12 Ford Road

Fordlands Bay of Plenty

804 m²

House

Currently for sale - view listing

Overview

Land bank with strong returns?

Whether you are looking to step onto the property ladder, secure a high-performing investment, or landbank for the future, this freehold property in Fordlands ticks all the right boxes. Key Features: Proven Rental Value: With a rental history of $490 per week, this property offers an exceptionally strong gross yield potential for investors and a reassuring marker of value for first-home buyers. Healthy Homes Compliant: There is absolutely no immediate upgrade cost required for current rental standards. Enjoy total peace of mind whether you choose to move straight in or rent it out from day one. 804 sqm Freehold Corner Lot (more or less) : A generous, highly accessible landholding with prominent street frontage, securing substantial underlying land value. Value-Add Canvas: The existing 2-bedroom cottage has great bones and is perfect for a smart cosmetic refresh. It's the ideal project for first-home buyers wanting to make it their own, or landlords looking to instantly boost equity. The numbers, the land size, and the location simply make sense. Don't miss this rare opportunity to secure a versatile property with real long-term power. Price by Negotiation. Contact Luke today for more information or to schedule a viewing. 021 276 2123