Unit 135, 135/137 Grampian Street, Tokoroa, South Waikato

Located in a desirable south-side location, this well-maintained investment opportunity offers four tidy two-bedroom units on two separate titles, ideal for investors seeking strong returns and long-term flexibility. Each unit features its own carport and a separate storage space, providing practical living and added tenant appeal. The property is currently fully tenanted with lovely, reliable occupants who are happy to stay, ensuring immediate and consistent income from day one. The current annual rental income is $77,480, delivering a solid gross yield of 7.91%. With a recent rental appraisal indicating potential for increased returns, the gross yield could improve to approximately 9.14%, making this an attractive high-yield investment in today’s market. The property has also benefited from recent roof maintenance, including new stainless steel screws, with all roof sheets resealed and repainted, providing added durability and peace of mind for future owners. Offering multiple income streams across two titles, this is an excellent opportunity for investors seeking a low-maintenance, income-producing asset with strong future potential. Contact the listing agent today for further information.

$979,000

• Large two-bedroom unit • Highly sought-after Northern location • Modern kitchen with quality appliances and tile finishes • Large, modern bathroom with tiled finishes, full bath & modern shower • Separate toilet for added convenience • Relax in the Spacious lounge flowing seamlessly into a bright conservatory • Large single garage with workshop space and rear • Large Separate Laundry with tile finishes • Durable brick exterior with metal tile roof • Fresh decor throughout • Stunning, move-in-ready finish. A beautifully presented home in a prime location. With unprecedented demand anticipated this property will require your immediate attention. Contact the exclusive listing agents today to secure your opportunity.

Buyers $459,000+

This property is seriously for sale - an opportunity not to be missed. A private front unit on an easy-care section. This would be a great step onto the property ladder, downsize option, or investment property at an affordable price point. Enjoy comfort, convenience and space in this practical 90 sqm (approx.) unit. Featuring two generous bedrooms, a bathroom, a light-filled living area, and a well-equipped kitchen. Other features include the single garage with laundry facilities and extra storage. Good interest is anticipated, and this property may sell at any stage so call us today to avoid disappointment.

By Negotiation