Tokoroa - We envision buyer enquiry over $279,000

Description

Tokoroa has long been known as a rental investor's mecca with an abundance of tenants and strong occupancy rates, it's a well proven market!
With a current rental appraisal at $420 per week and at a sale price of $279,000 this would give this property a gross yield of 7.8 % with more to come. Factor in possible rate drops this could develop into a nice investment opportunity - so its all looking positive!
Come and see why the Tokoroa rental market has attracted savvy investors from all over New Zealand
Two-bedroom home with a bathroom featuring a corner shower, a vanity, and a toilet.
The heart of the home is the spacious open plan kitchen, dining, and lounge area.
A heat pump has been installed in the lounge.
Featuring a private courtyard and a single garage, complete with a small workshop area at the rear.
Location is key, situated very close to the town CBD, you will find all the amenities you need just a short stroll away.
Enjoy the convenience of hot pools and Countdown Supermarket close by also
3 Colinton Place is a canvas for your creativity or a perfect opportunity to step into the flourishing Tokoroa property market. With its handy location this property has the potential to become a profitable venture or a cherished home.
This clearly represents value for money, so register an appointment with the exclusive listing agents today.