136 Ranolf Street, Glenholme, Rotorua

136 Ranolf Street presents a development of six architecturally designed, single-level townhouses in the heart of Glenholme. Each home has been carefully crafted to suit executive living, retirement, or small family lifestyles, combining modern design with everyday practicality. Offering two bedrooms and one bathroom, these homes balance comfort with functionality, while private courtyards and allocated carparks, one or two per home, provide convenience and ease.

Inside, thoughtful layouts maximise space with open-plan living areas, well-appointed kitchens, and a separate laundry for added practicality. Kitchens feature Primestone benchtops, wall oven, electric hobs, dishwasher, and rangehood, while modern bathrooms are finished with the latest fittings and fixtures. Each home comes complete with double-glazed joinery, built-in wardrobes, quality window coverings, a TV aerial, and full landscaping, making them ready to move into from day one.

At 67m²-69m² on a 114m²-121m² section, these freehold homes have been designed for low-maintenance living without compromise. With a timeless exterior finish, light-filled interiors, and every detail considered, 136 Ranolf Street represents an ideal option for first-home buyers, downsizers, and investors looking for a turnkey property in a sought-after Rotorua location.

Completion due Q3 2026

Location

Situated on Ranolf Street in popular Glenholme, this development places you within walking distance of Rotorua’s CBD, lakefront, schools, and local parks. Families will value the zoning for Glenholme School, Rotorua Intermediate, and John Paul College, while excellent public transport links, gyms, restaurants, and shops are all nearby, making this a location that combines lifestyle, convenience, and long-term appeal.

• Rotorua Central 1.0km

• Rotorua Girls' High School 1.3km

• New World Westend 1.3km

• Rotorua Aquatic Centre 2.5km

• Rotorua Airport 9.1km

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

136 Ranolf Street presents a compelling investment opportunity in Glenholme, one of Rotorua’s most desirable central suburbs. With long-term capital growth averaging 7.30% over the past 10 years and 5.64% across 20 years, Glenholme has demonstrated consistent performance. The suburb’s median sales price sits at $680,000, yet this project is priced below at $610,000, offering investors immediate entry-value. Its central location ensures strong appeal, with easy access to the Rotorua CBD, schools, supermarkets, and local amenities, making it a sought-after spot for both homeowners and tenants.

Rental fundamentals add further strength to the investment case. The median rent in Glenholme is $580 per week, while this property has been appraised between $575–$590 per week, delivering a gross yield of around 5.0%. Demand for quality rental housing in Rotorua remains robust, driven by the city’s growing population, central employment hubs, and the appeal of Glenholme’s proximity to schools, parks, and shopping. The area is particularly popular with professionals, families, and retirees, supporting both occupancy and rental growth.

Rotorua’s wider market outlook also supports investment. The number of households is projected to increase by 23% by 2054. Property values remain more affordable than the national average, allowing investors to achieve stronger yields compared to larger urban centres. The local economy is underpinned by tourism, agriculture, and forestry, providing stable employment and rental demand, while Rotorua’s central location, just an hour from Hamilton and Tauranga, adds further long-term appeal.

In summary, 136 Ranolf Street combines below-median entry pricing, reliable rental performance, and strong long-term capital growth in a suburb well-positioned for continued demand. With Rotorua’s economy, infrastructure, and population growth driving housing needs, this development offers investors a balanced opportunity to secure both income and capital appreciation in one of New Zealand’s most dynamic regional centres.

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