Sold

3 & 5 Westlock Road,
Koutu, Rotorua District

9 bedrooms
3 bathrooms
3 car spaces
2,024m² land size
280m² building size
House

NZD 1,070,000


Property details

Huge Combined Site: 3 & 5 Westlock Rd!

This is a rare and powerful opportunity to secure two side-by-side properties with a massive combined land area of 2,022 sqm (mol). Whether you are looking for a multi-generational family solution or a high-yield development potential project, this duo is a game-changer. With 9 bedrooms across two titles, you can buy one or secure both to own a significant footprint in a prime location.

For large or extended families, this setup is perfect. You could live in one and have the grandparents or adult children next door, or simply enjoy the freedom of over half an acre of land. With 3 Westlock providing a character-filled 5-bedroom home and 5 Westlock offering 4 bedrooms plus a rumpus/sleepout, there is more than enough room for everyone to stay close while maintaining their own space.

For the savvy investor or developer, the numbers are exceptional with a combined rental return of $1,360 per week. Holding two adjoining titles totaling 2,022 sqm creates a massive land-banking or development opportunity that is incredibly hard to find. With proven income already in place, you can secure your future while enjoying immediate cash flow from day one

Explore the area


School catchments

  • TKKM o Te Koutu Composite Years 1-15 State 0.24km
  • Selwyn School Primary Years 1-6 State 0.86km
  • Kawaha Point School Primary Years 1-6 State 0.93km
  • Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 1.1km
  • Kaitao Intermediate Intermediate Years 7-8 State 1.5km

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