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House for Sale in Owhata
Secure Income Today. Future Potential Tomorrow.
- 3 Beds
- 1 Bath
- 2 Cars
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.
- Living Room
- Electric Hot Water
- Heat Pump
- Standard Kitchen
- Combined Dining/Kitchen
- Combined Bathroom/s
- Combined Lounge/Dining
- Electric Stove
- Iron Roof
- Weatherboard Exterior
- Good Exterior Condition
- Shops Nearby
- Public Transport Nearby
See all features
- Fixed Floor Coverings
ROT32724
100m²
920m² / 0.23 acres
2 garage spaces
3
1
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Documents
Attachments
Property File 5 Reeve Road
Rating Information 5 Reeve Road
Rating Information BOPRC 5 Reeve Road
Title 5 Reeve Road
002 ECM 23068699 v 2 LIM 26 013833 LIM Application CT LIM Report RLC
003 ECM 23047855 v 1 LIM 26 013833 LIM Application landinformationmaps settwo land 202608031345210235
004 ECM 23047854 v 1 LIM 26 013833 LIM Application landinformationmaps setone land 202608031344555206
005 ECM 3631317 v 1 Title Plan DPS 5021
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