1 Malfroy Road

Victoria Bay of Plenty

366 m²

House

Currently for sale - view listing

Overview

Six Units with New Roof in Rotorua Central

Welcome to 35 Malfroy Road - six two-bedroom units offered together, presenting savvy investors and opportunists with the chance to secure a substantial holding in the heart of Rotorua. Better still, each unit sits on its own separate cross-lease title. You're not simply buying one block of six units, you'll own six individually titled properties, giving you far greater flexibility now and into the future. The heavy lifting has already been done. A brand-new roof spans the entire complex, giving buyers confidence that one of the biggest capital expenses has already been taken care of. Now it's your turn to unlock the potential. The units are in average to good condition and provide an excellent platform for cosmetic renovations. Whether your goal is to improve rental returns, add value over time, or create a stronger long-term investment, the opportunity is there. The separate titles also open the door to possibilities that many investments simply can't offer. Pool together with family or friends and have each person own a property, or purchase the entire complex knowing each unit is already individually titled, providing flexibility for the future. Units in central Rotorua have stood the test of time. They've remained a sought-after investment since the 1960s and 70s thanks to their affordability, consistent demand, and central location. With six units, six separate titles, and the major roofing work already completed, opportunities like this don't come along often. Solid foundations. Proven potential. A rare opportunity to secure an investment with immediate value and future upside. Photos of the remaining three units will be uploaded as soon as they become available.