


Listing Description
Dual, Immediate Income with Great Tenants
56a & 56b Fergusson Street, Tokoroa, South Waikato, Waikato
Price by negotiation
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $595,000 |
| Parking | Front flat single carport. Rear flat large carport plus driveway parking |
| Agency reference | 32670702 |
| Broadband in the area |
Description
If you've been searching for a solid, income-generating addition to your portfolio, this dual-flat property is one you won't want to miss.
Set in a sought-after neighbourhood, 56 Fergusson Street offers two well-maintained flats on one title, both currently occupied by reliable, long-term tenants.
Front Flat: 2 bedrooms, practical layout, heat pump, carpeted, and a separate toilet.
Rear Flat: 2 bedrooms, plus 2 utility rooms and 2 lounges, offering exceptional flexibility for families or shared living. Also fitted with a heat pump and well-laid-out spaces.
This property delivers immediate, consistent rental income from day one -and for investors with vision, there's great potential to add value through renovations, further lifting rental returns and long-term growth.
Conveniently located near parks, a kindergarten, schools, and public transport, tenant demand here remains strong.
A Registered Valuation of $710,000 was completed earlier this year, confirming the strength of this opportunity. Even at that price, the property still provides a very healthy gross yield, making it an attractive, numbers-driven investment.
With its proven rental history, great tenants, and clear upside, 56 Fergusson Street is a dependable, high-performing investment.
- Rental information and valuation details available upon request. Contact us today to arrange your private viewing.






















