Sold

13 & 13A Lee Road,
Hannahs Bay, Rotorua District

4 bedrooms
2 bathrooms
2 car spaces
1,012m² land size
140m² building size
House

NZD 600,000


Property details

Chattels

  • Rangehood
  • Light Fittings
  • Floor Covers
  • Blinds

Dual Income & Future Potential

A LIM is available on request.

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
  • 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

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