30 Cobham Cresent Tokoroa, South Waikato District

Purpose-Built Investment - Brick & Concrete Construction

Positioned for performance and built for longevity, this classic block of five units at 30 Cobham Crescent, Tokoroa presents a seamless, low-maintenance investment opportunity. Constructed from durable brick and concrete and set on 1,191m² of freehold land, this is a property designed to deliver reliable passive income and long-term capital growth. A little TLC, bring the paint brush and add value.

Each of the five spacious two-bedroom units features:

Open-plan living with a separate kitchen

Northerly aspect for warm, sun-filled interiors

Single carport plus additional off-street parking

Easy-care grounds for minimal upkeep

Strong Income & Attractive Yield

Current annual rental income: $105,040 pa

Independent rental appraisal: $420 - $435 per week per unit

Appraised annual rental income: circa $111,150pa

Estimated gross yield: 8.4%

With a history of high occupancy and predominantly long-term tenants, this property offers stability and reduced management stress. Tenant demand in this location remains consistent, making it a reliable addition to any investment portfolio.

Professionally managed and well-maintained, this is an ideal acquisition for both absentee investors and local buyers seeking a strong-performing asset.

Opportunities like this are rare.

Contact the listing agent today to arrange a viewing.