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Back 16 Margaret Street
Off Market

16 Margaret Street

Tokoroa Waikato

6
3
3
852 m²
Unit
Greig KirbyGreig Kirby, last sold this property on 02 March 2026 after 2065 days on market.

Overview

8.44% G Y - 3 UNITS -- Tokoroa - $795,000

A classic and tightly held block of units, proudly positioned on a sunny corner site. Constructed in enduring brick, this well-presented investment offers reliable passive income and strong long-term capital growth. If you're seeking a seamless, set-and-forget opportunity, 16 Margaret Street, Tokoroa delivers exactly that. The property comprises three purpose-built two-bedroom units on a generous 852m² freehold section. Each unit includes a single carport, additional off-street parking, and enjoys attractive, low-maintenance northerly grounds-providing warm, comfortable living for tenants. The rental income is consistent and effortless. An independent rental appraisal of $410-$430 per week per unit equates to an approximate annual return of $67,080, delivering an impressive 8.44 % gross yield-a true banker's delight. The location is exceptionally convenient, offering easy access to local amenities, schools, social clubs, and Tokoroa's CBD. High occupancy levels and proven tenant longevity highlight the strong demand in this area, making this a low-stress, hassle-free investment-ideal for both absentee owners and local investors. Please contact the listing agent for viewing times Please note: As all units are currently tenanted, a minimum of 24 hours' notice is required for viewings.

Features

6 bedrooms
3 bathrooms
3 carspaces
3 carport spaces
852 m² lot size
Unit

Estimated Value

We need at least 3 similar 6 bedroom units sold in Tokoroa over the last 12 months.

Property history for 16 Margaret Street

2026
Sold
Undisclosed
02 Mar 2026 by Greig Kirby, of Ray White Ellerslie

Happy sellers in Tokoroa

76%
76% of sellers in Tokoroa reported that their sale price either exceeded or met their price expectations.

Tokoroa stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Tokoroa over the last 12 months.

Local market activity for 6 bedroom units in Tokoroa

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Tokoroa

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Jesse Gemmell

Sellers who recommend Jesse Gemmell have praised them for being clear communication, local expert, friendly, supportive, responsive, empathetic and pleasant

  •   4.9   (76 reviews)
  •  22 Reviews in Tokoroa
  •  14 Sales in Tokoroa
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Barb McMullen

Barb McMullen is a recommended agent for Tokoroa.  They have 18 local sales and collected 16 local reviews across the last 12 months.

  •   4.9   (83 reviews)
  •  16 Reviews in Tokoroa
  •  18 Sales in Tokoroa
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Ben Johnson AREINZ

Ben Johnson AREINZ is a recommended agent for Tokoroa.  They have 13 local sales and collected 13 local reviews across the last 12 months.

  •   5   (62 reviews)
  •  13 Reviews in Tokoroa
  •  13 Sales in Tokoroa
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Katrina John-Tautari

Katrina John-Tautari is a recommended agent for Tokoroa.  They have 13 local sales and collected 9 local reviews across the last 12 months.

  •   5   (23 reviews)
  •  9 Reviews in Tokoroa
  •  13 Sales in Tokoroa
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