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24A Pohutukawa Drive, Owhata, Rotorua

Solid yield investment

dollar

$359,000

House
House
Bedroom
3
Bathroom
1
Title type
Cross Lease
Garage
1
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Sep

Property details

Listing # RT04770 | Listed on 25 September

Set down a driveway away from the road, this three bedroom home offers privacy and practicality on upper Pohutukawa Drive. Inside, you’ll find a well presented layout with three bedrooms and one bathroom. The kitchen and bathroom have had some updates, adding to the home’s overall functionality.

These vendors are highly motivated, and priced to the market, they want this property sold. Whether you’re an investor looking for strong returns or a first home buyer wanting to step onto the ladder, this opportunity is one not to overlook.

Functionality continues outdoors with a single external garage, providing secure storage and off street parking.

Currently returning $570 per week in rent, this property delivers an impressive yield of over 8% which is a rare find in today’s market. For investors, it’s a ready made addition to the portfolio with reliable income. For first home buyers, it’s a smart way to secure a property that offers both comfort and the potential for future growth.

Conveniently located, the home is close to the airport, and only a short drive to the Te Ngae Shopping Centre, Redwood Centre, and the world renowned Redwood Forest. Local primary and high schools are also nearby, making this a practical choice for families.
Motivated vendors, strong returns, and a home with plenty to offer — 24a Pohutukawa Drive is ready for its next chapter.

For more information get in touch with Team Piesse today. Callum on 021 225 2468 or Anna on 027 8448 700.

To access the Property File and other information on this property please copy and paste this link into your browser:
https://www.propertyfiles.co.nz/property/RT04770

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