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30 Cobham Crescent,
Tokoroa, South Waikato District

10 bedrooms
5 bathrooms
8 car spaces
1,191m² land size
300m² building size
Unit

Price withheld


Property details

8.5% Gross Yield - Tokoroa $1,280,000

A big bonanza block of 5 Units

30 Cobham Crescent has been built for longevity. This classic block of five units presents a seamless low-maintenance investment opportunity. Constructed from durable brick and concrete, situated on 1,191m² of freehold land. This property is designed to deliver reliable passive income and long-term capital growth.
A little TLC, bring the paint brush to add value.

Each of the five spacious two-bedroom units features:
• Northerly aspect for warm, sun-filled interiors
• Open-plan living with a separate kitchen
• Single carport plus additional off-street parking
• Predominantly long-term tenants
• Current annual rental income: $105,040 pa
• Independent rental appraisal: $420 - $435 per week per unit
• Appraised annual rental income: circa $111,150pa
• Easy-care grounds for minimal upkeep

Professionally managed and well-maintained, this is an ideal acquisition for both absentee investors and local buyers seeking a strong-performing asset.

Contact the listing agent today to arrange a viewing.

Explore the area


School catchments

  • Tokoroa Central School Primary Years 1-6 State 0.61km
  • Tokoroa Intermediate Intermediate Years 7-8 State 0.71km
  • David Henry School Primary Years 1-6 State 0.71km
  • Tokoroa North School Primary Years 1-6 State 1.0km
  • Bishop Edward Gaines Catholic School Full primary Years 1-8 State integrated 1.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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