Sold
87 Elizabeth Drive,
Tokoroa, South Waikato District
NZD 895,000
Property details
-
Agents
Ray White Manurewa: A T Realty Limited Licensed (REAA 2008)
182 Great South Road, Manurewa Manukau City 2102
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Chattels
- Stove
- Extractor Fan
- Light Fittings
- Floor Covers
- Curtains
- TV Aerial
FOUR UNITS, FOUR INCOMES TOKOROA
You never regret buying quality and location, with northerly aspects. 87 Elizabeth Drive Tokoroa represents all categories. Purpose-built for longevity (brick), the property features four x 2-bedroom units, nestled on 910 freehold lands. Each unit is complemented with a single carport and off-street parking. Current annual rental income $58,240 is ok, (two units require tlc) but an independent rental appraisal of $340.00 per week per unit (after the tlc is completed) equates to a $70,720 rent roll, which equates to an impressive 7.2% gross yield on the asking price. It's a little gem.
An in-demand property from prospective tenants is shown by the property's high occupancy rate, where long-term tenants are the norm. Thus, creating a hassle-free investment. Perfect acquisition for an absentee investor.
An uncomplicated seamless investment
Contact listings agent for viewing times
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent
An in-demand property from prospective tenants is shown by the property's high occupancy rate, where long-term tenants are the norm. Thus, creating a hassle-free investment. Perfect acquisition for an absentee investor.
An uncomplicated seamless investment
Contact listings agent for viewing times
PLEASE NOTE:
All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consent
Explore the area
School catchments
- David Henry School Primary Years 1-6 State 0.49km
- Tokoroa High School Secondary Years 9-15 State 0.50km
- Tokoroa Intermediate Intermediate Years 7-8 State 0.52km
- Tokoroa Central School Primary Years 1-6 State 0.71km
- Tokoroa North School Primary Years 1-6 State 1.2km
- Forest View High School Secondary Years 9-15 State 1.3km
- TKKM o Te Hiringa Composite Years 1-15 State 1.6km
- Strathmore School Primary Years 1-6 State 1.7km
- Bishop Edward Gaines Catholic School Full primary Years 1-8 State integrated 1.8km
- Tainui Full Primary School Full primary Years 1-8 State 2.1km
- Cargill School Primary Years 1-6 State 2.2km
- Amisfield School Full primary Years 1-8 State 2.7km
- Lichfield School Primary Years 1-6 State 13.6km
- Te Waotu School Full primary Years 1-8 State 17.1km
- Mangakino School Full primary Years 1-8 State 17.9km
- Putāruru Primary School Primary Years 1-6 State 19.5km
- St Mary's Catholic School (Putāruru) Full primary Years 1-8 State integrated 20.7km
- Te Wharekura o Te Kaokaoroa o Patetere Composite Years 1-15 State 21.2km
- Putāruru College Secondary Years 7-15 State 21.3km
- TKKM o Hurungaterangi Composite Years 1-15 State 33.6km
- John Paul College Secondary Years 7-15 State integrated 33.8km
- Western Heights High School Secondary Years 9-15 State 33.9km
- Rotorua Girls' High School Secondary Years 9-15 State 34.4km
- Rotorua Boys' High School Secondary Years 9-15 State 34.6km
- Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 34.7km
- TKKM o Te Koutu Composite Years 1-15 State 35.0km
- Rotorua Lakes High School Secondary Years 9-15 State 40.1km
- Te Wharekura o Ngāti Rongomai Composite Years 1-15 State 40.9km
- TKKM o Ruamata Composite Years 1-15 State 43.1km
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
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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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Contact Greig Kirby
Contact Greig Kirby
Greig Kirby
87 Elizabeth Drive, Tokoroa 3420
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Greig Kirby
87 Elizabeth Drive, Tokoroa 3420