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23B Hinau Street, Tokoroa, Waikato, 2 Bedrooms, 1 Bathrooms, Unit

$249,000

23B Hinau Street, Tokoroa, Waikato

2
1
60m2
UnitListed on Fri Sep 13
Price drop

Tokoroa 2 Bedroom 8.9% G Y - 2 BRM UNIT - TOKOROA - $249,000

A Banker's Delight - Exceptional Quality -- 8.9% Gross Yield

Calling all first-time homebuyers and investors! This property presents an outstanding opportunity for a seamless and hassle-free investment with strong potential for capital growth.

The home features two spacious bedrooms, a modern kitchen, and quality fittings throughout. With off-street parking and a north-facing aspect, this property offers a warm and inviting living environment that will always be in demand from prospective tenants.

An independent rental appraisal suggests a potential rental income of $450 per week, providing an impressive annual return of $23,400. It's truly a banker's delight!

Key Highlights:

- 8.9% Gross Yield

- 2 Bedrooms, Modern Kitchen, Quality Fixtures

- Off-Street Parking

- North-Facing Aspect for Year-Round Comfort

Healthy Homes Compliant

Located at 23B Hinau Street, Tokoroa, in the desirable northern catchment, this property is just a short commute to Tokoroa's town centre and essential services. With its excellent street appeal and top condition, it's ready for you to move in or for immediate rental returns.

Don't miss out - contact the listing agent today to arrange a viewing.

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.

Location

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Council Data

Last update : 2025 02 19
Improvement value$60,000Reduced by 0% from year 2018
Land value$140,000Reduced by 0% from year 2018
CV(Year 2021 Month 07)$200,000Reduced by 0% from year 2018
View typeNo appreciable view
ContourLevel
Floor area59m²
Decade of construction1970
TitleSA51C/976
Type of titleCross-Lease
Legal descriptionLOT 34 35 DPS 11183 FLAT 6 DPS 61420 1/8 INT IN 1796 M2, LOT 34 35 DPS 1118
CouncilSouth Waikato
Estate descriptionFSIM,1/8,LOT 34-35 DEPOSITED PLAN SOUTH AUCKLAND 11183,1796m2
ConstructionExternal Walls: Wood
Roof: Tiles
ConditionExternal Walls: Average
Roof: Average

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Tokoroa North School
0.50 km
Primary
1-6
Government
Co-Educational
EQI: 485
3

Property history

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Surrounding facilities

Hinau Street Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
32 Baird Road, Tokoroa
0.14 km
3
1
120m2
Year 2025 Month 02 Day 21
-
Council approved
0.13 km
2
1
74m2
Year 2024 Month 12 Day 11
$302,000
Council approved
23a Pohutukawa Drive, Tokoroa
0.16 km
2
1
75m2
Year 2024 Month 11 Day 27
$350,000
Council approved
Hinau Street, Tokoroa
0.11 km
220m2
Year 2024 Month 09 Day 29
$887,000
Council approved
24A Baird Road, Tokoroa
0.08 km
2
1
80m2
Year 2024 Month 09 Day 06
-
Council approved

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Ref:MAN33300Last update:2025-02-05 10:05:52