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Welcome to 15 Andrew Street, Tokoroa
This purpose-built investment property offers an outstanding opportunity for both strong cash flow and future capital growth, making it a smart addition to any portfolio.
Set on an 832m² freehold section, the property comprises three spacious 2-bedroom units, currently generating a rental income of $1,080 per week. With even greater potential, an independent rental appraisal estimates a weekly income of $425 per unit, totaling $1,275 per week-translating to an impressive annual income of $66,300. This is a banker's dream!
Each unit features modern kitchens and bathrooms, high-quality fittings, and open-plan living areas that flow seamlessly into private courtyards. Additionally, each unit comes with a single carport and extra off-street parking.
With its appealing street presence and welcoming atmosphere, the property is conveniently located near the Tokoroa town center and essential services, ensuring tenants have everything they need within easy reach.
High tenant demand and a strong occupancy rate make this a hassle-free investment opportunity. Whether you're a local or absentee investor, this property offers straightforward real estate ownership with reliable returns.
Don't miss out on the chance to own this exceptional investment.
Contact Greig Kirby today to schedule a viewing:
0274 916 901
Disclaimer - All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.