worth of equity at the time of purchase. We jumped on this opportunity for them as soon as it come up. My client was willing to a renovation to achieve an outcome, but happily in this case it was not required. It has a gross yield of 8.4%.

Property details

Bedrooms
2
Bathrooms
1
Car parking
1
Floor area
72m2
Estate type
Crosslease (Freehold)
Rental appraisal
$475per week
(Verbal rental appraisal - TBC in writing)
Rates
$3,915.93

Location