6a Liberton Place, Tokoroa, South Waikato

Nestled in the tranquility of 6a Liberton Place, a freehold property in Tokoroa, South Waikato, this 1980-built residence boasts 3 bedrooms, 1 bathroom, and a floor area of 74 square meters on a levelled 504 square meter section. With an iron roof and wooden exterior walls in average condition, it's an ideal investment opportunity. The property features aluminum joinery, an open plan living area, and a single garage with power. Plus, it's just a 2-minute walk to the town center and comes with a tenant in place, paying $500 per week, which could yield an impressive nearly 8% gross annual return at the asking price. The property's Capital Value (CV) as of July 2021 is $280,000, while the HouGarden AVM estimates it at $255,000.

Historically, the property has shown a promising trend in CV growth. The recent sale history and the healthy homes compliance add to its allure. This is a chance to seize a property that's not just a home but a sound investment.

For families, the property falls within a desirable school zone. The local schools are known for their high decile ratings, ensuring quality education for the kids.

Updated on December 06, 2024