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13 May Street,
Tokoroa, South Waikato District

8 bedrooms
4 bathrooms
8 car spaces
964m² land size
414m² building size
Unit

NZD 960,000


Property details

FOUR UNITS TOKOROA $1,050,000

Looking for a seamless investment? Four rental incomes, with an independent rental appraisal of $420 per week per unit equating to $87,360 annually with an upside.

4 excellent large 2 bedroom units, located on a proud corner and nestled on 964m2 freehold real estate. Purpose-built for longevity, brick/concrete block exterior, color steel roof. The outcome here is passive income and long-term capital growth.

Each unit is complemented with road frontage access, single lockup garaging, and off-street parking. Lovely easy-care grounds provide the occupants with a warm environment in which to live.

13 May Street Tokoroa is an easy walk to the hub of Tokoroa's shopping centre, local amenities, schools, and service clubs.

This is the perfect acquisition for an absentee investor or local investor. This property represents uncomplicated real estate, be the new proud owner.

An in-demand property from prospective tenants, which is demonstrated by the property's high occupancy rate, thus creating a hassle-free investment.

Contact the listing agent for an information pack.

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 consents.

Explore the area


School catchments

  • Tokoroa Intermediate Intermediate Years 7-8 State 0.57km
  • Tokoroa Central School Primary Years 1-6 State 0.59km
  • David Henry School Primary Years 1-6 State 0.61km
  • Tokoroa North School Primary Years 1-6 State 1.2km
  • Strathmore School Primary Years 1-6 State 1.7km

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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