Units/Flats For Sale in Tokoroa, South Waikato District, Waikato | For Waikato Real Estate, Choose Eves

South Waikato District, Tokoroa 16A and 16B Hinau Street

$540,000

  • 6
  • 2
  • 2
  • 2

Dual-Unit Investment Opportunity in Tokoroa!

Welcome to 16A and 16B Hinau Street, Tokoroa – an exceptional opportunity for savvy investors or those seeking a multi-generational living arrangement. These two inviting three-bedroom units present a promising blend of comfort, functionality, and potential. With a consistent rental income of $820.00 per week, this dual-property set-up is an attractive proposition in today's competitive market.

These units are thoughtfully designed to provide ample space and modern amenities for residents. Each unit boasts three well-proportioned bedrooms, perfect for families or professionals seeking room to grow. The bathrooms are well-maintained and offer convenient facilities to cater to the needs of all occupants, ensuring daily routines are smooth and comfortable.

The living areas are generous and filled with natural light, creating inviting spaces for relaxation or entertaining guests. The adjoining kitchens are practical and equipped to handle meal preparation, whether for casual family dinners or hosting friends. These features contribute to the contemporary functionality of each unit, making them appealing to a wide range of tenants.

For those with vehicles, the property includes a carport, ensuring that you have protected parking space right at your doorstep. This added convenience enhances the overall appeal of the units, making them even more attractive to prospective tenants.

Currently, the property is generating a reliable income of $820.00 per week, This revenue stream represents a solid investment opportunity, whether you're looking to expand your portfolio or enter the rental market with a strong foundation.


Don’t miss out on this fantastic opportunity to own a piece of real estate that combines resident comfort with solid rental returns. Whether you intend to live in one unit and rent the other, or maintain it entirely as an investment, 16A and 16B Hinau Street, Tokoroa, is poised to deliver value on multiple levels.

Take the next step towards making this property your own; contact us today for more information or to schedule a viewing. This is a chance you don’t want to pass up!

For Sale

$540,000

Property ID:

EPU19883

Legal Description:

Lot 1 - Flat 1 and 2, DPS 39743 and DPS 39752 , 16A Hinau Street is firstly an estate in fee simple as to an undivided 1/8 share in all that parcel of land containing 1606 square metres (more or less) being Lot 1 on Deposited Plan DPS 39743 and secondly an estate in Leasehold under Lease number LH653842.1 being Flat 1 on Deposited Plan DPS 39752. Both the first and second estates being comprised and described in Certificate of Title SA36A/836. 16B Hianu Street is firstly an estate in fee simple as to an undivided 1/8 share in all that parcel of land containing 1606 square metres (more or less) being Lot 1 on Deposited Plan DPS 39743 and secondly an estate in Leasehold under Lease number LH653842.2 being Flat 2 on Deposited Plan DPS 39752. Both the first and second estates being comprised and described in Certificate of Title SA36A/837.

Year Built*:

1970

Exterior Construction:

Concrete

Roof:

Iron

Joinery:

Aluminium

House Area*:

166 square metres (approx)

Bedrooms:

6

Chattels:

Blinds, Curtains, Light Fittings, Rangehood x 2, Heat pump(s) x 2

 

*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.