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Back 46 Malfroy Road
Off Market

46 Malfroy Road

Victoria Bay of Plenty

9
9
9
320 m²
1476 m²
Unit
Karl HerefordKarl Hereford, last sold this property on 09 July 2025 after 159 days on market.

Overview

Prime Central Investment Opportunity

With excellent returns. Attention investors and developers! Don’t miss this exceptional opportunity to secure 9 studio rental units on a spacious 1,476m² freehold site, perfectly positioned in a central location. These units are currently generating over $150,000 annually in rental income, with the potential to increase returns to $175,000 per year. Key features: • Covered Parking: Each unit comes with its own covered parking space, a valuable feature for tenants. • Convenient Location: Easy walking distance to the central mall, supermarkets, and schools. Added Opportunity: The property also offers the unique option to maximize your investment by purchasing the adjoining property at 33 Seddon Street – a 3-bedroom home on a separate freehold title (for a total of 2085m2). This additional property currently generates an extra $32,500 annually, creating the potential to own the entire block between Malfroy Rd and Seddon St. Whether you’re looking to expand your portfolio or explore development possibilities, this is a rare chance to secure a high-performing asset in a sought-after location with good future prospects. Opportunities like this don’t come around often. Contact me today for more information or to register your interest. To access the Property File, LIM Report and other information on this property please copy and paste this link into your browser: https://www.propertyfiles.co.nz/property/RT04166

Features

9 bedrooms
9 bathrooms
9 carspaces
9 carport spaces
320 m² floor area
1476 m² lot size
Unit

Estimated Value

We need at least 3 similar 9 bedroom units sold in Victoria over the last 12 months.

Property history for 46 Malfroy Road

2025
Sold
Undisclosed
09 Jul 2025 by Karl Hereford, of Tremains Rotorua Ltd

Happy sellers in Victoria

<50%
Less than 50% of sellers in Victoria reported that their sale price either exceeded or met their price expectations.

Victoria stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Victoria over the last 12 months.

Local market activity for 9 bedroom units in Victoria

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