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Victoria

20 King Street,

  • 8Bedrooms
  • 4Bathrooms
  • 0Car spaces
  • 890m2Land area

Auction

Sold for $1,110,000

Sold 27 February 2025

A Rare Find, Rotorua Investment Block

Unit

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  • OfficeOffice

Looking for a well-located, low-maintenance investment property? This charming block of flats offers a great opportunity to invest and then rest and reap the rewards. All flats are up to Healthy Home standards and mostly double glazed with Heatpumps throughout, ensuring year-round comfort. The roof was replaced in 2021 and with the block construction this is a good low maintenance investment. The property returns a collective income of approximately $1,755.00 per week, ($91,260.00 per annum) making it a solid choice for investors. This is an investment you would be proud to own and would attract long term tenants with its location close to town.

Property information

Property typeUnit
Sale methodAuction
Bedrooms8
Bathrooms4
Car spaces0
Land area890 m²
Floor area240 m²
Listing number12365

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