11 Elizabeth St

Victoria Bay of Plenty

650 m²

House

Currently for sale - view listing

Overview

Your Next Project, RC and BC Ready

Unlock the potential of this fantastic investment opportunity in the heart of Rotorua! Set on a 650sqm freehold section, this property features a well-presented 3-bedroom, 1-bathroom home currently operating as a successful Airbnb, offering an established income-generating opportunity from day one. The real highlight? The hard work has already been done! Resource consent and building consent have been approved, and the Council has also approved the subdivision. The new owner can move forward with building a second home on the rear section and completing the subdivision, subject to the approved consents and any applicable conditions. The options are yours: * Dual Investment: Retain both properties as investment assets for potential rental income. * Home & Income: Live in one home while using the other as an investment. * Add Value: Capitalise on the approved development opportunity to maximise the potential of this centrally located property. Conveniently located in Rotorua's city centre, you'll enjoy easy access to shops, cafes, supermarkets, schools, public transport and other essential amenities. Whether you're an experienced investor looking to expand your portfolio or a buyer seeking a home with additional income potential, this is an opportunity worth exploring. Contact Phoenix Fan today for more information or to arrange a viewing.