Residential
More from realestate.co.nz:
Agents News

9 Ruihi Street, Victoria, Rotorua

Investor's Dream - High Returns, Zero Hassle

dollar

$2,295,000

Unit
Unit
Bedroom
12
Bathroom
7
Land area
1012m2
Covered park
2
On this page:

Property details

Listing # L38843451 | Listed on 11 June

Secure an exceptional investment opportunity in the heart of Rotorua. This modernised seven-flat complex offers 12 bedrooms across several configurations and delivers a guaranteed rental return of approximately $170,000 per annum, with an annual index adjustment.

The entire complex is leased to an established organisation, providing investors with secure, hands-off income with no management fees and no exposure to vacancies.

All units have been tastefully refurbished to a modern standard and are complemented by off-street parking, including two carports.

Conveniently located just a short stroll from Rotorua's CBD, this is a genuine turnkey investment offering strong cash flow, minimal day-to-day involvement, and returns that are increasingly difficult to find in today's market.

Whether you're looking to strengthen your investment portfolio or secure a high-yield asset with reliable income, this property presents a rare opportunity.

Enquire today for a further information.

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Other park
5 other parks
Water closet
7 Separate toilets
Other Features: 3X Upright Stoves,4 x Wall Oven,4x Cemamic Cooktops,4x Rangehoods,3x Extractor Fans Kitchen,3 units have Light fittings

Schools and childcare in the area

Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy statement.