Bridge Street, Tokoroa, Waikato

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 9.1% 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.