Opportunities like this are becoming increasingly rare. Positioned on a generous 1,047sqm flat section, 9 Peace Street offers the unique advantage of two separate three-bedroom homes on one title, each with its own driveway and parking.
The front home provides approximately 89sqm of living, while the second dwelling offers a well-positioned 75sqm fibre cement home complete with its own carport.
Whether you're an investor looking for strong returns, a buyer wanting to live in one and rent the other, or someone looking to add value through renovation, the flexibility here is hard to ignore.
With an estimated combined rental return of approximately $62,000 per annum, the numbers make this a compelling addition to any portfolio.
Location further enhances the appeal. Peace Street sits in a well-regarded neighbourhood just minutes from the Redwoods mountain bike trails, Toi Ohomai Institute of Technology, and Rotorua's CBD, making it an attractive option for tenants and homeowners alike.
Properties offering two homes on one title in a location like this are tightly held and highly sought after.
This is an opportunity not to be missed.