Raine & Horne Rotorua
R&H
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11b Ford Road, Fordlands

  • 3 Bed
  • 1 Bath
  • 1garages

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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.

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avatar Ant Barkley
Ant Barkley
Franchise Owner & Licensed Salesperson

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Property Info:
  • Property ID: L31291795
  • Property Type:House
  • Building / Floor Area:100 sqm
  • Garages:1
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R&H Suburb Profile: Fordlands
R&H Suburb SummaryHouses
Number of sales5
Average Price$378,100
Median Price$369,000
Median Rental Price$ p.w.
Change in Rental Rate (5yr)n/a
Median Trend - $369,000
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