279 Fenton Street

Glenholme Bay of Plenty

520 m²

809 m²

House

Currently for sale - view listing

Overview

Freehold, 6.5% ROI

Capital Growth Awaits Whether you're looking to establish a steady income stream or secure long-term capital growth, this impressive portfolio of prime real estate assets offers remarkable opportunities for exceptional performance and enduring returns. With a geothermal heating system powered by its own thermal bore, this property stands out as a unique and valuable investment. Strategically located on a high-profile site, this multi-unit complex was originally designed for motel accommodation and has been expertly converted into residential apartments. You have the flexibility to operate it as a fully functional lodging option, welcoming tourists for memorable stays, or as a home-and-income setup. With the option for permanent tenants or holiday accommodation, you can tailor your investment to meet diverse market demands. Comprising a solid, two-story structure with 13 well-appointed units, this investment opportunity is well-equipped for success in Rotoruas tourism sector. Embrace the chance to invest on Fenton Street, knowing you have a versatile property that caters to the needs of travelers and residents alike. Seize this opportunity to capitalize on the thriving tourism industry-your future in hospitality awaits!