Sold
4 Liberton Place,
Tokoroa, South Waikato District
Price withheld
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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Chattels
- Cooktop Oven
- Stove
- Rangehood
- Extractor Fan
- Dishwasher
- Heated Towel Rail
- Light Fittings
- Floor Covers
- Blinds
- Curtains
- TV Aerial
Price Reduction Opportunity - Tokoroa 429k
Land Area: 984m2 (Freehold)
Current Rent: $440 per week (tenanted)
Rental Appraisal: $500 per week
Bedrooms: 3
Compliance: Healthy Homes Compliant
Reduction $449,000 now $429,000
This is a prime opportunity for savvy investors seeking strong rental returns and long-term capital growth. Perfectly positioned just a short walk from Tokoroa's CBD, this 984m2 freehold property offers not only a charming 3-bedroom bungalow but also exciting subdivision potential.
The existing home is well-maintained and currently tenanted at $440 per week, with an excellent tenant eager to stay on-providing immediate and stable rental income. An independent appraisal estimates the rental potential at $500 per week.
Key Investment Highlights
Subdivision Potential
Unlock the value of the generous land size by exploring subdivision or development options (subject to council approval), and significantly boost future capital gains.
Opportunity to Build
There is high demand for quality 4-bedroom homes in Tokoroa. Adding a modern, family-sized dwelling to the rear could increase your rental yield and long-term value.
Strong Tenant Demand
This property has a proven occupancy record, reflecting the high demand for rental housing in the area. A solid investment with reliable returns.
Healthy Homes Compliant
The existing dwelling meets all Healthy Homes Standards, ensuring a safe, comfortable, and legally compliant residence for tenants.
The Bottom Line
Whether you're looking to landbank, develop, or expand your rental portfolio, 4 Liberton Place offers a rare blend of stability and potential. With excellent location appeal, strong current income, and exciting development prospects, this is a must-see for investors ready to take the next step.
Contact Greig for viewing times - 027 4916 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 Central School Primary Years 1-6 State 0.50km
- Bishop Edward Gaines Catholic School Full primary Years 1-8 State integrated 0.78km
- Tokoroa High School Secondary Years 9-15 State 1.1km
- Tokoroa Intermediate Intermediate Years 7-8 State 1.3km
- Strathmore School Primary Years 1-6 State 1.5km
- David Henry School Primary Years 1-6 State 1.6km
- Tokoroa North School Primary Years 1-6 State 1.6km
- Amisfield School Full primary Years 1-8 State 2.1km
- TKKM o Te Hiringa Composite Years 1-15 State 2.3km
- Forest View High School Secondary Years 9-15 State 2.4km
- Cargill School Primary Years 1-6 State 2.5km
- Tainui Full Primary 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 17.9km
- Mangakino School Full primary Years 1-8 State 18.8km
- Putāruru Primary School Primary Years 1-6 State 19.5km
- St Mary's Catholic School (Putāruru) Full primary Years 1-8 State integrated 20.8km
- 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 32.4km
- John Paul College Secondary Years 7-15 State integrated 32.6km
- Western Heights High School Secondary Years 9-15 State 32.6km
- Rotorua Girls' High School Secondary Years 9-15 State 33.2km
- Rotorua Boys' High School Secondary Years 9-15 State 33.4km
- Te Rangihakahaka Centre for Science and Technology Composite Years 1-10 State 33.5km
- TKKM o Te Koutu Composite Years 1-15 State 33.7km
- Rotorua Lakes High School Secondary Years 9-15 State 38.9km
- Te Wharekura o Ngāti Rongomai Composite Years 1-15 State 39.6km
- TKKM o Ruamata Composite Years 1-15 State 41.9km
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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Contact Greig Kirby
Contact Greig Kirby
Greig Kirby
4 Liberton Place, Tokoroa 3420
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Greig Kirby
4 Liberton Place, Tokoroa 3420