8% GROSS YIELD TOKOROA $1,100,000

Are you looking for a turn-key uncomplicated, classic purpose-built investment with northerly aspects, that is in demand from prospective tenants. Quality, and Lockwood design (very low maintenance). 24 Hinau Street Tokoroa represents all these categories. The property features four large 2-bedroom units, nestled on 806m2 freehold lands. Each unit is complemented with a private courtyard, quality fittings throughout and a single carport with off-street parking. The Current annual rental income $87,360 just keeps on rolling in. which equates to an impressive 8% gross yield on the asking price. An independent rental appraisal of $430 - $435 per week per unit makes this, a little gem.

An in-demand property from prospective tenants is shown by the property's high occupancy rate, where long-term tenants are the norm. Thus, creating a hassle-free investment. Perfect acquisition for an absentee investor or local investor.

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PLEASE NOTE: All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.