Tokoroa, South Waikato

Opportunities in this price bracket are becoming harder to find, especially with the Healthy Homes work already completed.Positioned at the front of the complex, 21A Hinau Street offers an affordable, low maintenance investment or first home opportunity with immediate appeal.Now priced at $239,000, the property has an estimated rental return of $390 to $420 per week, providing a potential gross return of approximately 8.4% to 9.13%.Inside, the home offers two bedrooms, open plan living and dining, a functional kitchen with electric cooking, combined bathroom and toilet, plus a heat pump for year round comfort. The interior is tidy, practical and rent ready.A recent Healthy Homes Certificate of Compliance confirms the property meets the required standards for insulation, heating, ventilation, moisture ingress and drainage.Outside, there is off street parking and a partially fenced outdoor area, giving tenants or owners a simple, easy care setup without the maintenance of a larger section.For investors, much of the hard work has already been done. For first home buyers, this could be an affordable step onto the property ladder without needing to immediately tackle compliance upgrades.With the price repositioned and investor demand remaining strong for properties with healthy homes compliance already in place, this is one you will want to act on quickly.If you are looking to secure an investment in an affordable bracket with strong returns, contact Michelle to arrange a viewing.Tokoroa, South Waikato District (ID: 17541)https://rwtokoroa.co.nz/tok30568