140 Fairy Springs Rd

Fairy Springs Bay of Plenty

130 m²

809 m²

House

Currently for sale - view listing

Overview

Potential for Dual Dwelling and Subdivision

A standout opportunity for the aspiring investor, 140 Fairy Springs Road delivers the rare combination of strong return, low-maintenance ownership, and future potential. The existing 4-bedroom home has already been renovated to a high standard with a rental appraisal of $675-$700/week. The proposed 3-bedroom second dwelling adds another income stream with a potential rental estimate of $600-$625/week. An estimated net cashflow surplus is approximately $115 per week (IO), this is a buy-and-hold opportunity that offers both income performance and long-term resilience. A scheme plan has already been prepared to help visualise the potential to add a second dwelling or explore subdivision, subject to council approval. Whether the goal is to create multi-generational living, generate additional income, or unlock development value, the options here are compelling. Positioned in one of Rotorua's most popular city-fringe locations, you're just minutes from the CBD and moments from the iconic Skyline Rotorua. With schools, local shops, and key arterial routes all close by, this home is superbly placed. Properties that combine renovated quality, holding income, and genuine development potential are rarely found in one package. 140 Fairy Springs Road is more than a beautifully finished home - it is an opportunity to invest with confidence in both the present and the future. Call Patrick now on 022 3641668 to arrange a private viewing. Parking is available in the front yard when visiting the property.