Potential 8.4% Gross Yield - Northside with Four Bedrooms!


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.

  • Estate type: Freehold
  • Rental status: Owner Occupied
  • Rental appraisal:$250 - $300 p/w
    Written Appraisal available to potential purchaser.
  • Floor area: 110m2
  • Land area: 809m2
  • Bedrooms:
  • Bathrooms: 
  • Car parking:
  • Rates: District: $1,730, Regional: $137, Total: $1,867

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

  • $185,000
  • Gross yield: Potential 8.4%
  • Rental appraisal: $250 - $300 p/w Written Appraisal available to potential purchaser.
  • Annual rates: District: $1,730, Regional: $137, Total: $1,867
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Wayne Dickson

Licensed Salesperson
REAA 2008