Sold
13 & 13A Lee Road,
Hannahs Bay, Rotorua District
NZD 600,000
Property details
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Agents
Ray White Rotorua: Amtos Realty Services Limited Licensed (REAA 2008)
1239 Amohia Street, Rotorua Rotorua District 3010
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Chattels
- Rangehood
- Light Fittings
- Floor Covers
- Blinds
Dual Income & Future Potential
A smart investment or home-and-income opportunity in a super convenient location, 13 & 13A Lee Road delivers strong returns alongside exciting future potential.
The property features a renovated three-bedroom home complete with modern open-plan living, a heat pump, sunny deck, and comfortable everyday living spaces.Previously rented at $600 per week, the main home is currently vacant to allow buyers flexibility, whether securing their own tenants or taking advantage of the home-and-income lifestyle themselves.
Attached to the main residence is a renovated one-bedroom subsidiary unit, currently returning $380 per week from a quality tenant, creating two separate income streams from the one property.
Set on a generous 1012sqm section with ample off-street parking, the sizeable front portion of land sparks the imagination with possible future development or value-add opportunities (subject to council approval).
Whether you're an investor seeking strong holding income and future upside, or a buyer wanting the flexibility of home-and-income living, this opportunity ticks multiple boxes.
Explore the area
School catchments
- Te Wharekura o Ngāti Rongomai Composite Years 1-15 State 0.53km
- Rotokawa School Primary Years 1-6 State 1.5km
- Rotorua Lakes High School Secondary Years 9-15 State 2.1km
- Mokoia Intermediate Intermediate Years 7-8 State 2.3km
- Owhata School Primary Years 1-6 State 2.4km
- TKKM o Ruamata Composite Years 1-15 State 2.8km
- Lynmore Primary School Primary Years 1-6 State 3.7km
- Rotorua School Full primary Years 1-8 State 5.8km
- Whakarewarewa School Full primary Years 1-8 State 6.0km
- Rotorua S D A School Full primary Years 1-8 State integrated 6.2km
- St Mary's Catholic School (Rotorua) Primary Years 1-6 State integrated 6.3km
- Rotorua Intermediate Intermediate Years 7-8 State 6.5km
- Glenholme School Primary Years 1-6 State 6.6km
- TKKM o Te Koutu Composite Years 1-15 State 6.8km
- Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 6.8km
- Rotorua Boys' High School Secondary Years 9-15 State 6.8km
- Kawaha Point School Primary Years 1-6 State 7.0km
- Rotorua Girls' High School Secondary Years 9-15 State 7.2km
- John Paul College Secondary Years 7-15 State integrated 7.7km
- TKKM o Hurungaterangi Composite Years 1-15 State 7.8km
- Western Heights High School Secondary Years 9-15 State 7.9km
- Te Whata Tau o Putauaki Composite Years 1-15 State 34.8km
- Tarawera High School Secondary Years 7-15 State 35.0km
- Reporoa College Secondary Years 7-15 State 35.4km
- Te Puke High School Secondary Years 9-15 State 36.9km
- Tokoroa High School Secondary Years 9-15 State 41.1km
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.
Photos
Floorplan
Contact Chander Sandhu
Contact Chander Sandhu
Chander Sandhu
13 & 13A Lee Road, Hannahs Bay 3010
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Chander Sandhu
13 & 13A Lee Road, Hannahs Bay 3010