[SOLD] Investors Delight

6 Fife Place, Tokoroa - $179,000

An excellent starter - very difficult to find these now


Highlights:

Property Features: Add Value / 3 Bedrooms

  • Price: $179,000
  • Gross Yield: Potential 8.1%
  • Capital Value: $151,000
  • Rental Status: Vacant
  • Rent Appraisal: $260 - $280 p/w (with interior decoration & section tidy up)
    Written Appraisal available to potential purchaser
  • Annual Rates: District $2,039, Regional $163 Total = $2,202
  • Estate Type: Freehold
  • Floor Area: 80m2
  • Land Area: 864m2

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If this property is not quite what you are looking for, contact the agent today to discuss finding a property directly for you.

About the Property

This property has 3 bedrooms on a large section and is in a cul-de-sac. The exterior walls of the house has just been professionally painted along with the small sleepout. The section is large and mostly flat.

The kitchen is standard and is combined with the dining. The vinyl in the kitchen is in good condition, as is the carpet throughout the house. The bedrooms are a reasonable size. The bathroom and toilet are separate and standard. The house has just been professionally insulated and there is a woodburner that needs cleaning and a new door.

Opportunity exists here to add value, which will boost the rental potential. The interior would easily be modernised with a paint job. The bathroom would also look good with updating. One window frame needs replacing, the others need to be sanded and painted. A tidy-up of the section will complete the project.

One job that does need doing is repairing the fire. Please contact Wayne for details and costs involved.

Below are some "back of the envelope" estimates that we can help you firm up during your due diligence...

  • Bathroom update $2,000-$5,000k depending on amount done
  • Fire replacement $3,000-$4,000 approx
  • Carport $4,000
  • Paint roof $3,500
  • Section $2,000
  • Window repairs & painting $2,000

By getting the work done, either by yourself or through contractors, the property will last for years.

Contact Wayne today for further information on this rare opportunity.

Amenities

220m to main transport route, 400m to school, 480m to shops, 970m to hospital

District rates 6 Fife Pl.pdf

Regional rates 6 Fife.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

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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