[SOLD] Solid & Reliable with Lots of Upside

19 Charles Street, Tokoroa - $122,350

Strong location, tenant friendly - cashflow and equity to be made here, but roll up your sleeves!!

Opportunity twists: tidy up and rent out OR convert to 4 bedroom home then rent out. You choose!!


Highlights:

Property Features: 3 br 1 ba

  • Price: $122,350
  • Capital Value: $93,000
  • Rental Status: Currently rented at $180 p/w to a long term tenant, who expects a rent increase is due
  • Rent Appraisal: $230 - $260 p/w - after a complete makeover.
    Written Rental Appraisal available to potential purchasers.
  • Annual Rates: District $1645, Regional $129, Total = $1774
  • Estate Type: Freehold
  • Floor Area: 110m2
  • Land Area: 827m2

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About the Property

This property is mostly flat, fenced, private and has good street appeal.

The house is a great example of a solid home and is begging for redecoration. Inside there are 3 good sized bedrooms, an open dining/kitchen, and a good sized lounge fitted with a heat pump. There is room for a fire, with the previous one removed. There are separate shower and bath, and again, bathroom redecoration will make it look sharp. There is a good sized office off the lounge, which could be potentially made into a bedroom.

The windows are mostly aluminium joinery, reducing maintenance for years to come.

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

The property is privately owned and slightly under-rented to a good long term tenant.

Redecoration is needed here, which will add value to the property, increase your rents with tenants willing to pay a fair market rent, all of which contributes to your success.

Amenities

The property is only 220m to a Kindergarten, 500m to the Primary School and 990m to the High School.

Within walking distance to the CBD which is only 1200m away.

District rates 19 Charles Street Tokoroa.pdf

QV Report 19 Charles Street Tokoroa.pdf

Regional rates 19 Charles Street Tokoroa.pdf

Rent Appraisal 19 Charles St Tokoroa.pdf

iFindProperty Wayne Dickson

Wayne Dickson
Licensed Salesperson - REAA 2008

wayne@ifindproperty.co.nz
027 200 2556

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This property is SOLD
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Agent Contact Details

iFindProperty Wayne Dickson

Wayne Dickson
Licensed Salesperson - REAA 2008

wayne@ifindproperty.co.nz
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 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 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