37A & 37B Papanui Street Tokoroa, South Waikato District

Are you searching for an exceptional investment opportunity or a home with income potential? Look no further! Featuring two dwellings on one title, offering incredible versatility and potential returns.

House A boasts an iron roof, timber joinery, and weatherboard exterior, exuding classic charm. Enjoy the spacious, open-plan lounge with a heat pump, perfect for relaxation and entertaining. The neutral decor creates a welcoming ambience, complementing an HRV system and heat pump for year-round comfort. Three bedrooms, an updated bathroom, and a modern kitchen with an electric oven and rangehood complete this inviting home. Additional features include ceiling and underfloor insulation, an infinity gas hot water cylinder, and a separate garden shed.

House B features an updated iron roof, timber joinery, and weatherboard exterior. The modern kitchen, separate laundry, and insulated interior offer comfortable living. A large lounge with a heat pump, a separate toilet, and a modern bathroom with a corner shower and an additional second toilet add to the appeal. Three bedrooms, decorated in neutral tones complete this attractive home.

Both dwellings benefit from a concrete driveway and a fully fenced section, providing security and privacy. Potential to subdivide with some council requirements already completed.

With tenants already in place, this property provides immediate rental income of $59,800 p/a.

This unique property presents an exceptional opportunity for investors seeking a dual-income stream or those looking for a home and income solution. Don't miss out on this fantastic offering! Contact Michelle today to arrange a viewing.