Ray White Manurewa

Ray White Manurewa was the beginning of a great journey for Sue Douglas and her family. In 1998, Sue opened her first real estate office on what is now known as ‘Ray White Corner’ on the main street of Manurewa.

Being a founding business for Ray White New Zealand, they have received numerous awards and accolades over the years it remains the stronghold of property management for the Ray White Sue Douglas Group.

Parent company Sue Douglas Group has tripled in the last three years extending to Drury and Takanini with the Manurewa office forming the central hub for administration, marketing, accounts, and customer care.

Ray White Manurewa’s longevity is a distinct asset in the field of real estate. It’s safe to say there are few questions they couldn’t answer, and even fewer problems they couldn’t solve. If you’d like to take the stress out of selling or buying property, give Ray White Manurewa a call – not only will they succeed, but they’ll help you enjoy yourself along the way.

Ray White Manurewa
Sue Douglas Property Services Licensed (REAA 2008)

Real Estate Agents

Ray White Manurewa
Greig Kirby
Ray White Manurewa
169 Great South Road
Manurewa
Auckland 2102
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Listing #:
MAN32338
Listed:
113 days ago

$595,000

INDIVIDUAL TITLES - TWO UNITS -TOKOROA $595,000

111 Manaia Street, Tokoroa, South Waikato
Residential Unit
bedroom
4 Bedrooms
bathroom
2 Bathrooms
carparkgarage
2 Car Garages
floorarea
160m2 Floor Area
landarea
1,054m2 Land Area
About this property
Absentee vendor - all offers will be presented -build capital with this opportunity

Tax deductibility for landlords will be able to claim 80 percent of their interest expenses from April 1 2024 and 100 percent from 1 April 2025 onwards.
The property - comprises 2 large purpose-built 2-bedroom units nestled on 1054m2 freehold land, brick construction, built for longevity, each unit is complemented with lockup single garaging, off-street parking and their individual title.
The rental income per unit per week of $310.00 is great, but an independent rental appraisal of $390.00 per week per unit equates to $780.00 per week = $40,560 pa. Plus the proposed newly built dwelling is a banker's delight
111 Manaia Street Tokoroa is located in a quiet location, surrounded by quality real estate. Easy commute to Tokoroa's shopping centre hub, local amenities, schools and service clubs.

An in-demand property from prospective tenants, which is demonstrated by the property's high occupancy rate Thus creating a hassle-free investment

Proposed Subdivision Plan. Build your capital -There has been a proposed subdivision plan drafted to subdivide the property into three titles, generating a 408.2m2 (net Site Area) section.

The perfect acquisition for capital growth is a banker's delight.

Please allow 48 hours' notice for viewing as all units are tenanted

All prospective purchasers shall complete their own due diligence, seek legal and expert advice, and satisfy themselves with respect to information supplied during the marketing of this property, including but not limited to: the floor and land sizes, boundary lines, underground services, along with any scheme plans or consents.
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