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For Sale

Fairy Springs, Bay of Plenty, 3015

4 Bed | 1 Bath | 2 Car | Unit | 1062 sqm

$750,000

Sold On

15 August 2025

Make an Offer

Dual Income + Development Goldmine

Attention investors – this is the opportunity you’ve been waiting for! A rare dual-income property offering solid returns from day one, with the added bonus of future development potential. Set on a 1062m2 more or less, this property features two self-contained dwellings currently rented at $570 and $480 per week, bringing in a gross yield of 7%. Both tenancies are in place with reliable tenants happy to stay on, providing immediate income and peace of mind. Each home is well-presented and low-maintenance, with separate access and private outdoor areas—ideal for long-term tenancy appeal. The layout and size of the section also present a fantastic opportunity to explore the possibility of adding a third dwelling or minor unit, subject to council approval. Located in a growth area close to schools, shops, and transport links, this is a smart investment with strong rental demand and exciting future upside. Secure your foothold in a high-performing market—properties like this don’t come up often! Call Kara today at 021 025 97042 for your private viewing or more information.
Kara Niles

Kara Niles

Property Professional

Licensed REAA 2008

Property Details

Property Type: Residential

Land Area: 1062 SQM

Floor Area: 130 SQM

Property Features

Inspection Times

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Statement of Information

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