Raine & Horne Rotorua
R&H
Video

11b Ford Road, Fordlands

  • 3 Bed
  • 1 Bath
  • 1garages

Sold

Starter Investment

Nestled in the heart of Fordlands, with schools, shops and convenient amenities close by, this townhouse offers the opportunity to take on this current rental or make it your own. With current tenants paying $520.00 per week it brings in a solid gross ROI (6.95%).

Priced now at $389,000

Inside, this sun-soaked home boasts 3 bedrooms, a tidy bathroom, two toilets, a functional kitchen, and living spaces that are guaranteed year-round comfort thanks to the heatpump. This property has also had a fresh coat of paint to much of the inside as well as carpet and other flooring was updated meaning for any investor or buyer, much has already been done.

The flat section is fully-fenced, providing peace of mind when kids and/or pets are involved. Single garaging and plenty of extra off-street parking are further bonuses.

INVESTORS: Buy both 11a and 11b

The opportunity is also there to purchase 11a Ford road and own both properties that is on a 1236m2 (more or less) section (1/2 share each). Vendors are motivated to sell both and will seriously look at a discounted amount for both properties.

Share
avatar Ant Barkley
Ant Barkley
Franchise Owner & Licensed Salesperson

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L31291795
  • Property Type:House
  • Building / Floor Area:100 sqm
  • Garages:1
We Know Your Area
R&H Suburb Profile: Fordlands
R&H Suburb SummaryHouses
Number of sales5
Average Price$373,600
Median Price$386,000
Median Rental Price$ p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $386,000
Recently Listed
For Sale
Enquiries Over $600,000
4/4 Ann Street, Victoria
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
For Sale
$365,000
75A Pohutukawa Drive, Owhata
  • 3
    Bed
  • 1
    Bath
  • 3
    Car Spaces
For Sale
Fixed Price $559,000
35/64 Kawaha Point Road, Kawaha Point
  • 3
    Bed
  • 2
    Bath
  • 1
    Car Spaces
For Sale
Asking Price $470,000
89 Old Quarry Road, Selwyn Heights
  • 3
    Bed
  • 1
    Bath
For Sale
Enquiries Over $600,000
4/4 Ann Street, Victoria
  • 2
    Bed
  • 1
    Bath
  • 1
    Car Spaces
For Sale
$365,000
75A Pohutukawa Drive, Owhata
  • 3
    Bed
  • 1
    Bath
  • 3
    Car Spaces
For Sale
Fixed Price $559,000
35/64 Kawaha Point Road, Kawaha Point
  • 3
    Bed
  • 2
    Bath
  • 1
    Car Spaces
For Sale
Asking Price $470,000
89 Old Quarry Road, Selwyn Heights
  • 3
    Bed
  • 1
    Bath