55 A & B Meadowbank Crescent Fordlands, Rotorua District

Auction: 1.00pm, Wednesday 16th June 2021 at the Ray White Auction Room, 1239 Amohia Street, Rotorua (unless sold prior)

**Check out the 3D floor plans via the links at bottom of script**

With two rental streams from one property 55 Meadow Bank Crescent is an absolute cash-cow for the astute investor, a house and income for a savvy home-owner or even an extended family across both homes. Consisting of two, two bedroom homes on one title, each with their own private yards and single carports. Both have tidy interiors with a heat pump and insulated. Positioned in a very handy location close to schools and shops.

A close and long established community leads people to live in and return to Fordlands. A high yield to price and very high demand for rental houses in this area has made Fordlands a longtime favorite for investors. With the ongoing rise in property prices we are seeing more first home buyers and families buying in this area. It has been at the fore-front of capital growth for Rotorua and Nationwide with a 30% increase year on year to March 2021. (qv.co.nz)

Buying at auction is the fairest most transparent way to purchase a property, you have a set timeline to complete your research. You don't have to guess the value as you can see what the market is willing to pay during the auction. For more information call Bryn or Julz

• LIM report available on request
• Building report available on request
• Rental appraisal of $390 PW front house and $390 - $400 PW for rear house
• Both homes have Healthy Homes certificates
• Both homes are insulated in ceiling and underfloor
• Both homes have a heat pump and single carport
• Each home has its own driveway and fenced yard

Link 3D floor plan for front house - https://my.matterport.com/show/?m=ucVs67bJFAH

Link 3D floor plan for rear house - https://my.matterport.com/show/?m=aFHw1U6gN68