Units/Flats For Sale in Fordlands, Rotorua, Bay Of Plenty | For Bay Of Plenty Real Estate, Choose Eves

Rotorua, Fordlands 83A Ford Road

$317,000

Affordable Home or Rental Investment

This classic two-story 1960s weatherboard duplex is a solid investment. This three-bedroom home comes complete with a separate hobby shed – ideal for extra storage, creative projects, or a workshop space. Currently tenanted with a long-term tenant paying $440 per week, this property offers immediate rental income from day one. Compliant with the 2020 Healthy Homes Standards, it's a sound investment that ticks the boxes. While the home is due for some renovation and a general tidy-up, it presents the perfect opportunity to add value and capitalise on the strong rental demand in the area. Whether you're looking to expand your rental portfolio or step into your first investment, this property is a smart choice. Roll up your sleeves and unlock its full potential.

For Sale

$317,000

Property ID:

ERT20207

Legal Description:

Firstly an estate in fee simple as to an undivided 1/4 share in all that parcel of land containing 2297square metres (more or less) being Lot 32-33 Deposited Plan South Auckland 7759 and Secondly an estate in Leasehold under Lease number B017180.4 being Flat 3 and Garage 3 on Deposited Plan South Auckland 57784. Both the first and second estates being comprised and described in Certificate of Title SA48B/759 (South Auckland Registry).

Year Built*:

1960s

Exterior Construction:

Weatherboard - Timber

Joinery:

Aluminium, Timber

House Area*:

110 square metres (approx)

Bedrooms:

3

Chattels:

Fixed Floor Coverings, Light Fittings, Heat pump(s), Electric Free-standing Stove

 

*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.