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Listing Description
Listed: Fri, 20 Feb
8.5% Gross Yield - Tokoroa $1,280,000
30 Cobham Crescent, Tokoroa, South Waikato, Waikato
Details
Other Features
| Attribute | Value |
|---|---|
| Property type | Unit |
| Parking | 5 garage spaces, 3 carport spaces |
| Agency reference | ELL35004 |
Description
5 - Purpose-Built Investment Units
30 Cobham Crescent has been built for longevity. This classic block of five units presents a seamless low-maintenance investment opportunity. Constructed from durable brick and concrete, situated on 1,191m² of freehold land. This property is designed to deliver reliable passive income and long-term capital growth. A little TLC, bring the paint brush to add value.
Each of the five spacious two-bedroom units features:
- Northerly aspect for warm, sun-filled interiors
- Open-plan living with a separate kitchen
- Single carport plus additional off-street parking
- Predominantly long-term tenants
- Current annual rental income: $105,040 pa
- Independent rental appraisal: $420 - $435 per week per unit
- Appraised annual rental income: circa $111,150pa
- Easy-care grounds for minimal upkeep
Professionally managed and well-maintained, this is an ideal acquisition for both absentee investors and local buyers seeking a strong-performing asset.
Contact the listing agent today to arrange a viewing.
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Property Files
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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.
Greig Kirby
Ray White Ellerslie (Now Realty Limited), (Licensed: REAA 2008) 
Property Partner
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