[SOLD] Make your money before prices rise with the crowd rushing in
7 Aotea Crescent, Tokoroa - $125,350
Make your money and land-bank here in a sought after location. Minor cosmetic renovation will lift the rent.
A good sized property in a strong location and well presented. This house has three reasonably sized bedrooms and can accommodate a large family. Insulated above the ceiling and fitted with a wood fire to keep your tenants warm in winter.
The kitchen works well and flows into an attached dining area. The interior is well presented and there is a separate bathroom and toilet. The bathroom has a shower over the bath along with a modern vanity unit with spacious cupboards. Minor cosmetic reno to include painting the kitchen, replacing a bench and replacing a bedroom window frame.
The section is flat and fenced making it safe for pets and children. There is a single garage on the property and the driveway has ample of off street parking. The exterior cladding is in very good condition. There is a good sized single garage.
This property would make a great starter for an investor to either begin their portfolio or add to an existing portfolio, with only a small deposit needed. It is cash flow positive with a potential 9.2% gross yield. It would attract good tenants due to it's strong location.
350m to kindergarten, 510m to hospital and medical centre, 750m to popular lake reserve, 800m to 3 different shopping centres as well as primary, intermediate and high schools.
Licensed Salesperson - REAA 2008
027 200 2556