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ID#556635
Tokoroa
South Waikato
$1,100,000
6
4
260m²
(2,798.61 sq.ft.)
806m²
(8,675.7 sq.ft.)
proudly marketed by
Greig Kirby
Ray White Ellerslie
8% GROSS YIELD TOKOROA $1,100,000
Are you looking for a turn-key uncomplicated, classic purpose-built investment with northerly aspects, that is in demand from prospective tenants. Quality, and Lockwood design (very low maintenance). 24 Hinau Street Tokoroa represents all these categories. The property features four large 2-bedroom units, nestled on 806m2 freehold lands. Each unit is complemented with a private courtyard, quality fittings throughout and a single carport with off-street parking. The Current annual rental income $87,360 just keeps on rolling in. which equates to an impressive 8% gross yield on the asking price. An independent rental appraisal of $430 - $435 per week per unit makes this, a little gem.
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.
Keywords
Features
- Undercover Parking
Agent
Greig Kirby
Ray White Ellerslie
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
The award-winning team at Ray White Ellerslie have added another arrow to their mighty quiver, with top-performing salesperson, Greig Kirby. With over 26 years of experience, you can confidently call Greig an authority. With over $300 million in sales, you could also call him your property’s greatest asset.
Starting out in the insurance industry as an insurance agent, Greig quickly adopted the principles of sales, finance, communication and customer service, before moving into his chosen vocation. Greig has sold countless residential properties, but notably specialised in residential investment property. His proficiency earned him the nickname of “The Flat Specialist”, and a portfolio brimming with units/flats from Whanganui to Kaitaia.
A testament of Greig’s reputation, a remarkable 75% of Greig’s business comes directly from past clients and referrals. Greig believes in building productive long-term relationships and securing prime outcomes for his clients.
Consequently, Greig has amassed an extensive database permitting him to make connections between buyers and vendors, often before your property has time to reach the market.
Few people remain in one career so long without genuine passion. Greig agrees, commenting: I love it when clients simply say “thank you”. Citing a strong work ethic and unrelenting consistency, Greig also shares the following philosophy: “I refuse to compromise on the truth”.
Not slowing down...
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