Dual, Immediate Income with Great Tenants

56a & 56b Fergusson Street, TOKOROA WAIKATO 3420
Deadline Sale (unless sold prior)
4 Bedrooms
2 Bathrooms
0 Car Spaces
For Sale
House
809.0 m2

Description

If you've been searching for a solid, income-generating addition to your portfolio, this dual-flat property is one you won't want to miss.

Set in a sought-after neighbourhood, 56 Fergusson Street offers two well-maintained flats on one title, both currently occupied by reliable, long-term tenants.

Front Flat:
2 bedrooms, practical layout, heat pump, carpeted, and a separate toilet.

Rear Flat:
2 bedrooms, plus 2 utility rooms and 2 lounges, offering exceptional flexibility for families or shared living. Also fitted with a heat pump and well-laid-out spaces.

This property delivers immediate, consistent rental income from day one -and for investors with vision, there's great potential to add value through renovations, further lifting rental returns and long-term growth.

Conveniently located near parks, a kindergarten, schools, and public transport, tenant demand here remains strong.

A Registered Valuation of $710,000 was completed earlier this year, confirming the strength of this opportunity. Even at that price, the property still provides a very healthy gross yield, making it an attractive, numbers-driven investment.

With its proven rental history, great tenants, and clear upside, 56 Fergusson Street is a dependable, high-performing investment.

- Rental information and valuation details available upon request. Contact us today to arrange your private viewing.

Location

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