NZ Property Investor

CULTURE, HEAT AND AFFORDABLE HOMES

REGIONAL REVIEW ROTORUA

This city attracts many visitors to its smoking cracks and craters, despite the at times overwhelming smell of sulphur. While the famous bubbling mud pools and thermal springs scattered across the city and its outskirts provide much of the appeal, Rotorua offers more than just the natural wonders of its restless footing.

It has glistening lakes and spectacular forests where residents benefit from world-class outdoor activities like boating, swimming, mountain biking, trail running and fishing.

As the home of Te Arawa and centre of Maori arts and crafts learning, as well as Maori tourism, this is a place where culture thrives.

The city's name is derived from the Maori terminology Te Rotoruanuia-Kahumatamomoe, which means the second great lake of Kahumatamomoe. A total of 17 lakes make up the system of water bodies that are collectively Lake Rotorua. The lake is used for various water-sporting events and often as a landing and take-off site for seaplanes.

Nicknamed Rotovegas by its inhabitants, the city's main street is lined and characterised by

You’re reading a preview, subscribe to read more.

More from NZ Property Investor

NZ Property Investor4 min read
Pipeline Advice Flows Freely
Matthew Gilligan is a property investor, developer and tax adviser. He is managing director of chartered accounting firm Gilligan Rowe & Associates, where he heads the specialist property and asset planning divisions. Kris Pedersen of Kris Pedersen M
NZ Property Investor2 min read
Pros/cons
HIGHER RENTAL YIELDS: Commercial real estate has historically offered higher rental yields than residential real estate. This makes commercial properties attractive to investors seeking regular income streams. LONGER LEASES: Commercial leases tend to
NZ Property Investor3 min read
When The Inspector Calls
My job is defending professionals who find themselves on the wrong end of court proceedings. My clients include lots of professions involved in property and construction: architects, project managers, finance brokers, engineers and real estate agents

Related Books & Audiobooks