Sold
24 Hinau Street,
Tokoroa, South Waikato District
Price withheld
Property details
-
Agents
Ray White Manurewa: A T Realty Limited Licensed (REAA 2008)
182 Great South Road, Manurewa Manukau City 2102
-
Chattels
- Stove
- Light Fittings
- Floor Covers
8.72% GROSS YIELD TOKOROA $1,050,000
A classic and unique block of units, a purpose-built investment with northerly aspects, Quality, and Lockwood design (very low maintenance), built for longevity. Where the outcome is capital growth with passive rental income.
24 Hinau Street Tokoroa, the property features four large 2-bedroom units, nestled on 806m2 freehold land. Each unit is complemented with a private courtyard, single carport and off-street parking. Lovely easy-care grounds provide the occupants with a warm environment in which to live.
Quality fittings throughout. The Current annual rental income $88,510 just keeps on rolling in. An independent rental appraisal of $440 - $450 per week per unit makes this a little gem. Annual rental income of $91,520 equates to a massive 8.72% gross yield
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 or local investor.
Contact the listing 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 consents.
24 Hinau Street Tokoroa, the property features four large 2-bedroom units, nestled on 806m2 freehold land. Each unit is complemented with a private courtyard, single carport and off-street parking. Lovely easy-care grounds provide the occupants with a warm environment in which to live.
Quality fittings throughout. The Current annual rental income $88,510 just keeps on rolling in. An independent rental appraisal of $440 - $450 per week per unit makes this a little gem. Annual rental income of $91,520 equates to a massive 8.72% gross yield
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 or local investor.
Contact the listing 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 consents.
Explore the area
School catchments
- Tokoroa North School Primary Years 1-6 State 0.47km
- Tokoroa Central School Primary Years 1-6 State 1.0km
- Tokoroa High School Secondary Years 9-15 State 1.5km
- Forest View High School Secondary Years 9-15 State 1.6km
- Tokoroa Intermediate Intermediate Years 7-8 State 1.6km
- David Henry School Primary Years 1-6 State 1.7km
- Bishop Edward Gaines Catholic School Full primary Years 1-8 State integrated 2.0km
- Strathmore School Primary Years 1-6 State 2.5km
- TKKM o Te Hiringa Composite Years 1-15 State 2.8km
- Tainui Full Primary School Full primary Years 1-8 State 3.2km
- Cargill School Primary Years 1-6 State 3.2km
- Amisfield School Full primary Years 1-8 State 3.3km
- Lichfield School Primary Years 1-6 State 12.6km
- Te Waotu School Full primary Years 1-8 State 16.7km
- Putāruru Primary School Primary Years 1-6 State 18.5km
- Mangakino School Full primary Years 1-8 State 19.0km
- St Mary's Catholic School (Putāruru) Full primary Years 1-8 State integrated 19.7km
- Te Wharekura o Te Kaokaoroa o Patetere Composite Years 1-15 State 20.2km
- Putāruru College Secondary Years 7-15 State 20.2km
- TKKM o Hurungaterangi Composite Years 1-15 State 33.1km
- John Paul College Secondary Years 7-15 State integrated 33.3km
- Western Heights High School Secondary Years 9-15 State 33.3km
- Rotorua Girls' High School Secondary Years 9-15 State 33.9km
- Rotorua Boys' High School Secondary Years 9-15 State 34.1km
- Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 34.2km
- TKKM o Te Koutu Composite Years 1-15 State 34.4km
- Rotorua Lakes High School Secondary Years 9-15 State 39.7km
- Te Wharekura o Ngāti Rongomai Composite Years 1-15 State 40.4km
- TKKM o Ruamata Composite Years 1-15 State 42.6km
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.
Photos
Video
Contact Greig Kirby
Contact Greig Kirby
Greig Kirby
24 Hinau Street, Tokoroa 3420
Request a callback
Greig Kirby
24 Hinau Street, Tokoroa 3420