111 Manaia Street

FALLEN SALE - SEPARATE TITLES -TOKOROA

Build your capital - Proposed Subdivision Plan. There has been a proposed subdivision plan drafted to subdivide the property into three titles, generating a 408.2m2 (net Site Area) section. Refer to the attachment. It's a winner.
The property - comprises 2 large purpose-built 2-bedroom units nestled on 1054m2 freehold land, brick construction, built for longevity, each unit is complemented with lockup single garaging, off-street parking and their individual title.
The rental income per unit per week of $310.00 is great, but an independent rental appraisal of $390.00 per week per unit equates to $780.00 per week = $40,560 pa. Plus the proposed newly built dwelling is a banker's delight
111 Manaia Street Tokoroa is located in a quiet location, surrounded by quality real estate. Easy commute to Tokoroa's shopping centre hub, local amenities, schools and service clubs.
An in-demand property from prospective tenants, which is demonstrated by the property's high occupancy rate Thus creating a hassle-free investment

The perfect acquisition for capital growth

Please allow 48 hours' notice for viewing as all units are tenanted

Disclaimer -This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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.