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47 & 49 Miller Street, Glenholme, Rotorua

Price by Negotiation

6

4

1,494m²

Significant Glenholme Holding with Room to Grow!

Here's a rare chance to secure side by side investment properties, in the heart of Glenholme, offering multi-income streams and with even more potential.

At 49 Miller Street, you'll find a 1950s original, on a sunny corner site - all under one roofline, split into two x 1 bedroom homes with their own private backyards sharing a communal laundry room. This one's a true do-up, ideal for those ready to roll up their sleeves. One side is tenanted, while the other is vacant and ready for a full refresh.

Next door, 47 Miller Street sits on a 723m² site, comprising two x 2-bedroom homes currently rented for a combined $1,060 per week under fixed tenancies until November-2026 - providing reliable incomes from day one. Adding even more appeal, the site includes existing services to the front, offering the potential (subject to council consent) to add a third dwelling-a fantastic opportunity to increase future returns.

Together, these neighbouring properties present a perfect opportunity for developers, investors, or land bankers looking to unlock future potential.

Located close to Glenholme Primary and within walking distance of schools, shops, and local amenities, the position is as convenient as it is appealing.

Whether you choose to renovate, develop, or hold, this is an exceptional chance to secure two titles, four dwellings, and endless potential - right here on Miller Street!

Additional details

Type

House

Property ID

L37125109

Listed on

16/10/2025

Updated

3 days ago

Property insights

OneRoof estimateRating valuationProperty history

Rating valuation

OneRoof mentions

Listed for sale on OneRoof for 52 days (last updated on 16 October) and was last sold in 2021 for $500,000. Its latest rating valuation by Rotorua council is $500,000 as of 2023. There are 4 6-bedroom properties for sale nearby. There are 33 properties for sale in Glenholme.

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Property data

Broadband available

Floor area

90m²

Land area

771m²

Type of title

Freehold

About the area

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Time (yrs)

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Glenholme, Rotorua

Glenholme is a suburb which lies within the Territorial Authority of Rotorua, one of 45 residential suburbs which form the wider region. Glenholme is the 4th largest suburb of Rotorua in terms of the total number of residential housing stock. Glenholme provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 1980 - 1989. Residential housing stock in Glenholme is made up of approximately 94% residential housing and 6% residential investment housing properties.

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