Sold
15 Andrew Street,
Tokoroa, South Waikato District
NZD 790,000
Property details
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Agents
Ray White Manurewa: A T Realty Limited Licensed (REAA 2008)
182 Great South Road, Manurewa Manukau City 2102
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3 QUALITY 2 BRM UNITS - TOKOROA - $850,000
Welcome to 15 Andrew Street, Tokoroa - Negotiate a 8.0% gross yield
This purpose-built investment property offers an outstanding opportunity for both strong cash flow and future capital growth, making it a smart addition to any portfolio.
Set on an 832m² freehold section, the property comprises three spacious 2-bedroom units, currently generating a rental income of $1,080 per week. With even greater potential, an independent rental appraisal estimates a weekly income of $425 per unit, totaling $1,275 per week-translating to an impressive annual income of $66,300. This is a banker's dream!
Each unit features modern kitchens and bathrooms, high-quality fittings, and open-plan living areas that flow seamlessly into private courtyards. Additionally, each unit comes with a single carport and extra off-street parking.
With its appealing street presence and welcoming atmosphere, the property is conveniently located near the Tokoroa town center and essential services, ensuring tenants have everything they need within easy reach.
High tenant demand and a strong occupancy rate make this a hassle-free investment opportunity. Whether you're a local or absentee investor, this property offers straightforward real estate ownership with reliable returns.
Don't miss out on the chance to own this exceptional investment.
Contact Greig Kirby today to schedule a viewing:
0274 916 901
Disclaimer - 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.
This purpose-built investment property offers an outstanding opportunity for both strong cash flow and future capital growth, making it a smart addition to any portfolio.
Set on an 832m² freehold section, the property comprises three spacious 2-bedroom units, currently generating a rental income of $1,080 per week. With even greater potential, an independent rental appraisal estimates a weekly income of $425 per unit, totaling $1,275 per week-translating to an impressive annual income of $66,300. This is a banker's dream!
Each unit features modern kitchens and bathrooms, high-quality fittings, and open-plan living areas that flow seamlessly into private courtyards. Additionally, each unit comes with a single carport and extra off-street parking.
With its appealing street presence and welcoming atmosphere, the property is conveniently located near the Tokoroa town center and essential services, ensuring tenants have everything they need within easy reach.
High tenant demand and a strong occupancy rate make this a hassle-free investment opportunity. Whether you're a local or absentee investor, this property offers straightforward real estate ownership with reliable returns.
Don't miss out on the chance to own this exceptional investment.
Contact Greig Kirby today to schedule a viewing:
0274 916 901
Disclaimer - 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 0.74km
- David Henry School Primary Years 1-6 State 0.88km
- Tokoroa Central School Primary Years 1-6 State 0.89km
- Tokoroa High School Secondary Years 9-15 State 0.95km
- Tokoroa Intermediate Intermediate Years 7-8 State 0.99km
- Forest View High School Secondary Years 9-15 State 1.0km
- Bishop Edward Gaines Catholic School Full primary Years 1-8 State integrated 2.1km
- TKKM o Te Hiringa Composite Years 1-15 State 2.1km
- Strathmore School Primary Years 1-6 State 2.1km
- Tainui Full Primary School Full primary Years 1-8 State 2.5km
- Cargill School Primary Years 1-6 State 2.6km
- Amisfield School Full primary Years 1-8 State 3.1km
- Lichfield School Primary Years 1-6 State 13.2km
- Te Waotu School Full primary Years 1-8 State 16.7km
- Mangakino School Full primary Years 1-8 State 18.2km
- Putāruru Primary School Primary Years 1-6 State 19.0km
- St Mary's Catholic School (Putāruru) Full primary Years 1-8 State integrated 20.2km
- Te Wharekura o Te Kaokaoroa o Patetere Composite Years 1-15 State 20.7km
- Putāruru College Secondary Years 7-15 State 20.8km
- TKKM o Hurungaterangi Composite Years 1-15 State 33.7km
- 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 34.5km
- Rotorua Boys' High School Secondary Years 9-15 State 34.7km
- Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 34.8km
- TKKM o Te Koutu Composite Years 1-15 State 35.0km
- Rotorua Lakes High School Secondary Years 9-15 State 40.2km
- Te Wharekura o Ngāti Rongomai Composite Years 1-15 State 40.9km
- TKKM o Ruamata Composite Years 1-15 State 43.2km
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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Greig Kirby
15 Andrew Street, Tokoroa 3420
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Greig Kirby
15 Andrew Street, Tokoroa 3420