56 A&B Fergusson Street, Tokoroa, South Waikato

8% gross yield and $20,000 deduction was $695,000 now $675,000 An investment opportunity offering strong returns, low maintenance, and immediate positive cash flow.Positioned on 809m2; (more or less) of freehold land, 56 Fergusson Street, Tokoroa comprises two income-producing units on one Title. With an independent registered valuation of $710,000 and a current CV of $595,000, this property delivers an impressive annual income of $53,300. An independent rental appraisal suggest upward movement with the rental income Unit A 2 bedroomsOpen-plan livingCarport with own driveway entranceCurrently rented at $440 per week Unit B 2 Bedrooms & three carpeted 'utility' rooms (two with wardrobes)Spacious open-plan living, plus 2nd Lounge Large carport with own driveway entrance, plus fenced back yard Currently rented at $585 per week Located among quality family homes and within easy reach of local amenities and multiple schools, the property provides a desirable living environment for tenants. .Professionally managed and well-maintained, this is an ideal acquisition for both absentee investors and local buyers seeking a strong-performing asset.An in-demand property from prospective tenants, which is demonstrated by the property's high occupancy rate, thus creating a hassle-free investment.Healthy Homes compliant.--