5 Reeve Road Owhata, Rotorua District

Auction: 3.00pm, Thursday 20th August 2026 at the Ray White Auction Rooms, 1239 Amohia Street, Rotorua (unless sold prior)

You love this home but unsure about auction? Talk to us first. With our banking contacts, we may be able to help you get auction-ready and give you an edge over buyers who wait until it's too late.

In today's rental market, secure tenants are worth their weight in gold. 5 Reeve Road is leased to a respected community housing provider until February 2029, providing reliable rental income with no property management fees, as the tenant manages the property themselves. Better still, the home is Healthy Homes compliant.

Built in the dependable 1960s with weatherboard cladding and an iron roof, this three-bedroom home sits on a 920sqm (more or less) freehold section with future development potential (subject to council approval). Concept plans and a feasibility report are available for buyers wanting to explore the possibilities.

The location is another standout, with the property zoned for Owhata School, Mokoia Intermediate and Rotorua Lakes High School, while being just minutes from Te Ngae Shopping Centre, supermarkets, service stations, cafés, the Redwoods and Rotorua CBD.

A secure, hands-off investment today, with the flexibility and potential to add value tomorrow.

View our auction live: https://rwrotorua.co.nz/watch-our-auctions-live Disclaimer - This property is being sold by auction and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. All prospective purchasers shall complete their due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.