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ID#578868
Tokoroa
South Waikato
$800,000
6
4
250m²
(2,690.98 sq.ft.)
892m²
(9,601.4 sq.ft.)
proudly marketed by
Greig Kirby
Ray White Ellerslie
DO-UP 8.8% G-YIELD TOKOROA - $800,000 neg
You never regret buying good a location and a good piece of real estate, that require an internal makeover. Structurally the home is sound and has good street appeal. Bring the paint brush and reap the rewards - add value.
A property that offers 2 great options:
Incredible home and income package or a blue chip investment
Either way - it's a winner
The property:
Three rental incomes nestled on 898m2 proud corner
3 bedroom + office - independent rental appraisal $450 to $500 pw
2 bedroom unit - independent rental appraisal $410 to $450 pw
1 bedroom unit - independent rental appraisal $360 to $380 pw
Potential 8.8% gross yield, It's a banker's delight
Tax deductibility, landlords will be able to claim 80 percent of their interest expenses from April 1 2024 and 100 percent from 1 April 2025 onwards.
Current C/V $650,000, new C/V's are due for release in two months' time.
108 Bridge Street Tokoroa is located in the heart of Tokoroa. Easy walking distance 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
Please allow 24 hours' notice for viewing as all units are tenanted Contact Greig Ph 0274916901 for viewing opportunity
Disclaimer - 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.
Agent
Greig Kirby
Ray White Ellerslie
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
The award-winning team at Ray White Ellerslie have added another arrow to their mighty quiver, with top-performing salesperson, Greig Kirby. With over 26 years of experience, you can confidently call Greig an authority. With over $300 million in sales, you could also call him your property’s greatest asset.
Starting out in the insurance industry as an insurance agent, Greig quickly adopted the principles of sales, finance, communication and customer service, before moving into his chosen vocation. Greig has sold countless residential properties, but notably specialised in residential investment property. His proficiency earned him the nickname of “The Flat Specialist”, and a portfolio brimming with units/flats from Whanganui to Kaitaia.
A testament of Greig’s reputation, a remarkable 75% of Greig’s business comes directly from past clients and referrals. Greig believes in building productive long-term relationships and securing prime outcomes for his clients.
Consequently, Greig has amassed an extensive database permitting him to make connections between buyers and vendors, often before your property has time to reach the market.
Few people remain in one career so long without genuine passion. Greig agrees, commenting: I love it when clients simply say “thank you”. Citing a strong work ethic and unrelenting consistency, Greig also shares the following philosophy: “I refuse to compromise on the truth”.
Not slowing down...
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