


Listing Description
Dual, Immediate Income with Great Tenants
56a & 56b Fergusson Street, Tokoroa, South Waikato, Waikato
Asking price $685,000
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.
Open home times
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.






















