10/1102 Fenton St

Rotorua Bay of Plenty

63 m²

Unit

Currently for sale - view listing

Overview

Invest or Nest - Reap the returns

Nestled in the heart of the city, this apartment is the perfect retreat for those with a busy lifestyle, offering a convenient lock-and-leave option. With the added comfort of geothermal heating, this 63sqm residence is designed for ease and comfort. The open-plan living area creates a welcoming space, complemented by two generously sized double bedrooms. Positioned on the top floor, this apartment provides glimpses of the nearby lake and scenic surroundings. A well-managed body corporate, ensuring the property remains well-maintained and secure. Step outside, and you'll find yourself just moments from a host of amenities. From vibrant cafes, bars, and restaurants to boutique retail stores and key attractions like the lakefront reserve, Government Gardens, Wai Ariki Hot Springs & Spa, and the Energy Events Centre - everything you need is just a short, leisurely stroll away. Currently tenanted at $550 per week, including one car park, and with great tenants who would ideally love to stay on, this property provides a solid and reliable income stream for the astute investor. With its prime location and low-maintenance appeal, this apartment offers not only immediate returns but also long-term potential.