Sold

21A-D Carnot Street,
Glenholme, Rotorua District

9 bedrooms
5 bathrooms
2 car spaces
812m² land size
Home and Income

NZD 1,450,000


Property details

Unlock an Exceptional Investment Opportunity!

Built circa 1950s standing proudly on this tidy, well-kept 812sqm more or less freehold site, are these two storey units. Constructed of concrete block and brick, the building houses five units - four, two bedroom units and one rather roomy one bedroom unit, with extra's.
Thermally heated, the units are unique, here is your opportunity to secure an excellent investment, with scope to add additional accommodation or redesign the rear unit to increase returns, subject to council approval.
As we enter the rear unit, we have a foyer to the front entrance, the open plan living spaces merge with the unanticipated outdoor courtyard, for their private use. Although a blank space, this could be well intended for comfort, for a live-in landlord or operate a home and income. A tandem garage and studio/storage room sits to the rear of the section, with a potential here to add value. The layout of the remaining units are 2 units upstairs and 2 units on the ground floor.
With the location being so close to town, it's an exceptional investment. Expected rental income $129,700 - $133,900pa. Call Jodi or Kerif for further information.

Explore the area


School catchments

  • St Mary's Catholic School (Rotorua) Primary Years 1-6 State integrated 0.24km
  • Rotorua S D A School Full primary Years 1-8 State integrated 0.49km
  • Glenholme School Primary Years 1-6 State 0.50km
  • Rotorua Intermediate Intermediate Years 7-8 State 0.66km
  • Rotorua School Full primary Years 1-8 State 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top