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  • NZ Property Investor

    GO WITH THE FLOW

    Mar 03, 2022 3 minutes

    The Rotorua market is steaming ahead (excuse the pun), but when Nick Gentle, a co-owner of iFindProperty, purchased a 1960s brick-and-tile just after the 2020 lockdown, he stumbled on a bargain.

    “The owner had to sell within 48 hours, because they had a contract on a unit that was ending in two days,” says Gentle.

    So, the “motivated seller” accepted the unconditional offer of $580,000 and Gentle secured himself a bargain.

    He admits his “due diligence” on the property wasn’t exactly stringent. “I looked through the house and

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