Solid & Reliable with Add-Value Opportunity

  • 185 Balmoral Drive, Tokoroa
  • Beds
  • Bath
  • 110m2

Description

This property is mostly flat, fenced, and has great street appeal. Brand new roof fitted!

The house is a great example of a solid home and it awaits interior redecoration ($5,000 approx). Inside there are 3 good sized bedrooms, a combined dining/kitchen, and a good sized lounge fitted with a wood fire. The shower over the bath works well, and again, bathroom redecoration will make it look sharp.

Fully insulated above the ceiling and below the floor to ensure that you are warm in winter and cool in summer.

The exterior of the dwelling is in good condition and has been well looked after, ensuring it lasts for years to come, lowering the maintenance costs.

There is a large double garage on site and there is a private backyard for tenants to enjoy.

The basement garage provides a further opportunity to add value through change of use.

Interior redecoration is needed here, which will add value to the property and allow for a rent increase to ensure your success.

PROPERTY DETAILS
  • Estate type: Freehold
  • Rental status: $220 p/w
  • Rental appraisal:$230 - $240 p/w - after interior redecoration.
    Written Appraisal available to potential purchasers.
  • Floor area: 110m2
  • Land area: 870m2
  • Bedrooms:
  • Bathrooms: 
  • Car parking:
  • Rates: District: $1,654, Regional: $130, Total: $1,784
AMENITIES

400m to shopping centre, 580m to hospital and medical centre, 820m to all levels of schooling, 840m to lake reserve

LOCATION
  • $145,350
  • Gross yield: Potential 8.5%
  • Rental appraisal: $230 - $240 p/w - after interior redecoration. Written Appraisal available to potential purchasers.
  • Annual rates: District: $1,654, Regional: $130, Total: $1,784
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ABOUT THE AGENT

Wayne Dickson

Licensed Salesperson
REAA 2008

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