30 Cobham Crescent Tokoroa, South Waikato District

5 Excellent units - Purpose-Built Investment - Brick & Concrete Construction

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

Each of the five spacious two-bedroom units features:

• Northerly aspect for warm, sun-filled interiors
• Open-plan living with a separate kitchen
• Single carport plus additional off-street parking
• Predominantly long-term tenants
• Current annual rental income: $105,040 pa
• Independent rental appraisal: $420 - $435 per week per unit
• Appraised annual rental income: circa $111,150pa
• 5 Units showing - 8.4% gross yield
• Easy-care grounds for minimal upkeep

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.