Harcourts Tokoroa
Real Estate Agents
- Listing #:
- TOK4432
- Listed:
- 8 days ago
$385,000
7.8% Gross ROI At Asking Price
16 Esk Crescent, Tokoroa, South WaikatoResidential House
-
- 3 Bedrooms
-
- 1 Bathroom
-
- 1 Toilet
-
- 1 Car Garage
-
- 86m2 Floor Area
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- 984m2 Land Area
About this property
Welcome to this beautifully renovated, low-maintenance weatherboard home, offering modern living and strong investment appeal in a convenient, close-to-town location.A sheltered front porch leads into the spacious open-plan living area. The lounge is kept comfortable year-round with a heat pump, while full insulation in the ceiling, underfloor, and walls (walls non verified) adds to the home's warmth and efficiency. The contemporary kitchen is generous in size, well laid out, and has great storage options.
The home features aluminium joinery, and has recently had the majority of the faux brick cladding removed, exposing the original weatherboards which have been kept in excellent condition. The original iron roof has been over-roofed with metal tile, providing extra durability and protection. Mains gas hot water is a bonus too!
Set on a large, fully fenced section, the property offers excellent outdoor space, ideal for tenants, families, or pets. A near-new 1.5-car garage provides secure parking and valuable extra storage.
With tenants already in place who are keen to stay, the home currently returns $580 per week, delivering an impressive 7.8% gross return at the asking price - making this a smart, hassle-free investment from day one.
A quality, low-maintenance home with all the hard work done, in a location close to town - this is an opportunity well worth your attention. Contact Jesse G for more info or to view - 021 164 2080.
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