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Tokoroa - 3 beddie brick investment
Price | Offers Over $395,000 |
Location | 82 Arthur Street, Tokoroa |
Type | House |
Bedrooms | 3 |
Bathrooms | 1 |
Floor Area | 89 m2 |
Land | 923 m2 |
Listing No # | TOU192444 |
Listed | 10/10/2024 |
Views | 22 |
Open Homes
Description
Tokoroa has long been known as a rental investor's mecca with an abundance of tenants and strong occupancy rates, its a well proven market. Currently rented at $450 per week gives this property a gross yield of 5.9 % with more to come. Factor in possible rate drops this could develop into a nice investment opportunity and includes lovely tenants that are wanting to stay on - so its all looking positive!
Three Bedroom brick dwelling making it an ideal choice for first-time buyers or savvy investors. Located at the quiet end of Arthur Street with no through traffic to be concerned about, this home is conveniently close to local amenities, including a High School and Intermediate, making it particularly appealing for families.
Featuring a combined kitchen and dining area that serves as the heart of the home while the adjoining living room provides an excellent flow for the family and is heated via a Gas fire.
The family bathroom provides all the necessities, while a convenient bonus shower in the laundry adds practicality to your daily routine.
A solid single garage comes complete with an attached shed, providing more than enough space for tools, outdoor gear, or seasonal items. An additional enclosed garden shed further enhances your storage options.
The exterior of the home is built from low-maintenance solid brick, ensuring durability and minimal upkeep for years to come. Families will love the spacious outdoor area, complete with a well-fenced section for added privacy and security. Mature trees and shrubs create shade and a pleasant backdrop for outdoor play, while the generous yard promises plenty of room for children to explore and enjoy the fresh air.
Whether you're looking to start your property journey or expand your investment portfolio, this home is ready to meet your needs and with over 300 rental managements in place we are your local market experts. Don't miss your chance to own this property in a handy location.
Private viewings are essential, and all appointments will be made with consideration for the tenants. (48 hours notice is recommended).
Contact the listing agents today to book an appointment.