House & Land Packages in Bay of Plenty

The quality of life is what draws people to the Bay of Plenty. Whether you're new to the area or upgrading your home - with Generation Homes Bay of Plenty - you'll find a house and land package that works for your lifestyle and budget.

Enquire about this lot
Plan: Custom
Levels: 1
Lot Size: 209m2
Lot Number: 20
Subdivision: Ōpōtiki - Pirirākau
Region: Bay of Plenty

Homes Features

  • Three bedrooms
  • Two bathroom
  • Open plan living and dining
  • Modern kitchen with stainless steel appliances
  • Heat pump double glazing

INVESTORS 5.6% return new build

Wellington Street, Opotiki

Looking for an investment property that ticks all the boxes?

-Only a 10% deposit required
-High rental yield of up to 5%
-Is a freehold property with everything included
-Quality, durable materials
-No surprise costs
-Interest is deductible
-Only a 5 year bright line period
-Existing investment and growth in the area (port and agriculture)
-High demand for rentals in the area
-Very limited new builds available
-Titles are due shortly with completion expected June 2023

With the rental appraisal coming in at $540-$590 p/w, that gives a return of 5.1% to 5.6%
I believe given the significant demand for rentals in Opotiki, plus the lack of new builds in the town, demand for these will be high and they will achieve the higher end of the appraisal.

Need assistance with lending?
We have a gun broker who specialises in growing investment portfolios. Happy to pass on their details if needed.

-We give a fixed price contract
-High quality with great service
-12 month warranty on all building works
-We have an amazing reputation (just ask around)

Opotiki is an up-and-coming town, located in the Bay of Plenty. Surrounded by beautiful surf beaches with easy access to the East Cape and Gisborne, Opotiki is only 40mins from Whakatane. With so much new development and business in the area there is no better time to build.

For more information, contact sales consultant
Mike Colville
Ph: 021 038 2411
Note: Images are artist impressions and photos used are of previously completed builds.


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