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6 Fife Pl

Tokoroa Waikato

3
1
4
81 m²
865 m²
House
Currently for sale - view listing

Overview

7% Gross Return - Great Investment or First Home

Set on a generous 865m² (more or less) section, this well-presented three-bedroom weatherboard home presents an excellent opportunity for investors, or first home buyers, seeking strong returns and long-term potential. Accompanied by a current rental appraisal of $500 per week, it offers a gross rental yield of over 7.0% at the asking price of $369,000. Recently refreshed with a new kitchen, new carpet, and a fresh interior paint job, the home is ready with little to no work required. The light-filled open-plan living area is complemented by ample storage, quality appliances, and a heat pump for year-round comfort. Three bedrooms, a renovated bathroom, and a separate laundry further enhance the property's broad appeal. Outside, the expansive 865m² (more or less) section provides plenty of off-street parking, a large lawn, and a versatile outdoor room ideal for additional storage, a hobby space, home office, or hobby room. The generous landholding also adds long-term value, with scope to explore future development potential, subject to the necessary council approvals. Whether you're looking for an investment with an attractive 7.0% gross yield, or you're a first home buyer looking for a property that is well maintained and move-in ready, this is an opportunity well worth considering.

Features

3 bedrooms
1 bathroom
4 carspaces
81 m² floor area
865 m² lot size
House

Happy sellers in Tokoroa

73%
73% 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 67 reviews in Tokoroa over the last 12 months.

Local market activity for 3 bedroom houses in Tokoroa

In the last 12 months, 60 three-bedroom houses similar to 6 Fife Pl, have been sold.

This represents a 61% decrease in three-bedroom houses sales when compared to the previous 12 months.

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