Residential
More from realestate.co.nz:
Agents News

56a & 56b Fergusson Street, Tokoroa, South Waikato

Dual, Immediate Income with Great Tenants

dollar

Negotiation

House
House
Bedroom
4
Bathroom
2
Floor area
190m2
Land area
809m2
On this page:

Property details

Listing # L37561363 | Listed on 27 November 2025

If you've been searching for a solid, income-generating addition to your portfolio, this dual-flat property is one you won't want to miss.

Set in a sought-after neighbourhood, 56 Fergusson Street offers two well-maintained flats on one title, both currently occupied by reliable, long-term tenants.

Front Flat:
2 bedrooms, practical layout, heat pump, carpeted, and a separate toilet.

Rear Flat:
2 bedrooms, plus 2 utility rooms and 2 lounges, offering exceptional flexibility for families or shared living. Also fitted with a heat pump and well-laid-out spaces.

This property delivers immediate, consistent rental income from day one -and for investors with vision, there's great potential to add value through renovations, further lifting rental returns and long-term growth.

Conveniently located near parks, a kindergarten, schools, and public transport, tenant demand here remains strong.

A Registered Valuation of $710,000 was completed earlier this year, confirming the strength of this opportunity. Even at that price, the property still provides a very healthy gross yield, making it an attractive, numbers-driven investment.

With its proven rental history, great tenants, and clear upside, 56 Fergusson Street is a dependable, high-performing investment.

  • Rental information and valuation details available upon request. Contact us today to arrange your private viewing.
Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Other Features: 2x wall heaters

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration