Investor's Dream - High Returns, Zero Hassle

9 Ruihi Street, VICTORIA BAY OF PLENTY 3010
$2,295,000
12 Bedrooms
7 Bathrooms
7 Car Spaces
For Sale
Unit
1012.0 m2

Description

Secure an exceptional investment opportunity in the heart of Rotorua. This modernised seven-flat complex offers 12 bedrooms across several configurations and delivers a guaranteed rental return of approximately $170,000 per annum, with an annual index adjustment.

The entire complex is leased to an established organisation, providing investors with secure, hands-off income with no management fees and no exposure to vacancies.

All units have been tastefully refurbished to a modern standard and are complemented by off-street parking, including two carports.

Conveniently located just a short stroll from Rotorua's CBD, this is a genuine turnkey investment offering strong cash flow, minimal day-to-day involvement, and returns that are increasingly difficult to find in today's market.

Whether you're looking to strengthen your investment portfolio or secure a high-yield asset with reliable income, this property presents a rare opportunity.

Enquire today for a further information.

Location