[SOLD] Renovate, Revalue and Relax
5 Andrew Street, Tokoroa - $114,350
A great starter for first-time investors; roll up your sleeves, redecorate, revalue, relax!!
Redecorate and then bank the rent for years to come.
This property is flat, fenced, private and has good street appeal.
The house is a great example of a solid home and is asking for redecoration. Inside there are 3 good sized bedrooms, an open 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.
Insulated above the ceiling, there is an opportunity to increase the rent by further insulating the house.
The windows are mostly wooden joinery that could do with painting, ensuring they last for years to come, this will lower the maintenance costs.
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 long term tenant.
Redecoration is needed here, which will add value to the property and allow for a substantial rent increase to ensure your success.
200m to shops, 440m to kindergarten, 660m to primary school, 895m to intermediate and high schools, 1500m to hospital and medical centre
Licensed Salesperson - REAA 2008
027 200 2556