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Back 1359 Eruera Street
Off Market

1359 Eruera Street

Rotorua Bay of Plenty

10
6
343 sq.
1012 sq.
Apartment
Kerif SmerdonKerif Smerdon, last sold this property on 11 July 2025 after 730635 days on market.

Overview

Central City Units, Multiple Incomes

The ultimate package, perfectly positioned. A high yield investment in the heart of the city, sitting on a large site of 1012sqm [approx], zoned Residential. A major renovation, cleverly designed with modern features was undertaken in 2015 to be able to deliver six separate units with six separate incomes. Care has been taken around choosing similar tenants for a marriage made in heaven. The units are well presented and Healthy Homes Compliant. Return on Investment is $133,640 annually. The location unites with other amenities you would expect in a central location. Comprising of two one-bedroom units and four two-bedroom units. Land bank for future gains with mature, low maintenance, long term tenants. Viewings by appointment only, virtual tours available on request.

Features

10 bedrooms
6 bathrooms
343 sq. floor area
1012 sq. lot size
Apartment

Estimated Value

We need at least 3 similar 10 bedroom apartments sold in Rotorua over the last 12 months.

Property history for 1359 Eruera Street

2025
Sold
11 Jul 2025 by Kerif Smerdon, of Ray White Rotorua (Amtos Realty Services Ltd)

Happy sellers in Rotorua

86%
86% of sellers in Rotorua reported that their sale price either exceeded or met their price expectations.

Rotorua stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Rotorua over the last 12 months.

Local market activity for 10 bedroom apartments in Rotorua

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