3 Colinton Place, Tokoroa, New Zealand being shown by Property Brokers with MLS # TOU193344

Tokoroa has long been known as a rental investor's mecca with an abundance of tenants and strong occupancy rates, it's a well proven market! With a current rental appraisal at $420 per week and at a sale price of $279,000 this would give this property a gross yield of 7.8 % with more to come. Factor in possible rate drops this could develop into a nice investment opportunity - so its all looking positive!Come and see why the Tokoroa rental market has attracted savvy investors from all over New ZealandTwo-bedroom home with a bathroom featuring a corner shower, a vanity, and a toilet.The heart of the home is the spacious open plan kitchen, dining, and lounge area. A heat pump has been installed in the lounge.Featuring a private courtyard and a single garage, complete with a small workshop area at the rear.Location is key, situated very close to the town CBD, you will find all the amenities you need just a short stroll away. Enjoy the convenience of hot pools and Countdown Supermarket close by also3 Colinton Place is a canvas for your creativity or a perfect opportunity to step into the flourishing Tokoroa property market. With its handy location this property has the potential to become a profitable venture or a cherished home.This clearly represents value for money, so register an appointment with the exclusive listing agents today.

Amenities

Bedrooms: 2
Full Bathrooms: 1
Partial Bathrooms: 0
Property Type: Other
Home size: 0 ft² / 0.00 m²
MLS: TOU193344
Web ID: HXY33H
Status: Current

Buyers $279,000+ NZD

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