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56a & 56b Fergusson Street, Tokoroa

Asking price $685,000

Listing Description

Listed: Thu, 27 Nov

Dual, Immediate Income with Great Tenants

56a & 56b Fergusson Street, Tokoroa, South Waikato, Waikato

Asking price $685,000

Details

  •   4 Beds
  •   2 Baths
  •   190m² Floor
  •   809m² Land
AttributeValue
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 areaFibre, ADSL, Satellite, VDSL, Wireless

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.

Open home times

No times scheduled



Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



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Agent's details

Andrea Fenton

Enquire about the property

United Real Estate 2001 Limited Rotorua, (Licensed: REAA 2008)

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