[SOLD] Potential 8.4% Gross Yield - Northside with Four Bedrooms!

16 Kowhai Place, Tokoroa - $185,000

Northside and 4 bedrooms - very rare to find these under $200K!!!


Property Features: 4 Bedrooms

  • Price: $185,000
  • Gross Yield: Potential 8.4%
  • Capital Value: $100,000
  • Rental Status: Owner Occupied
  • Rent Appraisal: $250 - $300 p/w
    Written Appraisal available to potential purchaser.
  • Annual Rates: District: $1,730, Regional: $137, Total: $1,867
  • Estate Type: Freehold
  • Floor Area: 110m2
  • Land Area: 809m2

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Additional Information

This property is in an excellent location near a very popular school and kindergarten. The interior has near new carpet, new curtains (curtains being fitted August 2017) and is awaiting the new owner to put their own touch on it with a bit of interior decoration. The home is fully insulated and fitted with a heat pump along with being well positioned for the sun, making it warm and cosy all year round.

The kitchen works well and still gives an option for a dishwasher. The dining room is combined with the lounge making it an excellent sized, usable space.

The modern bathroom has a combined shower over the bath and there is a separate toilet.

A solid weatherboard exterior that has just been painted means that the maintenance is very low.

There is a no garage or carport on site but there is potential to have one in either the front or rear yard. Approx cost would be from $6k, depending on whether you choose to go with a carport or a garage. The house is situated more towards the front, leaving a massive back yard which is fully fenced.

This property is an excellent example of quality living at an affordable price on the popular north side of Tokoroa.


100m to primary school, 220m to kindergarten, 1060m to CBD, 1400m to high schools and intermediate

District Rates 16 Kowhai Pl.pdf

QV Report 16 Kowhai Place Tokoroa.pdf

Regional Rates 16 Kowhai Pl.pdf

Wayne Dickson
Licensed Salesperson - REAA 2008

027 200 2556

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This property is SOLD
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Agent Contact Details

Wayne Dickson
Licensed Salesperson - REAA 2008

027 200 2556

We have bought four properties this year, from different agents. We found Wayne Dickson to be the most helpful agent we have ever come across. He gave us a lot of “above and beyond” help. We live out of town, so the help was greatly appreciated.

Wayne also has a team of contacts for almost anything you can think of property wise, which we have utilised. This has saved us hours of time in building a network for our out of town houses.

I would highly recommend dealing with Wayne to anyone, he knows what he’s doing and we feel lucky to have bought a house from him. I would not hesitate to buy from Wayne again in the future.

Matthew & Angela Gill

When we decided to sell our investment properties recently, we needed someone we could rely on and trust.

One name came immediately to mind, and as per our expectations, we were not disappointed. Wayne understood our requirements extremely well and carried out our instructions in a professional and timely manner. Liaising with everyone on our behalf, the transactions took place with no hassles, delays or problems.

Wayne provided us with good straightforward service - and always with a smile. I would highly recommend him to anyone wishing to use his services. A+++ rating.

Mike West

I am the former owner of a rental property situated at 9 Moa Place, Tokoroa. In January 2015 I placed this property on the market and listed it for sale with an estate agent in Tokoroa. After around three months I was forced to remove it from this agent as there had been little interest, the fees were high and I needed a quick sale.

I contacted Wayne Dickson about selling my property and his reply was prompt and professional. Wayne talked with me about a price and sale that would work with my own requirements and it was clear that what I wanted was what he sought, he made me the priority. After agreeing to terms Wayne sought about selling my property.

Wayne achieved this in a timely and efficient manner. What the Estate Agent has failed to do for me, Wayne was able to do in quick time. MY property sold for the amount I wanted it to sell for and the ease at which this was done amazed me. My lawyers were impressed with Wayne’s efficiency in regards to the sale and purchase agreements and there were no hiccups. The settlement date was even able to be brought forward to speed up the process.

What also made this sale great was that I was able to utilise Fiona Dickson who is Wayne’s wife. While the property was on the market Fiona managed to rent the property out for me at a high rent rate with good tenants. She became my Property Manager. The way that these two worked together was phenomenal and made it a “one stop shop” for all my property needs.

I would recommend both Wayne and Fiona for any property matters whether it be selling or renting the property. Their professionalism and commitment to their clients should be the envy of any local business.

Mike West

I have bought two investment properties through iFind in Tokoroa – so far! Wayne is great to deal with. He is very knowledgeable about the area, a great communicator and trustworthy. As I do not live in Tokoroa it is important for me to have someone local that I can trust to act in my best interest.

I highly recommend Wayne and look forward to working with him a lot more!

Investor Client

We've been very happy with iFindProperty especially your advice around investing outside of cities. Wayne and Fiona have also been great, giving lots of advice highlighting where to invest and where to avoid but particularly the details of the local housing stock and maintenance considerations.

We'll definitely purchase through IFP again